Passage Bio, Inc. (PASG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 129K | 0 | 0 | 200K | 0 | 719K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -129K | 0 | 0 | -200K | 0 | -719K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | 100% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 8.75M | 13.85M | 8.65M | 10.13M | 16.46M | 13.55M | 20.7M | 17.38M | 18.05M | 18.45M | 28.67M | 25.39M | 35.88M | 28.24M | 27.53M | 39.81M | 42.81M | 51.16M | 47.1M | 48.53M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 4.79M | 4.92M | 4.35M | 4.52M | 6.08M | 3.99M | 7.25M | 6.51M | 6.51M | 6.29M | 8.18M | 8.06M | 7.75M | 6.79M | 10.66M | 12.99M | 15.1M | 17.19M | 14.98M | 15.42M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 4.09M | 5.42M | 4.31M | 5.81M | 7.74M | 9.56M | 8.66M | 10.43M | 11.54M | 12.16M | 15.1M | 17.32M | 16.84M | 17.66M | 15.36M | 26.82M | 26.21M | 33.97M | 26.62M | 33.11M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -129K | 1000K | 0 | -200K | 1000K | 0 | 1000K | 438K | 0 | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 1000K | 0 |
| Operating Income | -8.88M | -13.85M | -8.65M | -10.33M | -16.46M | -14.27M | -20.7M | -17.38M | -18.05M | -18.45M | -28.67M | -25.39M | -35.88M | -28.24M | -27.53M | -39.81M | -42.81M | -51.16M | -47.1M | -48.53M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 46.05% | 2.96% | 58.19% | 40.53% | 8.81% | 22.64% | 27.8% | 31.55% | 49.7% | 34.69% | -4.16% | 36.23% | 16.18% | 44.79% | 41.56% | 17.97% | -9.96% | -30.99% | -64.52% | -77.75% |
| EBITDA | -8.75M | -13.67M | -8.35M | -10.13M | -16.26M | -13.55M | -19.94M | -16.58M | -17.24M | -17.64M | -27.71M | -24.41M | -34.91M | -27.3M | -26.6M | -38.89M | -41.93M | -50.49M | -46.64M | -48.33M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | 46.17% | -0.89% | 58.16% | 38.88% | 5.72% | 23.18% | 28.04% | 32.07% | 50.6% | 35.38% | -4.2% | 37.23% | 16.75% | 45.93% | 42.98% | 19.53% | -8.28% | -30.21% | -64.49% | -78.3% |
| D&A (Non-Cash Add-back) | 129K | 177K | 310K | 200K | 201K | 719K | 759K | 797K | 806K | 807K | 958K | 978K | 978K | 946K | 929K | 921K | 883K | 669K | 460K | 203K |
| EBIT | -8.88M | -10.34M | -7.75M | -9.38M | -13.82M | -13.03M | -15.91M | -16.94M | -18.05M | -18.45M | -23.28M | -25.39M | -24.58M | -22.14M | -26.03M | -39.81M | -41.31M | -50.16M | -41.6M | -48.53M |
| Net Interest Income | 0 | 0 | 0 | 0 | 700K | 800K | 1.1M | 1.2M | 1.3M | -45K | 0 | 0 | 0 | 1.17M | 825K | 270K | 1K | 6K | 186K | 99K |
| Interest Income | 0 | 0 | 0 | 0 | 700K | 800K | 1.1M | 1.2M | 1.3M | 1.5M | 0 | 0 | 0 | 1.17M | 825K | 270K | 1K | 6K | 186K | 99K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 1.32M | 865K | 906K | 949K | 1.05M | 1.54M | 1.36M | 1.39M | 1.34M | 1.69M | 1.56M | 1.53M | 1.54M | 1.17M | 825K | 270K | 1K | 6K | 186K | 99K |
| Pretax Income | -7.56M | -12.98M | -7.75M | -9.38M | -15.4M | -12.72M | -19.34M | -15.99M | -16.71M | -16.76M | -27.11M | -23.86M | -34.34M | -27.07M | -26.7M | -39.54M | -42.81M | -51.15M | -46.91M | -48.44M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -7.56M | -12.98M | -7.75M | -9.38M | -15.4M | -12.72M | -19.34M | -15.99M | -16.71M | -16.76M | -27.11M | -23.86M | -34.34M | -27.07M | -26.7M | -39.54M | -42.81M | -51.15M | -46.91M | -48.44M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 50.93% | -2.03% | 59.93% | 41.31% | 7.82% | 24.07% | 28.66% | 32.97% | 51.33% | 38.1% | -1.53% | 39.67% | 19.79% | 47.08% | 43.09% | 18.36% | -10.1% | -31.35% | -64.44% | -78.25% |
| Net Income (Continuing) | -7.56M | -12.98M | -7.75M | -9.38M | -15.4M | -12.72M | -19.34M | -15.99M | -16.71M | -16.76M | -27.11M | -23.86M | -34.34M | -27.07M | -26.7M | -39.54M | -42.81M | -51.15M | -46.91M | -48.44M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -2.36 | -4.08 | -2.45 | -2.96 | -4.96 | -4.10 | -6.26 | -5.18 | -5.94 | -6.10 | -9.90 | -8.80 | -12.00 | -9.40 | -9.80 | -14.40 | -15.80 | -19.00 | -18.84 | -18.00 |
| EPS Growth % | 52.42% | 0.49% | 60.86% | 42.86% | 16.5% | 32.79% | 36.77% | 41.14% | 50.5% | 35.11% | -1.02% | 38.89% | 24.05% | 50.53% | 47.98% | 20% | -1.22% | -21.48% | -49.52% | -50% |
| EPS (Basic) | -2.36 | -4.08 | -2.45 | -2.96 | -4.96 | -4.10 | -6.26 | -5.18 | -5.94 | -6.10 | -9.90 | -8.80 | -12.00 | -9.40 | -9.80 | -14.40 | -15.80 | -19.00 | -18.84 | -18.00 |
| Diluted Shares Outstanding | 3.21M | 3.17M | 3.17M | 3.17M | 3.11M | 3.1M | 3.09M | 3.08M | 2.81M | 2.75M | 2.74M | 2.73M | 2.73M | 2.73M | 2.72M | 2.72M | 2.71M | 2.7M | 2.49M | 2.69M |
| Basic Shares Outstanding | 3.21M | 3.17M | 3.17M | 3.17M | 3.11M | 3.1M | 3.09M | 3.08M | 2.81M | 2.75M | 2.74M | 2.73M | 2.73M | 2.73M | 2.72M | 2.72M | 2.71M | 2.7M | 2.49M | 2.69M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |