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PRMEPrime Medicine, Inc.
$3.99$721M
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PRME logoPrime Medicine, Inc.(PRME)Earnings, Financials & Key Ratios

PRME•NASDAQ
$3.99
Price updated Jul 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryRNA and Genome Editing Developers
AboutPrime Medicine, Inc., a biotechnology company, delivers genetic therapies to address diseases by deploying gene editing technology. It offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. The company was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.Show more
  • Revenue$5M+55.3%
  • EBITDA-$203M-3.4%
  • Net Income-$201M-2.7%
  • EPS (Diluted)-1.35+18.3%
  • Gross Margin-58.05%-158.1%
  • EBITDA Margin-4381.82%+33.4%
  • Operating Margin-4498.06%+33.7%
  • Net Margin-4342.44%+33.9%
  • ROE-146.81%-7.3%

PRME Price & Volume

Prime Medicine, Inc. (PRME) stock price & volume — 10-year historical chart

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Persistent Cash Burn Challenges Prime Medicine Outlook

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Insufficient cash runway

Key Thesis Takeaways

  • Prime Medicine remains a high-risk, pre-commercial biotechnology entity heavily reliant on lumpy, milestone-dependent revenue streams to offset substantial R&D expenditures.
  • The company's reliance on external financing is underscored by a rapidly depleting cash position and a rising debt-to-equity ratio, which threatens long-term strategic continuity.
  • Investors should monitor the firm's ability to secure non-dilutive capital, as the current trajectory of negative operating margins and significant capital erosion suggests a precarious path toward commercial viability.

Verdict Logic

the company's precarious liquidity position, evidenced by a cash balance of only $64.1 million against consistent quarterly operating losses, warrants extreme caution regarding potential future dilution.

PRME Growth Metrics

Prime Medicine, Inc. (PRME) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-2.32%
3 Years-
TTM4.89%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM1.8%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM23.47%

Return on Capital

10 Years-75.01%
5 Years-72.72%
3 Years-87.58%
Last Year-73.77%

PRME Recent Earnings

Prime Medicine, Inc. (PRME) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 1/12 qtrs (11%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.28-16.7%
$0.24
Rev
$856,000-63.2%
$2M
Q2 2026
Mar 3, 2026
Metric
Actual
Est
EPS
$0.22+12.0%
$0.25
Rev
$842,000-34.6%
$1M
Q4 2025
Nov 7, 2025
Metric
Actual
Est
EPS
$0.32-14.3%
$0.28
Rev
$1M-40.3%
$2M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.41-13.9%
$0.36
Rev
$1M-60.2%
$3M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.28vs $0.24-16.7%
$856,000vs $2M-63.2%
Q2 2026Mar 3, 2026
$0.22vs $0.25+12.0%
$842,000vs $1M-34.6%
Q4 2025Nov 7, 2025
$0.32vs $0.28-14.3%
$1Mvs $2M-40.3%
Q3 2025Aug 7, 2025
$0.41vs $0.36-13.9%
$1Mvs $3M-60.2%
Based on last 12 quarters of dataView full earnings history →

Latest PRME News

Recent stock market news and headlines for Prime Medicine, Inc. (PRME)

GlobeNewsWire·Jun 22, 2026
Prime Medicine Receives U.S. FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for PM359 for the Treatment of Chronic Granulomatous Disease (CGD)

-- RMAT designation granted based on Phase 1/2 clinical data, including results previously published in The New England Journal of Medicine, demonstrating PM359's potential to address unmet need in p47 phox -deficient CGD -- -- Designation enables early and intensive FDA engagement, and provides eligibility for rolling and priority Biologics License Application review -- -- PM359 now holds RMAT, Fast Track, Orphan Drug, and Rare Pediatric Disease Designations -- CAMBRIDGE, Mass., June 22, 2026 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced that the U.S. Food and Drug Administration (FDA) has granted Regenerative Medicine Advanced Therapy (RMAT) designation to PM359, an investigational autologous Prime Edited hematopoietic stem cell therapy for the treatment of p47phox-deficient chronic granulomatous disease (CGD).

GlobeNewsWire·Jun 18, 2026
Prime Medicine Announces New Zealand Clearance of Clinical Trial Application for PM577a in H1069Q-mutated Wilson Disease

-- First clinical authorization for an in vivo Prime Editing therapy from Prime Medicine -- -- PM577a targets the H1069Q mutation in the ATP7B gene, the most prevalent WD-causing allele in North America and Europe --

The Motley Fool·Jun 15, 2026
Ocular Therapeutix vs. Prime Medicine: Which Healthcare Stock Is a Better Buy in 2026?

Ocular Therapeutix is transitioning into a major player in the retinal disease market with its lead program, Axpaxli. Prime Medicine is pioneering a DNA technology to search and replace genetic mutations at their source.

Peers Comparison

Key metrics vs top competitors for Prime Medicine, Inc. (PRME)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PRME logoPRMEPrime Medicine, Inc.Current
$3.99$720.66M-2.9655.28%-4342.44%-146.81%—
BEAM logoBEAMBeam Therapeutics Inc.
$37.92$3.9B-46.81120.01%-49.17%-5.89%—
CRSP logoCRSPCRISPR Therapeutics AG
$60.77$5.86B-9.39-89.97%-13856.54%-30.88%—
EDIT logoEDITEditas Medicine, Inc.
$3.75$367.15M-2.0825.39%-281.59%-677.39%—
NTLA logoNTLAIntellia Therapeutics, Inc.
$17.43$1.96B-4.5716.92%-597.04%-57.27%—
KRRO logoKRROKorro Bio, Inc.
$14.49$144.22M-1.16181.46%-2954.14%-117.86%—

Compare PRME vs Peers

Prime Medicine, Inc. (PRME) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BEAM

Most directly comparable listed peer for PRME.

Scale Benchmark

vs ALNY

Larger-name benchmark to compare PRME against a more recognizable public peer.

Peer Set

Compare Top 5

vs BEAM, CRSP, EDIT, NTLA

PRME SEC Filings & Documents

Prime Medicine, Inc. (PRME) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

4
Material company update

May 7, 2026·SEC

Material company update

Apr 16, 2026·SEC

Material company update

Mar 3, 2026·SEC

10-K Annual Reports

1
FY 2026

Mar 3, 2026·SEC

10-Q Quarterly Reports

1
FY 2026

May 7, 2026·SEC

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PRME Frequently Asked Questions

Prime Medicine, Inc. (PRME) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Prime Medicine, Inc.'s revenue?

Prime Medicine, Inc. (PRME) reported $4.0M in revenue for fiscal year 2025.

How fast is Prime Medicine, Inc. growing?

Prime Medicine, Inc. (PRME) grew revenue by 55.3% over the past year. This is strong growth.

Is PRME profitable?

Prime Medicine, Inc. (PRME) reported a net loss of $198.4M for fiscal year 2025.

Dividend & Returns
What is PRME's return on equity?

Prime Medicine, Inc. (PRME) has a return on equity (ROE) of -146.8%. Negative ROE indicates the company is unprofitable.

What is Prime Medicine, Inc.'s free cash flow?

Prime Medicine, Inc. (PRME) had negative free cash flow of $158.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in PRME back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →