Beam Therapeutics Inc., a biotechnology company, develops precision genetic medicines for patients suffering from serious diseases in the United States. The company is developing BEAM-101 for the treatment of sickle cell disease and beta thalassemia; BEAM-102 for the treatment of sickle cell disease; and BEAM-201, an allogeneic chimeric antigen receptor T cell for the treatment of relapsed/refractory T-cell acute lymphoblastic leukemia; and BEAM-301, a liver-targeted development candidate for the treatment of patients with Glycogen Storage Disease Type Ia. It also develops therapies for alpha-1 antitrypsin deficiency; ocular diseases; and other liver, muscle, and central nervous system disorders. The company has an alliance with Boston Children's Hospital; a research and clinical trial collaboration agreement with Magenta Therapeutics, Inc.; license agreement with Sana Biotechnology, Inc.; and a research collaboration with the Institute of Molecular and Clinical Ophthalmology Basel. It also has a research collaboration agreement with Pfizer Inc. and Apellis Pharmaceuticals, Inc.; and collaboration and license agreement with Verve Therapeutics, Inc. The company was incorporated in 2017 and is based in Cambridge, Massachusetts.
Revenue of Beam Therapeutics Inc. (BEAM)
Revenue in 2023 (TTM): $377.71 M
According to Beam Therapeutics Inc.'s latest financial reports the company's current revenue (TTM) is $377.71 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Beam Therapeutics Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $377.71 M | $-59,672,000 | $-156,473,000 | $-131,161,000 | $-132,526,999 |
| 2022 | $60.92 M | $38.34 M | $-324,332,000 | $-260,178,000 | $-263,588,000 |
| 2021 | $51.84 M | $35.4 M | $-392,465,000 | $-370,638,000 | $-341,360,000 |
| 2020 | $24 K | $-103,155,000 | $-128,025,000 | $-194,592,000 | $-256,424,000 |
| 2019 | $18 K | $-5,389,000 | $-71,651,000 | $-78,326,000 | $-78,442,000 |
| 2018 | $ | $-650,000 | $-45,091,000 | $-116,738,000 | $-115,257,000 |
| 2017 | $ | $-11,000 | $-7,991,000 | $-8,002,000 | $-8,002,000 |