2seventy bio, Inc. (TSVT) Financial Statements (2026 and earlier)

Company Profile

Business Address 60 BINNEY STREET
CAMBRIDGE, MA 02210
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments71,24459,984111,86456,79274,95890,226
Cash and cash equivalent71,24459,984111,86456,79274,95890,226
Receivables7,78122,27518,12511,97713,41119,515
Prepaid expense4,7213,8054,8736,6977,3657,120
Asset, held-for-sale, not part of disposal group    12,786  
Other undisclosed current assets103,510132,41590,009124,590142,031160,393
Total current assets:187,256218,479224,871212,842237,765277,254
Noncurrent Assets
Operating lease, right-of-use asset204,391205,724210,460215,317219,958224,553
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization33,75935,23736,71938,23458,15060,681
Intangible asset, including goodwill, after accumulated amortization5,8856,0636,2406,417(5,506)6,771
Goodwill     (12,100) 
Intangible asset, excluding goodwill, after accumulated amortization5,8856,0636,2406,4176,5946,771
Other undisclosed noncurrent assets48,21938,34339,60638,24155,05971,547
Total noncurrent assets:292,254285,367293,025298,209327,661363,552
TOTAL ASSETS:479,510503,846517,896511,051565,426640,806
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13,89119,88417,27720,54123,00232,027
Accounts payable1,0555,0762,9958,8016,0285,307
Accrued liabilities12,83614,80814,28211,74016,97426,720
Deferred revenue    16,33615,40313,026
Other undisclosed current liabilities26,20124,21129,92723,52921,37422,955
Total current liabilities:40,09244,09547,20460,40659,77968,008
Noncurrent Liabilities
Liabilities, other than long-term debt228,612231,649235,888243,206250,347266,376
Deferred revenue    2,4503,91816,077
Other liabilities1,260  6852,4162,409
Operating lease, liability227,352231,649235,888240,071244,013247,890
Total noncurrent liabilities:228,612231,649235,888243,206250,347266,376
Total liabilities:268,704275,744283,092303,612310,126334,384
Equity
Equity, attributable to parent210,806228,102234,804207,439255,300306,422
Common stock555555
Additional paid in capital779,176776,736774,046771,660766,716761,728
Accumulated other comprehensive income (loss)89305(236)(336)(204)(916)
Accumulated deficit(568,464)(548,944)(539,011)(563,890)(511,217)(454,395)
Total equity:210,806228,102234,804207,439255,300306,422
TOTAL LIABILITIES AND EQUITY:479,510503,846517,896511,051565,426640,806

Income Statement (P&L) ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
Revenues2,92613,5348,96712,43510,68412,034
Cost of revenue(8,143)(5,971)(4,766)(3,279)(2,502)(5,013)
Gross profit:(5,217)7,5634,2019,1568,1827,021
Operating expenses(18,049)(21,504)(31,270)(60,310)(68,118)(84,989)
Operating loss:(23,266)(13,941)(27,069)(51,154)(59,936)(77,968)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
1,1141,1531,434646(534)2,704
Loss from continuing operations before equity method investments, income taxes:(22,152)(12,788)(25,635)(50,508)(60,470)(75,264)
Other undisclosed income (loss) from continuing operations before income taxes2,6322,85550,514(2,165)3,6483,626
Net income (loss) available to common stockholders, diluted:(19,520)(9,933)24,879(52,673)(56,822)(71,638)

Comprehensive Income ($ in thousands)

3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
Net income (loss):(19,520)(9,933)24,879(52,673)(56,822)(71,638)
Other comprehensive income (loss)  541100(132) 514
Other undisclosed comprehensive income 293   2,673 
Comprehensive income (loss):(19,227)(9,392)24,979(52,805)(54,149)(71,124)
Other undisclosed comprehensive loss, net of tax, attributable to parent(509)   (1,961) 
Comprehensive income (loss), net of tax, attributable to parent:(19,736)(9,392)24,979(52,805)(56,110)(71,124)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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