Crispr Therapeutics AGCASGEVY revenue up 151% YoY and narrower net loss

CRISPR Therapeutics reported second quarter 2026 financial results, with CASGEVY revenue reaching $76 million, a 78% increase quarter-over-quarter and 151% year-over-year. The U.S. FDA recently approved CASGEVY for children as young as 2 years old with sickle cell disease or transfusion-dependent beta thalassemia, making it the first genetic therapy indicated for this age group and potentially expanding the eligible patient population by approximately 5,500. The company also initiated Phase 1 clinical trials for two in vivo gene editing candidates, CTX340 for refractory hypertension and CTX460 for alpha-1 antitrypsin deficiency. Net loss for the quarter narrowed to $91.2 million from $208.5 million a year earlier, while cash, cash equivalents, and marketable securities rose to $2.36 billion, boosted by $585.4 million in net proceeds from a convertible senior notes offering in March 2026.
Crispr Therapeutics AGCASGEVY revenue up 151% YoY and narrower net loss
Caterpillar Inc