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Lyell Immunopharma, Inc. (LYEL)

Lyell Immunopharma, Inc., a clinical-stage cell therapy company, develops chimeric antigen receptor (CAR) T-cell product candidates for patients with hematologic malignancies and solid tumors. The company’s lead product candidate include rondecabtagene autoleucel, an autologous dual-targeting CD19/CD20 CAR T-cell therapy in development, which is in pivotal PiNACLE trial in the 3L+ setting and in a Phase 1/2 clinical trial in the 2L setting, as well as a second pivotal trial, PiNACLE-H2H, which is a Phase 3 head-to-head CAR T cell therapy randomized controlled trial of ronde-cel for LBCL in the 2L setting for the treatment of large B-cell lymphoma; and LYL273, a GCC-targeted CAR T-cell product candidate enhanced with CD19 CAR expression and controlled cytokine release designed to improve CAR T-cell expansion, immune cell infiltration, and cancer cell killing in the hostile solid tumor microenvironment, which is in Phase 1 clinical trial for the treatment of refractory metastatic colorectal cancer. The company develops therapies using various approaches, such as c-Jun overexpression and NR4A3 gene knockout, to endow functional resistance to exhaustion; Epi-R to generate population of stem-like T cells with reduced exhaustion and improved proliferation and antitumor activity; and CD62L positive enrichment to generate CAR T cells with enhanced antitumor activity. Lyell Immunopharma, Inc. was incorporated in 2018 and is headquartered in South San Francisco, California.

Sector: Pharmaceutical Preparations

Industry: Biotechnology

Lyell Immunopharma, Inc. logo

Lyell Immunopharma, Inc.

NASDAQ:LYELHealthcare
-2.34%$11.04
AH$11.04+0.00%vs close
Mkt Cap$270.54M
Float24.15M
O/S24.51M
Vol
$ Vol
RVOL
Inst Own51.7%
SI5.8%
Earnings
Dilution
Financials Summary
Revenue$36K
Net Income-$274.45M
Total Assets$340.05M
Free Cash Flow-$150.8M
Debt & Equity
Debt 17%
Equity 83%
Total Debt$50.99M
Total Equity$248.2M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:20

Nasdaq bars a compliance period at 1:250

  1. 1:20Reverse split
    Jun 2, 202520 shares → 1
Balance Sheet Details
Assets$340.05M
Liabilities$91.85M
Accounts Receivable$0
Accounts Payable$2.89M
Inventory$0
PP&E (Net)$53.64M
Goodwill$0
Intangible Assets$0
Income Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
CurrencyUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$36K$61K$130K$84.68M$10.65M$7.76M$657K
YoY Growth-41.0%-53.1%-99.8%695.1%37.3%1080.5%-
Cost of Revenue$11.54M$0$0$0$0$0$0
Gross Profit-$11.5M$61K$130K$84.68M$10.65M$7.76M$657K
Gross Margin-31952.8%100.0%100.0%100.0%100.0%100.0%100.0%
Research and Development$158.68M$171.6M$182.94M$159.19M$138.69M$182.24M$63.59M
Selling, General, and Administrative$45.13M$52.04M$66.98M$117.31M$89.06M$46.88M$39.15M
Other-$11.54M$135.17M-$2.79M-$4.75M-$2.32M-$9.43M$0
Total Operating Expenses$192.27M$358.82M$247.14M$271.74M$225.43M$219.69M$102.75M
Operating Income (EBIT)-$203.77M-$358.75M-$247.01M-$187.06M-$214.78M-$211.94M-$102.09M
Operating Margin-566038.9%-588123.0%-190006.2%-220.9%-2016.7%-2732.6%-15538.7%
Interest Expense$0$0$0$0$0$0$0
Interest Income$13.08M$24.07M$23.45M$7.05M$1.17M$5.94M$8.12M
Other Income (Expense)-$70.67M$15.76M$12.38M$3.94M-$35.44M$7.46M-$27.29M
Income Before Tax (EBT)-$274.45M-$342.99M-$234.63M-$183.12M-$250.22M-$204.47M-$129.38M
Income Tax Expense$0$0$0$0$0$0$0
Net Income-$274.45M-$342.99M-$234.63M-$183.12M-$250.22M-$204.47M-$129.38M
Net Income Margin-762355.6%-562285.2%-180486.2%-216.2%-2349.5%-2636.3%-19692.1%
Supplementary Data
EPS-16.06-1.31-0.93-0.74-1.03-0.84-0.53
Diluted EPS-16.06-1.31-0.93-0.74-1.03-0.84-0.53
Weighted Average OS17.09M13.07M12.55M12.35M12.14M12.33M12.33M
EBITDA-$262.91M-$200.64M-$214.38M-$165.1M-$236.59M-$215.43M-$100.83M
EBITDA Margin-730302.8%-328923.0%-164909.2%-195.0%-2221.5%-2777.6%-15347.5%
Balance Sheet
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
CurrencyUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Assets
Current Assets
Cash and Cash Equivalents$60.18M$105.6M$145.65M$123.55M$293.83M$140.41M$96.67M
Short-Term Investments$187.04M$264.93M$400.58M$516.6M$320.97M$472.21M$339.38M
Cash and Short-Term Investments$247.22M$370.53M$546.22M$640.15M$614.79M$612.62M$436.05M
Accounts Receivable$0$0$0$0$0$0$0
Inventory$0$0$0$0$0$0$0
Other Current Assets$13.72M$9.07M$8.46M$11.14M$0$0$0
Total Current Assets$260.94M$379.59M$554.69M$651.29M$626.29M$617.55M$440.26M
Long-Term Assets
Property, Plant & Equipment Net$53.64M$72.94M$142.32M$166.26M$166.64M$124.06M$43.7M
Goodwill$0$0$0$0$0$0$0
Intangible Assets$0$0$0$0$0$0$0
Long-Term Investments$19M$32.01M$48.51M$115.04M$330.53M$163.44M$68.98M
Deferred Tax Assets$0$0$0$0$0$0$0
Other Long-Term Assets$6.47M$6.31M$4.52M$4.96M$3.95M$3.23M$2.68M
Total Long-Term Assets$79.11M$111.27M$195.34M$286.27M$501.12M$290.73M$115.37M
Other Assets$0$0$0$0$0$0$0
Total Assets$340.05M$490.86M$750.03M$937.56M$1.13B$908.28M$555.63M
Liabilities
Current Liabilities
Accounts Payable$2.89M$5.37M$4.82M$3.92M$3.21M$9.4M$2.84M
Short-Term Debt$0$0$0$0$0$0$0
Current Income Tax Payable$0$0$0$0$0$0$0
Current Unearned Revenue$2.54M$0$0$0$4.99M$6.09M$4.51M
Other Current Liabilities$13.71M$22.72M$8.79M$22.16M$28.25M$15.33M$10.58M
Total Current Liabilities$49.41M$53.79M$34.52M$37.03M$46.74M$49.28M$22.05M
Long-Term Liabilities
Long-Term Debt$0$0$0$0$0$0$0
Long-Term Unearned Revenue$0$0$0$0$79.67M$89.07M$98.41M
Long-Term Deferred Tax Liabilities$0$0$0$0$0$0$0
Other Long-Term Liabilities$517K$3.25M$3.66M$4.11M$4.57M$532K$0
Total Long-Term Liabilities$42.44M$54.25M$60.56M$67.28M$150.88M$140.56M$125.53M
Other Liabilities$0$0$0$0$0$0$0
Total Liabilities$91.85M$108.03M$95.08M$104.31M$197.62M$189.84M$147.58M
Stockholders' Equity
Preferred Stock$0$0$0$0$0$1.01B$519.16M
Common Stock$2K$29K$25K$25K$24K$2K$1K
Retained Earnings-$1.62B-$1.35B-$1B-$767.48M-$584.36M-$334.14M-$129.67M
Comprehensive Income & Other$242K$291K-$94K-$7.6M-$1.62M$256K$454K
Other Stockholders' Equity$1.87B$1.73B$1.66B$1.6B$1.51B$1.05B$537.73M
Total Equity$248.2M$382.82M$654.95M$833.25M$929.79M$718.44M$408.06M
Minority Interest$0$0$0$0$0$0$0
Total Liabilities and Equity$340.05M$490.86M$750.03M$937.56M$1.13B$908.28M$555.63M
Supplementary Data
Total Debt$50.99M$58.97M$63.17M$67.7M$67.82M$54.57M$27.47M
Net Debt-$9.19M-$46.63M-$82.48M-$55.85M-$226.01M-$85.83M-$69.2M
Cash Flow Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
CurrencyUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating Activities
Net Income-$274.45M-$342.99M-$234.63M-$183.12M-$250.22M-$204.47M-$129.38M
Depreciation & Amortization$11.54M$19.63M$20.25M$18.02M$13.62M$4.29M$1.26M
Deferred Income Tax$0$0$0$0$39.51M$0-$1.52M
Stock-Based Compensation$41.83M$33.14M$47.08M$0$62.2M$33.26M$15.73M
Changes in Working Capital:
  Accounts Receivable$0$0$0$0$0$0$0
  Inventory$0$0$0$0$0$0$0
  Accounts Payable-$2.34M-$3.23M$1.46M$667K$91K-$278K$1.71M
  Other Working Capital-$7.55M$114K$1.96M-$82.68M$3.92M-$58K$109.1M
Total Working Capital Change-$9.89M-$3.12M$3.42M-$82.02M$4.01M-$336K$110.81M
Other Non-Cash Items$80.95M$130.94M$183K$77.56M$4.62M$6.38M$42.57M
Net Cash from Operating-$150.02M-$162.39M-$163.69M-$169.56M-$126.25M-$160.87M$39.47M
Investing Activities
Capital Expenditures-$780K-$464K-$2.69M-$24.28M-$65.5M-$51.48M-$16.05M
Acquisitions-$41.2M-$31.35M$0$0$673.47M$0$0
Purchases of Investments-$259.71M-$394.71M-$476.88M-$406.32M-$673.47M-$908.36M-$34M
Sales of Investments$374.68M$548.94M$663.61M$419.05M$617.4M$686.32M$238.46M
Other Investing Activities-$18.9M$0$0$0-$673.47M$0-$610.84M
Net Cash from Investing$54.1M$122.42M$184.05M-$11.54M-$121.57M-$273.52M-$422.43M
Financing Activities
Debt Repaid-------
Common Stock Issuance$50.41M$1.4M$2.2M$11.1M$391.8M$0$0
Common Stock Repurchases$0$0$0$0$0-$11.81M-$185K
Dividends Paid$0$0$0$0$0$0$0
Other Financing Activities-$1K-$76K-$457K-$461K$9.44M$373K$0
Net Cash from Financing$50.41M$1.33M$1.74M$10.63M$401.24M$476.79M$351.16M
Forex Effect$0$0-$4K$186K$0$0$0
Net Change in Cash-$45.52M-$38.64M$22.09M-$170.27M$153.42M$42.4M-$31.8M
Supplementary Data
Operating Cash Flow-$150.02M-$162.39M-$163.69M-$169.56M-$126.25M-$160.87M$39.47M
Capital Expenditure-$780K-$464K-$2.69M-$24.28M-$65.5M-$51.48M-$16.05M
Free Cash Flow-$150.8M-$162.86M-$166.38M-$193.83M-$191.75M-$212.35M$23.43M
Cash at Beginning$107.29M$145.93M$123.55M$293.83M$140.87M$98.47M$130.28M
Cash at End$61.77M$107.29M$145.65M$123.55M$294.29M$140.87M$98.47M