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HOWL (Werewolf Therapeutics, Inc.) Stock Financials & Earnings | Market Cap Arena
HOWL
Werewolf Therapeutics, Inc.
Mkt Cap
$35M
Healthcare
·
Biotechnology
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$0
Net Income (TTM)
-$73M
EPS (TTM)
-$1.62
Free Cash Flow (TTM)
-$64M
Gross Margin
—
Op. Margin
—
Net Margin
—
FCF Margin
—
P/S Ratio (TTM)
—
P/E Ratio (TTM)
—
YoY Rev Growth
-100.0%
Employees
—
Earnings Reports
▶
Q3 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q4 22
$7M
-$6M
-$13M
Q1 23
$4M
$4M
-$12M
Q2 23
$8M
$8M
-$6M
Q3 23
$6M
$5M
-$9M
Q4 23
$2M
$1M
-$13M
Q1 24
$742K
$278K
-$17M
Q2 24
$1M
$689K
-$19M
Q3 24
$0
$0
-$17M
Q4 24
$0
$0
-$20M
Q1 25
$0
-$426K
-$18M
Q2 25
$0
-$406K
-$18M
Q3 25
$0
$0
-$16M
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Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q4 22
2.1x
—
Q1 23
1.7x
—
Q2 23
1.4x
—
Q3 23
1.4x
—
Q4 23
1.8x
—
Q1 24
2.2x
—
Q2 24
3.8x
—
Q3 24
10.3x
—
Q4 24
18.6x
—
Q1 25
30.6x
—
Q2 25
—
—
Q3 25
—
—
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q4 22
-$12M
-$12M
Q1 23
-$10M
-$10M
Q2 23
-$11M
-$11M
Q3 23
-$7M
-$7M
Q4 23
-$5M
-$5M
Q1 24
-$15M
-$15M
Q2 24
-$14M
-$14M
Q3 24
-$12M
-$12M
Q4 24
-$14M
-$14M
Q1 25
-$19M
-$19M
Q2 25
-$15M
-$15M
Q3 25
-$15M
-$15M
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Capital Expenditures
CapEx
Quarter
CapEx
Q4 22
$518K
Q1 23
$168K
Q2 23
$182K
Q3 23
$221K
Q4 23
$198K
Q1 24
$111K
Q2 24
$17K
Q3 24
$3K
Q4 24
$123K
Q1 25
$0
Q2 25
$0
Q3 25
$0
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q4 22
—
+14.4%
Q1 23
—
+8.6%
Q2 23
+94.8%
-26.0%
Q3 23
+18.7%
-13.5%
Q4 23
-79.4%
-29.3%
Q1 24
-83.4%
+7.3%
Q2 24
-85.9%
+42.1%
Q3 24
-100.0%
+13.0%
Q4 24
-100.0%
+40.7%
Q1 25
-100.0%
+0.5%
Q2 25
-100.0%
-12.7%
Q3 25
—
-8.2%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q4 22
$2M
26.7%
Q1 23
$2M
47.2%
Q2 23
$2M
23.9%
Q3 23
$2M
35.6%
Q4 23
$2M
124.8%
Q1 24
$2M
310.6%
Q2 24
$3M
227.6%
Q3 24
$2M
—
Q4 24
$2M
—
Q1 25
$2M
—
Q2 25
$2M
—
Q3 25
$0
—
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OpEx Breakdown
R&D
G&A
S&M
Quarter
R&D
G&A
S&M
Q4 22
$16M
$3M
$4M
Q1 23
$12M
$5M
—
Q2 23
$10M
$5M
—
Q3 23
$11M
$4M
—
Q4 23
$10M
$5M
—
Q1 24
$13M
$5M
—
Q2 24
$15M
$5M
—
Q3 24
$13M
$5M
—
Q4 24
$16M
$5M
—
Q1 25
$13M
$5M
—
Q2 25
$13M
$4M
—
Q3 25
$12M
$4M
—
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War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q4 22
$129M
$0
$129M
Q1 23
$148M
$0
$148M
Q2 23
$137M
$0
$137M
Q3 23
$130M
$0
$130M
Q4 23
$134M
$0
$134M
Q1 24
$139M
$0
$139M
Q2 24
$135M
$0
$135M
Q3 24
$123M
$0
$123M
Q4 24
$111M
$0
$111M
Q1 25
$92M
$0
$92M
Q2 25
$78M
$0
$78M
Q3 25
$66M
$0
$66M
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Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q4 22
31M
+3.3%
Q1 23
35M
+13.2%
Q2 23
36M
+2.2%
Q3 23
36M
+0.3%
Q4 23
37M
+2.6%
Q1 24
42M
+13.8%
Q2 24
44M
+4.6%
Q3 24
44M
+0.4%
Q4 24
44M
+1.8%
Q1 25
45M
+0.8%
Q2 25
45M
+0.3%
Q3 25
46M
+1.8%
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Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 19
—
—
FY 20
—
—
FY 21
$0
39
FY 22
$357K
46
FY 23
$424K
47
FY 24
$41K
46
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