marketcaparena

PASG

Passage BIO, Inc.

Company overview

Market capitalization
$15.04M
Employees
24
Latest publication
2026-09-29
About Passage BIO, Inc.

Passage Bio, Inc., a genetic medicines company, develops gene therapies for central nervous system diseases. It develops PBFT02, a functional granulin (GRN) and gene encoding progranulin (PGRN) for the treatment of FTD caused by progranulin deficiency; PBGM01, a functional GLB1 gene encoding ß-galactosidase for infantile GM1; and PBKR03, for the treatment of Krabbe disease. The company develops PBML04 for the treatment of metachromatic leukodystrophy; PBAL05 for the treatment of amyotrophic lateral sclerosis; and other programs for huntington's disease. It has a strategic research collaboration with the Trustees of the University of Pennsylvania's Gene Therapy Program; and collaboration agreement, and a development services and clinical supply agreement with Catalent Maryland, Inc. Passage Bio, Inc. was incorporated in 2017 and is based in Philadelphia, Pennsylvania.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Revenue0USD0USD0USD0USD0USD3,212,000USD0USD0USD
Cost Of Revenue129,000USD177,000USD—200,000USD201,000USD719,000USD800,000USD800,000USD
Gross Profit-129,000USD-177,000USD—-200,000USD-201,000USD-719,000USD-800,000USD-800,000USD
Research Development4,093,000USD5,418,000USD4,307,000USD5,814,000USD7,737,000USD9,558,000USD8,656,000USD10,430,000USD
Selling General Administrative4,787,000USD4,922,000USD4,348,000USD4,520,000USD6,085,000USD4,712,000USD7,251,000USD6,510,000USD
Total Operating Expenses8,751,000USD13,848,000USD8,655,000USD10,134,000USD16,459,000USD13,551,000USD20,702,000USD17,378,000USD
Operating Income-8,880,000USD-13,848,000USD-8,655,000USD-10,334,000USD-16,459,000USD-14,270,000USD-20,702,000USD-17,378,000USD
Interest Income300,000USD———700,000USD———
Net Interest Income300,000USD———700,000USD———
Income Before Tax-7,559,000USD-12,983,000USD-7,749,000USD-9,385,000USD-15,405,000USD-12,725,000USD-19,340,000USD-15,991,000USD
Net Income-7,559,000USD-12,983,000USD-7,749,000USD-9,385,000USD-15,405,000USD-12,725,000USD-19,340,000USD-15,991,000USD
Net Income From Continuing Ops-7,559,000USD-12,983,000USD-7,749,000USD-9,385,000USD-15,405,000USD-12,725,000USD-19,340,000USD-15,991,000USD
Ebit-8,880,000USD-10,340,000USD-7,749,000USD-9,385,000USD-13,822,000USD-13,025,000USD-15,907,000USD-16,940,000USD
Ebitda-8,751,000USD-10,163,000USD-7,439,000USD-9,185,000USD-13,621,000USD-12,306,000USD-15,148,000USD-16,143,000USD
Depreciation And Amortization129,000USD177,000USD310,000USD200,000USD201,000USD719,000USD759,000USD797,000USD
Reconciled Depreciation129,000USD177,000USD181,000USD169,000USD201,000USD719,000USD759,000USD797,000USD
Total Other Income Expense Net1,321,000USD865,000USD906,000USD949,000USD1,054,000USD1,545,000USD1,362,000USD1,387,000USD
Unclassified Operating Expenses—3,508,000USD——2,637,000USD—4,795,000USD—
Selling And Marketing Expenses———————800,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Revenue0USD0USD0USD0USD0USD0USD0USD0USD
Cost Of Revenue728,000USD3,081,000USD3,721,000USD3,679,000USD1,543,000USD800,000USD134,000USD—
Gross Profit-728,000USD-3,081,000USD-3,721,000USD-3,679,000USD-1,543,000USD-800,000USD-134,000USD—
Research Development23,276,000USD40,179,000USD59,556,000USD86,053,000USD117,673,000USD82,788,000USD30,238,000USD9,167,000USD
Selling General Administrative19,875,000USD24,988,000USD41,580,000USD49,341,000USD60,056,000USD30,114,000USD6,951,000USD928,000USD
Total Operating Expenses42,423,000USD70,400,000USD96,415,000USD138,394,000USD185,729,000USD112,902,000USD37,189,000USD10,095,000USD
Operating Income-43,151,000USD-70,400,000USD-100,136,000USD-138,394,000USD-185,729,000USD-112,902,000USD-37,189,000USD-13,466,000USD
Income Before Tax-45,522,000USD-64,767,000USD-102,062,000USD-136,125,000USD-185,386,000USD-112,232,000USD-45,634,000USD-12,770,000USD
Net Income-45,522,000USD-64,767,000USD-102,062,000USD-136,125,000USD-185,386,000USD-112,232,000USD-45,634,000USD-12,770,000USD
Net Income From Continuing Ops-45,522,000USD-64,767,000USD-112,375,000USD-136,678,000USD-185,787,000USD-112,232,000USD-45,634,000USD-12,770,000USD
Ebit-43,151,000USD-65,167,000USD-102,062,000USD-135,394,000USD-177,729,000USD-111,902,000USD-36,689,000USD-22,865,000USD
Ebitda-42,423,000USD-62,086,000USD-98,341,000USD-131,715,000USD-176,186,000USD-111,102,000USD-36,555,000USD-7,420,000USD
Depreciation And Amortization728,000USD3,081,000USD3,721,000USD3,679,000USD1,543,000USD800,000USD134,000USD10,095,000USD
Reconciled Depreciation728,000USD3,081,000USD3,860,000USD3,679,000USD1,543,000USD800,000USD134,000USD0USD
Total Other Income Expense Net-2,371,000USD5,633,000USD-1,926,000USD2,269,000USD343,000USD670,000USD-8,445,000USD696,000USD
Unclassified Operating Expenses—5,233,000USD-4,721,000USD3,000,000USD8,000,000USD———
Income Tax Expense—-1USD5,390,000USD731,000USD6,114,000USD-470,000USD8,945,000USD-696,000USD
Interest Income———2,269,000USD343,000USD670,000USD696,000USD0USD
Interest Expense———2,269,000USD343,000USD670,000USD8,445,000USD696,000USD
Net Interest Income———2,269,000USD343,000USD670,000USD696,000USD0USD
Non Operating Income Net Other———1,716,000USD-58,000USD670,000USD——
Net Income Applicable To Common Shares———-136,125,000USD-185,386,000USD-112,232,000USD-45,634,000USD-12,770,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Assets36,462,000USD62,281,000USD74,160,000USD79,198,000USD86,006,000USD102,412,000USD111,752,000USD125,392,000USD
Other Current Assets1,405,000USD1,459,000USD2,957,000USD2,689,000USD3,312,000USD2,059,000USD2,390,000USD3,227,000USD
Total Liab24,710,000USD43,526,000USD43,040,000USD40,940,000USD39,300,000USD41,151,000USD39,036,000USD34,835,000USD
Total Stockholder Equity11,752,000USD18,755,000USD31,120,000USD38,258,000USD46,706,000USD61,261,000USD72,716,000USD90,557,000USD
Other Current Liab17,645,000USD18,403,000USD17,751,000USD13,814,000USD12,726,000USD14,933,000USD11,729,000USD8,063,000USD
Capital Stock0USD0USD0USD0USD6,000USD6,000USD6,000USD6,000USD
Retained Earnings-712,316,000USD-704,757,000USD-691,774,000USD-684,025,000USD-674,640,000USD-659,235,000USD-646,510,000USD-627,170,000USD
Cash33,336,000USD46,303,000USD52,773,000USD57,626,000USD63,357,000USD37,573,000USD32,292,000USD24,770,000USD
Cash And Short Term Investments33,336,000USD46,303,000USD52,773,000USD57,626,000USD63,357,000USD76,756,000USD84,826,000USD91,773,000USD
Total Current Assets34,741,000USD47,762,000USD55,730,000USD60,315,000USD66,669,000USD78,815,000USD87,216,000USD95,000,000USD
Total Current Liabilities20,104,000USD23,083,000USD22,245,000USD19,801,000USD17,825,000USD19,363,000USD16,951,000USD12,385,000USD
Net Debt-27,581,000USD-22,293,000USD-28,436,000USD-32,895,000USD-38,241,000USD-12,097,000USD-6,474,000USD1,381,000USD
Short Term Debt1,149,000USD3,567,000USD3,542,000USD3,592,000USD3,641,000USD3,688,000USD3,733,000USD3,701,000USD
Short Long Term Debt Total5,755,000USD24,010,000USD24,337,000USD24,731,000USD25,116,000USD25,476,000USD25,818,000USD26,151,000USD
Accounts Payable1,310,000USD1,113,000USD952,000USD2,395,000USD1,458,000USD742,000USD1,489,000USD621,000USD
Property Plant Equipment Net1,477,000USD14,275,000USD18,160,000USD18,613,000USD19,063,000USD23,134,000USD24,073,000USD29,876,000USD
Property Plant Equipment Gross3,535,000USD18,192,000USD21,901,000USD22,173,000USD22,440,000USD32,858,000USD33,079,000USD38,714,000USD
Common Stock Shares Outstanding3,205,866shares3,172,870shares3,168,933shares3,168,933shares3,105,500shares3,103,100shares3,088,150shares3,084,100shares
Non Current Assets Total1,721,000USD14,519,000USD18,430,000USD18,883,000USD19,337,000USD23,597,000USD24,536,000USD30,392,000USD
Non Current Liabilities Total4,606,000USD20,443,000USD20,795,000USD21,139,000USD21,475,000USD21,788,000USD22,085,000USD22,450,000USD
Non Currrent Assets Other244,000USD244,000USD270,000USD270,000USD274,000USD463,000USD463,000USD516,000USD
Net Working Capital14,637,000USD24,679,000USD33,485,000USD40,514,000USD48,844,000USD59,452,000USD70,265,000USD82,615,000USD
Unclassified Non Current Liabilities4,606,000USD20,443,000USD20,795,000USD21,139,000USD21,475,000USD21,788,000USD22,085,000USD22,450,000USD
Unclassified Equity724,068,000USD723,512,000USD722,894,000USD722,283,000USD721,334,000USD720,476,000USD719,182,000USD717,782,000USD
Short Term Investments—0USD0USD0USD0USD39,183,000USD52,534,000USD67,003,000USD
Common Stock————6,000USD6,000USD6,000USD6,000USD
Accumulated Other Comprehensive Income—————8,000USD32,000USD-67,000USD
Other Assets———————1USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Assets62,281,000USD102,412,000USD150,545,000USD243,549,000USD355,076,000USD328,007,000USD178,613,000USD33,461,000USD
Other Current Assets1,459,000USD2,059,000USD3,665,000USD7,434,000USD9,293,000USD12,366,000USD6,901,000USD8,538,000USD
Total Liab43,526,000USD41,151,000USD39,262,000USD42,183,000USD36,419,000USD23,293,000USD4,261,000USD45,634,000USD
Total Stockholder Equity18,755,000USD61,261,000USD111,283,000USD201,366,000USD318,657,000USD304,714,000USD174,352,000USD-12,173,000USD
Other Current Liab18,403,000USD14,933,000USD11,670,000USD11,011,000USD20,050,000USD15,910,000USD3,052,000USD95,000USD
Capital Stock0USD6,000USD5,000USD5,000USD5,000USD4,000USD3,000USD0USD
Retained Earnings-704,757,000USD-659,235,000USD-594,468,000USD-492,406,000USD-356,281,000USD-170,895,000USD-58,663,000USD-13,029,000USD
Cash46,303,000USD37,573,000USD21,709,000USD34,601,000USD128,965,000USD135,002,000USD158,874,000USD24,861,000USD
Cash And Short Term Investments46,303,000USD76,756,000USD114,294,000USD189,610,000USD315,773,000USD304,817,000USD158,874,000USD24,861,000USD
Total Current Assets47,762,000USD78,815,000USD117,959,000USD197,044,000USD325,066,000USD317,183,000USD165,775,000USD33,399,000USD
Total Current Liabilities23,083,000USD19,363,000USD16,341,000USD18,351,000USD29,498,000USD21,175,000USD3,681,000USD307,000USD
Net Debt-22,293,000USD-12,097,000USD4,585,000USD-7,494,000USD-128,965,000USD-135,002,000USD-158,874,000USD-24,861,000USD
Short Term Debt3,567,000USD3,688,000USD3,373,000USD3,275,000USD————
Short Long Term Debt Total24,010,000USD25,476,000USD26,294,000USD27,107,000USD————
Short Term Investments0USD39,183,000USD92,585,000USD155,009,000USD186,808,000USD169,815,000USD——
Accounts Payable1,113,000USD742,000USD1,298,000USD4,065,000USD9,448,000USD5,265,000USD629,000USD212,000USD
Property Plant Equipment Net14,275,000USD23,134,000USD32,153,000USD42,238,000USD23,806,000USD2,795,000USD1,087,000USD28,000USD
Property Plant Equipment Gross18,192,000USD32,858,000USD39,389,000USD22,515,000USD23,806,000USD2,795,000USD1,087,000USD28,000USD
Common Stock Shares Outstanding3,172,870shares3,020,250shares2,737,150shares2,721,451shares2,667,200shares2,280,750shares1,198,150shares1,198,150shares
Non Current Assets Total14,519,000USD23,597,000USD32,586,000USD46,505,000USD30,010,000USD8,029,000USD12,838,000USD62,000USD
Non Current Liabilities Total20,443,000USD21,788,000USD22,921,000USD23,832,000USD6,921,000USD2,118,000USD580,000USD45,327,000USD
Non Currrent Assets Other244,000USD463,000USD433,000USD4,267,000USD6,204,000USD5,234,000USD11,751,000USD34,000USD
Net Working Capital24,679,000USD59,452,000USD101,618,000USD178,693,000USD295,568,000USD296,008,000USD162,094,000USD33,092,000USD
Unclassified Non Current Liabilities20,443,000USD21,788,000USD22,921,000USD23,832,000USD——-1,776,000USD43,118,000USD
Unclassified Equity723,512,000USD720,476,000USD705,784,000USD694,728,000USD675,341,000USD475,613,000USD233,239,605USD—
Common Stock—6,000USD5,000USD5,000USD5,000USD4,000USD3,000USD2,000USD
Accumulated Other Comprehensive Income—8,000USD-43,000USD-966,000USD-413,000USD-12,000USD-230,605USD0USD
Other Assets——1USD4,267,000USD0USD2,795,000USD11,751,000USD34,000USD
Net Receivables———4,267,000USD6,204,000USD8,029,000USD——
Net Tangible Assets———201,366,000USD318,657,000USD304,714,000USD-56,253,000USD-12,173,000USD
Unclassified Current Assets———-4,267,000USD-6,204,000USD-8,029,000USD——
Unclassified Non Current Assets———-4,267,000USD—-2,795,000USD-11,751,000USD—
Other Liab————6,921,000USD2,118,000USD580,000USD2,209,000USD
Deferred Long Term Liab—————200,000USD1,700,000USD—
Non Current Liabilities Other—————41,000USD76,000USD—
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income-7,559,000USD-12,983,000USD-7,749,000USD-9,385,000USD-15,405,000USD-12,725,000USD-19,340,000USD-15,991,000USD
Depreciation129,000USD177,000USD200,000USD169,000USD201,000USD719,000USD759,000USD797,000USD
Stock Based Compensation556,000USD609,000USD611,000USD923,000USD858,000USD1,247,000USD1,400,000USD1,578,000USD
Other Non Cash Items-77,000USD-507,000USD592,000USD14,000USD2,766,000USD-365,000USD4,374,000USD141,000USD
Change In Working Capital-5,480,000USD6,225,000USD2,104,000USD1,949,000USD-2,267,000USD2,680,000USD5,360,000USD339,000USD
Total Cash From Operating Activities-12,987,000USD-6,479,000USD-4,853,000USD-6,330,000USD-13,847,000USD-8,444,000USD-7,447,000USD-13,136,000USD
Capital Expenditures0USD0USD0USD0USD0USD-14,000USD-20,000USD0USD
Free Cash Flow-12,987,000USD-6,479,000USD-4,853,000USD-6,330,000USD-13,847,000USD-8,458,000USD-7,467,000USD-13,136,000USD
Investments0USD0USD0USD585,000USD39,631,000USD13,678,000USD14,969,000USD1,048,000USD
Total Cashflows From Investing Activities20,000USD1,170,000USD—585,000USD39,631,000USD13,678,000USD14,969,000USD1,048,000USD
Change In Cash-12,967,000USD-6,470,000USD-4,853,000USD-5,731,000USD25,784,000USD5,281,000USD7,522,000USD-12,003,000USD
Begin Period Cash Flow46,303,000USD52,773,000USD57,626,000USD63,357,000USD37,573,000USD32,292,000USD24,770,000USD36,773,000USD
End Period Cash Flow33,336,000USD46,303,000USD52,773,000USD57,626,000USD63,357,000USD37,573,000USD32,292,000USD24,770,000USD
Total Cash From Financing Activities—9,000USD0USD14,000USD0USD47,000USD0USD85,000USD
Sale Purchase Of Stock—9,000USD—14,000USD—47,000USD50,000USD—
Issuance Of Capital Stock—0USD0USD0USD0USD0USD0USD50,000USD
Other Cashflows From Financing Activities—9,000USD———8,839,000USD14,969,000USD35,000USD
Unclassified Investing Cash Flow—1,170,000USD——————
Other Cashflows From Investing Activities————585,000USD———
Unclassified Financing Cash Flow—————-8,839,000USD-15,019,000USD—
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Net Income-45,522,000USD-64,767,000USD-102,062,000USD-136,125,000USD-185,386,000USD-112,232,000USD-45,634,000USD-12,770,000USD
Depreciation857,000USD3,081,000USD3,721,000USD3,679,000USD1,543,000USD800,000USD134,000USD134,000USD
Stock Based Compensation3,001,000USD5,820,000USD10,921,000USD18,954,000USD32,691,000USD14,580,000USD1,454,000USD—
Other Non Cash Items6,159,000USD3,706,000USD3,817,000USD3,773,000USD10,075,000USD1,259,000USD10,093,000USD2,727,000USD
Change In Working Capital3,996,000USD4,204,000USD5,339,000USD-8,491,000USD11,420,000USD14,440,000USD-5,943,000USD-8,524,000USD
Total Cash From Operating Activities-31,509,000USD-47,956,000USD-78,264,000USD-118,210,000USD-126,879,000USD-80,520,000USD-39,896,000USD-18,567,000USD
Capital Expenditures0USD-34,000USD-146,000USD-5,274,000USD-25,642,000USD-1,646,000USD-1,693,000USD-2,543,000USD
Free Cash Flow-31,509,000USD-47,990,000USD-78,410,000USD-123,484,000USD-152,521,000USD-82,166,000USD-41,589,000USD-21,110,000USD
Investments39,046,000USD54,946,000USD54,279,000USD30,473,000USD-20,172,000USD-170,460,000USD-170,460,000USD-2,543,000USD
Total Cashflows From Investing Activities40,216,000USD54,946,000USD65,237,000USD25,199,000USD-45,814,000USD-172,106,000USD-1,693,000USD-2,543,000USD
Total Cash From Financing Activities23,000USD8,874,000USD135,000USD-1,353,000USD166,656,000USD228,754,000USD175,602,000USD45,971,000USD
Sale Purchase Of Stock23,000USD97,000USD135,000USD304,000USD887,000USD284,000USD——
Issuance Of Capital Stock0USD8,742,000USD150,000USD626,000USD165,806,000USD228,262,000USD176,189,000USD45,971,000USD
Change In Cash8,730,000USD15,864,000USD-12,892,000USD-94,364,000USD-6,037,000USD-23,872,000USD134,013,000USD24,861,000USD
Begin Period Cash Flow37,573,000USD21,709,000USD34,601,000USD128,965,000USD135,002,000USD158,874,000USD24,861,000USD0USD
End Period Cash Flow46,303,000USD37,573,000USD21,709,000USD34,601,000USD128,965,000USD135,002,000USD158,874,000USD24,861,000USD
Other Cashflows From Investing Activities1,170,000USD—-1USD-3,000,000USD-8,000,000USD-500,000USD-500,000USD-2,515USD
Other Cashflows From Financing Activities23,000USD132,000USD65,237,000USD-1,786,000USD-37,000USD284,000USD175,602,000USD45,971,000USD
Unclassified Financing Cash Flow—8,645,000USD-65,237,000USD—165,806,000USD228,186,000USD-176,189,000USD-45,971,000USD
Unclassified Investing Cash Flow——11,104,001USD3,000,000USD8,000,000USD—170,960,000USD2,545,515USD
Change To Liabilities———-12,750,000USD6,184,000USD16,785,000USD398,000USD212,000USD
Cash And Cash Equivalents Changes———-94,364,000USD-6,037,000USD-23,872,000USD——
Unclassified Operating Cash Flow————2,778,000USD———
Change To Account Receivables——————398,000USD212,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

No revenue breakdown is currently published for this company.

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.