The Tip Desk

Humacyte, Inc.

Company Stats

Market Cap
$143.8M
as of Sep 30, 2026
Shares Outstanding
277.8M
Free Float
84.4%

Income Statement

Revenue
$2.0M
Operating Income
-$108.1M
Net Income
-$40.8M
EBITDA
-$102.8M

Cash Flow

Free Cash Flow
-$105.9M
FCF Yield
-73.7%
Owner FCF Yield
-80.4%

Balance Sheet

Cash & Equivalents
$50.5M

Returns & Capital

SBC, 3Y Avg
$7.6M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$2.0M-$105.9M-5197.5%
FY2024$0-$99.7M—
FY2023—-$75.6M—
FY2022—-$72.2M—
FY2021—-$81.4M—

Annual filing data through FY ended December 31, 2025; shares and float as of October 14, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage