The Tip Desk

Sana Biotechnology, Inc.

Company Stats

Market Cap
$872.6M
as of Sep 30, 2026
Shares Outstanding
299.4M
Free Float
80.7%

Income Statement

Operating Income
-$250.3M
Net Income
-$244.2M
EBITDA
-$237.5M
Non-cash Impairment
$44.6M

Cash Flow

Free Cash Flow
-$144.8M
FCF Yield
-16.6%
Owner FCF Yield
-19.5%

Balance Sheet

Cash & Equivalents
$71.9M

Returns & Capital

SBC, 3Y Avg
$32.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025—-$144.8M—
FY2024—-$256.6M—
FY2023—-$273.6M—
FY2022—-$310.9M—
FY2021—-$280.9M—

Annual filing data through FY ended December 31, 2025; shares and float as of November 4, 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