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Crescent Biopharma, Inc.. (CBIO) Fundamental Analysis & AI Grade 2026

CBIO Nasdaq Pharmaceutical Preparations E9 CIK: 0001253689
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
70% Confidence
AGREEMENT
C
65% Conf
B
76% Conf

📊 CBIO Key Takeaways

Revenue: $1.0M
Net Margin: -2,240.9%
Free Cash Flow: $-9.1M
Current Ratio: 13.78x
Debt/Equity: 0.00x
EPS: $-0.59
AI Grade: C with 65% confidence
Crescent Biopharma, Inc.. (CBIO) receives a C fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.0M, net profit margin of -2,240.9%, and return on equity (ROE) of -12.7%, Crescent Biopharma, Inc.. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete CBIO stock analysis for 2026.

Is Crescent Biopharma, Inc.. (CBIO) a Good Investment?

Claude

Crescent BioPharma exhibits classic early-stage biotech characteristics with a fortress balance sheet ($189.2M cash, zero debt) but faces severe operational challenges: $1.0M revenue against $24.7M operating losses and negative free cash flow of $9.1M indicates an unsustainable burn rate. While the strong liquidity provides runway, the company must achieve meaningful revenue growth and cost control to justify continued cash burn absent compelling pipeline visibility.

ChatGPT

Crescent Biopharma has a very strong balance sheet, with $213.19M of cash, no meaningful debt, and solid liquidity, which provides substantial near-term operating flexibility. However, the business remains deeply unprofitable, with very large operating and free cash flow losses, and the revenue jump does not yet translate into durable earnings quality. Fundamentally, this looks like a well-funded but still highly speculative biotech profile where cash runway and execution matter more than current income statement strength.

Crescent Biopharma, Inc.. Key Strengths (CBIO)

Claude
  • + Exceptional cash position of $189.2M with minimal liabilities ($15.3M)
  • + Zero long-term debt and fortress balance sheet (13.78x current ratio)
  • + Strong stockholders' equity of $183.8M provides substantial financial cushion
  • + Recent revenue generation of $1.0M suggests product commercialization beginning
ChatGPT
  • + Very strong liquidity, with cash representing the large majority of total assets and current and quick ratios at 6.56x
  • + Debt-free capital structure reduces financial risk and gives management flexibility to fund development
  • + Net loss improved year over year and revenue increased sharply, indicating some operational progress or milestone-related inflows

CBIO Stock Risks: Crescent Biopharma, Inc.. Investment Risks

Claude
  • ! Unsustainable cash burn rate of $8.9M annually against only $1.0M revenue
  • ! Extreme negative operating margins (-2380%) and net margins (-2240%)
  • ! Negative free cash flow of $9.1M despite massive cash reserves
  • ! No detail on product pipeline, stage of clinical development, or path to profitability
  • ! Zero insider trading activity in last 90 days suggests limited management conviction
ChatGPT
  • ! Profitability remains extremely weak, with operating margin of -1407.5% and net margin of -1419.6%
  • ! Free cash flow is deeply negative at -$72.45M, implying continued dependence on existing cash reserves or future capital raises
  • ! Revenue quality is uncertain because a sharp spike in a biotech can be non-recurring and is not yet supported by sustainable earnings power

Key Metrics to Watch

Claude
  • * Quarterly revenue growth trajectory and product adoption rates
  • * Operating cash flow trend and burn rate reduction
  • * Operating expense management and path to positive operating income
  • * Cash runway depletion rate relative to revenue acceleration
ChatGPT
  • * Quarterly operating cash burn relative to cash balance
  • * Revenue durability and trend in operating loss as programs advance

Crescent Biopharma, Inc.. (CBIO) Financial Metrics & Key Ratios

Revenue
$1.0M
Net Income
$-23.3M
EPS (Diluted)
$-0.59
Free Cash Flow
$-9.1M
Total Assets
$199.1M
Cash Position
$189.2M

💡 AI Analyst Insight

Strong liquidity with a 13.78x current ratio provides a solid financial cushion.

CBIO Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -2,380.1%
Net Margin -2,240.9%
ROE -12.7%
ROA -11.7%
FCF Margin -874.3%

CBIO vs Healthcare Sector: How Crescent Biopharma, Inc.. Compares

How Crescent Biopharma, Inc.. compares to Healthcare sector averages

Net Margin
CBIO -2,240.9%
vs
Sector Avg 12.0%
CBIO Sector
ROE
CBIO -12.7%
vs
Sector Avg 15.0%
CBIO Sector
Current Ratio
CBIO 13.8x
vs
Sector Avg 2.0x
CBIO Sector
Debt/Equity
CBIO 0.0x
vs
Sector Avg 0.6x
CBIO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Crescent Biopharma, Inc.. Stock Overvalued? CBIO Valuation Analysis 2026

Based on fundamental analysis, Crescent Biopharma, Inc.. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-12.7%
Sector avg: 15%
Net Profit Margin
-2,240.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Crescent Biopharma, Inc.. Balance Sheet: CBIO Debt, Cash & Liquidity

Current Ratio
13.78x
Quick Ratio
13.78x
Debt/Equity
0.00x
Debt/Assets
7.7%
Interest Coverage
N/A
Long-term Debt
N/A

CBIO Revenue & Earnings Growth: 5-Year Financial Trend

CBIO 5-year financial data: Year 2025: Revenue $10.8M, Net Income -$17.9M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Crescent Biopharma, Inc..'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.58 indicates the company is currently unprofitable.

CBIO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-874.3%
Free cash flow / Revenue

CBIO Quarterly Earnings & Performance

Quarterly financial performance data for Crescent Biopharma, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 N/A -$15.1M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Crescent Biopharma, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.9M
Cash generated from operations
Capital Expenditures
$147.0K
Investment in assets
Dividends
None
No dividend program

CBIO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Crescent Biopharma, Inc.. (CIK: 0001253689)

📋 Recent SEC Filings

Date Form Document Action
Jun 3, 2026 4 xslF345X06/wk-form4_1780530511.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780530489.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780530467.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780530428.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780530395.xml View →

Frequently Asked Questions about CBIO

What is the AI rating for CBIO?

Crescent Biopharma, Inc.. (CBIO) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CBIO's key strengths?

Claude: Exceptional cash position of $189.2M with minimal liabilities ($15.3M). Zero long-term debt and fortress balance sheet (13.78x current ratio). ChatGPT: Very strong liquidity, with cash representing the large majority of total assets and current and quick ratios at 6.56x. Debt-free capital structure reduces financial risk and gives management flexibility to fund development.

What are the risks of investing in CBIO?

Claude: Unsustainable cash burn rate of $8.9M annually against only $1.0M revenue. Extreme negative operating margins (-2380%) and net margins (-2240%). ChatGPT: Profitability remains extremely weak, with operating margin of -1407.5% and net margin of -1419.6%. Free cash flow is deeply negative at -$72.45M, implying continued dependence on existing cash reserves or future capital raises.

What is CBIO's revenue and growth?

Crescent Biopharma, Inc.. reported revenue of $1.0M.

Does CBIO pay dividends?

Crescent Biopharma, Inc.. does not currently pay dividends.

Where can I find CBIO SEC filings?

Official SEC filings for Crescent Biopharma, Inc.. (CIK: 0001253689) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CBIO's EPS?

Crescent Biopharma, Inc.. has a diluted EPS of $-0.59.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CBIO's fundamental grade?

Based on our AI fundamental analysis in June 2026, Crescent Biopharma, Inc.. has a C grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CBIO stock overvalued or undervalued?

Valuation metrics for CBIO: ROE of -12.7% (sector avg: 15%), net margin of -2,240.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CBIO's AI grade for 2026?

Our dual AI analysis gives Crescent Biopharma, Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CBIO's free cash flow?

Crescent Biopharma, Inc..'s operating cash flow is $-8.9M, with capital expenditures of $147.0K. FCF margin is -874.3%.

How does CBIO compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -2,240.9% (avg: 12%), ROE -12.7% (avg: 15%), current ratio 13.78 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI