Bicara Therapeutics Inc.

NasdaqGM:BCAX Stock Report

Market Cap: US$2.0b

Bicara Therapeutics Past Earnings Performance

Past criteria checks 0/6

Bicara Therapeutics's earnings have been declining at an average annual rate of -43.5%, while the Biotechs industry saw earnings growing at 36.2% annually.

Key information

-43.50%

Earnings growth rate

104.27%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth raten/a
Return on equity-30.61%
Net Marginn/a
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

New Narrative Apr 16

Phase III Progress In Head And Neck Cancer Will Reshape Long Term Outlook

Catalysts About Bicara Therapeutics Bicara Therapeutics is a clinical stage biotech company developing bifunctional antibodies for targeted tumor modulation, with a focus on its lead asset FICERA in HPV negative head and neck cancer. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 02

Pivotal Head And Neck Cancer Trial Will Reshape Prospects For This Bifunctional Antibody Developer

Catalysts About Bicara Therapeutics Bicara Therapeutics is a clinical stage biotech company focused on bifunctional antibodies for targeted tumor modulation, led by its FICERA program in HPV negative head and neck cancer. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Mar 31

Bicara: Maintaining 'Buy' Rating On Ficerafusp Alfa Phase 3 Advancement

Summary Bicara Therapeutics Inc. maintains a Buy rating, driven by progress in its pivotal phase 3 FORTIFI-HN01 study for 1st-line R/M HPV-negative HNSCC. BCAX's ficerafusp alfa plus KEYTRUDA achieved a 12-month OS of 61% and a confirmed ORR of 54% in phase 1/1b, supporting continued development. Key upcoming catalysts for BCAX include phase 3 interim data in mid-2027 and long-term phase 1b follow-up at ASCO 2026, with near-full enrollment expected by year-end. BCAX is well-capitalized, with more than $414.8M in cash and funding runway into H1 2029, but faces competitive risk from Genmab’s petosemtamab and trial readouts. Read the full article on Seeking Alpha
Analysis Article Jul 15

We're Not Very Worried About Bicara Therapeutics' (NASDAQ:BCAX) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha Apr 19

Bicara: Innovative Precision Tumor Targeting

Summary Bicara Therapeutics' lead candidate, ficerafusp alfa, targets EGFR and TGF-beta in tumors, showing promise in hard-to-treat cancers like Head and Neck Squamous Cell Carcinoma. Bicara's financial health is robust, with $489.7 million in cash, ensuring operations through mid-2029, bolstered by a successful IPO and Series C funding. Early clinical data for ficerafusp alfa plus pembrolizumab in HPV-negative HNSCC shows significant antitumor activity and manageable safety, supporting its potential market impact. Bicara's pivotal Phase 2/3 trial could establish ficerafusp alfa as a new standard of care, with a potential market revenue of $1.3 billion annually. Read the full article on Seeking Alpha
Analysis Article Mar 13

We Think Bicara Therapeutics (NASDAQ:BCAX) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha Feb 02

Bicara Therapeutics: A Decline Off The IPO Spells 'Wait' For Me

Summary Bicara Therapeutics is a new biotech firm focusing on innovative cancer treatments, currently advancing its lead candidate, ficerafusp alfa, targeting challenging cancers like HNSCC. BCAX's financial health is strong, with sufficient capital to fund operations for about four years, but relies heavily on the success of ficerafusp alfa. Early trial results for ficerafusp alfa show promise, particularly in HPV-negative HNSCC, but the lack of diverse pipeline and early-stage data pose significant risks. Given the long wait for potential approval and high volatility, BCAX is a speculative investment better suited for patient, risk-tolerant investors, and I would personally watch for a favorable entry point. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Bicara Therapeutics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:BCAX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 260-15736138
31 Dec 250-13831125
30 Sep 250-12229112
30 Jun 250-1032695
31 Mar 250-922386
31 Dec 240-681964
30 Sep 240-591554
30 Jun 240-651345
31 Mar 240-561136
31 Dec 230-52931

Quality Earnings: BCAX is currently unprofitable.

Growing Profit Margin: BCAX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BCAX is unprofitable, and losses have increased over the past 5 years at a rate of 43.5% per year.

Accelerating Growth: Unable to compare BCAX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BCAX is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (54.5%).


Return on Equity

High ROE: BCAX has a negative Return on Equity (-30.61%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 05:22
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bicara Therapeutics Inc. is covered by 16 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tazeen AhmadBofA Global Research
Suranjit MukherjeeBTIG
Eric SchmidtCantor Fitzgerald & Co.