Passage Bio, Inc.

NasdaqCM:PASG Stock Report

Market Cap: US$16.7m

Passage Bio Past Earnings Performance

Past criteria checks 0/6

Passage Bio has been growing earnings at an average annual rate of 27.6%, while the Biotechs industry saw earnings growing at 31.4% annually.

Key information

27.57%

Earnings growth rate

31.37%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth raten/a
Return on equity-320.59%
Net Marginn/a
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Jan 07

Is Passage Bio (NASDAQ:PASG) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Sep 24

Is Passage Bio (NASDAQ:PASG) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Jun 11

Is Passage Bio (NASDAQ:PASG) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Feb 27

We're Keeping An Eye On Passage Bio's (NASDAQ:PASG) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Nov 13

Is Passage Bio (NASDAQ:PASG) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Jun 23

We Think Passage Bio (NASDAQ:PASG) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Nov 13

Is Passage Bio (NASDAQ:PASG) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha Oct 10

Passage appoints William Chou CEO

Genetic medicines company Passage (NASDAQ:PASG) appointed William Chou CEO and a board member, effective immediately. Chou, most recently, served as CEO of the clinical-stage biopharmaceutical company Aruvant Sciences. Chou replaces interim CEO Edgar Cale, who will resign from the post and continue in his role as general counsel and corporate secretary. Also, Maxine Gowen will step down as interim executive chairwoman following a brief transition period and will then continue to serve as chairwoman. Source: Press Release
Seeking Alpha Aug 04

Passage Bio GAAP EPS of -$0.73 beats by $0.09

Passage Bio press release (NASDAQ:PASG): Q2 GAAP EPS of -$0.73 beats by $0.09. Cash, cash equivalents and marketable securities were $239.3M as of June 30, 2022, compared to $267.1M as of March 31, 2022. The company expects current cash and cash equivalents to fund operations into the second quarter of 2024.
Analysis Article Jun 03

We're A Little Worried About Passage Bio's (NASDAQ:PASG) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha Apr 11

Passage Bio: Worth Keeping An Eye On

Not long ago, PASG was awarded a $1.2B enterprise value by the market. Though the company made progress, the vagaries of the market are such that it now trades at a negative enterprise value. I survey the company and its programs to find reasons to monitor its progress with the potential of investing in the future.
Analysis Article Dec 15

Will Passage Bio (NASDAQ:PASG) Spend Its Cash Wisely?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Aug 19

Passage Bio (NASDAQ:PASG) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Mar 08

We're Hopeful That Passage Bio (NASDAQ:PASG) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Feb 01

Do Institutions Own Passage Bio, Inc. (NASDAQ:PASG) Shares?

The big shareholder groups in Passage Bio, Inc. ( NASDAQ:PASG ) have power over the company. Institutions often own...
Analysis Article Dec 28

Need To Know: Passage Bio, Inc. (NASDAQ:PASG) Insiders Have Been Buying Shares

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

Revenue & Expenses Breakdown

How Passage Bio makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:PASG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 260-381920
31 Dec 250-462023
30 Sep 250-452027
30 Jun 250-572332
31 Mar 250-632536
31 Dec 240-652540
30 Sep 240-692743
30 Jun 240-773949
31 Mar 240-844056
31 Dec 230-1024261
30 Sep 230-1124265
30 Jun 230-1123365
31 Mar 230-1283874
31 Dec 220-1364684
30 Sep 220-16056101
30 Jun 220-18060113
31 Mar 220-18963119
31 Dec 210-18560118
30 Sep 210-17353113
30 Jun 210-15546107
31 Mar 210-1343894
31 Dec 200-1123082
30 Sep 200-862464
30 Jun 200-691753
31 Mar 200-561140
31 Dec 190-46730
30 Sep 190-38426

Quality Earnings: PASG is currently unprofitable.

Growing Profit Margin: PASG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PASG is unprofitable, but has reduced losses over the past 5 years at a rate of 27.6% per year.

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

Earnings vs Industry: PASG is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (43%).


Return on Equity

High ROE: PASG has a negative Return on Equity (-320.59%), 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 Analysis2026/05/17 01:53
End of Day Share Price 2026/05/15 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Passage Bio, Inc. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Whitney IjemCanaccord Genuity
Gbolahan Amusa BenzChardan Capital Markets, LLC
Janani SundararajanChardan Capital Markets, LLC