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Home›LCTX›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Lineage Cell Therapeutics, Inc. (LCTX) financials

Income statement

Lineage Cell Therapeutics, Inc. (LCTX) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$5.92M$3.46M$4.99M$3.52M$1.83M$4.34M$14.7M$8.95M$9.50M$14.6M
Revenue growth—-41.6%44.2%-29.5%-48.1%137.7%238.7%-39.2%6.2%53.2%
Gross profit$5.57M$3.29M$4.69M$3.10M$1.44M$2.92M$14.0M$8.27M——
Gross margin94.0%95.1%93.9%88.3%78.9%67.2%95.0%92.5%——
Operating income-$59.0M-$38.9M-$41.8M-$38.9M-$26.4M-$49.2M-$22.5M-$24.7M-$21.5M-$36.6M
Operating margin-995.6%-1125.0%-837.9%-1106.0%-1448.4%-1133.6%-153.2%-276.5%-226.1%-251.6%
Net income$33.6M-$20.0M-$46.0M-$11.7M-$20.6M-$43.0M-$26.3M-$21.5M-$18.6M-$63.5M
Net margin566.8%-577.7%-922.0%-333.1%-1130.8%-991.0%-178.7%-240.2%-195.9%-436.5%
EPS (diluted)$0.34-$0.17-$0.36-$0.08-$0.14-$0.26-$0.15-$0.12-$0.09-$0.28

Cash flow

Lineage Cell Therapeutics, Inc. (LCTX) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$42.3M-$30.5M-$30.9M-$31.9M-$19.8M-$23.6M$1.06M-$28.6M-$23.1M-$18.9M
Capital expenditures$2.25M$1.33M$556K$440K$64.0K$340K$413K$674K$565K$522K
Free cash flow-$44.6M-$31.8M-$31.4M-$32.4M-$19.8M-$23.9M$646K-$29.2M-$23.7M-$19.4M

Balance sheet

Lineage Cell Therapeutics, Inc. (LCTX) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$22.1M$36.8M$23.6M$9.50M$32.6M$55.7M$11.4M$35.4M$45.8M$40.8M
Total assets$143M$173M$102M$125M$108M$175M$124M$101M$113M$113M
Total liabilities$12.1M$8.98M$9.41M$14.2M$12.8M$83.6M$51.7M$39.0M$36.2M$69.2M
Shareholders' equity$118M$163M$93.8M$113M$96.2M$92.2M$73.3M$63.4M$78.4M$44.5M
Retained earnings-$196M-$216M-$262M-$273M-$294M-$337M-$363M-$385M-$403M-$467M
Shares (wtd avg diluted)99.6M114M127M150M153M165M170M173M200M230M

Every figure is extracted from Lineage Cell Therapeutics, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Lineage Cell Therapeutics, Inc.'s annual revenue?
Lineage Cell Therapeutics, Inc. (LCTX) reported $14.6M of revenue for fiscal year 2025 — up 53.2% from $9.50M in FY2024, per its annual report filed with the SEC.
Is Lineage Cell Therapeutics, Inc. profitable?
Not in FY2025 — LCTX reported a net loss of $63.5M, per SEC filings.
What is Lineage Cell Therapeutics, Inc.'s free cash flow?
-$19.4M in FY2025 (operating cash flow -$18.9M minus $522K of capital expenditures), from the SEC cash-flow statement.
Does LCTX pay a dividend?
Lineage Cell Therapeutics, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full LCTX analysis — verdict, score & filings →Is LCTX a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.