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Cabaletta Bio, Inc. (CABA) stock

CABANasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 2/30
$1.28−0.05 (-3.76%)

Close on Nov 13, 2026Market cap $217.02MP/E –Yield –

Cabaletta Bio r&d expenses

Research and development expenses are spending on new products and technology.

Cabaletta Bio's R&D Expenses for the twelve months ending Sep 30, 2026 was $165.12M, up 25.1% year over year. For fiscal 2025 it was $142.67M, up 46.8% from the year before. The highest annual figure on record is $142.67M in fiscal 2025.

Annual r&d expenses

PeriodPeriod endValueChange
FY2025Dec 31, 2025$142.67M+46.8%
FY2024Dec 31, 2024$97.20M+75.4%
FY2023Dec 31, 2023$55.42M+41.0%
FY2022Dec 31, 2022$39.30M+20.9%
FY2021Dec 31, 2021$32.49M+52.0%
FY2020Dec 31, 2020$21.38M+83.2%
FY2019Dec 31, 2019$11.67M+161.3%
FY2018Dec 31, 2018$4.47M–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange
Q3 FY2026Sep 30, 2026$47.14M+18.4%
Q2 FY2026Jun 30, 2026$44.43M+18.0%
Q1 FY2026Mar 31, 2026$37.35M+28.7%
Q4 FY2025Dec 31, 2025$36.19M+41.8%
Q3 FY2025Sep 30, 2025$39.82M+51.5%
Q2 FY2025Jun 30, 2025$37.64M+60.7%
Q1 FY2025Mar 31, 2025$29.02M+32.2%
Q4 FY2024Dec 31, 2024$25.53M+46.7%
Q3 FY2024Sep 30, 2024$26.29M+90.7%
Q2 FY2024Jun 30, 2024$23.43M+98.6%
Q1 FY2024Mar 31, 2024$21.95M+76.6%
Q4 FY2023Dec 31, 2023$17.41M+40.4%
Q3 FY2023Sep 30, 2023$13.79M+67.8%
Q2 FY2023Jun 30, 2023$11.80M+24.0%
Q1 FY2023Mar 31, 2023$12.44M+35.6%
Q4 FY2022Dec 31, 2022$12.40M+25.0%
Q3 FY2022Sep 30, 2022$8.22M+0.6%
Q2 FY2022Jun 30, 2022$9.51M+21.2%
Q1 FY2022Mar 31, 2022$9.17M+39.9%
Q4 FY2021Dec 31, 2021$9.92M+71.8%
Q3 FY2021Sep 30, 2021$8.17M+44.6%
Q2 FY2021Jun 30, 2021$7.85M+47.3%
Q1 FY2021Mar 31, 2021$6.56M+41.9%
Q4 FY2020Dec 31, 2020$5.78M+90.8%
Q3 FY2020Sep 30, 2020$5.65M+75.5%
Q2 FY2020Jun 30, 2020$5.33M+100.1%
Q1 FY2020Mar 31, 2020$4.62M+67.3%
Q4 FY2019Dec 31, 2019$3.03M+144.2%
Q3 FY2019Sep 30, 2019$3.22M+24.4%
Q2 FY2019Jun 30, 2019$2.66M–
Q1 FY2019Mar 31, 2019$2.76M–
Q4 FY2018Dec 31, 2018$1.24M–
Q3 FY2018Sep 30, 2018$2.59M–

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