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Stocks · Health care · Pharmaceutical Preparations

MUSTANG BIO, INC.

MBIO Clue Score31
United States Fiscal year ends December CIK 0001680048
$0.40 -4.05% Close, 9 Oct 2026
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Price $0.40 −82.68% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 22 Aug 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Operating incomeNet income
Fiscal year 2016Operating income−11.4Net income−12.7Fiscal year 2017Operating income−31.8Net income−31.3Fiscal year 2018Operating income−31.2Net income−30.7Fiscal year 2019Operating income−45.9Net income−46.4Fiscal year 2020Operating income−56.8Net income−60.0Fiscal year 2021Operating income−66.7Net income−66.4EPS, diluted−0.76Fiscal year 2022Operating income−76.2Net income−77.5EPS, diluted−10.09Fiscal year 2023Operating income−49.3Net income−51.6EPS, diluted−299.95Fiscal year 2024Operating income−16.2Net income−15.8EPS, diluted−38.57Fiscal year 2025Operating income−2.4Net income−1.9EPS, diluted−0.39
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating income −11.4 −31.8 −31.2 −45.9 −56.8 −66.7 −76.2 −49.3 −16.2 −2.4
Net income −12.7 −31.3 −30.7 −46.4 −60.0 −66.4 −77.5 −51.6 −15.8 −1.9
Growth
EPS, diluted n/a n/a n/a n/a n/a −0.76 −10.09 −299.95 −38.57 −0.39

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−4.1Fiscal year 2017Operating cash flow−12.9Capital expenditure−0.4Free cash flow−13.4Fiscal year 2018Operating cash flow−19.2Capital expenditure−6.9Free cash flow−26.1Fiscal year 2019Operating cash flow−33.6Capital expenditure−2.3Free cash flow−35.9Fiscal year 2020Operating cash flow−37.3Capital expenditure−1.9Free cash flow−39.2Fiscal year 2021Operating cash flow−53.7Capital expenditure−4.0Free cash flow−57.7Fiscal year 2022Operating cash flow−65.1Capital expenditure−2.7Free cash flow−67.8Fiscal year 2023Operating cash flow−49.5Capital expenditure−0.1Free cash flow−49.5Fiscal year 2024Operating cash flow−11.4Capital expenditure0.0Free cash flow−11.4Fiscal year 2025Operating cash flow−5.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −4.1 −12.9 −19.2 −33.6 −37.3 −53.7 −65.1 −49.5 −11.4 −5.3
Capital expenditure n/a −0.4 −6.9 −2.3 −1.9 −4.0 −2.7 −0.1 0.0 n/a
Free cash flow n/a −13.4 −26.1 −35.9 −39.2 −57.7 −67.8 −49.5 −11.4 n/a
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash27.5Shareholders’ equity24.3Fiscal year 2017Cash35.5Shareholders’ equity59.8Fiscal year 2018Cash16.5Shareholders’ equity36.4Fiscal year 2019Cash61.4Shareholders’ equity51.7Fiscal year 2020Cash97.8Shareholders’ equity98.4Fiscal year 2021Cash109.6Shareholders’ equity112.4Fiscal year 2022Cash75.7Shareholders’ equity46.3Fiscal year 2023Cash6.2Shareholders’ equity0.1Fiscal year 2024Cash6.8Shareholders’ equity−3.9Fiscal year 2025Cash17.3Shareholders’ equity9.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 27.5 35.5 16.5 61.4 97.8 109.6 75.7 6.2 6.8 17.3
Shareholders’ equity 24.3 59.8 36.4 51.7 98.4 112.4 46.3 0.1 −3.9 9.5

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022† 31 Dec 2022 FY2023† 31 Dec 2023 FY2024† 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
2.0 0.1 2.1 n/a n/a n/a n/a n/a n/a n/a
2.8 11.4 6.8 9.6 9.5 11.0 12.2 9.7 4.1 3.9
−11.4 −31.8 −31.2 −45.9 −56.8 −66.7 −76.2 −49.3 −16.2 −2.4
Growth
n/a n/a n/a n/a n/a n/a n/a n/a −15.8 −1.9
n/a n/a n/a n/a n/a n/a n/a n/a n/a 0.0
−12.7 −31.3 −30.7 −46.4 −60.0 −66.4 −77.5 −51.6 −15.8 −1.9
Growth
Per share
n/a n/a n/a n/a n/a −0.76 −10.09 −299.95 −38.57 −0.39
n/a n/a n/a n/a n/a −0.76 −10.09 −299.95 −38.57 −0.39
Growth
n/a n/a n/a n/a n/a 87.9 7.7 0.2 0.6 4.9
n/a n/a n/a n/a n/a 87.9 7.7 0.2 0.6 4.9
Growth −91.3% −97.8% +254.4% +705.0%

† The diluted share count jumps at 2022 and 2023 and 2024 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 10 of 10 years on file.