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Companies / Health Care / Bicara Therapeutics Inc.
BCAX

Bicara Therapeutics Inc.

Health CarePharmaceutical Preparations
Ticker BCAXBOSTON, MAFiscal year ends DecemberBook value per share $7.28Diluted shares 64.4M

Bicara Therapeutics Inc. (Nasdaq: BCAX) is a clinical-stage biopharmaceutical company developing bifunctional therapies for solid tumors. Its lead candidate, ficerafusp alfa, combines an EGFR-directed antibody with a TGF-β ligand trap, designed to target tumors while inhibiting immunosuppressive signaling in the tumor… From the company’s description.

In fiscal 2025, Bicara Therapeutics Inc. reported a net loss of $137.95M. Operations used $106.83M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%FY2025
$-137.95MFY2025
−102.9% year over year
Last 12 mo $-185.36M
-34.36%FY2025
−20.5 percentage points
Last 12 mo -39.54%
Cash & financing
$-106.83MFY2025
−42.9% year over year
Last 12 mo $-134.85M
$-107.11MFY2025
−43.2% year over year
Last 12 mo $-135.25M
—
54.7MFY2025
+225.4% year over year
Last 12 mo 64.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bicara Therapeutics Inc. does

In the company’s own words

Bicara Therapeutics Inc. (Nasdaq: BCAX) is a clinical-stage biopharmaceutical company developing bifunctional therapies for solid tumors. Its lead candidate, ficerafusp alfa, combines an EGFR-directed antibody with a TGF-β ligand trap, designed to target tumors while inhibiting immunosuppressive signaling in the tumor microenvironment. The candidate is being studied primarily in head and neck squamous cell carcinoma, including in combination with pembrolizumab in a Phase 2/3 pivotal trial for first-line recurrent or metastatic HPV-negative disease; the company is also evaluating it in colorectal, cutaneous squamous cell and anal squamous cell cancers. Bicara’s development work includes clinical trials and research programs, rather than reportable operating segments. Ficerafusp alfa is licensed from Biocon, and the company collaborates with MSD, which supplies pembrolizumab for combination clinical studies. Its website is https://www.bicaratherapeutics.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
2023658
SIC
2834

Financial performance, year by year

Fiscal 2024–2025 · USD
$-197.10M$-161.89M$-126.68M$-91.47M$-56.26M20242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bicara Therapeutics Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

177
funds hold it
0 of 35
superinvestors hold it
$441.51M
held by funds, at market
24.3%
of shares held by funds

Largest fund holders · Bicara Therapeutics Inc.’s weight in each

T. Rowe Price Small-Cap Stock Fund, Inc.
OTCFX · T. ROWE PRICE SMALL-CAP STOCK FUND, INC.
0.70%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
T. Rowe Price Institutional Small-Cap Stock Fund
TRSSX · T. Rowe Price Equity Funds, Inc.
0.69%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
0.30%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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