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Companies / Healthcare / FATE THERAPEUTICS INC
FATE

FATE THERAPEUTICS INC

HealthcareBiological Products
Ticker FATESAN DIEGO, CAFiscal year ends DecemberBook value per share $1.28Diluted shares 120.2M

Fate Therapeutics, Inc. (NASDAQ: FATE) is a clinical-stage biopharmaceutical company dedicated to developing off-the-shelf cellular immunotherapies for patients with autoimmune diseases and cancer. The company's website is www.fatetherapeutics.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$6.65M
−51.2% year over year
Last 12 mo $6.49M
-2222.45%
−679.8 percentage points
Last 12 mo -2058.08%
$-136.31M
+26.8% year over year
Last 12 mo $-126.00M
-65.79%
−7.4 percentage points
Last 12 mo -82.12%
Cash & financing
$-106.08M
+13.7% year over year
Last 12 mo $-101.94M
$-112.04M
+9.4% year over year
Last 12 mo $-105.66M
—
118.8M
+4.5% year over year
Last 12 mo 120.2M

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 FATE THERAPEUTICS INC does

In the company’s own words

Fate Therapeutics, Inc. (NASDAQ: FATE) is a clinical-stage biopharmaceutical company dedicated to developing off-the-shelf cellular immunotherapies for patients with autoimmune diseases and cancer. The company's website is www.fatetherapeutics.com.

The company has pioneered a proprietary therapeutic approach called cellular programming, which utilizes induced pluripotent stem cells (iPSCs) to create engineered, uniform cell therapies. Unlike traditional autologous cell therapies that require patient-specific manufacturing, Fate's iPSC-derived product candidates can be mass-produced from clonal master cell lines, stored in inventory, and administered off-the-shelf to patients. This approach addresses significant limitations in existing cell therapy manufacturing, including batch-to-batch variability, complex logistics, and limited scalability.

Fate operates a 40,000-square-foot fully integrated Good Manufacturing Practice facility designed to support clinical development and initial commercialization of its product candidates. The company's intellectual property portfolio includes over 600 issued patents and 550 pending patent applications related to its iPSC platform technology.

The company's pipeline consists of multiple iPSC-derived chimeric antigen receptor T-cell and natural killer cell product candidates. FT819, its lead program, is an off-the-shelf CD19-targeted CAR T-cell candidate currently undergoing Phase 1 clinical investigation for moderate-to-severe systemic lupus erythematosus and other B cell-mediated autoimmune diseases. FT819 received regenerative medicine advanced therapy designation from the FDA in April 2025. FT825 represents the company's first solid tumor program, developed in collaboration with Ono Pharmaceutical, incorporating seven novel synthetic controls designed to overcome challenges limiting CAR T-cell efficacy in solid tumors. FT836 and FT839 are next-generation CAR T-cell programs incorporating the company's proprietary Alloimmune Defense Receptor and Sword & Shield technologies, designed to reduce or eliminate the need for intense conditioning chemotherapy.

Fate's strategy focuses on establishing therapeutic differentiation in autoimmune diseases while expanding clinical applications, developing multiplexed-engineered CAR T-cells for solid tumors, discovering novel synthetic controls to improve patient experience, and selectively partnering with strategic collaborators to advance iPSC-derived cell therapies.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1434316
SIC
2836

Financial performance, year by year

Fiscal 2013–2025 · USD
$-319.52M$-206.12M$-92.71M$20.70M$134.10M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 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 FATE THERAPEUTICS INC — and what changed

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

89
funds hold it
0 of 35
superinvestors hold it
$44.37M
held by funds, at market
14.8%
of shares held by funds

Largest fund holders · FATE THERAPEUTICS INC’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD STRATEGIC EQUITY FUND
VSEQX · VANGUARD HORIZON FUNDS
0.07%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
BRUCE FUND
BRUFX · Bruce Fund, Inc.
0.71%of fund net assets
0.05%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”.

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

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