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Companies / Health Care / Fate Therapeutics, Inc.
FATE

Fate Therapeutics, Inc.

Health CareBiological Products
Ticker FATESAN DIEGO, CAFiscal year ends DecemberBook value per share $1.10Diluted shares 121.4M

Fate Therapeutics, Inc. (Nasdaq: FATE) is a clinical-stage biopharmaceutical company developing off-the-shelf cellular immunotherapies for cancer and autoimmune diseases. Its proprietary induced pluripotent stem cell (iPSC) platform engineers renewable cell lines and differentiates them into uniform, multiplexed… From the company’s description.

Over the twelve months to Sep 30, 2026, Fate Therapeutics, Inc. reported revenue of $4.75M, down 33.4% from a year earlier, and a net loss of $124.43M. Operations used $105.46M in cash. In fiscal 2025, it reported revenue of $6.65M, down 51.2% from fiscal 2024, and a net loss of $136.31M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$6.65MFY2025
−51.2% year over year
Last 12 mo $4.75M
-2222.45%FY2025
−679.8 percentage points
Last 12 mo -2760.04%
$-136.31MFY2025
+26.8% year over year
Last 12 mo $-124.43M
-65.79%FY2025
−7.4 percentage points
Last 12 mo -93.54%
Cash & financing
$-106.08MFY2025
+13.7% year over year
Last 12 mo $-105.46M
$-112.04MFY2025
+9.4% year over year
Last 12 mo $-106.97M
—
118.8MFY2025
+4.5% year over year
Last 12 mo 121.4M

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 Fate Therapeutics, Inc. does

In the company’s own words

Fate Therapeutics, Inc. (Nasdaq: FATE) is a clinical-stage biopharmaceutical company developing off-the-shelf cellular immunotherapies for cancer and autoimmune diseases. Its proprietary induced pluripotent stem cell (iPSC) platform engineers renewable cell lines and differentiates them into uniform, multiplexed T-cell and natural killer cell product candidates designed for on-demand use. The pipeline includes CD19-targeted CAR T-cell candidate FT819, under clinical investigation for systemic lupus erythematosus and other autoimmune diseases, and CAR T-cell candidate FT825 for solid tumors, developed with Ono Pharmaceutical; other programs include FT522, FT836 and FT839. The company also develops synthetic controls intended to enhance cell function and potentially reduce the need for conditioning chemotherapy. Fate operates a 40,000-plus-square-foot GMP manufacturing facility supporting clinical development and potential initial commercialization. In fiscal 2025, it reported no product sales and recorded $7.7 million in collaboration revenue. Its business is organized as one operating and reportable segment. Its website is https://fatetherapeutics.com/.

Company details
Sector
Health Care
Industry (SIC)
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
14.5%
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
—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.

Connected research

Put this business in context.

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