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Companies / Health Care / Jade Biosciences, Inc.
JBIO

Jade Biosciences, Inc.

Health CarePharmaceutical Preparations
Ticker JBIOWALTHAM, MAFiscal year ends DecemberBook value per share $7.40Diluted shares 59.4M

Jade Biosciences, Inc. (Nasdaq: JBIO) is a clinical-stage biopharmaceutical company developing biologic therapies for autoimmune diseases. Its lead candidate, JADE101, is a monoclonal antibody targeting APRIL, initially being developed for IgA nephropathy; the company began a Phase 1 trial in healthy volunteers in… From the company’s description.

In fiscal 2025, Jade Biosciences, Inc. reported a net loss of $127.41M. Operations used $94.69M 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
$-127.41MFY2025
−83.0% year over year
Last 12 mo $-153.24M
-38.32%FY2025
+52.8 percentage points
Last 12 mo -34.83%
Cash & financing
$-94.69MFY2025
−33.0% year over year
Last 12 mo $-123.51M
$-94.88MFY2025
−33.3% year over year
Last 12 mo $-123.51M
0.00FY2025
31.4MFY2025
+9.7% year over year
Last 12 mo 59.4M

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 Jade Biosciences, Inc. does

In the company’s own words

Jade Biosciences, Inc. (Nasdaq: JBIO) is a clinical-stage biopharmaceutical company developing biologic therapies for autoimmune diseases. Its lead candidate, JADE101, is a monoclonal antibody targeting APRIL, initially being developed for IgA nephropathy; the company began a Phase 1 trial in healthy volunteers in August 2025. JADE201 targets BAFF-R and is designed to deplete B cells and block BAFF signaling; a Phase 1 trial in rheumatoid arthritis patients is planned. JADE301 targets an undisclosed pathway and remains in preclinical development. The company’s pipeline is its central business, and it does not describe separate reportable business segments. It licenses candidate-related intellectual property and works with Paragon Therapeutics on antibody discovery and development. Jade Biosciences was incorporated in 2024, and its programs include candidates developed through its Paragon collaboration.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
WALTHAM, MA
Fiscal year end
December
CIK
1798749
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-166.27M$-127.18M$-88.10M$-49.02M$-9.94M20212022202320242025Last 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 Jade Biosciences, Inc. — and what changed

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

125
funds hold it
0 of 35
superinvestors hold it
$345.06M
held by funds, at market
24.1%
of shares held by funds

Largest fund holders · Jade Biosciences, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.32%of fund net assets
Fidelity Advisor Biotechnology Fund
FBTAX · Fidelity Advisor Series VII
—of fund net assets
Fidelity Growth Company Fund
FDGRX · Fidelity Mt. Vernon Street Trust
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%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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  • “How do Jade Biosciences, Inc. and its peers compare on margins and cash generation over ten years?”
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