Bicara Therapeutics 2025 Financial Update

BCAX|EPS -$0.68|Net Loss $37.4M

Bicara Therapeutics is a clinical-stage biopharmaceutical company committed to bringing transformative bifunctional therapies to patients with solid tumors.

As a clinical-stage company, Bicara’s financial statements did not report any revenue for 2025. The company reported a basic and diluted Earnings Per Share (EPS) net loss of $(0.68) for the fourth quarter of 2025 and $(2.52) for the full year. The total net loss was $138.0 million for the year ended December 31, 2025.

Bicara ended 2025 with $414.8 million in cash, cash equivalents, and marketable securities. Full-year research and development expenses reached $125.1 million. Based on current plans, the company expects its capital to fund operations into the first half of 2029.

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