Company Analysis

Cue Biopharma, Inc. (CUE)

Nasdaq: CUE · Pharmaceutical Preparations · Boston, MA · filing with the SEC since 2015
Grade4.8
◀ Past 4.0● Present 4.0▶ Future 6.7
1 est.

The grade of Cue Biopharma, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past4.030% of the headline
● Present4.040% of the headline
▶ Future6.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.0/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.8/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2024-08-16.

weight 33% of this tense · 27th percentile among 497 sector filers · read for itself

From the record

Cue Biopharma, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-08-16); an auditor change (8-K item 4.01, the latest 2018-06-25) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.2/10

What has it actually done, year after year?

+57.5% a year over 8 filed years; profitable in 0 of 8.

weight 45% of this tense · 51st percentile among 323 sector filers · read for its customers

From the record

Cue Biopharma, Inc.'s 8 filed years say what it did: revenue went from $1 million in fiscal 2018 to $27 million in fiscal 2025, up 57.5% a year; it rose in 5 of 7 years; the deepest fall was 92% from fiscal 2021 to fiscal 2022; net income was positive in 0 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span57.5%top 21% of its family
  • the share of years revenue rosetop 34% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak91.7%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.6/10

How has it treated the people who own it?

SI estimate 3.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 36th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 36% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Cue Biopharma, Inc.'s shareholder treatment is put at 3.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 36% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.5/10

Is it financially healthy right now?

ROE -101%: lost 101¢ per shareholder dollar. Leverage 37%: owes 37¢ per asset dollar.

weight 45% of this tense · 35th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Cue Biopharma, Inc. lost about 101 cents for every dollar of shareholders' money. Leverage: it owed about 37 cents per dollar of assets, and net share issuance: its share count grew 68.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 46% of its family
  • return on equitybottom 31% of its family
  • the share count against the year beforebottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 315 in its family; net margin -96.9%.

weight 33% of this tense · 65th percentile among 315 sector filers · read for its customers

From the record

Cue Biopharma, Inc.'s standing among 315 graded names in its industry family: revenue of $27 million in fiscal 2025 ranks in the bottom 49% by size; a net margin of -96.9% ranks in the top 46%; revenue growth of 180.4% a year over the last 3 filed years ranks in the top 8% (its annual reports).

What it rests on

  • revenue against the family$27.5Mbottom 49% of its family
  • net margin-96.9%top 46% of its family
  • three-year revenue growth180.4%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.0/10

What are the people in charge doing?

bottom 10% of 315 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 10th percentile among 315 sector filers · read for its shareholders

From the record

Cue Biopharma, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lin, Shao-Lee (Chief Executive Officer, as filed), filing under that title since 2026-05-07, 6 months (bottom 8% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 1.4 years (bottom 5%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (bottom 19%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge14 in three years among 17 peoplebottom 19% of its family
  • the median years the people in charge have filed1.4 yearsbottom 5% of its family
  • the chief executive's years on the record6 monthsbottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.0/10

How much room does it have to grow?

top 40% of 273 in its family for room to expand.

weight 45% of this tense · 60th percentile among 273 sector filers · read for itself

From the record

Cue Biopharma, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $27 million against no long-term debt tagged leaves 64.3% of its assets as net cash, top 25% of its family; cash from operations less capital spending is -79.6% of revenue (top 48%); research spending of 137.4% of revenue (top 46%) (its annual report).

What it rests on

  • cash less debt against assets64.3%top 25% of its family
  • cash from operations less capital spending against revenue-79.6%top 48% of its family
  • research spending against revenue137.4%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.3/10

What could actually drive growth from here?

top 27% of 306 in its family for growth drivers.

weight 33% of this tense · 73rd percentile among 306 sector filers · read for its customers

From the record

Cue Biopharma, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 180.4% a year over the last three filed years against 57.5% over all 8, speeding up (top 4% of its family); the newest year grew 196% (top 11%); research spending grew -0.7% a year (bottom 46%); capital spending grew 1.2% a year (top 38%) (its annual reports). Cue Biopharma, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+122.9 points a yeartop 4% of its family
  • the newest year's revenue growth196.0%top 11% of its family
  • three-year growth of research spending-0.7%bottom 46% of its family
  • three-year growth of capital spending1.2%top 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.3/10

Did its newest year beat what its own record pointed to?

top 27% of 233 in its family for expectations against reality.

weight 22% of this tense · 73rd percentile among 233 sector filers · read for its shareholders

From the record

Cue Biopharma, Inc.'s newest year against its own record: revenue of $27 million in fiscal 2025 came in 8.4% above the $25 million its prior three years' pace pointed to (top 35% of its family); net income of $27 million against a prior three-year average of $48 million (top 34%); a net margin of -96.9% against losses larger than its revenue before (top 13%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace8.4%top 35% of its family
  • net income against the prior three years' average+45%top 34% of its family
  • net margin against its prior averageup more than 100 pointstop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CUE · research, not advice