ACLX Arcellx, Inc.

FY2025 10-K
Filed: Feb 26, 2026
Health Care
Biological Products, (No Diagnostic Substances)SEC EDGAR

Arcellx, Inc. (ACLX) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Clinical-stage biotech developing novel D-Domain powered CAR-T immunotherapies for cancer and autoimmune diseases
  • New emphasis: ARC-SparX universal CAR-T platform and expanded non-oncology trials including Phase 1 generalized Myasthenia Gravis (gMG) dosing in 2025
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Risk Factors

  • Regulatory risk: Hart-Scott-Rodino Antitrust Act clearance required for Gilead merger, with timing and approval uncertainty risking deal abandonment
  • Macroeconomic risk: Global pandemics and U.S. trade policy changes may disrupt operations and third-party providers critical to business
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Financial Summary
XBRL

Revenue

$22M

Net Income

-$229M

Operating Margin

-1135.6%

Net Margin

-1027.3%

ROE

-56.9%

Total Assets

$604M

EPS (Diluted)

$-4.07

Operating Cash Flow

-$210M

Source: XBRL data from Arcellx, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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