PRME (Prime Medicine) Current Accrued Expense: $3.76 Mil (As of Mar. 2026)

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PRME Prime Medicine Inc PRME
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What is Prime Medicine Current Accrued Expense?

Prime Medicine PRME -2.10% 25 Current Accrued Expense is $3.76 Mil as of Mar. 2026. GuruFocus rates PRME with a GF Score™ of 25/100. The stock has 4 warning signs investors should review.

Prime Medicine's Current Accrued Expense for the quarter that ended in Mar. 2026 was $3.76 Mil.

Prime Medicine's quarterly Current Accrued Expense increased from Sep. 2025 ($2.18 Mil) to Dec. 2025 ($3.56 Mil) and increased from Dec. 2025 ($3.56 Mil) to Mar. 2026 ($3.76 Mil).

Prime Medicine's annual Current Accrued Expense declined from Dec. 2023 ($16.70 Mil) to Dec. 2024 ($5.66 Mil) and declined from Dec. 2024 ($5.66 Mil) to Dec. 2025 ($3.56 Mil).

Prime Medicine Current Accrued Expense Historical Data

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The historical data trend for Prime Medicine's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Prime Medicine Current Accrued Expense Chart

Prime Medicine Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial 34.55 3.71 16.70 5.66 3.56

Prime Medicine Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 5.22 2.18 3.56 3.76
PRME
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Prime Medicine Inc PRME
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Medicine Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $3.76 Mil mean?
Prime Medicine (PRME) has a Current Accrued Expense of $3.76 Mil as of Mar. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Prime Medicine and its competitors.
Is Prime Medicine's Current Accrued Expense too high?
Prime Medicine's current Current Accrued Expense is $3.76 Mil. Overall, Prime Medicine has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Prime Medicine's Current Accrued Expense compare to VSTM and ALT?
Prime Medicine's Current Accrued Expense of $3.76 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Biotechnology company?
A good Current Accrued Expense depends on the Biotechnology industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Prime Medicine and its competitors. Prime Medicine's current Current Accrued Expense is $3.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Medicine stock overvalued right now?
Prime Medicine (PRME) has a current Current Accrued Expense of $3.76 Mil. The current Current Accrued Expense is $3.76 Mil. Prime Medicine's overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Prime Medicine (PRME), the current Current Accrued Expense is $3.76 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prime Medicine Business Description

Address 60 First Street, Cambridge, MA, USA, 02141
Prime Medicine Inc is a biotechnology company focused on developing a new class of genetic medicines designed to provide durable, and potentially curative, treatment options for patients with diseases driven by defined genetic alterations, acquired cellular dysfunction, or dysregulated gene expression. Its program, PM577 for Wilson Disease, is designed to initially correct the H1069Q mutation in the ATP7B gene and is supported by preclinical data showing targeted correction and restoration of copper homeostasis in animal models. In addition, PM647 is being developed for alpha-1 antitrypsin deficiency, or AATD, another liver targeted disease with substantial unmet need.
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