Significant Cash Burn Reduction
Ginkgo achieved a dramatic reduction in quarterly cash burn over the last year, decreasing from $114 million in Q3 2024 to $28 million in Q3 2025, a 75% decrease.
Strong Cash Position
The company maintains a robust cash position with $462 million in cash and cash equivalents and no bank debt as of Q3 2025.
Expansion of Frontier Autonomous Lab
Ginkgo is expanding its frontier autonomous lab in Boston, which includes the world's largest RAC install, demonstrating advancements in AI and robotics integration.
BARDA Award
Ginkgo and its partners secured a $22 million award from BARDA for monoclonal antibody manufacturing to improve national security and reduce drug manufacturing costs.
Extended Partnership with Bayer
Ginkgo extended its 5-year partnership with Bayer to engineer microbes for fertilizer production, highlighting a long-term collaboration with a major agricultural company.