Bicycle Therapeutics (BCYC) Net Income (2018 - 2026)

Bicycle Therapeutics (BCYC) reported Net Income of -$60.8 million for Q1 2026, little changed on a YoY basis from -$60.9 million in Q1 2025, and down 126.54% quarter-over-quarter from -$26.8 million in Q4 2025.

Bicycle Therapeutics (BCYC) Net Income (2018 - 2026) Analysis & Trends

Bicycle Therapeutics has reported Net Income for 9 years, with the latest figure at -$60.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income changed 0.14% year-over-year to -$60.8 million; the trailing twelve-month figure through Mar 2026 stood at -$225.7 million (down 856.59% YoY), and the FY2025 full-year result was -$225.7 million, down 2226.02% from the prior year.
  • Net Income for Q1 2026 stood at -$60.8 million, down from -$26.8 million in the prior quarter.
  • The five-year high for Net Income was $127.8 million in Q4 2024, with the low at -$79.0 million in Q2 2025.
  • Historically, Net Income has averaged -$33.8 million across 5 years, with a median of -$39.8 million in 2024.
  • Annual changes were most pronounced in 2024 — Net Income surged 341.5% — and 2025, when it slumped 129.1%.
  • Bicycle Therapeutics' Net Income stood at -$32.0 million in 2022, then plunged by 65.19% to -$52.9 million in 2023, then surged by 341.5% to $127.8 million in 2024, then plunged by 121.01% to -$26.8 million in 2025, then slumped by 126.54% to -$60.8 million in 2026.
  • The last three Net Income figures came in at -$60.8 million (Q1 2026), -$26.8 million (Q4 2025), and -$59.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.80 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.40 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 Bicycle Therapeutics 278.04 Mn 278.04 Mn - -60.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -60.83 Mn
Dec 31, 2025 -26.85 Mn
Sep 30, 2025 -59.10 Mn
Jun 30, 2025 -78.95 Mn
Mar 31, 2025 -60.74 Mn
Dec 31, 2024 127.79 Mn
Sep 30, 2024 -50.85 Mn
Jun 30, 2024 -39.80 Mn
Mar 31, 2024 -26.51 Mn
Dec 31, 2023 -52.92 Mn
Sep 30, 2023 -49.90 Mn
Jun 30, 2023 -42.62 Mn
Mar 31, 2023 -39.06 Mn
Dec 31, 2022 -32.03 Mn
Sep 30, 2022 -28.39 Mn
Jun 30, 2022 -26.88 Mn
Mar 31, 2022 -27.58 Mn
Dec 31, 2021 -19.71 Mn
Sep 30, 2021 -14.69 Mn
Jun 30, 2021 -17.87 Mn