Biohaven (BHVN) EBITDA (2021 - 2026)

Biohaven (BHVN) reported EBITDA of -$130.4 million for Q1 2026, up 41.13% on a YoY basis from -$92.4 million in Q1 2025, and up 8.62% sequentially from -$142.7 million in Q4 2025.

Biohaven (BHVN) EBITDA (2021 - 2026) Analysis & Trends

Biohaven (BHVN) has 6 years of EBITDA data on file, last reported at -$130.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 41.13% year-over-year to -$130.4 million; the trailing twelve-month figure through Mar 2026 stood at -$654.2 million (up 29.15% YoY), and the FY2025 full-year result was -$745.4 million, up 15.79% from the prior year.
  • EBITDA improved to -$130.4 million in Q1 2026, from -$142.7 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$67.6 million in Q3 2022 to a low of -$333.8 million in Q2 2024.
  • A 5-year average of -$162.6 million and a median of -$169.4 million in 2025 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA plunged 319.42% in 2022 and soared 52.31% in 2023, its largest moves.
  • Tracing BHVN's EBITDA over 5 years: stood at -$213.4 million in 2022, then climbed by 27.97% to -$153.7 million in 2023, then slipped by 23.56% to -$189.9 million in 2024, then increased by 24.85% to -$142.7 million in 2025, then climbed by 8.62% to -$130.4 million in 2026.
  • Business Quant data shows BHVN's EBITDA at -$130.4 million in Q1 2026, -$142.7 million in Q4 2025, and -$169.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Biohaven 2.13 Bn 1.78 Bn - -130.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -130.43 Mn
Dec 31, 2025 -142.73 Mn
Sep 30, 2025 -169.38 Mn
Jun 30, 2025 -211.70 Mn
Mar 31, 2025 -221.56 Mn
Dec 31, 2024 -189.93 Mn
Sep 30, 2024 -178.17 Mn
Jun 30, 2024 -333.77 Mn
Mar 31, 2024 -183.24 Mn
Dec 31, 2023 -153.71 Mn
Sep 30, 2023 -110.55 Mn
Jun 30, 2023 -94.01 Mn
Mar 31, 2023 -77.78 Mn
Dec 31, 2022 -213.41 Mn
Sep 30, 2022 -67.64 Mn
Jun 30, 2022 -197.11 Mn
Mar 31, 2022 -89.77 Mn
Dec 31, 2021 -50.88 Mn
Sep 30, 2021 -55.49 Mn