Biohaven (BHVN) EBT (2021 - 2026)

Biohaven's (BHVN) quarterly EBT came in at -$130.3 million in Q1 2026, up 41.08% year-on-year from -$92.3 million in Q1 2025, and up 10.29% quarter-over-quarter from -$145.2 million in Q4 2025.

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

Biohaven has disclosed EBT across 6 years of filings, most recently posting -$130.3 million for Q1 2026.

  • EBT for Q1 2026 came in at -$130.3 million, up 41.08% year-over-year; the trailing twelve-month figure through Mar 2026 was -$646.6 million (up 27.17% YoY), and the FY2025 annual result was -$737.4 million, up 12.81% from the prior year.
  • EBT came in at -$130.3 million for Q1 2026 at Biohaven, up from -$145.2 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$67.6 million in Q3 2022 to a low of -$319.6 million in Q2 2024.
  • The 5-year median for EBT is -$160.4 million (2024), against an average of -$158.4 million.
  • Across the five-year window, EBT slumped 335.47% in 2022 and soared 55.28% in 2023, its largest moves.
  • Biohaven's EBT stood at -$215.2 million in 2022, then jumped by 32.19% to -$146.0 million in 2023, then fell by 27.97% to -$186.8 million in 2024, then climbed by 22.27% to -$145.2 million in 2025, then grew by 10.29% to -$130.3 million in 2026.
  • The last three EBT figures came in at -$130.3 million (Q1 2026), -$145.2 million (Q4 2025), and -$173.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - -
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - -2.97 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn 19.60 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - -15.31 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.18 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.25 Bn
9 Abivax 95.45 Bn 95.45 Bn - -56.48 Mn
10 Biohaven 1.64 Bn 1.30 Bn - -130.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -130.26 Mn
Dec 31, 2025 -145.20 Mn
Sep 30, 2025 -173.22 Mn
Jun 30, 2025 -197.89 Mn
Mar 31, 2025 -221.07 Mn
Dec 31, 2024 -186.80 Mn
Sep 30, 2024 -160.36 Mn
Jun 30, 2024 -319.59 Mn
Mar 31, 2024 -178.94 Mn
Dec 31, 2023 -145.97 Mn
Sep 30, 2023 -105.86 Mn
Jun 30, 2023 -88.17 Mn
Mar 31, 2023 -69.55 Mn
Dec 31, 2022 -215.25 Mn
Sep 30, 2022 -67.64 Mn
Jun 30, 2022 -197.18 Mn
Mar 31, 2022 -89.78 Mn
Dec 31, 2021 -49.43 Mn
Sep 30, 2021 -55.50 Mn