Biohaven BHVN
NYSE BHVN
$15.62 -0.24 (-1.51%)
As of: Sep 4, 2026 · 1:34 PM EDT

Biohaven (BHVN) Operating Income (2021 - 2026)

Biohaven (BHVN) posted Operating Income of -$130.4 million for Q1 2026, up 8.62% sequentially from -$142.7 million in Q4 2025, and up 41.13% YoY from -$92.4 million in Q1 2025.

Analysis

Biohaven (BHVN) Operating Income (2021 - 2026) Analysis & Trends

Biohaven has reported Operating Income for 6 years, with the latest figure at -$130.4 million in Q1 2026.

  • Quarterly Operating Income rose 41.13% year-over-year to -$130.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$654.2 million (up 29.15% YoY) and the FY2025 annual result came in at -$745.4 million, up 15.79% from the prior year.
  • Operating Income improved to -$130.4 million in Q1 2026 per BHVN's latest filing, from -$142.7 million in the prior quarter.
  • Over five years, Operating Income peaked at -$67.6 million in Q3 2022 and troughed at -$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 Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income slumped 319.42% in 2022, then surged 52.31% in 2023.
  • Over 5 years, Operating Income stood at -$213.4 million in 2022, then rose by 27.97% to -$153.7 million in 2023, then fell by 23.56% to -$189.9 million in 2024, then advanced by 24.85% to -$142.7 million in 2025, then rose by 8.62% to -$130.4 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$130.4 million, -$142.7 million, and -$169.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vertex Pharmaceuticals 139.31 Bn 131.46 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.65 Bn 77.66 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.46 Bn 58.27 Bn 1.37 Bn 493.00 Mn
4 Moderna 57.94 Bn 52.80 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.05 Bn 44.05 Bn - -505.13 Mn
6 BeOne Medicines 39.96 Bn 34.86 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.16 Bn 31.85 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.44 Bn 27.60 Bn - 133.12 Mn
9 Insmed 27.32 Bn 26.16 Bn 358.27 Mn -1.55 Mn
10 Biohaven 2.35 Bn 2.09 Bn - -124.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -124.90 Mn
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