Belite Bio (BLTE) EBITDA (2022 - 2026)

Belite Bio (BLTE) posted quarterly EBITDA of -$26.9 million for Q1 2026, down 88.79% year-over-year from -$240.2 million in Q1 2025, and up 99.89% on a QoQ basis from -$25.4 billion in Q4 2025.

Belite Bio (BLTE) EBITDA (2022 - 2026) Analysis & Trends

Belite Bio (BLTE) has reported EBITDA for 5 consecutive years, with -$26.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA fell 88.79% year-over-year to -$26.9 million; the TTM figure through Mar 2026 stood at -$63.3 billion (down 122.12% YoY), while the FY2025 annual figure was -$77.5 million, down 112.7% from the prior year.
  • EBITDA came in at -$26.9 million for Q1 2026 at Belite Bio, up from -$25.4 billion in the prior quarter.
  • The five-year high for EBITDA was -$6.7 million in Q4 2022, with the low at -$25.4 billion in Q4 2025.
  • Average EBITDA over 5 years is -$7.4 billion, with a median of -$6.9 billion recorded in 2023.
  • Across the five-year window, EBITDA tumbled 150949.87% in 2024 and soared 99.82% in 2025, its largest moves.
  • Year by year, EBITDA stood at -$6.7 million in 2022, then dropped by 3.03% to -$6.9 million in 2023, then sank by 150949.87% to -$10.4 billion in 2024, then tumbled by 145.47% to -$25.4 billion in 2025, then surged by 99.89% to -$26.9 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$26.9 million, -$25.4 billion, and -$21.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Genmab A 276,399.99 Bn 276,398.47 Bn 831.00 Mn -106.00 Mn
2 Akari Therapeutics 1,217.26 Bn 1,217.26 Bn - -14.44 Mn
3 BeOne Medicines 419.38 Bn 414.59 Bn 1.35 Bn 249.90 Mn
4 Vertex Pharmaceuticals 126.54 Bn 119.30 Bn 2.59 Bn 1.14 Bn
5 Pharming 110.17 Bn 110.12 Bn 65.80 Mn -4.91 Mn
6 Regeneron Pharmaceuticals 64.97 Bn 56.22 Bn 3.31 Bn 661.60 Mn
7 Argenx Se 56.44 Bn 56.44 Bn 1.18 Bn 394.00 Mn
8 Alnylam Pharmaceuticals 40.09 Bn 37.08 Bn 959.66 Mn 201.19 Mn
9 Revolution Medicines 37.15 Bn 37.15 Bn - -445.22 Mn
10 Belite Bio 96.77 Mn 96.77 Mn - -26.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -26.92 Mn
Dec 31, 2025 -25.43 Bn
Sep 30, 2025 -21.61 Bn
Jun 30, 2025 -16.19 Bn
Mar 31, 2025 -14.26 Mn
Dec 31, 2024 -10.36 Bn
Sep 30, 2024 -8.60 Bn
Jun 30, 2024 -9.50 Bn
Mar 31, 2024 -7.97 Bn
Dec 31, 2023 -6.86 Mn
Sep 30, 2023 -10.99 Mn
Jun 30, 2023 -6.89 Bn
Mar 31, 2023 -6.88 Bn
Dec 31, 2022 -6.66 Mn
Sep 30, 2022 -2.57 Bn
Jun 30, 2022 -2.57 Bn