Belite Bio (BLTE) EBITDA (2022 - 2026)

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

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

Belite Bio's EBITDA history runs 5 years deep, the most recent figure standing at -$26.9 million for 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 was -$26.9 million for Q1 2026 at Belite Bio, up from -$25.4 billion in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$6.7 million in Q4 2022 to a low of -$25.4 billion in Q4 2025.
  • Historically, EBITDA has averaged -$7.4 billion across 5 years, with a median of -$6.9 billion in 2023.
  • The sharpest annual moves came in 2024 and 2025: EBITDA slumped 150949.87% in 2024, then soared 99.82% in 2025.
  • A 5-year view of EBITDA shows it stood at -$6.7 million in 2022, then retreated by 3.03% to -$6.9 million in 2023, then plunged by 150949.87% to -$10.4 billion in 2024, then slumped by 145.47% to -$25.4 billion in 2025, then surged by 99.89% to -$26.9 million in 2026.
  • The last three EBITDA figures came in at -$26.9 million (Q1 2026), -$25.4 billion (Q4 2025), and -$21.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.92 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -13.63 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.44 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -752,618.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn 661.60 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