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| Date | Value |
|---|---|
| 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 |