Belite Bio (BLTE) Enterprise Value (2021 - 2025)

Belite Bio (BLTE) recorded quarterly Enterprise Value of -$476.8 million in Q4 2025, down 1405.13% quarter-over-quarter from -$31.7 million in Q3 2025, and down 239.1% on a YoY basis from $342.8 million in Q4 2024.

Belite Bio (BLTE) Enterprise Value (2021 - 2025) Analysis & Trends

Belite Bio's Enterprise Value history runs 5 years deep, the most recent figure standing at -$476.8 million for Q4 2025.

  • In Q4 2025, Enterprise Value fell 239.1% year-over-year to -$476.8 million; the TTM figure through Dec 2025 stood at -$476.8 million (down 239.1% YoY), while the FY2025 annual figure was -$476.8 million, down 239.1% from the prior year.
  • Enterprise Value was -$476.8 million for Q4 2025 at Belite Bio, down from -$31.7 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$17.3 million in Q4 2021 to a low of -$476.8 million in Q4 2025.
  • Historically, Enterprise Value has averaged -$126.4 million across 5 years, with a median of -$88.2 million in 2023.
  • Biggest YoY gain for Enterprise Value was 64.07% in 2025; the steepest drop was 239.1% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$17.3 million in 2021, then slumped by 142.67% to -$42.1 million in 2022, then tumbled by 109.45% to -$88.2 million in 2023, then sank by 59.49% to -$140.6 million in 2024, then slumped by 239.1% to -$476.8 million in 2025.
  • The last three Enterprise Value figures came in at -$476.8 million (Q4 2025), -$31.7 million (Q3 2025), and -$140.6 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -32.30 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -4.14 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -286.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -18.44 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.77 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -7.20 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -7.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -584.73 Mn
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn -8.75 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -476.78 Mn
Sep 30, 2025 -31.68 Mn
Dec 31, 2024 -140.60 Mn
Sep 30, 2024 -88.16 Mn
Dec 31, 2023 -88.16 Mn
Dec 31, 2022 -42.09 Mn
Dec 31, 2021 -17.34 Mn