Belite Bio (BLTE) Retained Earnings (2020 - 2025)
Belite Bio (BLTE) recorded quarterly Retained Earnings of -$185.3 million in Q4 2025, down 15.83% quarter-over-quarter from -$159.9 million in Q3 2025, and down 72.1% on a YoY basis from -$664.0 million in Q4 2024.
Belite Bio (BLTE) Retained Earnings (2020 - 2025) Analysis & Trends
Belite Bio's Retained Earnings history runs 6 years deep, the most recent figure standing at -$185.3 million for Q4 2025.
- In Q4 2025, Retained Earnings fell 72.1% year-over-year to -$185.3 million; the TTM figure through Dec 2025 stood at -$185.3 million (down 72.1% YoY), while the FY2025 annual figure was -$185.3 million, down 72.1% from the prior year.
- Retained Earnings was -$185.3 million for Q4 2025 at Belite Bio, down from -$159.9 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$27.2 million in Q4 2021 to a low of -$185.3 million in Q4 2025.
- Historically, Retained Earnings has averaged -$98.6 million across 5 years, with a median of -$89.6 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Retained Earnings slumped 46.46% in 2022, then tumbled 79.34% in 2023.
- A 5-year view of Retained Earnings shows it stood at -$27.2 million in 2021, then tumbled by 46.46% to -$39.9 million in 2022, then tumbled by 79.34% to -$71.5 million in 2023, then plunged by 50.55% to -$107.6 million in 2024, then tumbled by 72.1% to -$185.3 million in 2025.
- The last three Retained Earnings figures came in at -$185.3 million (Q4 2025), -$159.9 million (Q3 2025), and -$107.6 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | -153.89 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -211.85 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 1.00 Bn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | 130.89 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -279.00 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -1.88 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 14.59 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -838.07 Mn |
| 10 | Regeneron Pharmaceuticals | 63.43 Bn | 54.67 Bn | 3.31 Bn | 36.42 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -185.26 Mn |
| Sep 30, 2025 | -159.93 Mn |
| Dec 31, 2024 | -107.65 Mn |
| Dec 31, 2023 | -71.50 Mn |
| Dec 31, 2022 | -39.87 Mn |
| Dec 31, 2021 | -27.22 Mn |
| Dec 31, 2020 | -17.60 Mn |