BioXcel Therapeutics (BTAI) EBITDA (2017 - 2026)
BioXcel Therapeutics (BTAI) recorded quarterly EBITDA of -$10.2 million in Q1 2026, up 0.57% quarter-over-quarter from -$10.3 million in Q4 2025, and down 1.23% on a YoY basis from -$10.4 million in Q1 2025.
BioXcel Therapeutics (BTAI) EBITDA (2017 - 2026) Analysis & Trends
BioXcel Therapeutics' EBITDA history runs 10 years deep, the most recent figure standing at -$10.2 million for Q1 2026.
- In Q1 2026, EBITDA fell 1.23% year-over-year to -$10.2 million; the TTM figure through Mar 2026 stood at -$50.6 million (up 4.88% YoY), while the FY2025 annual figure was -$50.5 million, up 24.96% from the prior year.
- EBITDA was -$10.2 million for Q1 2026 at BioXcel Therapeutics, up from -$10.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$10.1 million in Q1 2025 to a low of -$52.9 million in Q4 2022.
- Historically, EBITDA has averaged -$27.0 million across 5 years, with a median of -$19.9 million in 2023.
- The sharpest annual moves came in 2022 and 2024: EBITDA plunged 102.42% in 2022, then surged 68.34% in 2024.
- A 5-year view of EBITDA shows it stood at -$52.9 million in 2022, then jumped by 62.42% to -$19.9 million in 2023, then soared by 47.21% to -$10.5 million in 2024, then climbed by 2.01% to -$10.3 million in 2025, then grew by 0.57% to -$10.2 million in 2026.
- The last three EBITDA figures came in at -$10.2 million (Q1 2026), -$10.3 million (Q4 2025), and -$14.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 652.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 833.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 325.80 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -681,231.97 |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 185.20 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 307.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -67.29 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -98.81 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 81.33 Mn |
| 10 | BioXcel Therapeutics | 25.46 Mn | 25.46 Mn | -77,000.00 | -10.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.22 Mn |
| Dec 31, 2025 | -10.28 Mn |
| Sep 30, 2025 | -14.23 Mn |
| Jun 30, 2025 | -15.85 Mn |
| Mar 31, 2025 | -10.10 Mn |
| Dec 31, 2024 | -10.49 Mn |
| Sep 30, 2024 | -15.29 Mn |
| Jun 30, 2024 | -17.30 Mn |
| Mar 31, 2024 | -24.16 Mn |
| Dec 31, 2023 | -19.88 Mn |
| Sep 30, 2023 | -48.30 Mn |
| Jun 30, 2023 | -52.41 Mn |
| Mar 31, 2023 | -51.20 Mn |
| Dec 31, 2022 | -52.89 Mn |
| Sep 30, 2022 | -38.99 Mn |
| Jun 30, 2022 | -36.29 Mn |
| Mar 31, 2022 | -31.48 Mn |
| Dec 31, 2021 | -26.13 Mn |
| Sep 30, 2021 | -26.81 Mn |
| Jun 30, 2021 | -27.61 Mn |