BioXcel Therapeutics (BTAI) Invested Capital (2017 - 2026)
BioXcel Therapeutics (BTAI) recorded quarterly Invested Capital of -$83.1 million in Q1 2026, down 17.84% quarter-over-quarter from -$70.5 million in Q4 2025, and up 1.72% on a YoY basis from -$81.7 million in Q1 2025.
BioXcel Therapeutics (BTAI) Invested Capital (2017 - 2026) Analysis & Trends
BioXcel Therapeutics' Invested Capital history runs 10 years deep, the most recent figure standing at -$83.1 million for Q1 2026.
- In Q1 2026, Invested Capital rose 1.72% year-over-year to -$83.1 million; the TTM figure through Mar 2026 stood at -$83.1 million (up 1.72% YoY), while the FY2025 annual figure was -$70.5 million, down 617.82% from the prior year.
- Invested Capital was -$83.1 million for Q1 2026 at BioXcel Therapeutics, down from -$70.5 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $234.3 million in Q2 2022 to a low of -$96.5 million in Q2 2025.
- Historically, Invested Capital has averaged $53.1 million across 5 years, with a median of $31.5 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Invested Capital increased 3.93% in 2022, then sank 617.82% in 2025.
- A 5-year view of Invested Capital shows it stood at $178.2 million in 2022, then plunged by 74.09% to $46.2 million in 2023, then sank by 70.5% to $13.6 million in 2024, then tumbled by 617.82% to -$70.5 million in 2025, then slipped by 17.84% to -$83.1 million in 2026.
- The last three Invested Capital figures came in at -$83.1 million (Q1 2026), -$70.5 million (Q4 2025), and -$72.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 10.84 Bn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 3.23 Bn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 5.90 Bn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 479.60 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 3.41 Bn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 10.24 Bn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 1.78 Bn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 446.17 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 1.79 Bn |
| 10 | BioXcel Therapeutics | 25.46 Mn | 25.46 Mn | -77,000.00 | -83.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -83.11 Mn |
| Dec 31, 2025 | -70.53 Mn |
| Sep 30, 2025 | -72.10 Mn |
| Jun 30, 2025 | -96.45 Mn |
| Mar 31, 2025 | -84.56 Mn |
| Dec 31, 2024 | 13.62 Mn |
| Sep 30, 2024 | 20.87 Mn |
| Jun 30, 2024 | 30.87 Mn |
| Mar 31, 2024 | 31.53 Mn |
| Dec 31, 2023 | 46.17 Mn |
| Sep 30, 2023 | 65.81 Mn |
| Jun 30, 2023 | 110.41 Mn |
| Mar 31, 2023 | 156.12 Mn |
| Dec 31, 2022 | 178.21 Mn |
| Sep 30, 2022 | 227.39 Mn |
| Jun 30, 2022 | 234.26 Mn |
| Mar 31, 2022 | 194.08 Mn |
| Dec 31, 2021 | 221.87 Mn |
| Sep 30, 2021 | 245.71 Mn |
| Jun 30, 2021 | 267.52 Mn |