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
DateValue
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