BioXcel Therapeutics (BTAI) Operating Margin (2022 - 2026)

BioXcel Therapeutics' (BTAI) quarterly Operating Margin came in at 4962.62% in Q1 2026, up 104869.0% year-on-year from N/an in Q1 2025, and down 23.56% quarter-over-quarter from 4016.41% in Q4 2025.

BioXcel Therapeutics (BTAI) Operating Margin (2022 - 2026) Analysis & Trends

BioXcel Therapeutics' Operating Margin history runs 5 years deep, the most recent figure standing at 4962.62% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 104869.0% year-over-year to 4962.62% in Q1 2026; TTM through Mar 2026 was 7438.97%, a 456743.0% decrease from a year earlier, with the FY2025 full-year figure at 7859.97%, down 489240.0% from the prior year.
  • Operating Margin declined to 4962.62% in Q1 2026 per BTAI's latest filing, from 4016.41% in the prior quarter.
  • Across five years, Operating Margin topped out at 1566.67% in Q2 2024 and bottomed at 28459.85% in Q3 2022.
  • The 5-year median for Operating Margin is 7146.26% (2024), against an average of 10993.75%.
  • Across the five-year window, Operating Margin jumped 2070168 bps in 2024 and sank 1164333 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 22224.37% in 2022, then soared by 76 bps to 5285.9% in 2023, then jumped by 46 bps to 2866.94% in 2024, then tumbled by 40 bps to 4016.41% in 2025, then decreased by 24 bps to 4962.62% in 2026.
  • Per Business Quant, the three latest BTAI Operating Margin figures stand at 4962.62% (Q1 2026), 4016.41% (Q4 2025), and 14518.37% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 16.37%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 36.83%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -38.02%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 41.69%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -2.27%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 23.74%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 21.23%
10 BioXcel Therapeutics 10.62 Mn 10.62 Mn -77,000.00 -4,962.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4,962.62%
Dec 31, 2025 -4,016.41%
Sep 30, 2025 -14,518.37%
Jun 30, 2025 -13,210.00%
Mar 31, 2025 -6,011.31%
Dec 31, 2024 -2,866.94%
Sep 30, 2024 -7,146.26%
Jun 30, 2024 -1,566.67%
Mar 31, 2024 -4,151.72%
Dec 31, 2023 -5,285.90%
Sep 30, 2023 -14,163.34%
Jun 30, 2023 -11,469.15%
Mar 31, 2023 -24,853.40%
Dec 31, 2022 -22,224.37%
Sep 30, 2022 -28,459.85%