Cabaletta Bio (CABA) EBT (2018 - 2025)

Cabaletta Bio's (CABA) quarterly EBT came in at -$37.0 million in Q4 2025, down 13.55% year-on-year from -$42.8 million in Q4 2024, and up 44.72% quarter-over-quarter from -$66.9 million in Q3 2025.

Cabaletta Bio (CABA) EBT (2018 - 2025) Analysis & Trends

Cabaletta Bio's EBT history runs 8 years deep, the most recent figure standing at -$37.0 million for Q4 2025.

  • On a quarterly basis, EBT fell 13.55% year-over-year to -$37.0 million in Q4 2025; TTM through Dec 2025 was -$194.1 million, a 9.4% increase from a year earlier, with the FY2025 full-year figure at -$324.1 million, down 43.49% from the prior year.
  • EBT rose to -$37.0 million in Q4 2025 per CABA's latest filing, from -$66.9 million in the prior quarter.
  • Across five years, EBT topped out at -$13.9 million in Q4 2021 and bottomed at -$94.8 million in Q1 2024.
  • The 5-year median for EBT is -$33.3 million (2023), against an average of -$38.1 million.
  • Across the five-year window, EBT slumped 327.09% in 2023 and soared 56.62% in 2025, its largest moves.
  • Year by year, EBT stood at -$13.9 million in 2021, then sank by 33.92% to -$18.6 million in 2022, then dropped by 11.15% to -$20.7 million in 2023, then tumbled by 57.6% to -$32.6 million in 2024, then fell by 13.55% to -$37.0 million in 2025.
  • Per Business Quant, the three latest CABA EBT figures stand at -$37.0 million (Q4 2025), -$66.9 million (Q3 2025), and -$49.1 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -36.97 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 259.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.49 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.25 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 831.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 541.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Cabaletta Bio 182.04 Mn 182.04 Mn - -37.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -37.00 Mn
Sep 30, 2025 -66.93 Mn
Jun 30, 2025 -49.06 Mn
Mar 31, 2025 -41.13 Mn
Dec 31, 2024 -32.59 Mn
Sep 30, 2024 -45.85 Mn
Jun 30, 2024 -41.03 Mn
Mar 31, 2024 -94.81 Mn
Dec 31, 2023 -20.68 Mn
Sep 30, 2023 -75.33 Mn
Jun 30, 2023 -56.42 Mn
Mar 31, 2023 -34.09 Mn
Dec 31, 2022 -18.60 Mn
Sep 30, 2022 -17.64 Mn
Jun 30, 2022 -22.66 Mn
Mar 31, 2022 -23.46 Mn
Dec 31, 2021 -13.89 Mn
Sep 30, 2021 -28.04 Mn
Jun 30, 2021 -19.56 Mn
Mar 31, 2021 -22.81 Mn