CG Oncology (CGON) EBITDA (2023 - 2026)

CG Oncology posted quarterly EBITDA of -$66.4 million for Q1 2026, down 57.3% year-on-year from -$155.5 million in Q1 2025, and down 36.32% on a QoQ basis from -$48.7 million in Q4 2025.

CG Oncology (CGON) has 4 years of EBITDA data on file, last reported at -$66.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 57.3% year-over-year to -$66.4 million; the trailing twelve-month figure through Mar 2026 stood at -$215.0 million (down 59.94% YoY), and the FY2025 full-year result was -$190.8 million, down 66.37% from the prior year.
  • EBITDA for Q1 2026 stood at -$66.4 million, down from -$48.7 million in the prior quarter.
  • Across five years, EBITDA topped out at -$9.7 million in Q1 2023 and bottomed at -$66.4 million in Q1 2026.
  • The 4-year median for EBITDA is -$28.3 million (2024), against an average of -$32.9 million.
  • The widest annual swing landed in 2024, when EBITDA sank 131.14%; it then dropped 27.99% in 2025.
  • A 4-year view of EBITDA shows it stood at -$19.4 million in 2023, then tumbled by 96.58% to -$38.0 million in 2024, then declined by 27.99% to -$48.7 million in 2025, then slumped by 36.32% to -$66.4 million in 2026.
  • The last three EBITDA figures came in at -$66.4 million (Q1 2026), -$48.7 million (Q4 2025), and -$51.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -13.63 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.14 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 661.60 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 201.19 Mn
10 CG Oncology 5.01 Bn 5.01 Bn -1.88 Mn -66.39 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -66.39 Mn
Dec 31, 2025 -48.70 Mn
Sep 30, 2025 -51.13 Mn
Jun 30, 2025 -48.74 Mn
Mar 31, 2025 -42.20 Mn
Dec 31, 2024 -38.05 Mn
Sep 30, 2024 -28.30 Mn
Jun 30, 2024 -25.85 Mn
Mar 31, 2024 -22.47 Mn
Dec 31, 2023 -19.36 Mn
Sep 30, 2023 -14.04 Mn
Jun 30, 2023 -12.33 Mn
Mar 31, 2023 -9.72 Mn