Connect Biopharma Holdings (CNTB) EBITDA (2024 - 2026)

Connect Biopharma Holdings (CNTB) posted quarterly EBITDA of -$19.6 million for Q1 2026, down 71.29% year-on-year from -$68.3 million in Q1 2025, and down 26.28% on a QoQ basis from -$15.5 million in Q4 2025.

Connect Biopharma Holdings (CNTB) EBITDA (2024 - 2026) Analysis & Trends

Connect Biopharma Holdings (CNTB) has reported EBITDA for 3 consecutive years, with -$19.6 million the latest figure, recorded in Q1 2026.

  • Quarterly EBITDA fell 71.29% year-over-year to -$19.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$66.2 million (down 211.45% YoY) and the FY2025 annual result came in at -$58.1 million, down 158.66% from the prior year.
  • EBITDA slipped to -$19.6 million in Q1 2026 per CNTB's latest filing, from -$15.5 million in the prior quarter.
  • Over the last five years, EBITDA for CNTB reached as high as $13.6 million in Q2 2024 and fell as low as -$19.6 million in Q1 2026.
  • A 3-year average of -$11.1 million and a median of -$13.4 million in 2025 frame the typical range for EBITDA.
  • The largest YoY upside for EBITDA was 9.39% in 2025 against a maximum downside of 198.37% in 2025.
  • Year by year, EBITDA stood at -$9.6 million in 2024, then tumbled by 61.41% to -$15.5 million in 2025, then declined by 26.28% to -$19.6 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$19.6 million, -$15.5 million, and -$17.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 66,861.65 Bn 66,861.36 Bn - -27.75 Mn
2 Nanobiotix 1,911.83 Bn 1,911.77 Bn - -
3 Akari Therapeutics 973.81 Bn 973.81 Bn - -15.76 Mn
4 BeOne Medicines 471.51 Bn 466.72 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.94 Bn 114.70 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 70.05 Bn 61.30 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.68 Bn 62.68 Bn - -32.68 Mn
8 Argenx Se 55.88 Bn 50.69 Bn 1.41 Bn 493.00 Mn
9 Alnylam Pharmaceuticals 37.49 Bn 34.48 Bn 959.66 Mn 268.64 Mn
10 Connect Biopharma Holdings 121.01 Mn 121.01 Mn - -19.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -19.61 Mn
Dec 31, 2025 -15.53 Mn
Sep 30, 2025 -17.68 Mn
Jun 30, 2025 -13.42 Mn
Mar 31, 2025 -11.45 Mn
Dec 31, 2024 -9.62 Mn
Sep 30, 2024 -13.85 Mn
Jun 30, 2024 13.65 Mn
Mar 31, 2024 -12.63 Mn