Connect Biopharma Holdings (CNTB) Operating Income (2024 - 2026)

Connect Biopharma Holdings (CNTB) posted quarterly Operating Income 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) Operating Income (2024 - 2026) Analysis & Trends

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

  • Quarterly Operating Income 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.
  • Operating Income 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, Operating Income 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 Operating Income.
  • The largest YoY upside for Operating Income was 9.39% in 2025 against a maximum downside of 198.37% in 2025.
  • Year by year, Operating Income 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, Operating Income 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) Op. Inc (Qtr)
1 Oculis Holding AG 66,621.14 Bn 66,620.85 Bn - -27.75 Mn
2 Nanobiotix 1,915.18 Bn 1,915.11 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.27 Bn 466.48 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.81 Bn 114.57 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 69.58 Bn 60.82 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.72 Bn 62.72 Bn - -32.68 Mn
8 Argenx Se 55.51 Bn 50.33 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.35 Bn 37.35 Bn - -445.22 Mn
10 Connect Biopharma Holdings 120.44 Mn 120.44 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