Cogent Biosciences COGT
NASDAQ COGT
$34.65 -0.30 (-0.86%)
As of: Sep 4, 2026 · 3:14 PM EDT

Cogent Biosciences (COGT) EBITDA (2017 - 2026)

Cogent Biosciences (COGT) posted quarterly EBITDA of -$103.6 million for Q1 2026, down 38.27% year-over-year from -$167.8 million in Q1 2025, and down 4.13% quarter-over-quarter from -$99.5 million in Q4 2025.

Analysis

Cogent Biosciences (COGT) EBITDA (2017 - 2026) Analysis & Trends

Cogent Biosciences (COGT) has reported EBITDA for 10 consecutive years, with -$103.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA fell 38.27% year-over-year to -$103.6 million; the TTM figure through Mar 2026 stood at -$362.0 million (down 25.5% YoY), while the FY2025 annual figure was -$333.4 million, down 20.81% from the prior year.
  • EBITDA declined to -$103.6 million in Q1 2026 per COGT's latest filing, from -$99.5 million in the prior quarter.
  • Across five years, EBITDA topped out at -$31.4 million in Q1 2022 and bottomed at -$103.6 million in Q1 2026.
  • Historically, EBITDA has averaged -$62.9 million across 5 years, with a median of -$62.4 million in 2024.
  • Annual changes were most pronounced in 2022 — EBITDA tumbled 145.45% — and 2025, when it slipped 10.53%.
  • Cogent Biosciences' EBITDA stood at -$43.7 million in 2022, then tumbled by 33.11% to -$58.2 million in 2023, then decreased by 26.63% to -$73.7 million in 2024, then sank by 34.94% to -$99.5 million in 2025, then dropped by 4.13% to -$103.6 million in 2026.
  • Business Quant data shows COGT's EBITDA at -$103.6 million in Q1 2026, -$99.5 million in Q4 2025, and -$83.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 138.51 Bn 130.66 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.24 Bn 77.25 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.46 Bn 58.28 Bn 1.37 Bn 493.00 Mn
4 Moderna 57.89 Bn 52.75 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.02 Bn 44.02 Bn - -505.13 Mn
6 BeOne Medicines 39.95 Bn 34.85 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.49 Bn 32.19 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.43 Bn 27.59 Bn - 133.12 Mn
9 Insmed 27.39 Bn 26.22 Bn 358.27 Mn -1.55 Mn
10 Cogent Biosciences 5.93 Bn 5.93 Bn - -102.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -102.64 Mn
Mar 31, 2026 -103.61 Mn
Dec 31, 2025 -99.49 Mn
Sep 30, 2025 -83.36 Mn
Jun 30, 2025 -75.58 Mn
Mar 31, 2025 -74.93 Mn
Dec 31, 2024 -73.73 Mn
Sep 30, 2024 -75.41 Mn
Jun 30, 2024 -64.39 Mn
Mar 31, 2024 -62.40 Mn
Dec 31, 2023 -58.23 Mn
Sep 30, 2023 -59.58 Mn
Jun 30, 2023 -47.09 Mn
Mar 31, 2023 -43.24 Mn
Dec 31, 2022 -43.75 Mn
Sep 30, 2022 -36.82 Mn
Jun 30, 2022 -35.86 Mn
Mar 31, 2022 -31.42 Mn
Dec 31, 2021 -25.64 Mn
Sep 30, 2021 -19.82 Mn