Cogent Biosciences (COGT) Operating Income (2017 - 2026)

Cogent Biosciences (COGT) recorded quarterly Operating Income of -$103.6 million in Q1 2026, down 4.13% quarter-over-quarter from -$99.5 million in Q4 2025, and down 38.27% on a YoY basis from -$167.8 million in Q1 2025.

Cogent Biosciences (COGT) Operating Income (2017 - 2026) Analysis & Trends

Cogent Biosciences' Operating Income history runs 10 years deep, the most recent figure standing at -$103.6 million for Q1 2026.

  • In Q1 2026, Operating Income 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.
  • Operating Income was -$103.6 million for Q1 2026 at Cogent Biosciences, down from -$99.5 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$31.4 million in Q1 2022 to a low of -$103.6 million in Q1 2026.
  • Historically, Operating Income has averaged -$62.9 million across 5 years, with a median of -$62.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Income plunged 145.45% in 2022, then dropped 10.53% in 2025.
  • A 5-year view of Operating Income shows it stood at -$43.7 million in 2022, then plunged by 33.11% to -$58.2 million in 2023, then slipped by 26.63% to -$73.7 million in 2024, then slumped by 34.94% to -$99.5 million in 2025, then declined by 4.13% to -$103.6 million in 2026.
  • The last three Operating Income figures came in at -$103.6 million (Q1 2026), -$99.5 million (Q4 2025), and -$83.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - -
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - -2.97 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn -19.70 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - -15.76 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.82 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - -
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.14 Bn
9 Abivax 95.45 Bn 95.45 Bn - -65.83 Mn
10 Cogent Biosciences 5.19 Bn 4.32 Bn - -103.61 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -17.29 Mn