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

Cogent Biosciences' (COGT) quarterly Operating Income came in at -$103.6 million in Q1 2026, down 38.27% year-on-year from -$167.8 million in Q1 2025, and down 4.13% on a QoQ basis from -$99.5 million in Q4 2025.

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

Cogent Biosciences (COGT) has 10 years of Operating Income data on file, last reported at -$103.6 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 38.27% year-over-year to -$103.6 million in Q1 2026; TTM through Mar 2026 was -$362.0 million, a 25.5% decrease from a year earlier, with the FY2025 full-year figure at -$333.4 million, down 20.81% from the prior year.
  • Operating Income for Q1 2026 stood at -$103.6 million, down from -$99.5 million in the prior quarter.
  • Over the last five years, Operating Income for COGT reached as high as -$31.4 million in Q1 2022 and fell as low as -$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.
  • Across the five-year window, Operating Income sank 145.45% in 2022 and retreated 10.53% in 2025, its largest moves.
  • Year by year, Operating Income stood at -$43.7 million in 2022, then tumbled by 33.11% to -$58.2 million in 2023, then dropped by 26.63% to -$73.7 million in 2024, then sank by 34.94% to -$99.5 million in 2025, then fell by 4.13% to -$103.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$103.6 million in Q1 2026, -$99.5 million in Q4 2025, and -$83.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Cogent Biosciences 6.45 Bn 6.45 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