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| Date | Value |
|---|---|
| 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 |