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| 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 |