Corvus Pharmaceuticals (CRVS) Operating Income (2015 - 2026)
Corvus Pharmaceuticals (CRVS) recorded quarterly Operating Income of -$14.9 million in Q1 2026, down 21.77% quarter-over-quarter from -$12.2 million in Q4 2025, and down 49.94% on a YoY basis from -$29.7 million in Q1 2025.
Corvus Pharmaceuticals (CRVS) Operating Income (2015 - 2026) Analysis & Trends
Corvus Pharmaceuticals' Operating Income history runs 12 years deep, the most recent figure standing at -$14.9 million for Q1 2026.
- In Q1 2026, Operating Income fell 49.94% year-over-year to -$14.9 million; the TTM figure through Mar 2026 stood at -$47.9 million (down 53.53% YoY), while the FY2025 annual figure was -$43.0 million, down 55.99% from the prior year.
- Operating Income was -$14.9 million for Q1 2026 at Corvus Pharmaceuticals, down from -$12.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$5.6 million in Q3 2023 to a low of -$14.9 million in Q1 2026.
- Historically, Operating Income has averaged -$8.3 million across 5 years, with a median of -$7.3 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Income soared 55.42% in 2023, then sank 72.87% in 2025.
- A 5-year view of Operating Income shows it stood at -$5.7 million in 2022, then grew by 0.26% to -$5.7 million in 2023, then sank by 43.43% to -$8.1 million in 2024, then slumped by 50.73% to -$12.2 million in 2025, then declined by 21.77% to -$14.9 million in 2026.
- The last three Operating Income figures came in at -$14.9 million (Q1 2026), -$12.2 million (Q4 2025), and -$10.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | -32.68 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | -2.97 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | -15.76 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -65.83 Mn |
| 10 | Corvus Pharmaceuticals | 1.00 Bn | 766.75 Mn | - | -14.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.88 Mn |
| Dec 31, 2025 | -12.22 Mn |
| Sep 30, 2025 | -10.57 Mn |
| Jun 30, 2025 | -10.26 Mn |
| Mar 31, 2025 | -9.92 Mn |
| Dec 31, 2024 | -8.11 Mn |
| Sep 30, 2024 | -7.26 Mn |
| Jun 30, 2024 | -5.94 Mn |
| Mar 31, 2024 | -6.25 Mn |
| Dec 31, 2023 | -5.65 Mn |
| Sep 30, 2023 | -5.56 Mn |
| Jun 30, 2023 | -5.62 Mn |
| Mar 31, 2023 | -6.57 Mn |
| Dec 31, 2022 | -5.67 Mn |
| Sep 30, 2022 | -12.47 Mn |
| Jun 30, 2022 | -7.01 Mn |
| Mar 31, 2022 | -7.41 Mn |
| Dec 31, 2021 | -6.81 Mn |
| Sep 30, 2021 | -9.05 Mn |
| Jun 30, 2021 | -11.29 Mn |