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
DateValue
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