Cyclerion Therapeutics (CYCN) EBITDA (2018 - 2025)

Cyclerion Therapeutics (CYCN) recorded quarterly EBITDA of -$976000.0 in Q3 2025, up 41.63% quarter-over-quarter from -$1.7 million in Q2 2025, and down 34.99% on a YoY basis from -$1.5 million in Q3 2024.

Cyclerion Therapeutics (CYCN) EBITDA (2018 - 2025) Analysis & Trends

Cyclerion Therapeutics' EBITDA history runs 8 years deep, the most recent figure standing at -$976000.0 for Q3 2025.

  • In Q3 2025, EBITDA fell 34.99% year-over-year to -$976000.0; the TTM figure through Sep 2025 stood at -$3.6 million (up 33.65% YoY), while the FY2024 annual figure was -$3.6 million, up 71.99% from the prior year.
  • EBITDA was -$976000.0 for Q3 2025 at Cyclerion Therapeutics, up from -$1.7 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $502000.0 in Q4 2024 to a low of -$16.2 million in Q2 2021.
  • Historically, EBITDA has averaged -$6.5 million across 5 years, with a median of -$4.5 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: EBITDA soared 127.97% in 2024, then slumped 34.99% in 2025.
  • A 5-year view of EBITDA shows it stood at -$14.3 million in 2021, then jumped by 68.93% to -$4.5 million in 2022, then jumped by 59.71% to -$1.8 million in 2023, then jumped by 127.97% to $502000.0 in 2024, then slumped by 294.42% to -$976000.0 in 2025.
  • The last three EBITDA figures came in at -$976000.0 (Q3 2025), -$1.7 million (Q2 2025), and -$1.4 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - -
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - -26.92 Mn
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - -13.63 Mn
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -19.70 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - -14.44 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -3.82 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - -752,618.00
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 1.14 Bn
9 Abivax 94.37 Bn 94.37 Bn - -65.83 Mn
10 Cyclerion Therapeutics 11.50 Mn 8.26 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -976,000.00
Jun 30, 2025 -1.67 Mn
Mar 31, 2025 -1.43 Mn
Dec 31, 2024 502,000.00
Sep 30, 2024 -723,000.00
Jun 30, 2024 -1.32 Mn
Mar 31, 2024 -1.55 Mn
Dec 31, 2023 -1.80 Mn
Sep 30, 2023 -6.02 Mn
Jun 30, 2023 -4.18 Mn
Mar 31, 2023 -6.95 Mn
Dec 31, 2022 -4.46 Mn
Sep 30, 2022 -10.50 Mn
Jun 30, 2022 -13.43 Mn
Mar 31, 2022 -12.98 Mn
Dec 31, 2021 -14.34 Mn
Sep 30, 2021 -11.29 Mn
Jun 30, 2021 -16.18 Mn
Mar 31, 2021 -13.40 Mn
Dec 31, 2020 -19.23 Mn