Denali Therapeutics DNLI
NASDAQ DNLI
$22.28 -0.52 (-2.28%)
As of: Sep 4, 2026 · 3:59 PM EDT

Denali Therapeutics (DNLI) EBITDA (2017 - 2026)

Denali Therapeutics (DNLI) posted quarterly EBITDA of -$137.4 million for Q1 2026, up 5.65% year-over-year from -$130.0 million in Q1 2025, and little changed quarter-over-quarter from -$137.4 million in Q4 2025.

Analysis

Denali Therapeutics (DNLI) EBITDA (2017 - 2026) Analysis & Trends

Denali Therapeutics (DNLI) has reported EBITDA for 10 consecutive years, with -$137.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA rose 5.65% year-over-year to -$137.4 million; the TTM figure through Mar 2026 stood at -$547.1 million (down 6.19% YoY), while the FY2025 annual figure was -$555.3 million, down 13.95% from the prior year.
  • EBITDA was little changed at -$137.4 million in Q1 2026 per DNLI's latest filing, from -$137.4 million in the prior quarter.
  • Across five years, EBITDA topped out at $170.5 million in Q2 2023 and bottomed at -$145.6 million in Q1 2025.
  • Historically, EBITDA has averaged -$101.0 million across 5 years, with a median of -$120.8 million in 2023.
  • Annual changes were most pronounced in 2023 — EBITDA jumped 377.59% — and 2024, when it slumped 168.39%.
  • Denali Therapeutics' EBITDA stood at -$105.3 million in 2022, then decreased by 25.85% to -$132.6 million in 2023, then grew by 2.06% to -$129.8 million in 2024, then fell by 5.79% to -$137.4 million in 2025, then climbed by 0.01% to -$137.4 million in 2026.
  • Business Quant data shows DNLI's EBITDA at -$137.4 million in Q1 2026, -$137.4 million in Q4 2025, and -$137.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 493.00 Mn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -505.13 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 133.12 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -1.55 Mn
10 Denali Therapeutics 4.18 Bn 4.18 Bn 3.51 Mn -130.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -130.54 Mn
Mar 31, 2026 -137.36 Mn
Dec 31, 2025 -137.37 Mn
Sep 30, 2025 -137.43 Mn
Jun 30, 2025 -134.96 Mn
Mar 31, 2025 -145.58 Mn
Dec 31, 2024 -129.85 Mn
Sep 30, 2024 -123.19 Mn
Jun 30, 2024 -116.59 Mn
Mar 31, 2024 -117.72 Mn
Dec 31, 2023 -132.57 Mn
Sep 30, 2023 -113.80 Mn
Jun 30, 2023 170.48 Mn
Mar 31, 2023 -120.82 Mn
Dec 31, 2022 -105.34 Mn
Sep 30, 2022 -107.49 Mn
Jun 30, 2022 -61.42 Mn
Mar 31, 2022 -66.50 Mn
Dec 31, 2021 -77.12 Mn
Sep 30, 2021 -85.59 Mn