Denali Therapeutics (DNLI) EBITDA (2017 - 2026)

Denali Therapeutics (DNLI) reported EBITDA of -$129.8 million for Q1 2026, up 2.36% year-over-year from -$126.8 million in Q1 2025, and down 0.65% on a QoQ basis from -$129.0 million in Q4 2025.

Denali Therapeutics (DNLI) has 10 years of EBITDA data on file, last reported at -$129.8 million in Q1 2026.

  • Quarterly EBITDA rose 2.36% year-over-year to -$129.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$510.7 million (down 13.34% YoY) and the FY2025 annual result came in at -$513.9 million, down 21.95% from the prior year.
  • EBITDA slipped to -$129.8 million in Q1 2026 per DNLI's latest filing, from -$129.0 million in the prior quarter.
  • Across five years, EBITDA topped out at $184.5 million in Q2 2023 and bottomed at -$133.0 million in Q1 2025.
  • The 5-year median for EBITDA is -$103.7 million (2024), against an average of -$90.2 million.
  • The widest annual swing landed in 2023, when EBITDA jumped 398.4%; it then tumbled 154.42% in 2024.
  • Tracing DNLI's EBITDA over 5 years: stood at -$93.7 million in 2022, then retreated by 26.11% to -$118.2 million in 2023, then retreated by 0.07% to -$118.3 million in 2024, then slipped by 9.05% to -$129.0 million in 2025, then decreased by 0.65% to -$129.8 million in 2026.
  • Per Business Quant, the three latest DNLI EBITDA figures stand at -$129.8 million (Q1 2026), -$129.0 million (Q4 2025), and -$126.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -13.63 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.14 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 661.60 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 201.19 Mn
10 Denali Therapeutics 3.82 Bn 3.82 Bn - -129.81 Mn

Historic Data

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DateValue
Mar 31, 2026 -129.81 Mn
Dec 31, 2025 -128.97 Mn
Sep 30, 2025 -126.74 Mn
Jun 30, 2025 -125.22 Mn
Mar 31, 2025 -132.95 Mn
Dec 31, 2024 -118.26 Mn
Sep 30, 2024 -99.00 Mn
Jun 30, 2024 -100.39 Mn
Mar 31, 2024 -103.74 Mn
Dec 31, 2023 -118.18 Mn
Sep 30, 2023 -98.56 Mn
Jun 30, 2023 184.46 Mn
Mar 31, 2023 -105.41 Mn
Dec 31, 2022 -93.71 Mn
Sep 30, 2022 -102.88 Mn
Jun 30, 2022 -61.82 Mn
Mar 31, 2022 -71.97 Mn
Dec 31, 2021 -77.24 Mn
Sep 30, 2021 -84.74 Mn
Jun 30, 2021 -60.83 Mn
Mar 31, 2021 -70.03 Mn
Dec 31, 2020 244.63 Mn
Sep 30, 2020 -58.77 Mn
Jun 30, 2020 -59.04 Mn
Mar 31, 2020 -56.28 Mn
Dec 31, 2019 -57.76 Mn
Sep 30, 2019 -46.58 Mn
Jun 30, 2019 -57.79 Mn
Mar 31, 2019 -38.01 Mn
Dec 31, 2018 78.30 Mn
Sep 30, 2018 -35.29 Mn
Jun 30, 2018 -54.93 Mn
Mar 31, 2018 -24.60 Mn
Dec 31, 2017 -23.02 Mn
Sep 30, 2017 -21.70 Mn
Jun 30, 2017 -22.12 Mn
Mar 31, 2017 -21.34 Mn