Equillium (EQ) Current Deferred Revenue (2022 - 2024)

Equillium (EQ) posted quarterly Current Deferred Revenue of $2.1 million for Q3 2024, down 86.94% year-over-year from $15.8 million in Q4 2023, and down 75.47% quarter-over-quarter from $8.4 million in Q2 2024.

Equillium (EQ) Current Deferred Revenue (2022 - 2024) Analysis & Trends

Equillium (EQ) has reported Current Deferred Revenue for 3 consecutive years, with $2.1 million the latest figure, recorded in Q3 2024.

  • In Q3 2024, Current Deferred Revenue fell 86.94% year-over-year to $2.1 million; the TTM figure through Sep 2024 stood at $2.1 million (down 86.94% YoY), while the FY2023 annual figure was $15.7 million, up 7.0% from the prior year.
  • Current Deferred Revenue declined to $2.1 million in Q3 2024 per EQ's latest filing, from $8.4 million in the prior quarter.
  • Across five years, Current Deferred Revenue topped out at $15.8 million in Q3 2023 and bottomed at $2.1 million in Q3 2024.
  • Historically, Current Deferred Revenue has averaged $12.4 million across 3 years, with a median of $14.5 million in 2022.
  • Annual changes were most pronounced in 2023 — Current Deferred Revenue grew 7.0% — and 2024, when it sank 86.94%.
  • Equillium's Current Deferred Revenue stood at $14.7 million in 2022, then advanced by 7.0% to $15.7 million in 2023, then tumbled by 86.85% to $2.1 million in 2024.
  • Business Quant data shows EQ's Current Deferred Revenue at $2.1 million in Q3 2024, $8.4 million in Q2 2024, and $13.4 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Equillium 263.86 Mn 263.86 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 2.07 Mn
Jun 30, 2024 8.43 Mn
Mar 31, 2024 13.36 Mn
Dec 31, 2023 15.73 Mn
Sep 30, 2023 15.83 Mn
Jun 30, 2023 14.24 Mn
Mar 31, 2023 14.77 Mn
Dec 31, 2022 14.70 Mn