Equillium (EQ) EBITDA (2018 - 2026)

Equillium (EQ) reported EBITDA of -$5.3 million for Q1 2026, up 39.06% year-over-year from -$3.8 million in Q1 2025, and down 44.05% quarter-over-quarter from -$3.7 million in Q4 2025.

Equillium (EQ) EBITDA (2018 - 2026) Analysis & Trends

Equillium (EQ) has 9 years of EBITDA data on file, last reported at -$5.3 million in Q1 2026.

  • EBITDA for Q1 2026 came in at -$5.3 million, up 39.06% year-over-year; the trailing twelve-month figure through Mar 2026 was -$19.4 million (down 41.94% YoY), and the FY2025 annual result was -$22.8 million, down 207.24% from the prior year.
  • EBITDA fell to -$5.3 million in Q1 2026 per EQ's latest filing, from -$3.7 million in the prior quarter.
  • Over five years, EBITDA peaked at $2.7 million in Q4 2022 and troughed at -$37.7 million in Q1 2022.
  • A 5-year average of -$6.5 million and a median of -$3.7 million in 2023 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2022 and 2025: EBITDA jumped 124.84% in 2022, then slumped 2155.74% in 2025.
  • A 5-year view of EBITDA shows it stood at $2.7 million in 2022, then sank by 200.15% to -$2.7 million in 2023, then tumbled by 88.35% to -$5.0 million in 2024, then grew by 26.51% to -$3.7 million in 2025, then slumped by 44.05% to -$5.3 million in 2026.
  • Business Quant data shows EQ's EBITDA at -$5.3 million in Q1 2026, -$3.7 million in Q4 2025, and -$4.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.92 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -13.63 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.44 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -752,618.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Equillium 293.17 Mn 232.78 Mn - -5.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.30 Mn
Dec 31, 2025 -3.68 Mn
Sep 30, 2025 -4.35 Mn
Jun 30, 2025 -6.09 Mn
Mar 31, 2025 -8.70 Mn
Dec 31, 2024 -5.01 Mn
Sep 30, 2024 -261,000.00
Jun 30, 2024 296,000.00
Mar 31, 2024 -2.45 Mn
Dec 31, 2023 -2.66 Mn
Sep 30, 2023 -3.59 Mn
Jun 30, 2023 -3.31 Mn
Mar 31, 2023 -3.71 Mn
Dec 31, 2022 2.66 Mn
Sep 30, 2022 -13.31 Mn
Jun 30, 2022 -13.82 Mn
Mar 31, 2022 -37.73 Mn
Dec 31, 2021 -10.69 Mn
Sep 30, 2021 -10.14 Mn
Jun 30, 2021 -9.11 Mn