Growth Metrics

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% on a QoQ basis from -$3.7 million in Q4 2025.

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

  • Quarterly EBITDA rose 39.06% year-over-year to -$5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$19.4 million (down 41.94% YoY) and the FY2025 annual result came in at -$22.8 million, down 207.24% from the prior year.
  • EBITDA retreated to -$5.3 million in Q1 2026 per EQ's latest filing, from -$3.7 million in the prior quarter.
  • Across five years, EBITDA topped out at $2.7 million in Q4 2022 and bottomed at -$37.7 million in Q1 2022.
  • The 5-year median for EBITDA is -$3.7 million (2023), against an average of -$6.5 million.
  • The widest annual swing landed in 2022, when EBITDA surged 124.84%; it then plunged 2155.74% in 2025.
  • Tracing EQ's EBITDA over 5 years: stood at $2.7 million in 2022, then tumbled by 200.15% to -$2.7 million in 2023, then sank by 88.35% to -$5.0 million in 2024, then advanced by 26.51% to -$3.7 million in 2025, then plunged by 44.05% to -$5.3 million in 2026.
  • Per Business Quant, the three latest EQ EBITDA figures stand at -$5.3 million (Q1 2026), -$3.7 million (Q4 2025), and -$4.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - -13.63 Mn
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - -
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 1.14 Bn
7 Evaxion A 64.16 Bn 64.14 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 661.60 Mn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 201.19 Mn
10 Equillium 279.21 Mn 218.82 Mn - -5.30 Mn

Historic Data

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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
Mar 31, 2021 -8.95 Mn
Dec 31, 2020 -9.19 Mn
Sep 30, 2020 -6.72 Mn
Jun 30, 2020 -6.84 Mn
Mar 31, 2020 -7.38 Mn
Dec 31, 2019 -7.63 Mn
Sep 30, 2019 -6.02 Mn
Jun 30, 2019 -6.03 Mn
Mar 31, 2019 -5.91 Mn
Dec 31, 2018 -4.99 Mn
Sep 30, 2018 -4.92 Mn
Jun 30, 2018 -1.77 Mn
Mar 31, 2018 -1.58 Mn