Equillium (EQ) Operating Income (2018 - 2026)

Equillium (EQ) has reported Operating Income for 9 consecutive years, with -$5.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Income rose 36.75% year-over-year to -$5.6 million; the TTM figure through Mar 2026 stood at -$20.4 million (down 42.02% YoY), while the FY2025 annual figure was -$23.6 million, down 185.81% from the prior year.
• Operating Income slipped to -$5.6 million in Q1 2026 per EQ's latest filing, from -$4.0 million in the prior quarter.
• Across five years, Operating Income topped out at $2.0 million in Q4 2022 and bottomed at -$37.3 million in Q1 2022.
• Historically, Operating Income has averaged -$6.7 million across 5 years, with a median of -$4.1 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Income surged 119.66% — and 2025, when it tumbled 6128.0%.
• Equillium's Operating Income stood at $2.0 million in 2022, then plunged by 256.71% to -$3.2 million in 2023, then slumped by 46.81% to -$4.7 million in 2024, then gained by 15.67% to -$4.0 million in 2025, then sank by 41.6% to -$5.6 million in 2026.
• Business Quant data shows EQ's Operating Income at -$5.6 million in Q1 2026, -$4.0 million in Q4 2025, and -$4.6 million in Q3 2025.