Fortress Biotech (FBIO) Cost of Revenue (2016 - 2026)
Fortress Biotech (FBIO) posted quarterly Cost of Revenue of $5.4 million for Q4 2025, up 16.24% year-over-year from $4.7 million in Q4 2024, and down 5.47% quarter-over-quarter from $5.8 million in Q3 2025.
Analysis
Fortress Biotech (FBIO) Cost of Revenue (2016 - 2026) Analysis & Trends
Fortress Biotech's Cost of Revenue history runs 10 years deep, the most recent figure standing at $5.4 million for Q4 2025.
- In Q4 2025, Cost of Revenue rose 16.24% year-over-year to $5.4 million; the TTM figure through Dec 2025 stood at $20.9 million (changed 0.21% YoY), while the FY2025 annual figure was $20.9 million, changed 0.22% from the prior year.
- Cost of Revenue for Q4 2025 stood at $5.4 million, down from $5.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $11.2 million in Q3 2021, with the low at $2.2 million in Q4 2023.
- The 5-year median for Cost of Revenue is $6.2 million (2023), against an average of $6.4 million.
- The sharpest annual moves came in 2021 and 2023: Cost of Revenue soared 230.48% in 2021, then tumbled 70.87% in 2023.
- Fortress Biotech's Cost of Revenue stood at $9.5 million in 2021, then fell by 18.97% to $7.7 million in 2022, then sank by 70.87% to $2.2 million in 2023, then soared by 108.19% to $4.7 million in 2024, then climbed by 16.24% to $5.4 million in 2025.
- Business Quant data shows FBIO's Cost of Revenue at $5.4 million in Q4 2025, $5.8 million in Q3 2025, and $4.9 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 141.52 Bn | 133.66 Bn | 2.84 Bn | 489.20 Mn |
| 2 | Regeneron Pharmaceuticals | 86.69 Bn | 78.69 Bn | 3.93 Bn | 360.70 Mn |
| 3 | Argenx Se | 64.63 Bn | 59.45 Bn | 1.37 Bn | 145.00 Mn |
| 4 | Moderna | 59.30 Bn | 54.16 Bn | 52.00 Mn | 93.00 Mn |
| 5 | Revolution Medicines | 44.41 Bn | 44.41 Bn | - | - |
| 6 | BeOne Medicines | 40.45 Bn | 35.35 Bn | 1.53 Bn | 174.53 Mn |
| 7 | Alnylam Pharmaceuticals | 35.29 Bn | 31.98 Bn | 992.69 Mn | 298.26 Mn |
| 8 | Royalty Pharma | 28.44 Bn | 27.60 Bn | - | - |
| 9 | Insmed | 27.55 Bn | 26.39 Bn | 358.27 Mn | 67.21 Mn |
| 10 | Fortress Biotech | 86.15 Mn | -110.42 Mn | 12.58 Mn | 6.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.14 Mn |
| Dec 31, 2025 | 5.44 Mn |
| Sep 30, 2025 | 5.76 Mn |
| Jun 30, 2025 | 4.94 Mn |
| Mar 31, 2025 | 4.79 Mn |
| Dec 31, 2024 | 4.68 Mn |
| Sep 30, 2024 | 4.47 Mn |
| Jun 30, 2024 | 5.73 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Dec 31, 2023 | 2.25 Mn |
| Sep 30, 2023 | 6.43 Mn |
| Jun 30, 2023 | 7.77 Mn |
| Mar 31, 2023 | 6.45 Mn |
| Dec 31, 2022 | 7.72 Mn |
| Sep 30, 2022 | 7.22 Mn |
| Jun 30, 2022 | 7.63 Mn |
| Mar 31, 2022 | 8.20 Mn |
| Dec 31, 2021 | 9.53 Mn |
| Sep 30, 2021 | 11.17 Mn |
| Jun 30, 2021 | 7.48 Mn |