Forte Biosciences (FBRX) EBT (2016 - 2026)
Forte Biosciences (FBRX) posted quarterly EBT of -$21.8 million for Q1 2026, down 39.01% year-over-year from -$35.7 million in Q1 2025, and up 11.58% quarter-over-quarter from -$24.6 million in Q4 2025.
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Forte Biosciences (FBRX) EBT (2016 - 2026) Analysis & Trends
Forte Biosciences (FBRX) has reported EBT for 11 consecutive years, with -$21.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 39.01% year-over-year to -$21.8 million; the TTM figure through Mar 2026 stood at -$106.8 million (down 139.46% YoY), while the FY2025 annual figure was -$72.5 million, down 1485.06% from the prior year.
- EBT rose to -$21.8 million in Q1 2026 per FBRX's latest filing, from -$24.6 million in the prior quarter.
- Across five years, EBT topped out at -$2.8 million in Q1 2022 and bottomed at -$35.8 million in Q3 2025.
- Historically, EBT has averaged -$12.1 million across 5 years, with a median of -$8.7 million in 2024.
- Annual changes were most pronounced in 2022 — EBT soared 90.32% — and 2025, when it plunged 313.47%.
- Forte Biosciences' EBT stood at -$5.0 million in 2022, then decreased by 28.12% to -$6.4 million in 2023, then slipped by 15.93% to -$7.4 million in 2024, then slumped by 231.19% to -$24.6 million in 2025, then increased by 11.58% to -$21.8 million in 2026.
- Business Quant data shows FBRX's EBT at -$21.8 million in Q1 2026, -$24.6 million in Q4 2025, and -$35.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.76 Bn | 131.91 Bn | 2.84 Bn | 1.39 Bn |
| 2 | Regeneron Pharmaceuticals | 85.72 Bn | 77.72 Bn | 3.93 Bn | 1.53 Bn |
| 3 | Argenx Se | 63.56 Bn | 58.38 Bn | 1.37 Bn | 542.00 Mn |
| 4 | Moderna | 57.87 Bn | 52.73 Bn | 52.00 Mn | -767.00 Mn |
| 5 | Revolution Medicines | 44.06 Bn | 44.06 Bn | - | -644.37 Mn |
| 6 | BeOne Medicines | 40.08 Bn | 34.98 Bn | 1.53 Bn | 312.46 Mn |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.20 Bn | 992.69 Mn | 177.81 Mn |
| 8 | Royalty Pharma | 28.54 Bn | 27.70 Bn | - | 81.49 Mn |
| 9 | Insmed | 27.49 Bn | 26.33 Bn | 358.27 Mn | -11.37 Mn |
| 10 | Forte Biosciences | 1.58 Bn | 1.23 Bn | - | -23.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -23.14 Mn |
| Mar 31, 2026 | -21.76 Mn |
| Dec 31, 2025 | -24.57 Mn |
| Sep 30, 2025 | -18.38 Mn |
| Jun 30, 2025 | -11.25 Mn |
| Mar 31, 2025 | -15.66 Mn |
| Dec 31, 2024 | -7.35 Mn |
| Sep 30, 2024 | -8.63 Mn |
| Jun 30, 2024 | -12.82 Mn |
| Mar 31, 2024 | -7.80 Mn |
| Dec 31, 2023 | -6.38 Mn |
| Sep 30, 2023 | -10.22 Mn |
| Jun 30, 2023 | -9.03 Mn |
| Mar 31, 2023 | -6.86 Mn |
| Dec 31, 2022 | -4.94 Mn |
| Sep 30, 2022 | -3.42 Mn |
| Jun 30, 2022 | -3.02 Mn |
| Mar 31, 2022 | -2.51 Mn |
| Dec 31, 2021 | -3.30 Mn |
| Sep 30, 2021 | -7.70 Mn |