Forte Biosciences (FBRX) Enterprise Value (2016 - 2026)

Forte Biosciences (FBRX) posted quarterly Enterprise Value of -$58.2 million for Q1 2026, down 26.92% year-over-year from -$79.6 million in Q1 2025, and up 24.37% quarter-over-quarter from -$77.0 million in Q4 2025.

Forte Biosciences (FBRX) Enterprise Value (2016 - 2026) Analysis & Trends

Forte Biosciences (FBRX) has reported Enterprise Value for 11 consecutive years, with -$58.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Enterprise Value fell 26.92% year-over-year to -$58.2 million; the TTM figure through Mar 2026 stood at -$58.2 million (down 26.92% YoY), while the FY2025 annual figure was -$77.0 million, down 31.85% from the prior year.
  • Enterprise Value rose to -$58.2 million in Q1 2026 per FBRX's latest filing, from -$77.0 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$16.4 million in Q3 2024 and bottomed at -$106.1 million in Q2 2025.
  • Historically, Enterprise Value has averaged -$48.4 million across 5 years, with a median of -$41.1 million in 2022.
  • Annual changes were most pronounced in 2024 — Enterprise Value jumped 64.49% — and 2025, when it tumbled 469.51%.
  • Forte Biosciences' Enterprise Value stood at -$41.1 million in 2022, then rose by 9.67% to -$37.1 million in 2023, then plunged by 57.21% to -$58.4 million in 2024, then slumped by 31.85% to -$77.0 million in 2025, then advanced by 24.37% to -$58.2 million in 2026.
  • Business Quant data shows FBRX's Enterprise Value at -$58.2 million in Q1 2026, -$77.0 million in Q4 2025, and -$93.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn -7.85 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn -7.99 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -5.18 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -3.94 Bn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn -5.10 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -8.46 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 2.12 Bn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn -3.31 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -1.16 Bn
10 Forte Biosciences 1.63 Bn 1.28 Bn - -347.33 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -347.33 Mn
Mar 31, 2026 -58.20 Mn
Dec 31, 2025 -76.96 Mn
Sep 30, 2025 -93.40 Mn
Jun 30, 2025 -106.10 Mn
Mar 31, 2025 -45.86 Mn
Dec 31, 2024 -58.37 Mn
Sep 30, 2024 -16.40 Mn
Jun 30, 2024 -24.50 Mn
Mar 31, 2024 -30.44 Mn
Dec 31, 2023 -37.13 Mn
Sep 30, 2023 -46.19 Mn
Jun 30, 2023 -30.43 Mn
Mar 31, 2023 -35.90 Mn
Dec 31, 2022 -41.10 Mn
Sep 30, 2022 -44.05 Mn
Jun 30, 2022 -38.50 Mn
Mar 31, 2022 -40.04 Mn
Dec 31, 2021 -42.04 Mn
Sep 30, 2021 -45.67 Mn