Forte Biosciences (FBRX) Operating Income (2016 - 2026)
Forte Biosciences (FBRX) reported Operating Income of -$22.4 million for Q1 2026, down 39.17% year-over-year from -$36.9 million in Q1 2025, and down 170.71% quarter-over-quarter from $31.7 million in Q4 2025.
Forte Biosciences (FBRX) Operating Income (2016 - 2026) Analysis & Trends
Forte Biosciences (FBRX) has 11 years of Operating Income data on file, last reported at -$22.4 million in Q1 2026.
- Operating Income for Q1 2026 came in at -$22.4 million, down 39.17% year-over-year; the trailing twelve-month figure through Mar 2026 was -$20.7 million (down 31.05% YoY), and the FY2025 annual result was -$14.4 million, down 92.63% from the prior year.
- Operating Income eased to -$22.4 million in Q1 2026 per FBRX's latest filing, from $31.7 million in the prior quarter.
- Over five years, Operating Income peaked at $31.7 million in Q4 2025 and troughed at -$22.4 million in Q1 2026.
- A 5-year average of -$5.3 million and a median of -$7.8 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2024: Operating Income plunged 199.14% in 2023, then jumped 441.65% in 2024.
- A 5-year view of Operating Income shows it stood at -$4.9 million in 2022, then slipped by 29.2% to -$6.4 million in 2023, then jumped by 441.65% to $21.8 million in 2024, then soared by 45.57% to $31.7 million in 2025, then slumped by 170.71% to -$22.4 million in 2026.
- Business Quant data shows FBRX's Operating Income at -$22.4 million in Q1 2026, $31.7 million in Q4 2025, and -$18.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Forte Biosciences | 70.77 Mn | 12.55 Mn | - | -22.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.44 Mn |
| Dec 31, 2025 | 31.74 Mn |
| Sep 30, 2025 | -18.38 Mn |
| Jun 30, 2025 | -11.58 Mn |
| Mar 31, 2025 | -16.12 Mn |
| Dec 31, 2024 | 21.80 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 |
| Jun 30, 2021 | -5.75 Mn |