GH Research (GHRS) Operating Income (2020 - 2025)

GH Research's Operating Income history runs 6 years deep, the most recent figure standing at -$16.7 million for Q4 2025.

• On a quarterly basis, Operating Income fell 29.15% year-over-year to -$16.7 million in Q4 2025; TTM through Dec 2025 was -$60.7 million, a 20.68% decrease from a year earlier, with the FY2025 full-year figure at -$60.7 million, down 20.68% from the prior year.
• Operating Income slipped to -$16.7 million in Q4 2025 per GHRS's latest filing, from -$16.6 million in the prior quarter.
• Across five years, Operating Income topped out at -$1.1 million in Q1 2021 and bottomed at -$16.7 million in Q4 2025.
• The 5-year median for Operating Income is -$10.2 million (2023), against an average of -$9.9 million.
• Across the five-year window, Operating Income slumped 7676.67% in 2021 and decreased 10.44% in 2025, its largest moves.
• Year by year, Operating Income stood at -$6.6 million in 2021, then sank by 38.53% to -$9.2 million in 2022, then slipped by 21.66% to -$11.2 million in 2023, then declined by 16.0% to -$12.9 million in 2024, then dropped by 29.15% to -$16.7 million in 2025.
• Per Business Quant, the three latest GHRS Operating Income figures stand at -$16.7 million (Q4 2025), -$16.6 million (Q3 2025), and -$14.7 million (Q2 2025).