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.

• In Q4 2025, Operating Income fell 29.15% year-over-year to -$16.7 million; the TTM figure through Dec 2025 stood at -$60.7 million (down 20.68% YoY), while the FY2025 annual figure was -$60.7 million, down 20.68% from the prior year.
• Operating Income was -$16.7 million for Q4 2025 at GH Research, down from -$16.6 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of -$1.1 million in Q1 2021 to a low of -$16.7 million in Q4 2025.
• Historically, Operating Income has averaged -$9.9 million across 5 years, with a median of -$10.2 million in 2023.
• The sharpest annual moves came in 2021 and 2025: Operating Income slumped 7676.67% in 2021, then fell 10.44% in 2025.
• A 5-year view of Operating Income shows it stood at -$6.6 million in 2021, then tumbled 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.
• The last three Operating Income figures came in at -$16.7 million (Q4 2025), -$16.6 million (Q3 2025), and -$14.7 million (Q2 2025), per Business Quant data.