GH Research (GHRS) Retained Earnings (2021 - 2025)

GH Research's (GHRS) quarterly Retained Earnings came in at -$154.4 million in Q4 2025, down 45.07% year-on-year from -$281.1 million in Q4 2024, and down 135.82% quarter-over-quarter from $431.1 million in Q3 2025.

GH Research (GHRS) Retained Earnings (2021 - 2025) Analysis & Trends

GH Research's Retained Earnings history runs 5 years deep, the most recent figure standing at -$154.4 million for Q4 2025.

  • On a quarterly basis, Retained Earnings fell 45.07% year-over-year to -$154.4 million in Q4 2025; TTM through Dec 2025 was -$154.4 million, a 45.07% decrease from a year earlier, with the FY2025 full-year figure at -$154.4 million, down 45.07% from the prior year.
  • Retained Earnings eased to -$154.4 million in Q4 2025 per GHRS's latest filing, from $431.1 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $431.1 million in Q1 2025 and bottomed at -$154.4 million in Q4 2025.
  • The 5-year median for Retained Earnings is $291.4 million (2022), against an average of $199.1 million.
  • Across the five-year window, Retained Earnings slumped 167.52% in 2022 and soared 1932.2% in 2023, its largest moves.
  • Year by year, Retained Earnings stood at -$16.4 million in 2021, then plunged by 98.45% to -$32.5 million in 2022, then jumped by 997.0% to $291.5 million in 2023, then tumbled by 136.52% to -$106.4 million in 2024, then sank by 45.07% to -$154.4 million in 2025.
  • Per Business Quant, the three latest GHRS Retained Earnings figures stand at -$154.4 million (Q4 2025), $431.1 million (Q3 2025), and $431.1 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -527.87 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -27.89 Mn
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.91 Bn
4 NuCana 279.75 Bn 279.75 Bn - 115.82 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 14.59 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 11.90 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.41 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -622,000.00
10 GH Research 1.69 Bn 1.69 Bn - -154.43 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -154.43 Mn
Sep 30, 2025 431.06 Mn
Jun 30, 2025 431.06 Mn
Mar 31, 2025 431.06 Mn
Dec 31, 2024 -106.45 Mn
Sep 30, 2024 291.46 Mn
Jun 30, 2024 291.46 Mn
Mar 31, 2024 291.46 Mn
Dec 31, 2023 291.46 Mn
Sep 30, 2023 291.45 Mn
Jun 30, 2023 291.45 Mn
Mar 31, 2023 291.45 Mn
Dec 31, 2022 -32.49 Mn
Sep 30, 2022 -15.91 Mn
Jun 30, 2022 291.45 Mn
Mar 31, 2022 291.45 Mn
Dec 31, 2021 -16.37 Mn
Sep 30, 2021 -5.95 Mn