HCW Biologics HCWB
NASDAQ HCWB
$2.18 +0.06 (+2.83%)
At close: Aug 21, 2026 · 4:00 PM EDT

HCW Biologics (HCWB) Accumulated Expenses (2020 - 2025)

HCW Biologics' (HCWB) quarterly Accumulated Expenses came in at $1.1 million in Q4 2025, up 13.05% YoY from $981940.0 in Q4 2024, and up 0.92% on a QoQ basis from $1.1 million in Q3 2025.

HCW Biologics (HCWB) Accumulated Expenses (2020 - 2025) Analysis & Trends

HCW Biologics (HCWB) has 6 years of Accumulated Expenses data on file, last reported at $1.1 million in Q4 2025.

  • Quarterly Accumulated Expenses rose 13.05% year-over-year to $1.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.1 million (up 13.05% YoY) and the FY2025 annual result came in at $1.1 million, up 13.05% from the prior year.
  • Accumulated Expenses climbed to $1.1 million in Q4 2025, from $1.1 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $6.3 million in Q2 2024 to a low of $674296.0 in Q1 2022.
  • A 5-year average of $2.0 million and a median of $1.7 million in 2022 frame the typical range for Accumulated Expenses.
  • Annual changes were most pronounced in 2023 — Accumulated Expenses jumped 397.9% — and 2025, when it tumbled 83.12%.
  • Tracing HCWB's Accumulated Expenses over 5 years: stood at $2.1 million in 2021, then declined by 17.52% to $1.7 million in 2022, then soared by 49.13% to $2.6 million in 2023, then sank by 61.95% to $981940.0 in 2024, then increased by 13.05% to $1.1 million in 2025.
  • The last three Accumulated Expenses figures came in at $1.1 million (Q4 2025), $1.1 million (Q3 2025), and $1.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 139.13 Bn 131.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 85.77 Bn 77.77 Bn 3.93 Bn
3 Argenx Se 64.64 Bn 59.46 Bn 1.37 Bn
4 Moderna 58.29 Bn 53.16 Bn 52.00 Mn
5 BeOne Medicines 41.92 Bn 36.82 Bn 1.53 Bn
6 Alnylam Pharmaceuticals 31.58 Bn 28.28 Bn 992.69 Mn
7 BioNTech SE 28.12 Bn 9.73 Bn 668.28 Mn
8 Insmed 27.39 Bn 26.22 Bn 358.27 Mn
9 Royalty Pharma 27.27 Bn 26.43 Bn -
10 HCW Biologics 2.86 Mn 2.11 Mn -93,887.00

Historic Data

Download Data
DateValue
Dec 31, 2025 1.11 Mn
Sep 30, 2025 1.10 Mn
Jun 30, 2025 1.07 Mn
Mar 31, 2025 1.17 Mn
Dec 31, 2024 981,940.00
Sep 30, 2024 1.06 Mn
Jun 30, 2024 6.34 Mn
Mar 31, 2024 2.92 Mn
Dec 31, 2023 2.58 Mn
Sep 30, 2023 2.26 Mn
Jun 30, 2023 2.42 Mn
Mar 31, 2023 3.36 Mn
Dec 31, 2022 1.73 Mn
Sep 30, 2022 882,775.00
Jun 30, 2022 848,340.00
Mar 31, 2022 674,296.00
Dec 31, 2021 2.10 Mn
Sep 30, 2021 1.76 Mn
Jun 30, 2021 3.17 Mn
Dec 31, 2020 845,741.00