HCW Biologics (HCWB) Cost of Revenue (2022 - 2026)
HCW Biologics (HCWB) reported Cost of Revenue of $229,455 for Q2 2026, compared with $5,240 a year earlier.
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Analysis
HCW Biologics (HCWB) Cost of Revenue (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, HCW Biologics' Cost of Revenue came in at $268,789, down 59.7% year-over-year; for FY2025, it came in at $43,386, down 97.3% from FY2024.
- Cost of Revenue has declined for three consecutive years, with a three-year compound annual growth rate of -78.1% (FY2022 to FY2025).
- By year, Cost of Revenue came in at $1.61 million in FY2024 (-29.5%), $2.28 million in FY2023 (-44.8%) and $4.14 million in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q4 2024.
- The high point for year-over-year Cost of Revenue in five years was Q2 2023 (growth of 74.9%); the low point was Q1 2025 (a decline of 99.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 3.27 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 8.05 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 4.29 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 4.40 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 3.71 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 2.52 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 2.81 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | 1.58 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 4.09 Bn |
| 10 | HCW Biologics | 2.26 Mn | -3.97 Mn | -93,887.00 | 229,455.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 229,455.00 |
| Dec 31, 2025 | 21,609.00 |
| Sep 30, 2025 | 12,485.00 |
| Jun 30, 2025 | 5,240.00 |
| Mar 31, 2025 | 4,052.00 |
| Dec 31, 2024 | 315,843.00 |
| Sep 30, 2024 | 341,138.00 |
| Jun 30, 2024 | 438,443.00 |
| Mar 31, 2024 | 511,965.00 |
| Dec 31, 2023 | 1.07 Mn |
| Sep 30, 2023 | 678,325.00 |
| Jun 30, 2023 | 502,402.00 |
| Mar 31, 2023 | 29,350.00 |
| Dec 31, 2022 | 1.07 Mn |
| Sep 30, 2022 | 1.45 Mn |
| Jun 30, 2022 | 287,200.00 |
| Mar 31, 2022 | 1.33 Mn |
API Access
HCW Biologics Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HCWB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();