HCW Biologics HCWB
NASDAQ HCWB
$2.46 -0.05 (-1.99%)
At close: Sep 9, 2026 · 4:00 PM EDT

HCW Biologics (HCWB) Cost of Revenue (2022 - 2026)

HCW Biologics' (HCWB) quarterly Cost of Revenue came in at $229455.0 in Q2 2026, up 4278.91% on a YoY basis from $5240.0 in Q2 2025, and up 961.85% quarter-over-quarter from $21609.0 in Q4 2025.

Analysis

HCW Biologics (HCWB) Cost of Revenue (2022 - 2026) Analysis & Trends

HCW Biologics (HCWB) has reported Cost of Revenue for 5 consecutive years, with $229455.0 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 4278.91% year-over-year to $229455.0; the trailing twelve-month figure through Jun 2026 stood at $268789.0 (down 59.66% YoY), and the FY2025 full-year result was $43386.0, down 97.3% from the prior year.
  • Cost of Revenue rose to $229455.0 in Q2 2026 per HCWB's latest filing, from $21609.0 in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.4 million in Q3 2022 and bottomed at $4052.0 in Q1 2025.
  • Historically, Cost of Revenue has averaged $488080.9 across 5 years, with a median of $341138.0 in 2024.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue sank 99.21% in 2025, then surged 4278.91% in 2026.
  • Over 5 years, Cost of Revenue stood at $1.1 million in 2022, then retreated by 0.17% to $1.1 million in 2023, then plunged by 70.52% to $315843.0 in 2024, then tumbled by 93.16% to $21609.0 in 2025, then jumped by 961.85% to $229455.0 in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $229455.0, $21609.0, and $12485.0 for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Amgen 236.37 Bn 222.38 Bn 7.24 Bn 2.81 Bn
2 Gilead Sciences 187.38 Bn 184.12 Bn 6.22 Bn 1.58 Bn
3 Vertex Pharmaceuticals 138.36 Bn 130.51 Bn 2.84 Bn 489.20 Mn
4 Regeneron Pharmaceuticals 85.09 Bn 77.10 Bn 3.93 Bn 360.70 Mn
5 Argenx Se 63.93 Bn 58.75 Bn 1.37 Bn 145.00 Mn
6 Moderna 58.07 Bn 52.94 Bn 52.00 Mn 93.00 Mn
7 Alnylam Pharmaceuticals 35.59 Bn 32.28 Bn 992.69 Mn 298.26 Mn
8 Biogen 32.63 Bn 31.34 Bn 1.96 Bn 776.90 Mn
9 Insmed 27.57 Bn 26.41 Bn 358.27 Mn 67.21 Mn
10 HCW Biologics 3.90 Mn 3.16 Mn -93,887.00 229,455.00
Historic Data

Historic Data

Download Data
DateValue
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