HCW Biologics (HCWB) EBITDA (2020 - 2025)
HCW Biologics (HCWB) reported EBITDA of -$4.3 million for Q4 2025, compared with -$2.46 million a year earlier.
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Analysis
HCW Biologics (HCWB) EBITDA (2020 - 2025) Analysis & Trends
For FY2025, HCW Biologics posted EBITDA of -$12.12 million.
- By year, EBITDA came in at -$28.27 million in FY2024, -$24.58 million in FY2023, -$14.36 million in FY2022 and -$12.82 million in FY2021.
- The Q4 2025 figure ranks as the lowest quarterly EBITDA since Q2 2024.
- Per Business Quant data, the three quarters before Q4 2025 came in at -$3.12 million (Q3 2025), -$3.17 million (Q2 2025) and -$1.55 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 12.29 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 9.10 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 8.33 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 999.00 Mn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 5.09 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 4.63 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | -9.70 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 5.89 Bn |
| 10 | HCW Biologics | 1.53 Mn | -4.70 Mn | -93,887.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -4.30 Mn |
| Sep 30, 2025 | -3.12 Mn |
| Jun 30, 2025 | -3.17 Mn |
| Mar 31, 2025 | -1.55 Mn |
| Dec 31, 2024 | -2.46 Mn |
| Sep 30, 2024 | -3.56 Mn |
| Jun 30, 2024 | -15.01 Mn |
| Mar 31, 2024 | -7.25 Mn |
| Dec 31, 2023 | -10.49 Mn |
| Sep 30, 2023 | -4.80 Mn |
| Jun 30, 2023 | -4.23 Mn |
| Mar 31, 2023 | -5.06 Mn |
| Dec 31, 2022 | -5.41 Mn |
| Sep 30, 2022 | -3.86 Mn |
| Jun 30, 2022 | -3.36 Mn |
| Mar 31, 2022 | -1.74 Mn |
| Dec 31, 2021 | -3.01 Mn |
| Sep 30, 2021 | -3.97 Mn |
| Jun 30, 2021 | -2.60 Mn |
| Mar 31, 2021 | -3.25 Mn |
API Access
HCW Biologics EBITDA 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=ebitda&ticker=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();