HCW Biologics (HCWB) EBT (2020 - 2026)
HCW Biologics' (HCWB) quarterly EBT came in at -$5.2 million in Q2 2026, down 170.74% on a YoY basis from $7.4 million in Q2 2025, and down 11.67% quarter-over-quarter from -$4.7 million in Q4 2025.
Analysis
HCW Biologics (HCWB) EBT (2020 - 2026) Analysis & Trends
HCW Biologics (HCWB) has reported EBT for 7 consecutive years, with -$5.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT fell 170.74% year-over-year to -$5.2 million; the trailing twelve-month figure through Jun 2026 stood at -$15.2 million (down 32.86% YoY), and the FY2025 full-year result was -$14.0 million, up 53.48% from the prior year.
- EBT fell to -$5.2 million in Q2 2026 per HCWB's latest filing, from -$4.7 million in the prior quarter.
- Across five years, EBT topped out at -$1.9 million in Q1 2022 and bottomed at -$15.3 million in Q2 2024.
- Historically, EBT has averaged -$5.2 million across 5 years, with a median of -$4.6 million in 2023.
- The sharpest annual moves came in 2024 and 2025: EBT plunged 232.08% in 2024, then soared 87.4% in 2025.
- Over 5 years, EBT stood at -$5.8 million in 2022, then tumbled by 86.87% to -$10.8 million in 2023, then soared by 68.35% to -$3.4 million in 2024, then plunged by 37.15% to -$4.7 million in 2025, then retreated by 11.67% to -$5.2 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$5.2 million, -$4.7 million, and -$3.4 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn | 2.77 Bn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn | -10.25 Bn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn | 1.39 Bn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn | 1.53 Bn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn | 542.00 Mn |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn | -767.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn | 177.81 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn | 132.40 Mn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn | -11.37 Mn |
| 10 | HCW Biologics | 3.90 Mn | 3.16 Mn | -93,887.00 | -5.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.22 Mn |
| Dec 31, 2025 | -4.67 Mn |
| Sep 30, 2025 | -3.42 Mn |
| Jun 30, 2025 | -1.93 Mn |
| Mar 31, 2025 | -2.22 Mn |
| Dec 31, 2024 | -3.41 Mn |
| Sep 30, 2024 | -3.91 Mn |
| Jun 30, 2024 | -15.30 Mn |
| Mar 31, 2024 | -7.49 Mn |
| Dec 31, 2023 | -10.77 Mn |
| Sep 30, 2023 | -5.17 Mn |
| Jun 30, 2023 | -4.61 Mn |
| Mar 31, 2023 | -5.45 Mn |
| Dec 31, 2022 | -5.76 Mn |
| Sep 30, 2022 | -4.05 Mn |
| Jun 30, 2022 | -3.51 Mn |
| Mar 31, 2022 | -1.88 Mn |
| Dec 31, 2021 | -3.11 Mn |
| Sep 30, 2021 | -4.09 Mn |
| Jun 30, 2021 | -2.75 Mn |