HCW Biologics (HCWB) Ending Cash Balance (2020 - 2026)
HCW Biologics (HCWB) reported Ending Cash Balance of $741,324 for Q2 2026, down 69.6% from $2.44 million a year earlier and down 39.7% from the prior quarter.
HCW Biologics (HCWB) Ending Cash Balance (2020 - 2026) Analysis & Trends
For FY2025, HCW Biologics posted Ending Cash Balance of $1.95 million, down 58.2% from FY2024.
- Ending Cash Balance has a five-year compound annual growth rate of -25.4% (FY2020 to FY2025).
- By year, Ending Cash Balance came in at $4.67 million in FY2024 (+30.0%), $3.6 million in FY2023 (-83.9%), $22.33 million in FY2022 (+90.3%) and $11.73 million in FY2021 (+38.7%).
- The Q2 2026 figure ranks as the lowest quarterly Ending Cash Balance in data going back to Q2 2020.
- Year over year, Ending Cash Balance gained in four of the last eight quarters, with an average decline of 16.4%.
- The high point for year-over-year Ending Cash Balance in five years was Q2 2022 (growth of 205.3%); the low point was Q3 2024 (a decline of 91.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.23 million (Q1 2026), $1.95 million (Q4 2025) and $1.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 4.89 Bn |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 16.91 Bn |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 10.77 Bn |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 9.65 Bn |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | 7.94 Bn |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 13.19 Bn |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | 6.44 Bn |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 1.88 Bn |
| 10 | HCW Biologics | 1.02 Mn | -4.00 Mn | -93,887.00 | 741,324.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 741,324.00 |
| Mar 31, 2026 | 1.23 Mn |
| Dec 31, 2025 | 1.95 Mn |
| Sep 30, 2025 | 1.10 Mn |
| Jun 30, 2025 | 2.44 Mn |
| Mar 31, 2025 | 1.11 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Sep 30, 2024 | 998,221.00 |
| Jun 30, 2024 | 1.16 Mn |
| Mar 31, 2024 | 4.08 Mn |
| Dec 31, 2023 | 3.60 Mn |
| Sep 30, 2023 | 11.22 Mn |
| Jun 30, 2023 | 7.45 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 22.33 Mn |
| Sep 30, 2022 | 26.22 Mn |
| Jun 30, 2022 | 15.42 Mn |
| Mar 31, 2022 | 18.12 Mn |
| Dec 31, 2021 | 11.73 Mn |
| Sep 30, 2021 | 15.13 Mn |
HCW Biologics Ending Cash Balance 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=ending-cash-balance&ticker=HCWB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "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=ending-cash-balance&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();