HCW Biologics HCWB
NASDAQ HCWB
$2.18 +0.06 (+2.83%)
At close: Aug 21, 2026 · 4:00 PM EDT

HCW Biologics (HCWB) Income from Continuing Operations (2020 - 2025)

HCW Biologics' (HCWB) quarterly Income from Continuing Operations came in at 4673950.0 in Q4 2025, down 40.64% YoY from 7873856.08 in Q4 2024, and down 36.7% on a QoQ basis from 3419196.0 in Q3 2025.

HCW Biologics (HCWB) Income from Continuing Operations (2020 - 2025) Analysis & Trends

HCW Biologics (HCWB) has 6 years of Income from Continuing Operations data on file, last reported at 4673950.0 in Q4 2025.

  • Quarterly Income from Continuing Operations fell 40.64% year-over-year to 4673950.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 14007561.0 (up 53.35% YoY) and the FY2025 annual result came in at 40588186.0, up 27.11% from the prior year.
  • Income from Continuing Operations eased to 4673950.0 in Q4 2025, from 3419196.0 in the prior quarter.
  • In the past five years, Income from Continuing Operations ranged from a high of 1894739.0 in Q1 2022 to a low of 15295676.0 in Q2 2024.
  • A 5-year average of 5176813.6 and a median of 4159570.5 in 2021 frame the typical range for Income from Continuing Operations.
  • Annual changes were most pronounced in 2021 — Income from Continuing Operations tumbled 309.53% — and 2025, when it surged 75.86%.
  • Tracing HCWB's Income from Continuing Operations over 5 years: stood at 4236719.0 in 2021, then slumped by 35.99% to 5761713.0 in 2022, then sank by 86.87% to 10766768.0 in 2023, then jumped by 69.13% to 3323352.0 in 2024, then sank by 40.64% to 4673950.0 in 2025.
  • The last three Income from Continuing Operations figures came in at 4673950.0 (Q4 2025), 3419196.0 (Q3 2025), and 3692791.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Income (Continuing) (Qtr)
1 Vertex Pharmaceuticals 139.13 Bn 131.28 Bn 2.84 Bn 1.10 Bn
2 Regeneron Pharmaceuticals 85.77 Bn 77.77 Bn 3.93 Bn 1.30 Bn
3 Argenx Se 64.64 Bn 59.46 Bn 1.37 Bn 482.00 Mn
4 Moderna 58.29 Bn 53.16 Bn 52.00 Mn -782.00 Mn
5 BeOne Medicines 41.92 Bn 36.82 Bn 1.53 Bn 237.01 Mn
6 Alnylam Pharmaceuticals 31.58 Bn 28.28 Bn 992.69 Mn 164.49 Mn
7 BioNTech SE 28.12 Bn 9.73 Bn 668.28 Mn -174.37 Mn
8 Insmed 27.39 Bn 26.22 Bn 358.27 Mn -13.27 Mn
9 Royalty Pharma 27.27 Bn 26.43 Bn - 81.49 Mn
10 HCW Biologics 2.86 Mn 2.11 Mn -93,887.00 -5.22 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.67 Mn
Sep 30, 2025 -3.42 Mn
Jun 30, 2025 -3.69 Mn
Mar 31, 2025 -2.22 Mn
Dec 31, 2024 -3.32 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 -6.88 Mn
Jun 30, 2023 -6.31 Mn
Mar 31, 2023 -5.45 Mn
Dec 31, 2022 -5.76 Mn
Sep 30, 2022 -4.19 Mn
Jun 30, 2022 -3.68 Mn
Mar 31, 2022 -1.89 Mn
Dec 31, 2021 -4.24 Mn
Sep 30, 2021 -4.13 Mn
Jun 30, 2021 -2.79 Mn
Mar 31, 2021 -3.41 Mn