HCW Biologics HCWB
NASDAQ HCWB
$2.12 -0.18 (-7.83%)
At close: Aug 20, 2026 · 4:00 PM EDT

HCW Biologics (HCWB) Operating Margin (2022 - 2025)

HCW Biologics' (HCWB) quarterly Operating Margin came in at 16519.15% in Q4 2025, down 1572192.0% YoY from N/an in Q4 2024, and up 21.69% on a QoQ basis from 21095.26% in Q3 2025.

HCW Biologics (HCWB) Operating Margin (2022 - 2025) Analysis & Trends

HCW Biologics (HCWB) has 4 years of Operating Margin data on file, last reported at 16519.15% in Q4 2025.

  • Quarterly Operating Margin fell 1572192.0% year-over-year to 16519.15% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 24310.5% (down 2316270.0% YoY) and the FY2025 annual result came in at 24270.74%, down 2312314.0% from the prior year.
  • Operating Margin advanced to 16519.15% in Q4 2025, from 21095.26% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 60.33% in Q1 2022 to a low of 52886.67% in Q2 2025.
  • A 4-year average of 9405.92% and a median of 805.27% in 2023 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2024 — Operating Margin surged 1213382 bps — and 2025, when it plunged 5044086 bps.
  • Tracing HCWB's Operating Margin over 4 years: stood at 422.45% in 2022, then slumped by 93 bps to 813.31% in 2023, then gained by 2 bps to 797.23% in 2024, then plunged by 1972 bps to 16519.15% in 2025.
  • The last three Operating Margin figures came in at 16519.15% (Q4 2025), 21095.26% (Q3 2025), and 52886.67% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vertex Pharmaceuticals 137.11 Bn 129.26 Bn 2.84 Bn 37.40%
2 Regeneron Pharmaceuticals 84.98 Bn 76.99 Bn 3.93 Bn 30.15%
3 Argenx Se 64.52 Bn 59.33 Bn 1.37 Bn 32.54%
4 Moderna 53.23 Bn 48.09 Bn 52.00 Mn -562.07%
5 BeOne Medicines 41.23 Bn 36.14 Bn 1.53 Bn 19.06%
6 Alnylam Pharmaceuticals 30.65 Bn 27.34 Bn 992.69 Mn 17.93%
7 Insmed 27.15 Bn 25.99 Bn 358.27 Mn -0.36%
8 Royalty Pharma 26.98 Bn 26.14 Bn - 19.75%
9 BioNTech SE 26.78 Bn 8.39 Bn 668.28 Mn -35.57%
10 HCW Biologics 2.93 Mn 2.19 Mn -93,887.00 -2,335.57%

Historic Data

Download Data
DateValue
Dec 31, 2025 -16,519.15%
Sep 30, 2025 -21,095.26%
Jun 30, 2025 -52,886.67%
Mar 31, 2025 -38,811.49%
Dec 31, 2024 -797.23%
Sep 30, 2024 -864.06%
Jun 30, 2024 -2,445.81%
Mar 31, 2024 -665.09%
Dec 31, 2023 -813.31%
Sep 30, 2023 -595.23%
Jun 30, 2023 -724.22%
Mar 31, 2023 -12,798.92%
Dec 31, 2022 -422.45%
Sep 30, 2022 -222.20%
Jun 30, 2022 -773.36%
Mar 31, 2022 -60.33%