HCW Biologics (HCWB) Operating Margin (2022 - 2026)
HCW Biologics (HCWB) recorded Operating Margin of -2335.57% in Q2 2026, up 50551.10 percentage points from -52886.67% a year earlier.
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Analysis
HCW Biologics (HCWB) Operating Margin (2022 - 2026) Analysis & Trends
On a TTM basis, HCW Biologics' Operating Margin came in at -7786.50% as of Jun 30, 2026, down 6314.20 percentage points year-over-year; for FY2025, it was -24270.74%, down 23123.14 percentage points from FY2024.
- Annual Operating Margin has declined for three straight years, with a five-year change of -24128.67 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -1147.60% in FY2024 (-242.64 pp), -904.96% in FY2023 (-680.65 pp) and -224.32% in FY2022.
- The Q2 2026 figure is the highest quarterly Operating Margin since Q4 2024.
- On a year-over-year basis, Operating Margin rose in two of the last seven quarters, with an average year-over-year change of -10606.00 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 50551.10 percentage points in Q2 2026, against a drop of 50440.86 percentage points in Q2 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 28.21% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 37.86% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | -3.52% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 32.97% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 20.57% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 34.95% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -133.21% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 28.37% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 37.40% |
| 10 | HCW Biologics | 2.27 Mn | -3.96 Mn | -93,887.00 | -2,335.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2,335.57% |
| 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% |
API Access
HCW Biologics Operating Margin 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=operating-margin&ticker=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();