HCW Biologics (HCWB) Revenue (2022 - 2025)
HCW Biologics' (HCWB) quarterly Revenue came in at $27010.0 in Q4 2025, down 93.16% YoY from $394804.0 in Q4 2024, and up 73.07% on a QoQ basis from $15606.0 in Q3 2025.
HCW Biologics (HCWB) Revenue (2022 - 2025) Analysis & Trends
HCW Biologics (HCWB) has 4 years of Revenue data on file, last reported at $27010.0 in Q4 2025.
- Quarterly Revenue fell 93.16% year-over-year to $27010.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $54231.0 (down 97.89% YoY) and the FY2025 annual result came in at $54232.0, down 97.89% from the prior year.
- Revenue improved to $27010.0 in Q4 2025, from $15606.0 in the prior quarter.
- In the past five years, Revenue ranged from a high of $3.1 million in Q1 2022 to a low of $5065.0 in Q1 2025.
- A 4-year average of $761556.8 and a median of $536427.0 in 2022 frame the typical range for Revenue.
- Annual changes were most pronounced in 2024 — Revenue jumped 2590.14% — and 2025, when it tumbled 99.55%.
- Tracing HCWB's Revenue over 4 years: stood at $1.3 million in 2022, then slipped by 1.31% to $1.3 million in 2023, then tumbled by 70.18% to $394804.0 in 2024, then sank by 93.16% to $27010.0 in 2025.
- The last three Revenue figures came in at $27010.0 (Q4 2025), $15606.0 (Q3 2025), and $6550.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 3.33 Bn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 4.29 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 1.52 Bn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 145.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 1.71 Bn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 1.29 Bn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 1.06 Bn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 425.49 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 674.14 Mn |
| 10 | HCW Biologics | 2.86 Mn | 2.11 Mn | -93,887.00 | 135,568.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 27,010.00 |
| Sep 30, 2025 | 15,606.00 |
| Jun 30, 2025 | 6,550.00 |
| Mar 31, 2025 | 5,065.00 |
| Dec 31, 2024 | 394,804.00 |
| Sep 30, 2024 | 426,423.00 |
| Jun 30, 2024 | 618,854.00 |
| Mar 31, 2024 | 1.13 Mn |
| Dec 31, 2023 | 1.32 Mn |
| Sep 30, 2023 | 853,102.00 |
| Jun 30, 2023 | 622,807.00 |
| Mar 31, 2023 | 41,883.00 |
| Dec 31, 2022 | 1.34 Mn |
| Sep 30, 2022 | 1.81 Mn |
| Jun 30, 2022 | 454,000.00 |
| Mar 31, 2022 | 3.12 Mn |