Immuneering (IMRX) EBITDA (2020 - 2026)

Immuneering (IMRX) recorded quarterly EBITDA of -$13.8 million in Q1 2026, down 19.87% quarter-over-quarter from -$11.5 million in Q4 2025, and up 8.39% on a YoY basis from -$12.7 million in Q1 2025.

Immuneering (IMRX) EBITDA (2020 - 2026) Analysis & Trends

Immuneering's EBITDA history runs 7 years deep, the most recent figure standing at -$13.8 million for Q1 2026.

  • In Q1 2026, EBITDA rose 8.39% year-over-year to -$13.8 million; the TTM figure through Mar 2026 stood at -$54.7 million (up 11.48% YoY), while the FY2025 annual figure was -$55.9 million, up 8.34% from the prior year.
  • EBITDA was -$13.8 million for Q1 2026 at Immuneering, down from -$11.5 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$11.5 million in Q4 2025 to a low of -$18.1 million in Q4 2024.
  • Historically, EBITDA has averaged -$13.8 million across 5 years, with a median of -$13.8 million in 2026.
  • The sharpest annual moves came in 2022 and 2025: EBITDA plunged 108.92% in 2022, then jumped 36.33% in 2025.
  • A 5-year view of EBITDA shows it stood at -$13.1 million in 2022, then fell by 14.9% to -$15.1 million in 2023, then slipped by 19.68% to -$18.1 million in 2024, then surged by 36.33% to -$11.5 million in 2025, then declined by 19.87% to -$13.8 million in 2026.
  • The last three EBITDA figures came in at -$13.8 million (Q1 2026), -$11.5 million (Q4 2025), and -$15.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -26.92 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - -13.63 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -19.70 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -14.44 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -3.82 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -752,618.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.71 Bn 91.71 Bn - -65.83 Mn
10 Immuneering 255.40 Mn 255.40 Mn - -13.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.78 Mn
Dec 31, 2025 -11.50 Mn
Sep 30, 2025 -14.96 Mn
Jun 30, 2025 -14.43 Mn
Mar 31, 2025 -15.05 Mn
Dec 31, 2024 -18.06 Mn
Sep 30, 2024 -14.59 Mn
Jun 30, 2024 -14.08 Mn
Mar 31, 2024 -14.31 Mn
Dec 31, 2023 -15.09 Mn
Sep 30, 2023 -12.59 Mn
Jun 30, 2023 -12.19 Mn
Mar 31, 2023 -13.57 Mn
Dec 31, 2022 -13.13 Mn
Sep 30, 2022 -12.81 Mn
Jun 30, 2022 -11.54 Mn
Mar 31, 2022 -13.01 Mn
Dec 31, 2021 -10.83 Mn
Sep 30, 2021 -8.54 Mn
Jun 30, 2021 -7.99 Mn