Insmed (INSM) EBT (2010 - 2026)

Insmed (INSM) recorded quarterly EBT of -$162.1 million in Q1 2026, up 50.42% quarter-over-quarter from -$326.9 million in Q4 2025, and up 36.6% on a YoY basis from -$118.7 million in Q1 2025.

Insmed (INSM) EBT (2010 - 2026) Analysis & Trends

Insmed's EBT history runs 17 years deep, the most recent figure standing at -$162.1 million for Q1 2026.

  • In Q1 2026, EBT rose 36.6% year-over-year to -$162.1 million; the TTM figure through Mar 2026 stood at -$1.2 billion (down 16.74% YoY), while the FY2025 annual figure was -$1.3 billion, down 39.74% from the prior year.
  • EBT was -$162.1 million for Q1 2026 at Insmed, up from -$326.9 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$94.2 million in Q1 2022 to a low of -$368.7 million in Q3 2025.
  • Historically, EBT has averaged -$210.1 million across 5 years, with a median of -$185.1 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: EBT slumped 156.75% in 2023, then soared 36.6% in 2026.
  • A 5-year view of EBT shows it stood at -$160.0 million in 2022, then decreased by 15.67% to -$185.1 million in 2023, then slipped by 26.6% to -$234.3 million in 2024, then sank by 39.55% to -$326.9 million in 2025, then jumped by 50.42% to -$162.1 million in 2026.
  • The last three EBT figures came in at -$162.1 million (Q1 2026), -$326.9 million (Q4 2025), and -$368.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - -2.97 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn 19.60 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -15.31 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -3.18 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.25 Bn
9 Abivax 91.71 Bn 91.71 Bn - -56.48 Mn
10 Insmed 19.79 Bn 18.57 Bn 258.54 Mn -162.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -162.10 Mn
Dec 31, 2025 -326.93 Mn
Sep 30, 2025 -368.70 Mn
Jun 30, 2025 -320.44 Mn
Mar 31, 2025 -255.67 Mn
Dec 31, 2024 -234.28 Mn
Sep 30, 2024 -219.51 Mn
Jun 30, 2024 -299.77 Mn
Mar 31, 2024 -156.50 Mn
Dec 31, 2023 -185.06 Mn
Sep 30, 2023 -158.39 Mn
Jun 30, 2023 -244.28 Mn
Mar 31, 2023 -159.28 Mn
Dec 31, 2022 -160.00 Mn
Sep 30, 2022 -130.77 Mn
Jun 30, 2022 -95.14 Mn
Mar 31, 2022 -94.24 Mn
Dec 31, 2021 -113.02 Mn
Sep 30, 2021 -115.29 Mn
Jun 30, 2021 -116.70 Mn