Innate Pharma (IPHA) EBITDA (2019 - 2025)

Innate Pharma posted quarterly EBITDA of -$60.9 million for Q4 2025, down 6.59% year-on-year from -$65.2 million in Q4 2024, and down 111.5% on a QoQ basis from -$28.8 million in Q2 2025.

Innate Pharma (IPHA) has 7 years of EBITDA data on file, last reported at -$60.9 million in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA fell 6.59% year-over-year to -$60.9 million; the trailing twelve-month figure through Dec 2025 stood at -$175.1 million (down 82.4% YoY), and the FY2025 full-year result was -$62.9 million, down 14.07% from the prior year.
  • EBITDA for Q4 2025 stood at -$60.9 million, down from -$28.8 million in the prior quarter.
  • Across five years, EBITDA topped out at $7.5 million in Q2 2021 and bottomed at -$60.9 million in Q4 2025.
  • The 5-year median for EBITDA is -$28.3 million (2024), against an average of -$25.9 million.
  • The widest annual swing landed in 2021, when EBITDA jumped 181.84%; it then slumped 15570.6% in 2023.
  • A 5-year view of EBITDA shows it stood at -$54.7 million in 2021, then soared by 99.88% to -$64574.5 in 2022, then plunged by 15570.6% to -$10.1 million in 2023, then sank by 464.39% to -$57.1 million in 2024, then decreased by 6.59% to -$60.9 million in 2025.
  • The last three EBITDA figures came in at -$60.9 million (Q4 2025), -$28.8 million (Q2 2025), and -$57.1 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Quantum Biopharma 1,638,563.89 Bn 1,638,563.89 Bn - -13.63 Mn
2 Alterity Therapeutics 767,934.24 Bn 767,934.20 Bn - -
3 Legend Biotech 2,937.00 Bn 2,936.10 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,226.01 Bn 2,225.95 Bn - -
5 Akari Therapeutics 2,169.69 Bn 2,169.69 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 110.41 Bn 103.16 Bn 2.59 Bn 1.14 Bn
7 Regeneron Pharmaceuticals 66.44 Bn 57.69 Bn 3.31 Bn 661.60 Mn
8 Evaxion A 65.44 Bn 65.42 Bn - -3.82 Mn
9 Alnylam Pharmaceuticals 39.53 Bn 36.52 Bn 959.66 Mn 201.19 Mn
10 Innate Pharma 199.64 Mn 199.64 Mn - -60.88 Mn

Historic Data

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DateValue
Dec 31, 2025 -60.88 Mn
Jun 30, 2025 -28.78 Mn
Dec 31, 2024 -57.11 Mn
Jun 30, 2024 -28.34 Mn
Dec 31, 2023 -10.12 Mn
Jun 30, 2023 -433,391.91
Dec 31, 2022 -64,574.52
Dec 31, 2021 -54.71 Mn
Jun 30, 2021 7.53 Mn
Dec 31, 2020 -9.05 Mn
Jun 30, 2020 -9.19 Mn
Dec 31, 2019 -28.49 Mn