Kodiak Sciences (KOD) Operating Income (2017 - 2026)

Kodiak Sciences (KOD) posted Operating Income of -$59.8 million for Q1 2026, down 4.05% on a QoQ basis from -$57.5 million in Q4 2025, and down 1.19% year-over-year from -$60.5 million in Q1 2025.

Kodiak Sciences (KOD) Operating Income (2017 - 2026) Analysis & Trends

Kodiak Sciences' Operating Income history runs 10 years deep, the most recent figure standing at -$59.8 million for Q1 2026.

  • Quarterly Operating Income fell 1.19% year-over-year to -$59.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$235.1 million (down 17.62% YoY) and the FY2025 annual result came in at -$234.4 million, down 25.44% from the prior year.
  • Operating Income was -$59.8 million for Q1 2026 at Kodiak Sciences, down from -$57.5 million in the prior quarter.
  • Across five years, Operating Income topped out at -$46.1 million in Q1 2024 and bottomed at -$95.8 million in Q1 2022.
  • A 5-year average of -$64.7 million and a median of -$59.8 million in 2026 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2022 — Operating Income slumped 89.42% — and 2024, when it surged 43.44%.
  • Kodiak Sciences' Operating Income stood at -$74.1 million in 2022, then climbed by 14.44% to -$63.4 million in 2023, then climbed by 27.13% to -$46.2 million in 2024, then dropped by 24.41% to -$57.5 million in 2025, then dropped by 4.05% to -$59.8 million in 2026.
  • Business Quant data shows KOD's Operating Income at -$59.8 million in Q1 2026, -$57.5 million in Q4 2025, and -$62.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Kodiak Sciences 2.56 Bn 2.56 Bn - -59.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -59.78 Mn
Dec 31, 2025 -57.45 Mn
Sep 30, 2025 -62.35 Mn
Jun 30, 2025 -55.51 Mn
Mar 31, 2025 -59.07 Mn
Dec 31, 2024 -46.18 Mn
Sep 30, 2024 -46.63 Mn
Jun 30, 2024 -47.98 Mn
Mar 31, 2024 -46.06 Mn
Dec 31, 2023 -63.37 Mn
Sep 30, 2023 -54.50 Mn
Jun 30, 2023 -84.83 Mn
Mar 31, 2023 -74.62 Mn
Dec 31, 2022 -74.07 Mn
Sep 30, 2022 -79.48 Mn
Jun 30, 2022 -92.07 Mn
Mar 31, 2022 -95.77 Mn
Dec 31, 2021 -93.05 Mn
Sep 30, 2021 -67.54 Mn
Jun 30, 2021 -55.91 Mn