Growth Metrics

Kyverna Therapeutics (KYTX) EBITDA (2023 - 2026)

Kyverna Therapeutics posted quarterly EBITDA of -$39.9 million for Q1 2026, up 10.77% year-on-year from -$36.0 million in Q1 2025, and down 1.63% on a QoQ basis from -$39.3 million in Q4 2025.

Kyverna Therapeutics (KYTX) has 4 years of EBITDA data on file, last reported at -$39.9 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 10.77% year-over-year to -$39.9 million; the trailing twelve-month figure through Mar 2026 stood at -$158.0 million (down 6.12% YoY), and the FY2025 full-year result was -$169.8 million, down 19.09% from the prior year.
  • EBITDA for Q1 2026 stood at -$39.9 million, down from -$39.3 million in the prior quarter.
  • Across five years, EBITDA topped out at -$11.1 million in Q1 2023 and bottomed at -$44.7 million in Q1 2025.
  • The 4-year median for EBITDA is -$34.3 million (2024), against an average of -$30.4 million.
  • The widest annual swing landed in 2024, when EBITDA tumbled 139.98%; it then advanced 10.77% in 2026.
  • A 4-year view of EBITDA shows it stood at -$21.4 million in 2023, then slumped by 91.99% to -$41.0 million in 2024, then grew by 4.29% to -$39.3 million in 2025, then declined by 1.63% to -$39.9 million in 2026.
  • The last three EBITDA figures came in at -$39.9 million (Q1 2026), -$39.3 million (Q4 2025), and -$36.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -13.63 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.14 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 661.60 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 201.19 Mn
10 Kyverna Therapeutics 497.98 Mn 265.03 Mn - -39.92 Mn

Historic Data

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DateValue
Mar 31, 2026 -39.92 Mn
Dec 31, 2025 -39.28 Mn
Sep 30, 2025 -36.74 Mn
Jun 30, 2025 -42.10 Mn
Mar 31, 2025 -44.74 Mn
Dec 31, 2024 -41.04 Mn
Sep 30, 2024 -34.30 Mn
Jun 30, 2024 -28.84 Mn
Mar 31, 2024 -26.70 Mn
Dec 31, 2023 -21.38 Mn
Sep 30, 2023 -15.46 Mn
Jun 30, 2023 -13.08 Mn
Mar 31, 2023 -11.13 Mn