Lipocine LPCN
NASDAQ LPCN
$2.09 +0.04 (+1.95%)
At close: Aug 20, 2026 · 4:00 PM EDT

Lipocine (LPCN) EBIT (2012 - 2025)

Lipocine's (LPCN) quarterly EBIT came in at -$3.4 million in Q3 2025, down 27.77% YoY from -$4.7 million in Q3 2024, and down 39.79% on a QoQ basis from -$2.4 million in Q2 2025.

Lipocine (LPCN) EBIT (2012 - 2025) Analysis & Trends

Lipocine (LPCN) has 14 years of EBIT data on file, last reported at -$3.4 million in Q3 2025.

  • Quarterly EBIT fell 27.77% year-over-year to -$3.4 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$6.3 million (down 19.2% YoY) and the FY2024 annual result came in at -$1.2 million, up 93.56% from the prior year.
  • EBIT eased to -$3.4 million in Q3 2025, from -$2.4 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $12.8 million in Q4 2021 to a low of -$7.0 million in Q3 2023.
  • A 5-year average of -$1.9 million and a median of -$3.0 million in 2021 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2021 — EBIT soared 366.24% — and 2025, when it sank 164.86%.
  • Tracing LPCN's EBIT over 5 years: stood at $12.8 million in 2021, then sank by 120.03% to -$2.6 million in 2022, then retreated by 1.27% to -$2.6 million in 2023, then soared by 159.59% to $1.5 million in 2024, then plunged by 317.48% to -$3.4 million in 2025.
  • The last three EBIT figures came in at -$3.4 million (Q3 2025), -$2.4 million (Q2 2025), and -$2.1 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Vertex Pharmaceuticals 137.11 Bn 129.26 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 84.98 Bn 76.99 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 64.52 Bn 59.33 Bn 1.37 Bn 493.00 Mn
4 Moderna 53.23 Bn 48.09 Bn 52.00 Mn -815.00 Mn
5 BeOne Medicines 41.23 Bn 36.14 Bn 1.53 Bn 325.05 Mn
6 Alnylam Pharmaceuticals 30.65 Bn 27.34 Bn 992.69 Mn 231.44 Mn
7 Insmed 27.15 Bn 25.99 Bn 358.27 Mn -1.55 Mn
8 Royalty Pharma 26.98 Bn 26.14 Bn - 133.12 Mn
9 BioNTech SE 26.78 Bn 8.39 Bn 668.28 Mn -375.75 Mn
10 Lipocine 11.34 Mn -12.57 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -3.36 Mn
Jun 30, 2025 -2.40 Mn
Mar 31, 2025 -2.09 Mn
Dec 31, 2024 1.55 Mn
Sep 30, 2024 -2.63 Mn
Jun 30, 2024 -3.29 Mn
Mar 31, 2024 3.22 Mn
Dec 31, 2023 -2.59 Mn
Sep 30, 2023 -7.04 Mn
Jun 30, 2023 -3.96 Mn
Mar 31, 2023 -4.34 Mn
Dec 31, 2022 -2.56 Mn
Sep 30, 2022 -2.90 Mn
Jun 30, 2022 -3.53 Mn
Mar 31, 2022 -3.13 Mn
Dec 31, 2021 12.78 Mn
Sep 30, 2021 -3.53 Mn
Jun 30, 2021 -2.99 Mn
Mar 31, 2021 -3.11 Mn
Dec 31, 2020 -4.80 Mn