Mustang Bio (MBIO) Operating Income (2015 - 2026)
Mustang Bio (MBIO) posted Operating Income of -$1.17 million for Q2 2026, compared with -$885,000 a year earlier.
Powered by 
Analysis
Mustang Bio (MBIO) Operating Income (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Mustang Bio was -$3.52 million; for FY2025, it came in at -$2.43 million.
- In prior years, Mustang Bio's Operating Income was -$16.25 million in FY2024, -$49.26 million in FY2023, -$76.16 million in FY2022 and -$66.72 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Operating Income since Q3 2024.
- According to Business Quant data, Operating Income for the three prior quarters was -$1.06 million (Q1 2026), -$670,000 (Q4 2025) and -$624,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 8.41 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 6.18 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 6.27 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 5.56 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 4.39 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 3.71 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 3.46 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 5.47 Bn |
| 10 | Mustang Bio | 3.03 Mn | -60.03 Mn | - | -1.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.06 Mn |
| Jun 30, 2026 | -1.17 Mn |
| Mar 31, 2026 | -1.06 Mn |
| Dec 31, 2025 | -670,000.00 |
| Sep 30, 2025 | -624,000.00 |
| Jun 30, 2025 | -885,000.00 |
| Mar 31, 2025 | -253,000.00 |
| Dec 31, 2024 | -1.02 Mn |
| Sep 30, 2024 | -1.46 Mn |
| Jun 30, 2024 | -8.54 Mn |
| Mar 31, 2024 | -5.23 Mn |
| Dec 31, 2023 | -8.74 Mn |
| Sep 30, 2023 | -10.31 Mn |
| Jun 30, 2023 | -13.89 Mn |
| Mar 31, 2023 | -16.32 Mn |
| Dec 31, 2022 | -19.43 Mn |
| Sep 30, 2022 | -18.85 Mn |
| Jun 30, 2022 | -18.24 Mn |
| Mar 31, 2022 | -19.64 Mn |
| Dec 31, 2021 | -20.12 Mn |
API Access
Mustang Bio Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MBIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MBIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MBIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();