MBX Biosciences (MBX) EBITDA (2023 - 2026)
MBX Biosciences' (MBX) quarterly EBITDA came in at -$24.4 million in Q1 2026, down 2.21% year-on-year from -$25.0 million in Q1 2025, and down 11.3% quarter-over-quarter from -$21.9 million in Q4 2025.
MBX Biosciences (MBX) EBITDA (2023 - 2026) Analysis & Trends
MBX Biosciences has disclosed EBITDA across 4 years of filings, most recently posting -$24.4 million for Q1 2026.
- EBITDA for Q1 2026 came in at -$24.4 million, down 2.21% year-over-year; the trailing twelve-month figure through Mar 2026 was -$87.3 million (down 18.88% YoY), and the FY2025 annual result was -$86.7 million, down 40.07% from the prior year.
- EBITDA came in at -$24.4 million for Q1 2026 at MBX Biosciences, down from -$21.9 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$8.8 million in Q4 2023 to a low of -$24.4 million in Q1 2026.
- The 4-year median for EBITDA is -$18.0 million (2024), against an average of -$17.5 million.
- Across the five-year window, EBITDA tumbled 92.6% in 2025 and retreated 2.21% in 2026, its largest moves.
- MBX Biosciences' EBITDA stood at -$8.8 million in 2023, then sank by 77.85% to -$15.6 million in 2024, then plunged by 40.24% to -$21.9 million in 2025, then fell by 11.3% to -$24.4 million in 2026.
- The last three EBITDA figures came in at -$24.4 million (Q1 2026), -$21.9 million (Q4 2025), and -$21.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | -14.44 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -65.83 Mn |
| 10 | MBX Biosciences | 1.44 Bn | 1.44 Bn | - | -24.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.41 Mn |
| Dec 31, 2025 | -21.93 Mn |
| Sep 30, 2025 | -21.48 Mn |
| Jun 30, 2025 | -19.45 Mn |
| Mar 31, 2025 | -23.88 Mn |
| Dec 31, 2024 | -15.64 Mn |
| Sep 30, 2024 | -18.02 Mn |
| Jun 30, 2024 | -15.87 Mn |
| Mar 31, 2024 | -12.40 Mn |
| Dec 31, 2023 | -8.79 Mn |
| Sep 30, 2023 | -10.15 Mn |