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
DateValue
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