MBX Biosciences MBX
NASDAQ MBX
$61.23 -0.19 (-0.31%)
As of: Sep 4, 2026 · 1:30 PM EDT

MBX Biosciences (MBX) EBITDA (2023 - 2026)

MBX Biosciences (MBX) posted EBITDA of -$27.3 million for Q1 2026, down 5.7% sequentially from -$25.8 million in Q4 2025, and down 2.77% YoY from -$28.0 million in Q1 2025.

Analysis

MBX Biosciences (MBX) EBITDA (2023 - 2026) Analysis & Trends

MBX Biosciences has reported EBITDA for 4 years, with the latest figure at -$27.3 million in Q1 2026.

  • Quarterly EBITDA fell 2.77% year-over-year to -$27.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$98.8 million (down 21.35% YoY) and the FY2025 annual result came in at -$98.1 million, down 43.79% from the prior year.
  • EBITDA declined to -$27.3 million in Q1 2026 per MBX's latest filing, from -$25.8 million in the prior quarter.
  • Over five years, EBITDA peaked at -$10.0 million in Q4 2023 and troughed at -$27.3 million in Q1 2026.
  • A 4-year average of -$19.5 million and a median of -$19.6 million in 2024 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2025 and 2026: EBITDA tumbled 99.26% in 2025, then declined 2.77% in 2026.
  • Over 4 years, EBITDA stood at -$10.0 million in 2023, then plunged by 86.27% to -$18.6 million in 2024, then plunged by 38.61% to -$25.8 million in 2025, then declined by 5.7% to -$27.3 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$27.3 million, -$25.8 million, and -$23.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 139.27 Bn 131.42 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.55 Bn 77.56 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.45 Bn 58.27 Bn 1.37 Bn 493.00 Mn
4 Moderna 57.73 Bn 52.59 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.08 Bn 44.08 Bn - -505.13 Mn
6 BeOne Medicines 39.95 Bn 34.85 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.14 Bn 31.84 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.44 Bn 27.60 Bn - 133.12 Mn
9 Insmed 27.32 Bn 26.16 Bn 358.27 Mn -1.55 Mn
10 MBX Biosciences 2.92 Bn 2.92 Bn - -40.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -40.93 Mn
Mar 31, 2026 -27.27 Mn
Dec 31, 2025 -25.80 Mn
Sep 30, 2025 -23.93 Mn
Jun 30, 2025 -21.81 Mn
Mar 31, 2025 -26.53 Mn
Dec 31, 2024 -18.61 Mn
Sep 30, 2024 -19.61 Mn
Jun 30, 2024 -16.66 Mn
Mar 31, 2024 -13.31 Mn
Dec 31, 2023 -9.99 Mn
Sep 30, 2023 -10.95 Mn