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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |