MBX Biosciences (MBX) Net Income (2023 - 2026)

MBX Biosciences' (MBX) quarterly Net Income came in at -$23.5 million in Q1 2026, up 1.52% year-on-year from -$23.2 million in Q1 2025, and down 6.6% quarter-over-quarter from -$22.1 million in Q4 2025.

MBX Biosciences (MBX) Net Income (2023 - 2026) Analysis & Trends

MBX Biosciences has disclosed Net Income across 4 years of filings, most recently posting -$23.5 million for Q1 2026.

  • Net Income for Q1 2026 came in at -$23.5 million, up 1.52% year-over-year; the trailing twelve-month figure through Mar 2026 was -$86.6 million (down 17.89% YoY), and the FY2025 annual result was -$87.0 million, down 40.45% from the prior year.
  • Net Income came in at -$23.5 million for Q1 2026 at MBX Biosciences, down from -$22.1 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of -$8.8 million in Q4 2023 to a low of -$23.9 million in Q1 2025.
  • The 4-year median for Net Income is -$18.1 million (2024), against an average of -$17.4 million.
  • Across the five-year window, Net Income sank 93.56% in 2025 and increased 1.52% in 2026, its largest moves.
  • MBX Biosciences' Net Income stood at -$8.8 million in 2023, then sank by 76.25% to -$15.6 million in 2024, then slumped by 41.55% to -$22.1 million in 2025, then dropped by 6.6% to -$23.5 million in 2026.
  • The last three Net Income figures came in at -$23.5 million (Q1 2026), -$22.1 million (Q4 2025), and -$21.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - -2.97 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn 30.80 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -14.46 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -3.40 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.71 Bn 91.71 Bn - -56.48 Mn
10 MBX Biosciences 1.44 Bn 1.44 Bn - -23.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.52 Mn
Dec 31, 2025 -22.06 Mn
Sep 30, 2025 -21.62 Mn
Jun 30, 2025 -19.41 Mn
Mar 31, 2025 -23.88 Mn
Dec 31, 2024 -15.59 Mn
Sep 30, 2024 -18.14 Mn
Jun 30, 2024 -15.86 Mn
Mar 31, 2024 -12.34 Mn
Dec 31, 2023 -8.84 Mn
Sep 30, 2023 -10.16 Mn