MBX Biosciences (MBX) Operating Income (2023 - 2026)
MBX Biosciences (MBX) reported Operating Income of -$27.3 million for Q1 2026, down 2.77% on a YoY basis from -$28.0 million in Q1 2025, and down 5.7% sequentially from -$25.8 million in Q4 2025.
MBX Biosciences (MBX) Operating Income (2023 - 2026) Analysis & Trends
MBX Biosciences (MBX) has 4 years of Operating Income data on file, last reported at -$27.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 2.77% year-over-year to -$27.3 million; the trailing twelve-month figure through Mar 2026 stood at -$98.8 million (down 21.35% YoY), and the FY2025 full-year result was -$98.1 million, down 43.79% from the prior year.
- Operating Income declined to -$27.3 million in Q1 2026, from -$25.8 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$10.0 million in Q4 2023 to a low of -$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 Operating Income.
- Across the five-year window, Operating Income sank 99.26% in 2025 and slipped 2.77% in 2026, its largest moves.
- Tracing MBX's Operating Income over 4 years: stood at -$10.0 million in 2023, then sank by 86.27% to -$18.6 million in 2024, then sank by 38.61% to -$25.8 million in 2025, then decreased by 5.7% to -$27.3 million in 2026.
- Business Quant data shows MBX's Operating Income at -$27.3 million in Q1 2026, -$25.8 million in Q4 2025, and -$23.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 249.90 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.72 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 493.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -445.22 Mn |
| 10 | MBX Biosciences | 2.96 Bn | 2.96 Bn | - | -27.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |