MoonLake Immunotherapeutics (MLTX) EBITDA (2021 - 2026)
MoonLake Immunotherapeutics (MLTX) recorded quarterly EBITDA of -$70.0 million in Q1 2026, down 11.63% quarter-over-quarter from -$62.7 million in Q4 2025, and down 61.94% on a YoY basis from -$183.9 million in Q1 2025.
MoonLake Immunotherapeutics (MLTX) EBITDA (2021 - 2026) Analysis & Trends
MoonLake Immunotherapeutics' EBITDA history runs 6 years deep, the most recent figure standing at -$70.0 million for Q1 2026.
- In Q1 2026, EBITDA fell 61.94% year-over-year to -$70.0 million; the TTM figure through Mar 2026 stood at -$261.6 million (down 77.13% YoY), while the FY2025 annual figure was -$234.8 million, down 97.9% from the prior year.
- EBITDA was -$70.0 million for Q1 2026 at MoonLake Immunotherapeutics, down from -$62.7 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$8.1 million in Q3 2023 to a low of -$70.9 million in Q3 2025.
- Historically, EBITDA has averaged -$30.5 million across 5 years, with a median of -$17.3 million in 2022.
- Biggest YoY gain for EBITDA was 68.54% in 2022; the steepest drop was 16491.79% in 2022.
- A 5-year view of EBITDA shows it stood at -$16.9 million in 2022, then soared by 50.29% to -$8.4 million in 2023, then slumped by 425.18% to -$44.2 million in 2024, then sank by 41.87% to -$62.7 million in 2025, then slipped by 11.63% to -$70.0 million in 2026.
- The last three EBITDA figures came in at -$70.0 million (Q1 2026), -$62.7 million (Q4 2025), and -$70.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 788,338.31 Bn | 788,338.28 Bn | - | - |
| 2 | Belite Bio | 56,560.00 Bn | 56,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,329.30 Bn | 17,329.30 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 3,341.00 Bn | 3,340.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Akari Therapeutics | 1,727.91 Bn | 1,727.91 Bn | - | -14.44 Mn |
| 6 | Evaxion A | 1,536.68 Bn | 1,536.67 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 238.34 Bn | 238.33 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 113.42 Bn | 106.17 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 95.45 Bn | 95.45 Bn | - | -65.83 Mn |
| 10 | MoonLake Immunotherapeutics | 1.27 Bn | 910.04 Mn | - | -69.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -69.99 Mn |
| Dec 31, 2025 | -62.70 Mn |
| Sep 30, 2025 | -70.94 Mn |
| Jun 30, 2025 | -57.95 Mn |
| Mar 31, 2025 | -43.22 Mn |
| Dec 31, 2024 | -44.19 Mn |
| Sep 30, 2024 | -36.56 Mn |
| Jun 30, 2024 | -23.70 Mn |
| Mar 31, 2024 | -13.71 Mn |
| Dec 31, 2023 | -8.42 Mn |
| Sep 30, 2023 | -8.14 Mn |
| Jun 30, 2023 | -10.49 Mn |
| Mar 31, 2023 | -9.02 Mn |
| Dec 31, 2022 | -16.93 Mn |
| Sep 30, 2022 | -10.00 Mn |
| Jun 30, 2022 | -17.31 Mn |
| Mar 31, 2022 | -15.61 Mn |
| Dec 31, 2021 | -53.81 Mn |
| Sep 30, 2021 | -6.29 Mn |
| Jun 30, 2021 | -32.69 Mn |