MoonLake Immunotherapeutics (MLTX) EBT (2021 - 2026)

MoonLake Immunotherapeutics' (MLTX) quarterly EBT came in at -$69.1 million in Q1 2026, down 70.98% year-on-year from -$238.0 million in Q1 2025, and down 10.06% quarter-over-quarter from -$62.8 million in Q4 2025.

MoonLake Immunotherapeutics (MLTX) EBT (2021 - 2026) Analysis & Trends

MoonLake Immunotherapeutics' EBT history runs 6 years deep, the most recent figure standing at -$69.1 million for Q1 2026.

  • On a quarterly basis, EBT fell 70.98% year-over-year to -$69.1 million in Q1 2026; TTM through Mar 2026 was -$258.4 million, a 75.22% decrease from a year earlier, with the FY2025 full-year figure at -$229.7 million, down 89.9% from the prior year.
  • EBT declined to -$69.1 million in Q1 2026 per MLTX's latest filing, from -$62.8 million in the prior quarter.
  • Across five years, EBT topped out at -$7.8 million in Q4 2023 and bottomed at -$70.6 million in Q3 2025.
  • The 5-year median for EBT is -$17.4 million (2022), against an average of -$31.1 million.
  • Biggest YoY gain for EBT was 69.32% in 2022; the steepest drop was 20705.61% in 2022.
  • Year by year, EBT stood at -$16.5 million in 2022, then soared by 52.34% to -$7.8 million in 2023, then sank by 491.0% to -$46.4 million in 2024, then plunged by 35.41% to -$62.8 million in 2025, then retreated by 10.06% to -$69.1 million in 2026.
  • Per Business Quant, the three latest MLTX EBT figures stand at -$69.1 million (Q1 2026), -$62.8 million (Q4 2025), and -$70.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -36.97 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 259.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.49 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.25 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 831.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 541.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 MoonLake Immunotherapeutics 1.38 Bn 1.02 Bn - -69.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -69.09 Mn
Dec 31, 2025 -62.77 Mn
Sep 30, 2025 -70.58 Mn
Jun 30, 2025 -55.96 Mn
Mar 31, 2025 -40.41 Mn
Dec 31, 2024 -46.35 Mn
Sep 30, 2024 -36.02 Mn
Jun 30, 2024 -24.68 Mn
Mar 31, 2024 -13.91 Mn
Dec 31, 2023 -7.84 Mn
Sep 30, 2023 -11.59 Mn
Jun 30, 2023 -12.34 Mn
Mar 31, 2023 -12.21 Mn
Dec 31, 2022 -16.46 Mn
Sep 30, 2022 -14.73 Mn
Jun 30, 2022 -17.41 Mn
Mar 31, 2022 -15.87 Mn
Dec 31, 2021 -53.64 Mn
Sep 30, 2021 -6.29 Mn
Jun 30, 2021 -32.69 Mn