MoonLake Immunotherapeutics (MLTX) Operating Income (2021 - 2026)
MoonLake Immunotherapeutics' (MLTX) quarterly Operating Income came in at -$70.0 million in Q1 2026, down 47.47% year-on-year from -$133.3 million in Q1 2025, and down 7.37% quarter-over-quarter from -$65.2 million in Q4 2025.
MoonLake Immunotherapeutics (MLTX) Operating Income (2021 - 2026) Analysis & Trends
MoonLake Immunotherapeutics' Operating Income history runs 6 years deep, the most recent figure standing at -$70.0 million for Q1 2026.
- On a quarterly basis, Operating Income fell 47.47% year-over-year to -$70.0 million in Q1 2026; TTM through Mar 2026 was -$267.4 million, a 56.58% decrease from a year earlier, with the FY2025 full-year figure at -$244.8 million, down 71.1% from the prior year.
- Operating Income declined to -$70.0 million in Q1 2026 per MLTX's latest filing, from -$65.2 million in the prior quarter.
- Across five years, Operating Income topped out at -$12.9 million in Q1 2023 and bottomed at -$71.4 million in Q3 2025.
- The 5-year median for Operating Income is -$19.8 million (2024), against an average of -$33.9 million.
- Biggest YoY gain for Operating Income was 68.84% in 2022; the steepest drop was 16840.81% in 2022.
- Year by year, Operating Income stood at -$16.7 million in 2022, then gained by 9.99% to -$15.0 million in 2023, then plunged by 229.9% to -$49.6 million in 2024, then plunged by 31.54% to -$65.2 million in 2025, then fell by 7.37% to -$70.0 million in 2026.
- Per Business Quant, the three latest MLTX Operating Income figures stand at -$70.0 million (Q1 2026), -$65.2 million (Q4 2025), and -$71.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 249.90 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 394.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -445.22 Mn |
| 10 | MoonLake Immunotherapeutics | 1.35 Bn | 991.29 Mn | - | -70.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -70.02 Mn |
| Dec 31, 2025 | -65.22 Mn |
| Sep 30, 2025 | -71.43 Mn |
| Jun 30, 2025 | -60.70 Mn |
| Mar 31, 2025 | -47.49 Mn |
| Dec 31, 2024 | -49.58 Mn |
| Sep 30, 2024 | -43.11 Mn |
| Jun 30, 2024 | -30.58 Mn |
| Mar 31, 2024 | -19.82 Mn |
| Dec 31, 2023 | -15.03 Mn |
| Sep 30, 2023 | -12.98 Mn |
| Jun 30, 2023 | -13.19 Mn |
| Mar 31, 2023 | -12.93 Mn |
| Dec 31, 2022 | -16.70 Mn |
| Sep 30, 2022 | -14.77 Mn |
| Jun 30, 2022 | -17.65 Mn |
| Mar 31, 2022 | -15.94 Mn |
| Dec 31, 2021 | -53.58 Mn |
| Sep 30, 2021 | -6.27 Mn |
| Jun 30, 2021 | -32.68 Mn |