Mereo BioPharma MREO
NASDAQ MREO
$0.24 +0.00 (+0.87%)
At close: Sep 10, 2026 · 4:00 PM EDT

Mereo BioPharma (MREO) EBITDA (2023 - 2026)

Mereo BioPharma's (MREO) quarterly EBITDA came in at -$7.0 million in Q2 2026, up 33.04% year-over-year from -$5.3 million in Q2 2025, and up 19.8% quarter-over-quarter from -$8.8 million in Q1 2026.

Analysis

Mereo BioPharma (MREO) EBITDA (2023 - 2026) Analysis & Trends

Mereo BioPharma (MREO) has reported EBITDA for 4 consecutive years, with -$7.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA rose 33.04% year-over-year to -$7.0 million in Q2 2026; TTM through Jun 2026 was -$34.2 million, a 26.21% increase from a year earlier, with the FY2025 full-year figure at -$40.1 million, up 15.32% from the prior year.
  • EBITDA was -$7.0 million for Q2 2026 at Mereo BioPharma, up from -$8.8 million in the prior quarter.
  • Over five years, EBITDA peaked at -$811000.0 in Q2 2023 and troughed at -$15.3 million in Q4 2024.
  • A 4-year average of -$9.4 million and a median of -$9.6 million in 2024 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA plunged 1480.02% in 2024 and jumped 45.07% in 2025, its largest moves.
  • Over 4 years, EBITDA stood at -$7.1 million in 2023, then tumbled by 114.3% to -$15.3 million in 2024, then surged by 45.07% to -$8.4 million in 2025, then gained by 16.21% to -$7.0 million in 2026.
  • The last three EBITDA figures came in at -$7.0 million (Q2 2026), -$8.8 million (Q1 2026), and -$8.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 3.51 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn -10.39 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 1.25 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 1.29 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn 493.00 Mn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn -815.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 231.44 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn -644.50 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn -365.99 Mn
10 Mereo BioPharma 38.92 Mn 38.92 Mn - -7.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -7.03 Mn
Mar 31, 2026 -8.77 Mn
Dec 31, 2025 -8.39 Mn
Sep 30, 2025 -10.02 Mn
Jun 30, 2025 -10.50 Mn
Mar 31, 2025 -11.20 Mn
Dec 31, 2024 -15.28 Mn
Sep 30, 2024 -9.37 Mn
Jun 30, 2024 -12.81 Mn
Mar 31, 2024 -9.90 Mn
Dec 31, 2023 -7.13 Mn
Sep 30, 2023 -9.07 Mn
Jun 30, 2023 -811,000.00
Mar 31, 2023 -11.41 Mn