Mereo BioPharma (MREO) EBT (2023 - 2026)

Mereo BioPharma's (MREO) quarterly EBT came in at -$6.7 million in Q1 2026, up 47.86% year-on-year from -$4.5 million in Q1 2025, and up 8.6% on a QoQ basis from -$7.4 million in Q4 2025.

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

Mereo BioPharma (MREO) has 4 years of EBT data on file, last reported at -$6.7 million in Q1 2026.

  • On a quarterly basis, EBT rose 47.86% year-over-year to -$6.7 million in Q1 2026; TTM through Mar 2026 was -$35.7 million, a 24.33% increase from a year earlier, with the FY2025 full-year figure at -$41.9 million, up 3.18% from the prior year.
  • EBT for Q1 2026 stood at -$6.7 million, up from -$7.4 million in the prior quarter.
  • Over the last five years, EBT for MREO reached as high as -$1.8 million in Q2 2023 and fell as low as -$15.0 million in Q3 2024.
  • Historically, EBT has averaged -$9.4 million across 4 years, with a median of -$9.0 million in 2024.
  • Across the five-year window, EBT tumbled 599.89% in 2024 and jumped 53.18% in 2025, its largest moves.
  • Year by year, EBT stood at -$9.6 million in 2023, then advanced by 26.92% to -$7.0 million in 2024, then declined by 4.33% to -$7.4 million in 2025, then advanced by 8.6% to -$6.7 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were -$6.7 million in Q1 2026, -$7.4 million in Q4 2025, and -$7.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -36.97 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.31 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 259.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.25 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 831.20 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -26.94 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 438.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -453.82 Mn
10 Mereo BioPharma 229.80 Mn 229.80 Mn - -6.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.72 Mn
Dec 31, 2025 -7.35 Mn
Sep 30, 2025 -7.02 Mn
Jun 30, 2025 -14.62 Mn
Mar 31, 2025 -12.89 Mn
Dec 31, 2024 -7.05 Mn
Sep 30, 2024 -15.00 Mn
Jun 30, 2024 -12.26 Mn
Mar 31, 2024 -8.95 Mn
Dec 31, 2023 -9.64 Mn
Sep 30, 2023 -6.53 Mn
Jun 30, 2023 -1.75 Mn
Mar 31, 2023 -12.08 Mn