Mereo BioPharma (MREO) Net Income (2023 - 2026)

Mereo BioPharma (MREO) posted quarterly Net Income of -$6.7 million for Q1 2026, up 47.86% year-on-year from -$4.5 million in Q1 2025, and up 62.18% on a QoQ basis from -$17.8 million in Q4 2025.

Mereo BioPharma (MREO) Net Income (2023 - 2026) Analysis & Trends

Mereo BioPharma (MREO) has reported Net Income for 4 consecutive years, with -$6.7 million the latest figure, recorded in Q1 2026.

  • Quarterly Net Income rose 47.86% year-over-year to -$6.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$46.1 million (up 20.55% YoY) and the FY2025 annual result came in at -$52.3 million, up 3.37% from the prior year.
  • Net Income grew to -$6.7 million in Q1 2026 per MREO's latest filing, from -$17.8 million in the prior quarter.
  • Over the last five years, Net Income for MREO reached as high as -$6.5 million in Q3 2023 and fell as low as -$17.9 million in Q4 2024.
  • A 4-year average of -$11.7 million and a median of -$12.2 million in 2023 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2024 — Net Income slumped 129.69% — and 2025, when it surged 53.18%.
  • Year by year, Net Income stood at -$9.1 million in 2023, then slumped by 96.61% to -$17.9 million in 2024, then gained by 0.8% to -$17.8 million in 2025, then jumped by 62.18% to -$6.7 million in 2026.
  • According to Business Quant data, Net Income over the past three periods registered -$6.7 million, -$17.8 million, and -$7.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -37.09 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 727.20 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 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Mereo BioPharma 232.52 Mn 232.52 Mn - -6.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.72 Mn
Dec 31, 2025 -17.77 Mn
Sep 30, 2025 -7.02 Mn
Jun 30, 2025 -14.62 Mn
Mar 31, 2025 -12.89 Mn
Dec 31, 2024 -17.91 Mn
Sep 30, 2024 -15.00 Mn
Jun 30, 2024 -12.26 Mn
Mar 31, 2024 -8.95 Mn
Dec 31, 2023 -9.11 Mn
Sep 30, 2023 -6.53 Mn
Mar 31, 2023 -12.08 Mn