Mereo BioPharma (MREO) Profit After Tax (2023 - 2026)

Mereo BioPharma's (MREO) quarterly Profit After Tax came in at -$8.5 million in Q1 2026, up 34.3% year-on-year from -$6.3 million in Q1 2025, and down 15.18% on a QoQ basis from -$7.4 million in Q4 2025.

Mereo BioPharma (MREO) Profit After Tax (2023 - 2026) Analysis & Trends

Mereo BioPharma (MREO) has 4 years of Profit After Tax data on file, last reported at -$8.5 million in Q1 2026.

  • On a quarterly basis, Profit After Tax rose 34.3% year-over-year to -$8.5 million in Q1 2026; TTM through Mar 2026 was -$39.7 million, a 15.82% increase from a year earlier, with the FY2025 full-year figure at -$41.9 million, up 3.18% from the prior year.
  • Profit After Tax for Q1 2026 stood at -$8.5 million, down from -$7.4 million in the prior quarter.
  • Over the last five years, Profit After Tax for MREO reached as high as -$1.8 million in Q2 2023 and fell as low as -$15.0 million in Q3 2024.
  • Historically, Profit After Tax has averaged -$9.3 million across 4 years, with a median of -$9.0 million in 2024.
  • Across the five-year window, Profit After Tax tumbled 599.89% in 2024 and jumped 38.06% in 2025, its largest moves.
  • Year by year, Profit After Tax stood at -$5.0 million in 2023, then sank by 40.75% to -$7.0 million in 2024, then declined by 4.33% to -$7.4 million in 2025, then decreased by 15.18% to -$8.5 million in 2026.
  • Per Business Quant data, the three most recent Profit After Tax figures were -$8.5 million in Q1 2026, -$7.4 million in Q4 2025, and -$9.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -36.84 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -14.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 227.36 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn -65.60 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 498.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -453.82 Mn
10 Mereo BioPharma 229.80 Mn 229.80 Mn - -8.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.47 Mn
Dec 31, 2025 -7.35 Mn
Sep 30, 2025 -9.29 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 -5.01 Mn
Sep 30, 2023 -6.53 Mn
Jun 30, 2023 -1.75 Mn
Mar 31, 2023 -12.08 Mn