Northwest Biotherapeutics (NWBO) Operating Income (2010 - 2026)

Northwest Biotherapeutics' (NWBO) quarterly Operating Income came in at -$10.9 million in Q1 2026, up 37.03% year-on-year from -$8.0 million in Q1 2025, and up 19.28% quarter-over-quarter from -$13.5 million in Q4 2025.

Northwest Biotherapeutics (NWBO) Operating Income (2010 - 2026) Analysis & Trends

Northwest Biotherapeutics' Operating Income history runs 17 years deep, the most recent figure standing at -$10.9 million for Q1 2026.

  • On a quarterly basis, Operating Income rose 37.03% year-over-year to -$10.9 million in Q1 2026; TTM through Mar 2026 was -$53.5 million, a 21.41% increase from a year earlier, with the FY2025 full-year figure at -$59.9 million, up 9.91% from the prior year.
  • Operating Income improved to -$10.9 million in Q1 2026 per NWBO's latest filing, from -$13.5 million in the prior quarter.
  • Across five years, Operating Income topped out at -$10.9 million in Q1 2026 and bottomed at -$21.1 million in Q2 2022.
  • The 5-year median for Operating Income is -$14.8 million (2024), against an average of -$15.3 million.
  • Biggest YoY gain for Operating Income was 37.22% in 2022; the steepest drop was 70.27% in 2022.
  • Year by year, Operating Income stood at -$18.2 million in 2022, then advanced by 16.7% to -$15.1 million in 2023, then fell by 22.17% to -$18.5 million in 2024, then increased by 27.0% to -$13.5 million in 2025, then gained by 19.28% to -$10.9 million in 2026.
  • Per Business Quant, the three latest NWBO Operating Income figures stand at -$10.9 million (Q1 2026), -$13.5 million (Q4 2025), and -$14.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 67,342.66 Bn 67,342.38 Bn - -27.75 Mn
2 Nanobiotix 1,887.92 Bn 1,887.86 Bn - -
3 BeOne Medicines 471.75 Bn 466.96 Bn 1.35 Bn 249.90 Mn
4 Vertex Pharmaceuticals 122.57 Bn 115.32 Bn 2.59 Bn 1.14 Bn
5 Regeneron Pharmaceuticals 69.18 Bn 60.43 Bn 3.31 Bn 642.90 Mn
6 Belite Bio 61.55 Bn 61.55 Bn - -32.68 Mn
7 Argenx Se 56.68 Bn 51.50 Bn 1.41 Bn 493.00 Mn
8 Revolution Medicines 37.83 Bn 37.83 Bn - -445.22 Mn
9 Alnylam Pharmaceuticals 36.81 Bn 33.80 Bn 959.66 Mn 268.64 Mn
10 Northwest Biotherapeutics 253,653.43 -1.53 Mn - -10.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.90 Mn
Dec 31, 2025 -13.50 Mn
Sep 30, 2025 -14.32 Mn
Jun 30, 2025 -14.78 Mn
Mar 31, 2025 -17.31 Mn
Dec 31, 2024 -18.50 Mn
Sep 30, 2024 -14.80 Mn
Jun 30, 2024 -17.46 Mn
Mar 31, 2024 -15.74 Mn
Dec 31, 2023 -15.14 Mn
Sep 30, 2023 -13.83 Mn
Jun 30, 2023 -13.58 Mn
Mar 31, 2023 -12.96 Mn
Dec 31, 2022 -18.18 Mn
Sep 30, 2022 -15.62 Mn
Jun 30, 2022 -21.10 Mn
Mar 31, 2022 -12.29 Mn
Dec 31, 2021 -10.68 Mn
Sep 30, 2021 -10.05 Mn
Jun 30, 2021 -12.41 Mn