Ovid Therapeutics (OVID) Operating Income (2016 - 2026)

Ovid Therapeutics (OVID) reported Operating Income of -$17.8 million for Q1 2026, down 42.2% on a YoY basis from -$30.9 million in Q1 2025, and down 45.17% quarter-over-quarter from -$12.3 million in Q4 2025.

Ovid Therapeutics (OVID) Operating Income (2016 - 2026) Analysis & Trends

Ovid Therapeutics has reported Operating Income for 11 years, with the latest figure at -$17.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 42.2% year-over-year to -$17.8 million; the trailing twelve-month figure through Mar 2026 stood at -$47.7 million (up 16.28% YoY), and the FY2025 full-year result was -$42.4 million, up 31.42% from the prior year.
  • Operating Income for Q1 2026 stood at -$17.8 million, down from -$12.3 million in the prior quarter.
  • The five-year high for Operating Income was -$5.1 million in Q2 2025, with the low at -$20.5 million in Q2 2024.
  • Historically, Operating Income has averaged -$13.9 million across 5 years, with a median of -$13.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Income sank 109.21% — and 2025, when it jumped 75.27%.
  • Ovid Therapeutics' Operating Income stood at -$12.2 million in 2022, then tumbled by 49.41% to -$18.2 million in 2023, then soared by 41.05% to -$10.7 million in 2024, then retreated by 14.65% to -$12.3 million in 2025, then sank by 45.17% to -$17.8 million in 2026.
  • The last three Operating Income figures came in at -$17.8 million (Q1 2026), -$12.3 million (Q4 2025), and -$12.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Ovid Therapeutics 311.83 Mn 156.31 Mn - -17.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -17.85 Mn
Dec 31, 2025 -12.29 Mn
Sep 30, 2025 -12.52 Mn
Jun 30, 2025 -5.07 Mn
Mar 31, 2025 -12.55 Mn
Dec 31, 2024 -10.72 Mn
Sep 30, 2024 -13.23 Mn
Jun 30, 2024 -20.52 Mn
Mar 31, 2024 -17.42 Mn
Dec 31, 2023 -18.19 Mn
Sep 30, 2023 -12.03 Mn
Jun 30, 2023 -14.17 Mn
Mar 31, 2023 -14.89 Mn
Dec 31, 2022 -12.17 Mn
Sep 30, 2022 -12.80 Mn
Jun 30, 2022 -14.30 Mn
Mar 31, 2022 -16.27 Mn
Dec 31, 2021 -26.35 Mn
Sep 30, 2021 -11.68 Mn
Jun 30, 2021 -14.31 Mn