Rapport Therapeutics (RAPP) Operating Income (2023 - 2026)
Rapport Therapeutics' (RAPP) quarterly Operating Income came in at -$24.2 million in Q1 2026, up 10.67% year-on-year from -$21.9 million in Q1 2025, and up 37.12% on a QoQ basis from -$38.5 million in Q4 2025.
Rapport Therapeutics (RAPP) Operating Income (2023 - 2026) Analysis & Trends
Rapport Therapeutics (RAPP) has 4 years of Operating Income data on file, last reported at -$24.2 million in Q1 2026.
- On a quarterly basis, Operating Income rose 10.67% year-over-year to -$24.2 million in Q1 2026; TTM through Mar 2026 was -$122.2 million, a 31.31% decrease from a year earlier, with the FY2025 full-year figure at -$125.1 million, down 50.62% from the prior year.
- Operating Income for Q1 2026 stood at -$24.2 million, up from -$38.5 million in the prior quarter.
- Over the last five years, Operating Income for RAPP reached as high as -$6.6 million in Q2 2023 and fell as low as -$38.5 million in Q4 2025.
- Historically, Operating Income has averaged -$21.9 million across 4 years, with a median of -$22.6 million in 2024.
- Across the five-year window, Operating Income plunged 213.73% in 2024 and rose 10.67% in 2026, its largest moves.
- Year by year, Operating Income stood at -$14.8 million in 2023, then sank by 58.99% to -$23.5 million in 2024, then sank by 63.72% to -$38.5 million in 2025, then surged by 37.12% to -$24.2 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$24.2 million in Q1 2026, -$38.5 million in Q4 2025, and -$30.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 249.90 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.72 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 493.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -445.22 Mn |
| 10 | Rapport Therapeutics | 1.95 Bn | 1.95 Bn | - | -24.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.22 Mn |
| Dec 31, 2025 | -38.51 Mn |
| Sep 30, 2025 | -29.99 Mn |
| Jun 30, 2025 | -29.50 Mn |
| Mar 31, 2025 | -27.11 Mn |
| Dec 31, 2024 | -23.52 Mn |
| Sep 30, 2024 | -21.64 Mn |
| Jun 30, 2024 | -20.80 Mn |
| Mar 31, 2024 | -17.09 Mn |
| Dec 31, 2023 | -14.79 Mn |
| Sep 30, 2023 | -9.56 Mn |
| Jun 30, 2023 | -6.63 Mn |