Replimune (REPL) EBITDA (2017 - 2025)
Replimune's (REPL) quarterly EBITDA came in at -$71.9 million in Q4 2025, down 8.86% year-on-year from -$78.9 million in Q4 2024, and up 14.74% quarter-over-quarter from -$84.3 million in Q3 2025.
Replimune (REPL) EBITDA (2017 - 2025) Analysis & Trends
Replimune has disclosed EBITDA across 9 years of filings, most recently posting -$71.9 million for Q4 2025.
- EBITDA for Q4 2025 came in at -$71.9 million, down 8.86% year-over-year; the trailing twelve-month figure through Dec 2025 was -$325.9 million (down 35.2% YoY), and the FY2025 annual result was -$261.6 million, down 11.44% from the prior year.
- EBITDA came in at -$71.9 million for Q4 2025 at Replimune, up from -$84.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$22.2 million in Q1 2021 to a low of -$90.4 million in Q2 2025.
- The 5-year median for EBITDA is -$56.1 million (2023), against an average of -$53.0 million.
- Across the five-year window, EBITDA plunged 65.67% in 2023 and grew 7.7% in 2024, its largest moves.
- Replimune's EBITDA stood at -$29.7 million in 2021, then tumbled by 40.18% to -$41.6 million in 2022, then sank by 35.82% to -$56.5 million in 2023, then decreased by 16.77% to -$66.0 million in 2024, then declined by 8.86% to -$71.9 million in 2025.
- The last three EBITDA figures came in at -$71.9 million (Q4 2025), -$84.3 million (Q3 2025), and -$90.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | -14.44 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -65.83 Mn |
| 10 | Replimune | 780.01 Mn | 510.88 Mn | - | -71.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -71.87 Mn |
| Sep 30, 2025 | -84.29 Mn |
| Jun 30, 2025 | -90.42 Mn |
| Mar 31, 2025 | -79.33 Mn |
| Dec 31, 2024 | -66.02 Mn |
| Sep 30, 2024 | -58.92 Mn |
| Jun 30, 2024 | -57.37 Mn |
| Mar 31, 2024 | -58.76 Mn |
| Dec 31, 2023 | -56.54 Mn |
| Sep 30, 2023 | -63.83 Mn |
| Jun 30, 2023 | -55.65 Mn |
| Mar 31, 2023 | -53.00 Mn |
| Dec 31, 2022 | -41.63 Mn |
| Sep 30, 2022 | -40.69 Mn |
| Jun 30, 2022 | -40.76 Mn |
| Mar 31, 2022 | -31.99 Mn |
| Dec 31, 2021 | -29.70 Mn |
| Sep 30, 2021 | -29.14 Mn |
| Jun 30, 2021 | -27.13 Mn |
| Mar 31, 2021 | -22.18 Mn |