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
DateValue
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