Skye Bioscience (SKYE) Consolidated Net Income (2012 - 2026)
Skye Bioscience (SKYE) posted quarterly Consolidated Net Income of -$12.5 million for Q1 2026, down 12.66% year-over-year from -$14.3 million in Q1 2025, and up 13.38% quarter-over-quarter from -$14.4 million in Q4 2025.
Skye Bioscience (SKYE) Consolidated Net Income (2012 - 2026) Analysis & Trends
Skye Bioscience (SKYE) has reported Consolidated Net Income for 15 consecutive years, with -$12.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Consolidated Net Income fell 12.66% year-over-year to -$12.5 million; the TTM figure through Mar 2026 stood at -$57.3 million (down 75.59% YoY), while the FY2025 annual figure was -$55.9 million, down 110.5% from the prior year.
- Consolidated Net Income improved to -$12.5 million in Q1 2026 per SKYE's latest filing, from -$14.4 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at -$3.0 million in Q1 2022 and bottomed at -$24.9 million in Q3 2023.
- Historically, Consolidated Net Income has averaged -$8.9 million across 5 years, with a median of -$7.9 million in 2024.
- Annual changes were most pronounced in 2023 — Consolidated Net Income slumped 697.68% — and 2024, when it surged 84.37%.
- Skye Bioscience's Consolidated Net Income stood at -$9.9 million in 2022, then jumped by 55.32% to -$4.4 million in 2023, then sank by 120.51% to -$9.7 million in 2024, then tumbled by 48.18% to -$14.4 million in 2025, then climbed by 13.38% to -$12.5 million in 2026.
- Business Quant data shows SKYE's Consolidated Net Income at -$12.5 million in Q1 2026, -$14.4 million in Q4 2025, and -$12.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 1.10 Bn |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 1.30 Bn |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 482.00 Mn |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | -782.00 Mn |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 237.01 Mn |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 164.49 Mn |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | -13.27 Mn |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | 81.49 Mn |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | -174.37 Mn |
| 10 | Skye Bioscience | 11.17 Mn | 11.17 Mn | - | -10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.51 Mn |
| Dec 31, 2025 | -14.44 Mn |
| Sep 30, 2025 | -12.75 Mn |
| Jun 30, 2025 | -17.62 Mn |
| Mar 31, 2025 | -11.10 Mn |
| Dec 31, 2024 | -9.75 Mn |
| Sep 30, 2024 | -3.90 Mn |
| Jun 30, 2024 | -7.90 Mn |
| Mar 31, 2024 | -5.02 Mn |
| Dec 31, 2023 | -4.42 Mn |
| Sep 30, 2023 | -24.95 Mn |
| Jun 30, 2023 | -3.11 Mn |
| Mar 31, 2023 | -5.17 Mn |
| Dec 31, 2022 | -9.89 Mn |
| Sep 30, 2022 | -3.13 Mn |
| Jun 30, 2022 | -3.42 Mn |
| Mar 31, 2022 | -3.04 Mn |
| Dec 31, 2021 | -2.51 Mn |
| Sep 30, 2021 | -1.82 Mn |
| Jun 30, 2021 | -2.02 Mn |