Skye Bioscience (SKYE) Profit After Tax (2012 - 2026)
Skye Bioscience (SKYE) posted quarterly Profit After Tax 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) Profit After Tax (2012 - 2026) Analysis & Trends
Skye Bioscience (SKYE) has reported Profit After Tax for 15 consecutive years, with -$12.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax 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.
- Profit After Tax improved to -$12.5 million in Q1 2026 per SKYE's latest filing, from -$14.4 million in the prior quarter.
- Across five years, Profit After Tax topped out at -$3.0 million in Q1 2022 and bottomed at -$24.9 million in Q3 2023.
- Historically, Profit After Tax has averaged -$8.9 million across 5 years, with a median of -$7.9 million in 2024.
- Annual changes were most pronounced in 2023 — Profit After Tax slumped 697.68% — and 2024, when it surged 84.37%.
- Skye Bioscience's Profit After Tax 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 Profit After Tax at -$12.5 million in Q1 2026, -$14.4 million in Q4 2025, and -$12.8 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 1.10 Bn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 1.30 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 472.00 Mn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | -782.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 237.01 Mn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 164.49 Mn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | -355.03 Mn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -16.62 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 81.49 Mn |
| 10 | Skye Bioscience | 10.86 Mn | 10.86 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 |