Tectonic Therapeutic (TECX) EBT (2017 - 2026)
Tectonic Therapeutic (TECX) posted quarterly EBT of -$53.8 million for Q1 2026, down 236.16% year-over-year from $39.5 million in Q1 2025, and down 183.59% quarter-over-quarter from -$19.0 million in Q4 2025.
Tectonic Therapeutic (TECX) EBT (2017 - 2026) Analysis & Trends
Tectonic Therapeutic (TECX) has reported EBT for 10 consecutive years, with -$53.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 236.16% year-over-year to -$53.8 million; the TTM figure through Mar 2026 stood at -$110.8 million (down 96.95% YoY), while the FY2025 annual figure was -$72.9 million, down 31.43% from the prior year.
- EBT fell to -$53.8 million in Q1 2026 per TECX's latest filing, from -$19.0 million in the prior quarter.
- Across five years, EBT topped out at -$9.3 million in Q4 2023 and bottomed at -$53.8 million in Q1 2026.
- Historically, EBT has averaged -$20.4 million across 5 years, with a median of -$19.0 million in 2025.
- Annual changes were most pronounced in 2023 — EBT surged 64.08% — and 2026, when it plunged 236.16%.
- Tectonic Therapeutic's EBT stood at -$25.8 million in 2022, then soared by 64.08% to -$9.3 million in 2023, then dropped by 6.46% to -$9.9 million in 2024, then tumbled by 92.14% to -$19.0 million in 2025, then slumped by 183.59% to -$53.8 million in 2026.
- Business Quant data shows TECX's EBT at -$53.8 million in Q1 2026, -$19.0 million in Q4 2025, and -$19.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 1.39 Bn |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 1.53 Bn |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 541.00 Mn |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | -644.37 Mn |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 312.46 Mn |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -2,828.29 |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 81.49 Mn |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 177.81 Mn |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -11.37 Mn |
| 10 | Tectonic Therapeutic | 671.50 Mn | 671.50 Mn | - | -22.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -22.21 Mn |
| Mar 31, 2026 | -53.80 Mn |
| Dec 31, 2025 | -18.97 Mn |
| Sep 30, 2025 | -19.04 Mn |
| Jun 30, 2025 | -19.01 Mn |
| Mar 31, 2025 | -16.01 Mn |
| Dec 31, 2024 | -9.87 Mn |
| Sep 30, 2024 | -17.72 Mn |
| Jun 30, 2024 | -12.67 Mn |
| Mar 31, 2024 | -13.23 Mn |
| Dec 31, 2023 | -9.28 Mn |
| Sep 30, 2023 | -11.09 Mn |
| Jun 30, 2023 | -10.64 Mn |
| Mar 31, 2023 | -25.97 Mn |
| Dec 31, 2022 | -25.82 Mn |
| Sep 30, 2022 | -24.02 Mn |
| Jun 30, 2022 | -29.31 Mn |
| Mar 31, 2022 | -31.12 Mn |
| Dec 31, 2021 | -28.41 Mn |
| Sep 30, 2021 | -32.62 Mn |