Tectonic Therapeutic (TECX) Operating Income (2017 - 2026)

Tectonic Therapeutic's (TECX) quarterly Operating Income came in at -$27.3 million in Q1 2026, down 49.2% year-on-year from -$53.7 million in Q1 2025, and down 26.89% on a QoQ basis from -$21.5 million in Q4 2025.

Tectonic Therapeutic (TECX) Operating Income (2017 - 2026) Analysis & Trends

Tectonic Therapeutic (TECX) has 10 years of Operating Income data on file, last reported at -$27.3 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 49.2% year-over-year to -$27.3 million in Q1 2026; TTM through Mar 2026 was -$93.0 million, a 46.87% decrease from a year earlier, with the FY2025 full-year figure at -$84.0 million, down 44.85% from the prior year.
  • Operating Income for Q1 2026 stood at -$27.3 million, down from -$21.5 million in the prior quarter.
  • Over the last five years, Operating Income for TECX reached as high as -$9.4 million in Q4 2023 and fell as low as -$29.4 million in Q1 2022.
  • Historically, Operating Income has averaged -$19.4 million across 5 years, with a median of -$21.5 million in 2025.
  • Across the five-year window, Operating Income jumped 62.89% in 2023 and slumped 95.53% in 2025, its largest moves.
  • Year by year, Operating Income stood at -$25.3 million in 2022, then soared by 62.89% to -$9.4 million in 2023, then plunged by 49.25% to -$14.0 million in 2024, then tumbled by 53.78% to -$21.5 million in 2025, then dropped by 26.89% to -$27.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$27.3 million in Q1 2026, -$21.5 million in Q4 2025, and -$21.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Tectonic Therapeutic 571.52 Mn 571.52 Mn - -27.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -27.30 Mn
Dec 31, 2025 -21.52 Mn
Sep 30, 2025 -21.89 Mn
Jun 30, 2025 -22.33 Mn
Mar 31, 2025 -18.30 Mn
Dec 31, 2024 -13.99 Mn
Sep 30, 2024 -19.64 Mn
Jun 30, 2024 -11.42 Mn
Mar 31, 2024 -12.97 Mn
Dec 31, 2023 -9.37 Mn
Sep 30, 2023 -10.11 Mn
Jun 30, 2023 -10.63 Mn
Mar 31, 2023 -25.22 Mn
Dec 31, 2022 -25.26 Mn
Sep 30, 2022 -22.99 Mn
Jun 30, 2022 -27.77 Mn
Mar 31, 2022 -29.42 Mn
Dec 31, 2021 -27.96 Mn
Sep 30, 2021 -32.62 Mn
Jun 30, 2021 -31.38 Mn