Tonix Pharmaceuticals Holding (TNXP) EBITDA (2011 - 2026)

Tonix Pharmaceuticals Holding's (TNXP) quarterly EBITDA came in at -$41.5 million in Q1 2026, down 158.73% year-on-year from $70.7 million in Q1 2025, and up 13.98% quarter-over-quarter from -$48.3 million in Q4 2025.

Tonix Pharmaceuticals Holding (TNXP) EBITDA (2011 - 2026) Analysis & Trends

Tonix Pharmaceuticals Holding's EBITDA history runs 16 years deep, the most recent figure standing at -$41.5 million for Q1 2026.

  • On a quarterly basis, EBITDA fell 158.73% year-over-year to -$41.5 million in Q1 2026; TTM through Mar 2026 was -$151.2 million, a 15.05% decrease from a year earlier, with the FY2025 full-year figure at -$125.7 million, up 8.05% from the prior year.
  • EBITDA advanced to -$41.5 million in Q1 2026 per TNXP's latest filing, from -$48.3 million in the prior quarter.
  • Across five years, EBITDA topped out at -$15.6 million in Q3 2024 and bottomed at -$77.3 million in Q2 2024.
  • The 5-year median for EBITDA is -$28.3 million (2025), against an average of -$31.4 million.
  • Across the five-year window, EBITDA tumbled 166.59% in 2024 and jumped 63.4% in 2025, its largest moves.
  • Year by year, EBITDA stood at -$32.7 million in 2022, then increased by 16.5% to -$27.3 million in 2023, then increased by 17.74% to -$22.5 million in 2024, then plunged by 114.8% to -$48.3 million in 2025, then advanced by 13.98% to -$41.5 million in 2026.
  • Per Business Quant, the three latest TNXP EBITDA figures stand at -$41.5 million (Q1 2026), -$48.3 million (Q4 2025), and -$33.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 66,861.65 Bn 66,861.36 Bn - -27.75 Mn
2 Nanobiotix 1,911.83 Bn 1,911.77 Bn - -
3 Akari Therapeutics 973.81 Bn 973.81 Bn - -15.76 Mn
4 BeOne Medicines 471.51 Bn 466.72 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.94 Bn 114.70 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 70.05 Bn 61.30 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.68 Bn 62.68 Bn - -32.68 Mn
8 Argenx Se 55.88 Bn 50.69 Bn 1.41 Bn 493.00 Mn
9 Alnylam Pharmaceuticals 37.49 Bn 34.48 Bn 959.66 Mn 268.64 Mn
10 Tonix Pharmaceuticals Holding 140.63 Mn 140.63 Mn 5.30 Mn -41.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -41.54 Mn
Dec 31, 2025 -48.29 Mn
Sep 30, 2025 -33.07 Mn
Jun 30, 2025 -28.30 Mn
Mar 31, 2025 -16.05 Mn
Dec 31, 2024 -22.48 Mn
Sep 30, 2024 -15.55 Mn
Jun 30, 2024 -77.32 Mn
Mar 31, 2024 -21.35 Mn
Dec 31, 2023 -27.33 Mn
Sep 30, 2023 -28.15 Mn
Jun 30, 2023 -29.00 Mn
Mar 31, 2023 -33.90 Mn
Dec 31, 2022 -32.73 Mn
Sep 30, 2022 -29.59 Mn
Jun 30, 2022 -23.34 Mn
Mar 31, 2022 -26.44 Mn
Dec 31, 2021 -29.48 Mn
Sep 30, 2021 -18.54 Mn
Jun 30, 2021 -23.56 Mn