Vanda Pharmaceuticals (VNDA) EBITDA (2010 - 2026)
Vanda Pharmaceuticals' (VNDA) quarterly EBITDA came in at -$50.0 million in Q1 2026, down 22.44% year-on-year from -$64.4 million in Q1 2025, and down 24.72% quarter-over-quarter from -$40.0 million in Q4 2025.
Vanda Pharmaceuticals (VNDA) EBITDA (2010 - 2026) Analysis & Trends
Vanda Pharmaceuticals has disclosed EBITDA across 17 years of filings, most recently posting -$50.0 million for Q1 2026.
- EBITDA for Q1 2026 came in at -$50.0 million, down 22.44% year-over-year; the trailing twelve-month figure through Mar 2026 was -$159.2 million (down 122.6% YoY), and the FY2025 annual result was -$150.1 million, down 277.43% from the prior year.
- EBITDA came in at -$50.0 million for Q1 2026 at Vanda Pharmaceuticals, down from -$40.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $6.9 million in Q4 2022 to a low of -$50.0 million in Q1 2026.
- The 5-year median for EBITDA is -$9.0 million (2024), against an average of -$14.4 million.
- Across the five-year window, EBITDA soared 131.24% in 2023 and sank 493.42% in 2024, its largest moves.
- Vanda Pharmaceuticals' EBITDA stood at $6.9 million in 2022, then sank by 199.9% to -$6.9 million in 2023, then slumped by 45.41% to -$10.0 million in 2024, then slumped by 299.81% to -$40.0 million in 2025, then decreased by 24.72% to -$50.0 million in 2026.
- The last three EBITDA figures came in at -$50.0 million (Q1 2026), -$40.0 million (Q4 2025), and -$31.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Vanda Pharmaceuticals | 345.46 Mn | 143.15 Mn | 48.56 Mn | -49.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -49.95 Mn |
| Dec 31, 2025 | -40.05 Mn |
| Sep 30, 2025 | -30.98 Mn |
| Jun 30, 2025 | -38.24 Mn |
| Mar 31, 2025 | -40.80 Mn |
| Dec 31, 2024 | -10.02 Mn |
| Sep 30, 2024 | -10.78 Mn |
| Jun 30, 2024 | -9.93 Mn |
| Mar 31, 2024 | -9.03 Mn |
| Dec 31, 2023 | -6.89 Mn |
| Sep 30, 2023 | -5.80 Mn |
| Jun 30, 2023 | -2.64 Mn |
| Mar 31, 2023 | 2.30 Mn |
| Dec 31, 2022 | 6.90 Mn |
| Sep 30, 2022 | 4.21 Mn |
| Jun 30, 2022 | 3.77 Mn |
| Mar 31, 2022 | -7.35 Mn |
| Dec 31, 2021 | 9.01 Mn |
| Sep 30, 2021 | 11.16 Mn |
| Jun 30, 2021 | 12.71 Mn |