Zenas BioPharma (ZBIO) Change in Cash (2023 - 2026)

Zenas BioPharma's (ZBIO) quarterly Change in Cash came in at $389.6 million in Q1 2026, up 416.02% year-on-year from $75.5 million in Q1 2025, and up 8011.92% quarter-over-quarter from -$4.9 million in Q4 2025.

Zenas BioPharma (ZBIO) Change in Cash (2023 - 2026) Analysis & Trends

Zenas BioPharma's Change in Cash history runs 4 years deep, the most recent figure standing at $389.6 million for Q1 2026.

  • On a quarterly basis, Change in Cash rose 416.02% year-over-year to $389.6 million in Q1 2026; TTM through Mar 2026 was $303.7 million, a 90.61% increase from a year earlier, with the FY2025 full-year figure at -$209.2 million, down 179.57% from the prior year.
  • Change in Cash improved to $389.6 million in Q1 2026 per ZBIO's latest filing, from -$4.9 million in the prior quarter.
  • Across five years, Change in Cash topped out at $389.6 million in Q1 2026 and bottomed at -$152.5 million in Q2 2025.
  • The 4-year median for Change in Cash is -$10.2 million (2023), against an average of $42.8 million.
  • Across the five-year window, Change in Cash sank 525.71% in 2025 and surged 416.02% in 2026, its largest moves.
  • Year by year, Change in Cash stood at -$15.5 million in 2023, then slumped by 160.74% to -$40.3 million in 2024, then soared by 87.78% to -$4.9 million in 2025, then surged by 8011.92% to $389.6 million in 2026.
  • Per Business Quant, the three latest ZBIO Change in Cash figures stand at $389.6 million (Q1 2026), -$4.9 million (Q4 2025), and $71.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -22.03 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 243.78 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.34 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 417.10 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -153.10 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - 57.19 Mn
10 Zenas BioPharma 1.72 Bn 1.72 Bn - 389.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 389.58 Mn
Dec 31, 2025 -4.92 Mn
Sep 30, 2025 71.56 Mn
Jun 30, 2025 -152.55 Mn
Mar 31, 2025 -123.28 Mn
Dec 31, 2024 -40.30 Mn
Sep 30, 2024 176.11 Mn
Jun 30, 2024 146.78 Mn
Mar 31, 2024 -19.70 Mn
Dec 31, 2023 -15.45 Mn