Zenas BioPharma (ZBIO) EBT (2023 - 2026)
Zenas BioPharma (ZBIO) recorded quarterly EBT of -$81.0 million in Q1 2026, up 67.74% quarter-over-quarter from -$251.0 million in Q4 2025, and down 139.76% on a YoY basis from $203.7 million in Q1 2025.
Zenas BioPharma (ZBIO) EBT (2023 - 2026) Analysis & Trends
Zenas BioPharma's EBT history runs 4 years deep, the most recent figure standing at -$81.0 million for Q1 2026.
- In Q1 2026, EBT fell 139.76% year-over-year to -$81.0 million; the TTM figure through Mar 2026 stood at -$435.7 million (down 161.07% YoY), while the FY2025 annual figure was -$388.5 million, down 141.43% from the prior year.
- EBT was -$81.0 million for Q1 2026 at Zenas BioPharma, up from -$251.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $35.6 million in Q3 2023 to a low of -$251.0 million in Q4 2025.
- Historically, EBT has averaged -$56.3 million across 4 years, with a median of -$38.6 million in 2024.
- Biggest YoY gain for EBT was 21.5% in 2025; the steepest drop was 344.03% in 2025.
- A 4-year view of EBT shows it stood at -$24.8 million in 2023, then tumbled by 128.15% to -$56.5 million in 2024, then sank by 344.03% to -$251.0 million in 2025, then jumped by 67.74% to -$81.0 million in 2026.
- The last three EBT figures came in at -$81.0 million (Q1 2026), -$251.0 million (Q4 2025), and -$51.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.94 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 19.60 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.18 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -15.31 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -1.50 Mn |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.25 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -56.48 Mn |
| 10 | Zenas BioPharma | 1.10 Bn | 379.43 Mn | - | -80.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -80.99 Mn |
| Dec 31, 2025 | -251.03 Mn |
| Sep 30, 2025 | -51.50 Mn |
| Jun 30, 2025 | -52.20 Mn |
| Mar 31, 2025 | -33.78 Mn |
| Dec 31, 2024 | -56.53 Mn |
| Sep 30, 2024 | -38.61 Mn |
| Jun 30, 2024 | -37.98 Mn |
| Mar 31, 2024 | -27.80 Mn |
| Dec 31, 2023 | -24.78 Mn |
| Sep 30, 2023 | 35.62 Mn |