Zenas BioPharma (ZBIO) Net Income (2023 - 2026)

Zenas BioPharma's (ZBIO) quarterly Net Income came in at -$81.0 million in Q1 2026, down 141.23% year-on-year from $196.4 million in Q1 2025, and up 67.75% quarter-over-quarter from -$251.1 million in Q4 2025.

Zenas BioPharma (ZBIO) Net Income (2023 - 2026) Analysis & Trends

Zenas BioPharma's Net Income history runs 4 years deep, the most recent figure standing at -$81.0 million for Q1 2026.

  • On a quarterly basis, Net Income fell 141.23% year-over-year to -$81.0 million in Q1 2026; TTM through Mar 2026 was -$435.8 million, a 168.49% decrease from a year earlier, with the FY2025 full-year figure at -$388.4 million, down 147.43% from the prior year.
  • Net Income rose to -$81.0 million in Q1 2026 per ZBIO's latest filing, from -$251.1 million in the prior quarter.
  • Across five years, Net Income topped out at $35.6 million in Q3 2023 and bottomed at -$251.1 million in Q4 2025.
  • The 4-year median for Net Income is -$38.6 million (2024), against an average of -$56.7 million.
  • Biggest YoY gain for Net Income was 20.77% in 2025; the steepest drop was 381.33% in 2025.
  • Year by year, Net Income stood at -$32.9 million in 2023, then slumped by 58.77% to -$52.2 million in 2024, then tumbled by 381.33% to -$251.1 million in 2025, then soared by 67.75% to -$81.0 million in 2026.
  • Per Business Quant, the three latest ZBIO Net Income figures stand at -$81.0 million (Q1 2026), -$251.1 million (Q4 2025), and -$51.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -37.09 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 727.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Zenas BioPharma 1.72 Bn 1.72 Bn - -80.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -80.99 Mn
Dec 31, 2025 -251.14 Mn
Sep 30, 2025 -51.50 Mn
Jun 30, 2025 -52.22 Mn
Mar 31, 2025 -33.57 Mn
Dec 31, 2024 -52.18 Mn
Sep 30, 2024 -38.61 Mn
Jun 30, 2024 -37.98 Mn
Mar 31, 2024 -27.80 Mn
Dec 31, 2023 -32.86 Mn
Sep 30, 2023 35.62 Mn