HCW Biologics Inc. (HCWB)
NASDAQ: HCWB · Real-Time Price · USD
2.235
-0.005 (-0.22%)
Sep 14, 2026, 3:15 PM EDT - Market open

HCW Biologics Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
6.720.052.572.846.72-
Revenue Growth
707.02%-97.89%-9.68%-57.73%63.96%-
Cost of Revenue
0.270.041.612.284.14-
Gross Profit
6.450.010.960.562.59-
Selling, General & Admin
7.358.3422.8313.448.415.3
Research & Development
5.095.336.297.599.258.07
Operating Expenses
12.6313.6729.1226.2817.6713.37
Operating Income
-6.18-13.66-28.16-25.72-15.08-13.37
Interest Expense
-0.55-0.85-0.65-0.28-0.13-
Other Non Operating Income (Expenses)
-2-0.20.090.760.49-0.06
EBT Excluding Unusual Items
-8.73-14.7-28.72-25.24-14.71-13.43
Gain (Loss) on Sale of Investments
-2.02-0.27-0.25-0.19-
Asset Writedown
-1.5-1.5----
Other Unusual Items
76.52-1.3--0.57
Pretax Income
-5.25-7.96-30.02-24.99-14.9-12.86
Net Income
-5.58-7.96-30.02-24.99-14.9-12.86
Preferred Dividends & Other Adjustments
15.8314.34----
Net Income to Common
-21.41-22.3-30.02-24.99-14.9-12.86
Net Income Growth
------
Shares Outstanding (Basic)
100000
Shares Outstanding (Diluted)
100000
Shares Change
285.74%116.30%7.97%0.30%90.84%296.07%
EPS (Basic)
-27.18-63.78-185.75-166.96-99.83-164.46
EPS (Diluted)
-27.18-63.78-185.75-166.96-99.83-164.46
EPS Growth
------

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-12.14-13.39-14.49-28.72-20.66-11.02
Free Cash Flow Per Share
-15.41-38.30-89.64-191.82-138.43-140.94
Gross Margin
95.91%20.00%37.38%19.72%38.48%-
Operating Margin
-92.02%-25192.71%-1096.95%-904.96%-224.32%-
Profit Margin
-318.55%-41117.24%-1169.70%-879.52%-221.67%-
Free Cash Flow Margin
-180.58%-24693.20%-564.48%-1010.51%-307.36%-
EBITDA
-5.58-12.62-26.97-24.58-14.49-12.82
EBITDA Margin
-83.09%----215.55%-
D&A For EBITDA
0.61.041.181.140.590.54
EBIT
-6.18-13.66-28.16-25.72-15.08-13.37
EBIT Margin
-92.02%----224.32%-
SEC Filings: 10-K · 10-Q