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HCWB logoHCW Biologics Inc. (HCWB) Earnings History

Annual and quarterly earnings data from 2019 to 2025

TTM Net Income
-$8M
Net Loss
TTM EPS
$-3.79
Diluted
YoY EPS Growth
-1280.5%
Declining
Net Margin
-14677.1%
Profitability
Operating Margin-20757.6%
Gross Margin20.0%
ROE-287.9%
ROA-29.1%
Highest Annual Net Income-$6M (2020)
Highest Quarterly EPS$0.07 (Q4 2020)
Consecutive Profitable Years0 years
Q4 2025
Net Income$719,232
EPS$-1.77
QoQ Growth+115.8%Excellent

Loading earnings history...

HCWB EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

HCWB Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202520.0%-20757.6%-14677.1%
202437.4%-1148.5%-1169.7%
202319.7%-905.0%-879.5%
202238.5%-224.3%-221.7%
2021---
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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HCW Biologics Inc. (HCWB) Earnings Overview

As of May 8, 2026, HCW Biologics Inc. (HCWB) reported trailing twelve-month net income of -$8M, reflecting -1280.5% year-over-year growth. The company earned $-3.79 per diluted share over the past four quarters, with a net profit margin of -14677.1%.

Looking at the long-term picture, HCWB's historical earnings data spans multiple years. The company achieved its highest annual net income of -$6M in fiscal 2020.

HCW Biologics Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including IMVT (-$464M net income), ARQT (-$2M net income, -4.3% margin), KYMR (-$315M net income, -794.4% margin), HCWB has comparable earnings metrics. Compare HCWB vs IMVT →

HCWB Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
HCWB logoHCWBCurrent
-$8M$-3.79-14677.1%-287.9%-1280.5%—
IMVT logoIMVT
-$464M$-2.56--62.5%-45.2%
ARQT logoARQT
-$2M$-0.02-4.3%-9.3%+88.8%
KYMR logoKYMR
-$315M$-3.23-794.4%-25.8%-23.8%
RCUS logoRCUS
-$369M$-2.94-142.9%-63.3%-4.8%
TGTX logoTGTX
$462M$2.8972.6%102.8%+1746.7%
Best in group
Lowest in group

HCWB Historical Earnings Data (2019–2025)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$8M+73.5%-$11M$-10.63-14677.1%-20757.6%
2024-$30M-20.1%-$29M$-0.77-1169.7%-1148.5%
2023-$25M-67.7%-$26M$-0.70-879.5%-905.0%
2022-$15M-15.8%-$15M$-0.41-221.7%-224.3%
2021-$13M-122.5%-$13M$-0.35--
2020-$6M+20.7%-$6M$-0.16-141.0%-142.1%
2019-$7M--$7M$-0.20--

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Compare HCWB vs DBVT

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HCWB — Frequently Asked Questions

Quick answers to the most common questions about buying HCWB stock.

Is HCWB growing earnings?

HCWB EPS fell to $-3.79, with earnings declining -1280.5%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-8M.

What are HCWB's profit margins?

HCW Biologics Inc. net margin is -14677.1%, with operating margin at -20757.6%. Below-average margins reflect competitive or cost pressures.

How consistent are HCWB's earnings?

HCWB earnings data spans 2019-2025. The declining earnings trend is -1280.5% YoY. Historical data enables comparison across business cycles.

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HCWB Earnings Over Time (2019–2025)

Net income and EPS trends