Mustang Bio, Inc. (MBIO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 0 | 41K | 0 | 0 | 0 | 696K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 0 | 0 | 0 | -41K | 0 | 0 | 0 | -696K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | 100% | - | - | - | 94.11% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 1.06M | 670K | 624K | 885K | 212K | 1.02M | 1.46M | 8.54M | 4.54M | 8.74M | 10.31M | 13.89M | 16.32M | 19.43M | 18.85M | 18.24M | 19.64M | 20.12M | 17.08M | 14.44M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 880K | 987K | 957K | 787K | 1.22M | -223K | 1.4M | 1.53M | 1.43M | 2.18M | 2.13M | 3.06M | 2.32M | 2.4M | 3.39M | 3.08M | 3.35M | 2.65M | 2.36M | 2.54M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 178K | -317K | 333K | 98K | 964K | 197K | 57K | 4.36M | 3.52M | 6.68M | 9.53M | 10.84M | 14M | 17.04M | 15.46M | 15.16M | 16.29M | 17.47M | 14.71M | 11.9M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -666K | 0 | -1000K | 1000K | 0 | 1000K | -411K | -115K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.06M | -670K | -624K | -885K | -253K | -1.02M | -1.46M | -8.54M | -5.23M | -8.74M | -10.31M | -13.89M | -16.32M | -19.43M | -18.85M | -18.24M | -19.64M | -20.12M | -17.08M | -14.44M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -318.18% | 34.12% | 57.17% | 89.64% | 95.16% | 88.37% | 85.86% | 38.52% | 67.95% | 55.02% | 45.32% | 23.85% | 16.89% | 3.41% | -10.37% | -26.32% | -30.16% | 2.98% | -63.78% | -2.26% |
| EBITDA | -1.06M | -670K | -468K | -885K | -212K | -942K | -1.41M | -8.54M | -4.54M | -8.38M | -9.94M | -13.25M | -15.46M | -18.6M | -18.03M | -17.54M | -18.96M | -19.43M | -16.46M | -13.93M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -399.06% | 28.87% | 66.71% | 89.64% | 95.33% | 88.76% | 85.86% | 35.57% | 70.67% | 54.95% | 44.87% | 24.44% | 18.44% | 4.27% | -9.5% | -25.95% | -29.88% | 4.1% | -65.03% | -1.88% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 41K | 75K | 51K | 1K | 696K | 363K | 367K | 637K | 858K | 834K | 819K | 699K | 679K | 692K | 612K | 512K |
| EBIT | -1.06M | -670K | -468K | -885K | -153K | -951K | -1.41M | -5.89M | -5.19M | -11.41M | -10.05M | -16.1M | -15.52M | -18.47M | -17.96M | -18.16M | -19.57M | -20.05M | -17M | -14.36M |
| Net Interest Income | 103K | 132K | 156K | 123K | 100K | 65K | 47K | 27K | 40K | 123K | 111K | 22K | -723K | -837K | -818K | -858K | -157K | 70K | 72K | 81K |
| Interest Income | 103K | 132K | 156K | 123K | 100K | 66K | 48K | 29K | 41K | 123K | 115K | 159K | 453K | 323K | 216K | 77K | 73K | 74K | 75K | 85K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 1K | 1K | 2K | 1K | 0 | 4K | 137K | 1.18M | 1.16M | 1.03M | 935K | 230K | 4K | 3K | 4K |
| Other Income/Expense | 103K | 132K | 156K | 123K | 100K | 65K | 47K | 341K | 40K | 125K | 249K | -2.34M | -372K | -202K | -149K | -858K | -157K | 70K | 72K | 81K |
| Pretax Income | -955K | -538K | -468K | -762K | -153K | -952K | -1.41M | -8.2M | -5.19M | -8.62M | -10.06M | -16.23M | -16.69M | -19.63M | -19M | -19.1M | -19.8M | -20.05M | -17M | -14.36M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -955K | -538K | -468K | -762K | -153K | -952K | -1.41M | -8.2M | -5.19M | -8.62M | -10.06M | -16.23M | -16.69M | -19.63M | -19M | -19.1M | -19.8M | -20.05M | -17M | -14.36M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -524.18% | 43.49% | 66.81% | 90.71% | 97.05% | 88.95% | 85.98% | 49.5% | 68.9% | 56.12% | 47.05% | 15% | 15.67% | 2.07% | -11.71% | -33.01% | -32.35% | 2.71% | -31.29% | 1.64% |
| Net Income (Continuing) | -955K | -538K | -468K | -762K | -153K | -952K | -1.41M | -8.2M | -5.19M | -8.62M | -10.06M | -16.23M | -16.69M | -19.63M | -19M | -19.1M | -19.8M | -20.05M | -17M | -14.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.14 | -0.07 | -0.08 | -0.13 | -0.05 | -0.95 | -0.16 | -0.94 | -0.46 | -0.93 | -1.23 | -2.00 | -2.25 | -2.91 | -2.42 | -2.50 | -3.06 | -3.42 | -2.80 | -2.46 |
| EPS Growth % | -180% | 92.24% | 53.13% | 86.17% | 89.13% | -2.15% | 86.99% | 53% | 79.56% | 68.04% | 49.17% | 20% | 26.47% | 14.91% | 13.57% | -1.63% | -9.68% | 41.84% | 17.4% | 49.38% |
| EPS (Basic) | -0.14 | -0.07 | -0.08 | -0.13 | -0.05 | -0.95 | -0.16 | -0.94 | -0.46 | -0.93 | -1.23 | -2.00 | -2.25 | -2.91 | -2.42 | -2.50 | -3.06 | -3.42 | -2.80 | -2.46 |
| Diluted Shares Outstanding | 6.73M | 7.3M | 6.24M | 5.98M | 5.72M | 8.69M | 8.69M | 8.69M | 11.25M | 9.22M | 8.17M | 8.13M | 8.09M | 7.16M | 7.85M | 7.65M | 6.53M | 5.86M | 6.08M | 5.84M |
| Basic Shares Outstanding | 6.73M | 7.3M | 6.24M | 5.98M | 5.72M | 8.69M | 8.69M | 8.69M | 11.25M | 9.22M | 8.17M | 8.13M | 8.09M | 7.16M | 7.85M | 7.65M | 6.53M | 5.86M | 6.08M | 5.84M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |