Equillium, Inc. (EQ) 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 | 4.39M | 12.16M | 13.85M | 10.69M | 9.21M | 8.87M | 9.12M | 8.88M | 15.76M | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | -100% | -100% | -100% | -100% | -52.32% | 37.1% | 51.83% | 20.39% | -41.55% | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 24K | 23K | 0 | 32K | 0 | 0 | 0 | 0 | 32K | 33K | 0 | 31K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | 0.3% | 0.36% | - | 0.34% | - | - | - | - | - | - | - | - |
| Gross Profit | -24K | -23K | 0 | -32K | 0 | 4.39M | 12.16M | 13.85M | 10.66M | 9.18M | 8.87M | 9.09M | 8.88M | 15.76M | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | 100% | 100% | 100% | 99.7% | 99.64% | 100% | 99.66% | 100% | 100% | - | - | - | - | - | - |
| Gross Profit Growth % | - | -100.52% | -100% | -100.23% | -100% | -52.15% | 37.1% | 52.35% | 20.02% | -41.76% | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 5.59M | 3.94M | 4.58M | 6.2M | 8.87M | 9.09M | 12.84M | 13.95M | 13.45M | 12.38M | 12.49M | 12.68M | 12.99M | 13.72M | 13.24M | 13.55M | 37.33M | 10.39M | 9.86M | 8.84M |
| OpEx % of Revenue | - | - | - | - | - | 206.97% | 105.58% | 100.72% | 125.81% | 134.38% | 140.85% | 139.02% | 146.27% | 87.04% | - | - | - | - | - | - |
| Selling, General & Admin | 2.62M | 2.43M | 3.27M | 2.15M | 2.95M | 1.77M | 3.28M | 3.15M | 3.71M | 3.19M | 3.52M | 3.07M | 3.71M | 5.19M | 4.47M | 4.06M | 3.52M | 2.84M | 2.9M | 2.86M |
| SG&A % of Revenue | - | - | - | - | - | 40.41% | 26.96% | 22.7% | 34.66% | 34.69% | 39.67% | 33.69% | 41.84% | 32.95% | - | - | - | - | - | - |
| Research & Development | 2.99M | 1.54M | 1.3M | 4.08M | 5.92M | 7.32M | 9.56M | 10.81M | 9.74M | 9.18M | 8.97M | 9.61M | 9.27M | 8.53M | 8.77M | 9.49M | 10.76M | 7.55M | 6.96M | 5.99M |
| R&D % of Revenue | - | - | - | - | - | 166.55% | 78.63% | 78.02% | 91.15% | 99.7% | 101.17% | 105.33% | 104.43% | 54.1% | - | - | - | - | - | - |
| Other Operating Expenses | -24K | -23K | 0 | -32K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 |
| Operating Income | -5.61M | -3.96M | -4.58M | -6.23M | -8.87M | -4.7M | -679K | -100K | -2.79M | -3.2M | -3.62M | -3.59M | -4.11M | 2.04M | -13.24M | -13.55M | -37.33M | -10.39M | -9.86M | -8.84M |
| Operating Margin % | - | - | - | - | - | -106.97% | -5.58% | -0.72% | -26.11% | -34.74% | -40.85% | -39.36% | -46.27% | 12.96% | - | - | - | - | - | - |
| Operating Income Growth % | 36.75% | 15.67% | -573.78% | -6128% | -217.81% | -46.81% | 81.26% | 97.22% | 32.06% | -256.71% | 72.63% | 73.5% | 89% | 119.66% | -34.24% | -53.25% | -329.32% | -15.8% | -51.34% | -33.78% |
| EBITDA | -5.59M | -3.94M | -4.55M | -6.2M | -8.84M | -4.66M | -644K | -65K | -2.76M | -3.17M | -3.59M | -3.56M | -4.08M | 2.07M | -13.21M | -13.52M | -37.3M | -10.37M | -9.84M | -8.83M |
| EBITDA Margin % | - | - | - | - | - | -106.17% | -5.3% | -0.47% | -25.81% | -34.38% | -40.5% | -39.02% | -45.92% | 13.16% | - | - | - | - | - | - |
| EBITDA Growth % | 36.79% | 15.53% | -606.06% | -9432.31% | -220.3% | -47.24% | 82.07% | 98.17% | 32.33% | -252.7% | 72.8% | 73.67% | 89.07% | 120% | -34.19% | -53.2% | -329.87% | -15.8% | -51.35% | -33.67% |
| D&A (Non-Cash Add-back) | 24K | 23K | 28K | 32K | 33K | 35K | 35K | 35K | 32K | 33K | 31K | 31K | 31K | 32K | 30K | 31K | 25K | 19K | 19K | 17K |
| EBIT | -5.61M | -3.96M | -4.58M | -6.23M | -8.87M | -5.43M | -7K | -100K | -2.79M | -2.33M | -3.21M | -3.08M | -3.65M | 3.04M | -13.39M | -13.87M | -37.16M | -10.36M | -10.02M | -8.89M |
| Net Interest Income | 309K | 303K | 235K | 122K | 173K | 239K | 331K | 371K | 439K | 517K | 551K | 368K | 407K | -70K | -137K | -195K | -230K | -256K | -258K | -257K |
| Interest Income | 309K | 303K | 235K | 122K | 173K | 239K | 331K | 371K | 439K | 517K | 551K | 627K | 639K | 201K | 130K | 64K | 25K | 10K | 8K | 13K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 259K | 232K | 271K | 267K | 259K | 255K | 266K | 266K | 270K |
| Other Income/Expense | 299K | 187K | 345K | 489K | 216K | -735K | 672K | 568K | 57K | 874K | 409K | 256K | 228K | 731K | -418K | -577K | -88K | -234K | -421K | -315K |
| Pretax Income | -5.31M | -3.77M | -4.23M | -5.74M | -8.65M | -5.43M | -7K | 468K | -2.73M | -2.33M | -3.21M | -3.33M | -3.88M | 2.77M | -13.65M | -14.13M | -37.42M | -10.62M | -10.28M | -9.16M |
| Pretax Margin % | - | - | - | - | - | -123.7% | -0.06% | 3.38% | -25.58% | -25.25% | -36.23% | -36.55% | -43.7% | 17.6% | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 361K | 0 | 0 | 0 | 16K | 496K | 8K | 60K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -6.64% | 0% | 0% | 0% | -0.69% | -15.43% | -0.24% | -1.55% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -5.31M | -3.77M | -4.23M | -5.74M | -8.65M | -5.79M | -7K | 468K | -2.73M | -2.34M | -3.71M | -3.34M | -3.94M | 2.77M | -13.65M | -14.13M | -37.42M | -10.62M | -10.28M | -9.16M |
| Net Margin % | - | - | - | - | - | -131.92% | -0.06% | 3.38% | -25.58% | -25.43% | -41.83% | -36.64% | -44.37% | 17.6% | - | - | - | - | - | - |
| Net Income Growth % | 38.63% | 34.85% | -60328.57% | -1326.28% | -216.53% | -147.4% | 99.81% | 114% | 30.61% | -184.46% | 72.83% | 76.34% | 89.47% | 126.11% | -32.8% | -54.28% | -316.16% | -19.1% | -55.86% | -41.74% |
| Net Income (Continuing) | -5.31M | -3.77M | -4.23M | -5.74M | -8.65M | -5.79M | -7K | 468K | -2.73M | -2.34M | -3.71M | -3.34M | -3.94M | 2.77M | -13.65M | -14.13M | -37.42M | -10.62M | -10.28M | -9.16M |
| 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) | -0.06 | -0.04 | -0.12 | -0.16 | -0.24 | -0.16 | -0.00 | 0.01 | -0.08 | -0.07 | -0.11 | -0.10 | -0.11 | 0.11 | -0.40 | -0.43 | -1.90 | -0.36 | -0.35 | -0.31 |
| EPS Growth % | 77% | 74.31% | - | -1350% | -209.68% | -140.24% | 99.82% | 113.2% | 29.55% | -160.55% | 72.5% | 77.44% | 94.21% | 130.56% | -14.29% | -38.71% | -475.76% | 0% | -12.9% | 16.22% |
| EPS (Basic) | -0.06 | -0.04 | -0.12 | -0.16 | -0.24 | -0.16 | -0.00 | 0.01 | -0.08 | -0.07 | -0.11 | -0.10 | -0.11 | 0.11 | -0.40 | -0.43 | -1.90 | -0.36 | -0.35 | -0.31 |
| Diluted Shares Outstanding | 96.28M | 91.88M | 35.72M | 35.72M | 35.59M | 35.36M | 35.42M | 36.59M | 35.25M | 35.15M | 34.88M | 34.45M | 34.41M | 34.37M | 34.35M | 34.29M | 31.87M | 29.41M | 29.38M | 29.08M |
| Basic Shares Outstanding | 96.28M | 91.88M | 35.72M | 35.72M | 35.59M | 35.36M | 35.42M | 35.29M | 35.25M | 35.15M | 34.88M | 34.45M | 34.41M | 34.37M | 34.35M | 34.29M | 31.87M | 29.41M | 29.38M | 29.08M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |