HCW Biologics Inc. number of employees

HCW Biologics Inc. reported 35 employees at December 31, 2025 in its latest annual report. Revenue per employee was $1,549.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
December 31, 2025	35	—	$1,549	10-K, filed March 31, 2026

What the annual reports say

As of December 31, 2025, we had 35 full-time employees, 25 of whom were engaged in research, clinical development, manufacturing, and quality control activities, and 10 of whom were engaged in administrative activities. 2025 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

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Figures from HCW Biologics Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to HCW Biologics Inc.