Zymeworks Inc. income statement
In fiscal 2025, Zymeworks Inc. reported revenue of $106m, up 38.9% on the year before, operating income of −$92.5m (a -87.3% margin) and net income of −$81.1m, or −$1.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 39 | 27 | 412 | 76 | 76 | 106 | 37 |
| Research and development | 171 | 200 | 209 | 144 | 135 | 137 | 129 |
| General and administrative | 55 | 43 | 73 | 70 | 62 | 62 | 64 |
| Operating income | −187 | −216 | 131 | −138 | −137 | −93 | −156 |
| Income before tax | −180 | −212 | 135 | −119 | −117 | −80 | −151 |
| Income tax | 0 | −1 | 11 | −1 | 6 | 1 | −1 |
| Net income | −181 | −212 | 124 | −119 | −123 | −81 | −150 |
| Diluted EPS | −$3.58 | −$4.61 | $1.90 | −$1.72 | −$1.62 | −$1.08 | −$2.02 |
| Diluted shares (average) | 50m | 52m | 65m | 69m | 76m | 75m | 74m |
| EBITDA | −184 | −212 | 137 | −131 | −133 | −89 | −152 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 31 | 27 | 49 | 28 | 3 | 2 | 5 |
| Research and development | 36 | 37 | 36 | 34 | 36 | 31 | 34 | 27 |
| General and administrative | 14 | 16 | 17 | 15 | 14 | 15 | 15 | 19 |
| Operating income | −34 | −22 | −26 | −1 | −22 | −44 | −47 | −42 |
| Income before tax | −30 | −18 | −22 | 2 | −18 | −41 | −46 | −45 |
| Income tax | 0 | 6 | 0 | −0 | 1 | −0 | −2 | −0 |
| Net income | −30 | −24 | −23 | 2 | −20 | −41 | −44 | −45 |
| Diluted EPS | −$0.39 | −$0.32 | −$0.30 | $0.03 | −$0.26 | −$0.55 | −$0.59 | −$0.62 |
| EBITDA | −33 | −21 | −25 | 0 | −21 | −43 | −46 | −41 |
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