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HCW Biologics Inc

HCWB

NASDAQ

Biotechnology

$2.68

USD

-0.25 (-8.38%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $4.67M

Volume 129.3K

Revenue

$6.59M

TTM

+356.2%

YoY

Gross Margin

99%

TTM

+314.9%

YoY

Net Income

$-2.29M

TTM

+90.7%

YoY

Operating Cash Flow

$-11.45M

TTM

+19.0%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Revenue

0.0

0.0

0.0

0.0

6.5

YoY Growth

-99.6%

-98.9%

-96.3%

-93.2%

+129080.7%

Cost of Revenue

0.0

0.0

0.0

0.0

0.0

Gross Profit

0.0

0.0

0.0

0.0

6.5

Selling, General & Administrative

2.2

2.1

1.9

3.1

1.8

Other Operating Expenses

-1.7

0.1

0.0

0.0

0.2

Total Operating Expenses

2.0

3.5

3.3

4.5

3.3

Operating Income

-2.0

-3.5

-3.3

-4.5

3.2

EBITDA

-1.5

-3.2

-3.1

-4.3

3.4

Other Income / Expense

0.0

1.8

-1.1

5.4

0.7

Total Other Income / Expense

-0.2

1.5

-1.3

5.2

0.6

Income Before Income Taxes

-2.2

-1.9

-4.6

0.7

3.8

Income Taxes

0.0

0.0

0.0

0.0

0.3

Net Income

-2.2

-1.9

-4.6

0.7

3.5

Consolidated Net Income / Loss

-2.2

-1.9

-4.6

0.7

3.5

Net Income Attributable to Common Shareholders

-2.2

-12.1

-4.6

-3.5

2.0

Basic EPS

-$11.82

-$40.74

-$12.12

-$6.43

$2.22

Diluted EPS

-$11.82

-$40.74

-$12.12

-$6.43

$2.22

Basic Shares Outstanding

0.2M

0.3M

0.4M

0.5M

0.9M

Diluted Shares Outstanding

0.2M

0.3M

0.4M

0.5M

0.9M