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Discontinued — last reported Q1 '26

Operating Income at other companies

Oruka Therapeutics, Inc. logo
Oruka Therapeutics, Inc.ORKA
-$36.43M-45.2%
AnaptysBio, Inc. logo
AnaptysBio, Inc.ANAB
-$34.64M-25.8%
Nektar Therapeutics logo
Nektar TherapeuticsNKTR
-$39.05M+12.3%
Aurinia Pharmaceuticals logo
Aurinia PharmaceuticalsAUPH
$41.42M+89.6%
Kymera Therapeutics logo
Kymera TherapeuticsKYMR
-$84.15M-13.1%
Arcutis Biotherapeutics, Inc. logo
Arcutis Biotherapeutics, Inc.ARQT
-$9.09M+62.9%

Other financials

Income statement

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Net income-$69.7M-74.5%
EPS (diluted)-$0.98-55.6%

Balance sheet

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Cash & equivalents$298.5M+9.9%
Total debt$100.8M+33.3%
Total equity$254.0M-37.7%
Total assets$400.4M-21.7%

Cash flow

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Operating cash flow-$66.3M-73.8%
CapEx--100%
Free cash flow-$66.3M-73.6%

Valuation

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Market cap$1.56B-45.9%
Enterprise value$1.36B-50.0%

Returns & leverage

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Return on equity-77.7%-221pp
Debt / equity0.4×+0.2×
Current ratio8.6×-12.5×

Where this comes from

Reported directly by MoonLake Immunotherapeutics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: MoonLake Immunotherapeutics’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MoonLake Immunotherapeutics's operating income?
MoonLake Immunotherapeutics (MLTX) reported operating income of -$70.02M in Q1 2026.
How has MoonLake Immunotherapeutics's operating income changed year-over-year?
MoonLake Immunotherapeutics's operating income decreased by 47.5% year-over-year, from -$47.49M to -$70.02M.
What is the long-term trend for MoonLake Immunotherapeutics's operating income?
Over 4 years (2021 to 2025), MoonLake Immunotherapeutics's operating income has grown at a 27.5% compound annual growth rate (CAGR), from -$92.62M to -$244.84M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.