Saturday 17 October 2026 Export HCWB’s income statement to Excel — free account

HCW Biologics Inc.

HCW Biologics Inc.’s revenue for fiscal 2025 (year ended December 2025) was $54,200.00, down 97.9% from fiscal 2024. In the quarter to June 2026, revenue grew 1,954.6%, EPS grew 71.6%, free cash flow fell 20.8% and total debt fell 3.34%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

1.24 0.01 +0.81%

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Market cap: $2.8M
P/E: 0.0×
Fwd P/E: −3.4×
Dividend yield: —
F-score: 3/9
Altman Z: −8.83
Beneish M: −9.28
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	4	4	6	4
ROE Full definition →		367.75%	1,113.43%	1,346.29%	(600.32%)
ROA Full definition →		(85.40%)	(81.45%)	(70.29%)	(79.52%)
ROIC Full definition →		(205.79%)	(107.94%)	(44.78%)	(36.15%)
Return on Tangible Assets Full definition →		801.83%	(1,060.53%)	(745.32%)	(683.79%)
Average Days of Receivables Full definition →		26.55	216.45	4.14	1.00
Free Cash Flow per Share Full definition →		(34.17)	(38.29)	(12.67)	(9.14)
Free Cash Flow Full definition →		(12.87)	(13.39)	(11.45)	(12.14)
Other line items
Cash ROIC Full definition →		(222.02%)	(116.18%)	(84.41%)	(82.39%)
Accounts Receivable Turnover Full definition →		1.24	0.18	81.23	335.22
Accounts Payable Turnover Full definition →		0.02	0.00	0.00	0.02
Inventory Turnover Full definition →		0.00	0.00	0.00	0.00
Average Days of Payables Full definition →		20,507.68	110,537.81	85,354.96	14,097.74
Days of Inventory on Hand Full definition →		0.00	0.00	0.00	0.00
Tax Rate Full definition →		0.00	0.00	0.00	0.00
Research and Development Expense of Revenue Full definition →		1,222.29%	10,023.57%	79.21%	77.35%
Selling, General and Administrative Expense of Revenue Full definition →		1,950.08%	14,182.87%	110.84%	105.36%
Share Based Compensation of Revenue Full definition →		249.11%	1,415.47%	7.63%	3.36%
Interest Coverage Full definition →		(13.53)	(15.58)	(11.40)	(13.44)
Operating CF/Net income Full definition →		0.58	0.60	0.61	0.55
Depreciation/Fixed assets Full definition →		0.07	0.05	0.04	0.03
Capex/Depreciation Full definition →		0.00	0.00	0.00	0.00
Revenue per Share Full definition →		1.12	0.16	7.29	5.06
Operating CF per Share Full definition →		(34.17)	(38.29)	(12.67)	(9.14)
Capex per Share Full definition →		0.00	0.00	0.00	0.00
Capex to Sales Full definition →		0.00	0.00	0.00	0.00

Show all line items

Columns are period end dates

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