HCW Biologics Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2020 | — | -142.1% | -141.5% |
| FY2022 | 38.5% | -224.3% | -221.7% |
| FY2023 | 19.7% | -905.0% | -879.5% |
| FY2024 | 37.4% | -1,147.6% | -1,169.7% |
| FY2025 | 20.0% | -24,270.7% | -14,677.1% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2020 | — | -142.1% | -141.5% |
| FY2022 | 38.5% | -224.3% | -221.7% |
| FY2023 | 19.7% | -905.0% | -879.5% |
| FY2024 | 37.4% | -1,147.6% | -1,169.7% |
| FY2025 | 20.0% | -24,270.7% | -14,677.1% |