# Zenas BioPharma, Inc. (ZBIO) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | -$383M |
| 2024 | -$164M |
| 2023 | -$37M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2025-09-30 | -$53M |
| 2025-06-30 | -$55M |
| 2025-03-31 | -$37M |
| 2024-09-30 | -$41M |
| 2024-06-30 | -$40M |
| 2023-09-30 | $36M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/ZBIO/operating-income)