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How Zenas BioPharma (ZBIO) makes money

Zenas BioPharma (ZBIO) made $10.0M of revenue in the third quarter 2026 (Q3 2026).

Drawing the Sankey…

Zenas BioPharma revenue by quarterZenas BioPharma revenue by quarter$5.0MQ4 2024$10.0MQ1 2025$1.0MQ2 2026$10.0MQ3 2026
Zenas BioPharma: where each dollar of revenue goesZenas BioPharma: where each dollar of revenue goesIncome tax0¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$10.0M100.0%
Income tax$49K0.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$10.0M—
Q2 2026$1.0M—
Q1 2025$10.0M—
Q4 2024$5.0M—

From Zenas BioPharma's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Zenas BioPharma make money?

Zenas BioPharma (ZBIO) made $10.0M of revenue in the third quarter 2026 (Q3 2026).

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.