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Companies/HCW Biologics Inc.
Company profile

HCW Biologics Inc.

NASDAQ: HCWB · Healthcare · Biotechnology
PublicHQ Miramar, FL · BrowardCIK 0001828673Reports USD
#1064 of 1,394 Healthcare companies by revenuebottom-decile growth
EA Score
31D
FH 35DQ 27GM 26SS 33
v0.1 · 65/100 weight · provisional
↑ Piotroski F, growth stability · ↓ operating margin, net margin
Methodology →
Revenue TTM
$6.6M
Rev growth YoY (TTM)
+356.2%
Net income (FY)
-$8.0M
Employees
36
Market cap
$1.5M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$54.2k$54.2k2025
Net income-$8.0M-$8.0M2025
Operating income-$13.2M-$13.2M2025
Total assets$24.5M$24.5M2025
Liabilities$21.8M$21.8M2025
Equity$2.8M$2.8M2025

Revenue trend

FY2021 – FY2025 · USD
$4.1M
FY21
$0
FY22
$6.7M
FY22
$2.8M
FY23
$2.6M
FY24
$54.2k
FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

HCW Biologics Inc. booked $54.2k in FY2025 revenue, contracting 98% year over year — among the slowest-growing Healthcare companies we track, at a -14677.1% net margin.

Peers · Healthcare
Panacea Life Sciences Holdings, Inc.——Fuse Medical, Inc.——Ayr Wellness Inc.——Somatic Systems, Inc.——
Neighbors
Broward →
HEICO Corporation$4.5B84B+Element Solutions Inc$2.6B78B+Chewy, Inc.$12.6B58CVSE Corporation$1.1B68BAutoNation, Inc.$27.6B74BNational Beverage Corp.$1.2B78B+
Key facts
CEOHing C. Wong
SectorHealthcare
IndustryBiotechnology
HeadquartersMiramar, FL
ExchangeNASDAQ: HCWB
Employees36
IPO date2021-07-20
Latest filings
8-K2026-07-018-K2026-06-308-K2026-06-268-K2026-06-168-K2026-06-158-K2026-06-018-K2026-05-278-K2026-05-21
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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