The Tip Desk

MoonLake Immunotherapeutics

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Operating income-$244.8-$143.1-$54.1-$65.1-$4.6
Net income-$227.3-$118.9-$36.0-$50.0-$4.5
Cash Flow Statement
Free cash flow-$196.0-$117.1-$43.1-$55.9—
Share repurchases—$<0.1$0.0$0.0—

Shares outstanding 85.1M · Free float 71.9%

Annual filing data through FY ended December 31, 2025; float as of September 13, 2026.

Earnings