AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

FBIO · NASDAQ · Biotechnology

Fortress Biotech (FBIO)

Sources, funds and advances drug assets through a portfolio-company network.

$2.44

vs last close+0.03 (+1.24%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	35	20	13	15	15	15	13	16	18	16	16	19
Cost of revenue	6	6	6	7	5	6	5	5	6	5	7	7
Gross profit	28	14	7	8	9	9	8	11	12	11	9	12
	42	34	44	36	31	37	31	48	19	15	16	22
Research & development	20	14	25	13	9	10	4	8	0	0	1	1
	22	23	18	21	22	27	26	39	17	15	16	21
General & administrative	0	0	0	0	0	0	0	0	0	0	0	21
Other expenses	0	−3	1	3	0	0	1	1	1	1	0	0
Operating income	−14	−20	−37	−28	−22	−27	−22	−36	−7	−5	−8	−10
	3	−9	−2	−1	−5	1	−2	25	16	−1	150	11
Interest income	1	1	1	1	1	1	0	1	1	1	1	2
Interest expense	3	2	3	2	6	3	3	2	2	2	3	1
Other non-operating income	−5	7	0	0	2	−4	0	−27	−18	0	−153	−12
Income before tax	−11	−29	−39	−29	−27	−26	−25	−12	9	−6	142	1
Income tax expense	0	0	0	0	0	0	0	0	0	−1	5	0
Net income from continuing operations	−11	−29	−39	−29	−27	−26	−25	−12	9	−5	137	1
Net income	−5	−9	−15	−11	−13	−7	−11	15	6	−4	110	0
EPS, basic	−$0.94	−$1.19	−$1.03	−$0.73	−$0.76	−$0.37	−$0.48	$0.50	$0.13	−$0.22	$3.44	−$0.08
EPS, diluted	−$0.94	−$1.19	−$1.03	−$0.73	−$0.76	−$0.37	−$0.48	$0.45	$0.11	−$0.17	$2.82	−$0.08
Weighted average shares, basic	7	8	17	18	20	20	26	27	27	28	32	32
Weighted average shares, diluted	7	8	17	18	20	20	26	30	33	36	38	37
EBITDA	−6	−25	−36	−26	−21	−22	−21	−8	12	−3	147	3
Depreciation & amortization	3	2	1	1	3	2	1	1	1	1	2	1
EBIT	−9	−27	−37	−27	−24	−23	−22	−10	11	−5	146	2