Sorrento Therapeutics Net Income

Sorrento Therapeutics's net income stands at $-530M as of June 2023. That compares with $-530M in the prior-year period — down 1.7% year over year. That is below the Healthcare sector average of $17B. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Sorrento Therapeutics reported $-530M in net income versus $-530M a year earlier — a 1.7% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Sorrento Therapeutics sits lower the Healthcare benchmark ($17B) with a net income of $-530M. That is roughly 103.2% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $-530M in the prior-year period — down 1.7% year over year. Sustained growth in net income can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Sorrento Therapeutics's net income evolved across reporting periods, while the comparison chart places SRNE next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.