Stocks Health care BLTE
NASDAQ · Health careBelite Bio, Inc (BLTE)
It posted a net loss of $77.6M. In fiscal 2025 capital spending exceeded operating cash flow by $37.1M. At December 31, 2025 it held $352.9M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 31, 2026.
Key facts about Belite Bio, Inc
- Net worth
- Belite Bio, Inc has a market value (market cap) of $6.4B at the latest share price, and shareholders' equity of $770.5M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations used $37M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 31, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Belite Bio, Inc does
Belite Bio, Inc is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker BLTE.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | -$77.6M | -$2.31 | -$37.1M |
| 2024 | n/a | -$36.1M | -$1.18 | -$29.4M |
| 2023 | n/a | -$31.6M | -$1.19 | -$29.9M |
| 2022 | n/a | -$12.6M | -$0.63 | -$11.9M |
| 2022 | n/a | -$9.7M | -$1.01 | -$7.5M |
| 2020 | n/a | -$5.8M | -$0.65 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Latest SEC filings
What Belite Bio, Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 19, 2026
- September 8, 2026
- August 13, 2026
- August 11, 2026
- June 15, 2026
- May 20, 2026
- May 14, 2026Passive stake changed SCHEDULE 13G/A
- April 21, 2026
- March 31, 2026
- March 31, 2026
Insider trades
What the people running Belite Bio, Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $32M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 29, 2026 | Lin Yu-HsinChief Executive Officer, Director | Other change | 5,000 | - |
| October 29, 2026 | Chuang Hao-YuanChief Financial Officer, Director | Other change | 5,000 | - |
| October 1, 2026 | Scholl Hendrik PeterChief Medical Officer | Soldpre-planned (10b5-1), indirect | 200 | $32.7K |
| October 1, 2026 | Scholl Hendrik PeterChief Medical Officer | Soldpre-planned (10b5-1), indirect | 24 | $4K |
| October 1, 2026 | Scholl Hendrik PeterChief Medical Officer | Soldpre-planned (10b5-1), indirect | 120 | $19.9K |
| October 1, 2026 | Scholl Hendrik PeterChief Medical Officer | Soldpre-planned (10b5-1), indirect | 50 | $8.3K |
| October 1, 2026 | Scholl Hendrik PeterChief Medical Officer | Soldpre-planned (10b5-1), indirect | 78 | $13.1K |
| October 1, 2026 | Scholl Hendrik PeterChief Medical Officer | Soldpre-planned (10b5-1), indirect | 12 | $2K |
Who owns BLTE
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Lin Bioscience International Ltd.13G, passive | 53.7% | January 21, 2025 |
| Darwin Global Management, Ltd.13G, passive with 2 related filers | 8.1% | February 17, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 81 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Darwin Global Management, Ltd. | 3,077,219 | +19,807 |
| Paradigm Biocapital Advisors LP | 1,232,877 | +118,093 |
| Rtw Investments, LP | 715,332 | 0 |
| Millennium Management LLC | 494,564 | -75,524 |
| Maverick Capital Ltd | 396,311 | new |
| Eventide Asset Management, LLC | 390,829 | +33,179 |
| Deerfield Management Company, L.P. | 357,199 | +53,186 |
| Holocene Advisors, LP | 251,035 | -243,460 |
| Logos Global Management LP | 250,000 | new |
| Morgan Stanley | 235,071 | +33,662 |
| UBS Group AG | 224,989 | -543,370 |
| Citadel Advisors LLC | 186,168 | +184,160 |
| Goldman Sachs Group Inc | 166,188 | +60,679 |
| Affinity Asset Advisors, LLC | 165,000 | +100,000 |
| Mpm Bioimpact LLC | 137,208 | +49,163 |
| Bank of America Corp | 124,783 | +121,005 |
| Patient Square Capital LP | 110,000 | -6,684 |
| Jane Street Group, LLC | 65,801 | +53,579 |
| Bnp Paribas Financial Markets | 57,125 | +24,600 |
| Renaissance Technologies LLC | 55,763 | +3,763 |
Insiders
4 insiders reported holding 525,240 shares in total, about $82.8M at the last price.
| Holder | Shares |
|---|---|
| Lin Yu-HsinChief Executive Officer, Director | 258,083 |
| Chuang Hao-YuanChief Financial Officer, Director | 206,302 |
| Chen Wan-ShanDirector | 46,355 |
| Scholl Hendrik PeterChief Medical Officer | 14,50014,500 held indirectly |
Questions about BLTE
What does Belite Bio, Inc do?
Belite Bio, Inc is a company in the Health care sector, listed on NASDAQ as BLTE. Its shares trade on NASDAQ under the ticker BLTE.
What is Belite Bio, Inc's net worth?
Belite Bio, Inc has a market value (market cap) of $6.4B at the latest share price, and shareholders' equity of $770.5M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Belite Bio, Inc profitable?
No. In fiscal 2025 it reported a net loss of $77.6M.
When did Belite Bio, Inc last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 31, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the insider trade from October 30, 2026.
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Where the numbers come from
Financial figures are the values Belite Bio, Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.