Skye Bioscience, Inc.

Skye Bioscience, Inc.verified

SKYE

Price:

$1.21

Market Cap:

$38.77M

Skye Bioscience, Inc., a biopharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. The company's lead product candidate is SBI-100, which is in Phase I trials for the treatment of glaucoma and ocular hypertension. It is also developing SBI-200 that is in preclinical trials to treat and manage various eye diseases, including uveitis, dry eye syndrome, macular degeneration and diabetic retinopathy. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. was founded in 2012 and is headquartered in San Diego, California.

Industry

Biotechnology

IPO Date

2014-11-26

Stock Exchange

NASDAQ

Ticker

SKYE

The ROE as of December 2025 (TTM) for Skye Bioscience, Inc. (SKYE) is -68.65%

According to Skye Bioscience, Inc.’s latest financial reports and current stock price. The company's current ROE is -68.65%. This represents a change of 249.66% compared to the average of -19.63% of the last 4 quarters.

Skye Bioscience, Inc. (SKYE) Historical ROE (quarterly & annually)

How has SKYE ROE performed in the past?

The mean historical ROE of Skye Bioscience, Inc. over the last ten years is 66.69%. The current -68.65% ROE has changed -202.93% with respect to the historical average. Over the past ten years (40 quarters), SKYE's ROE was at its highest in in the December 2019 quarter at 3.93%. The ROE was at its lowest in in the September 2023 quarter at -1471.52%.

Quarterly (TTM)
Annual

Average

66.69%

Median

157.64%

Minimum

-1455.46%

Maximum

1.77%

Skye Bioscience, Inc. (SKYE) ROE by Quarter and Year

Discovering the peaks and valleys of Skye Bioscience, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 172.65%

Maximum Annual ROE = 1.77%

Minimum Annual Increase = -858.25%

Minimum Annual ROE = -1455.46%

Quarterly (TTM)
Annual
YearROEChange
2024-38.98%-102.21%
20231.77%172.65%
2022647.66%-545.67%
2021-145.32%-90.02%
2020-1455.46%-858.25%
2019191.95%55.63%
2018123.34%-68.11%
2017386.71%76.55%
2016219.04%-121.31%
2015-1027.86%-270.51%

Skye Bioscience, Inc. (SKYE) Average ROE

How has SKYE ROE performed in the past?

The current ROE of Skye Bioscience, Inc. (SKYE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

791.51%

5-year avg

154.75%

10-year avg

66.69%

Skye Bioscience, Inc. (SKYE) ROE vs. Peers

How is SKYE’s ROE compared to its peers?

Skye Bioscience, Inc.’s ROE is greater than Aligos Therapeutics, Inc. (-132.42%), greater than Xilio Therapeutics, Inc. (-618.98%), less than Mersana Therapeutics, Inc. (183.15%), greater than INmune Bio, Inc. (-172.00%), greater than X4 Pharmaceuticals, Inc. (-375.31%), greater than Kezar Life Sciences, Inc. (-63.52%), greater than Barinthus Biotherapeutics plc (-70.19%), greater than LAVA Therapeutics N.V. (-106.65%), greater than PDS Biotechnology Corporation (-1.47%), greater than CEL-SCI Corporation (-259.39%),

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