Invivyd, Inc.
NASDAQ:IVVD · NASDAQ Global Market
+$0.04 today
Vol 14.12M · Avg 3.62M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:IVVD · Revenue to Net Income
Key Ratios
Analysis
$55.9M of revenue converted into -$77.6M of net income for the selected period. Gross margin is 92.0% and net margin is -142.4%, showing how much revenue survives after costs and taxes. EPS is $-0.37, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.4M +110.5% | $25.4M | $0 | $0 | $0 | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $3.7M +131.6% | $1.6M | $0 | $0 | $0 | $725.6M | $804.0M | $882.4M |
| Gross Profit | $49.7M +109.0% | $23.8M | $0 | $0 | $0 | $8.9B | $7.6B | $6.2B |
| Gross Margin | 93.0% -0.6pp | 93.6% | — | — | — | 9.8% | 28.9% | 38.3% |
| Research & Development | $38.3M -72.1% | $137.3M -13.5% | $158.7M -11.5% | $179.2M -2.0% | $182.9M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $66.9M +5.6% | $63.4M +29.0% | $49.1M +4.4% | $47.0M +28.8% | $36.5M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $105.2M -47.5% | $200.6M -5.7% | $212.8M -14.2% | $248.0M +9.3% | $226.9M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $2.1M -32.3% | $3.1M +53.5% | $2.0M +339.0% | $462.0K +46100.0% | $1.0K | $374.2M | $1.2B | $631.8M |
| EBITDA | -$50.4M +69.8% | -$166.8M +18.9% | -$205.8M +8.9% | -$225.8M -2.9% | -$219.4M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -94.3% +562.9pp | -657.2% | — | — | — | 5.6% | 46.3% | 42.0% |
| Operating Income | -$55.6M +68.6% | -$176.9M +16.9% | -$212.8M +14.2% | -$248.0M -9.3% | -$226.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -104.0% +592.8pp | -696.8% | — | — | — | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 -100.0% | $7.0M | $0 -100.0% | $6.7M | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 -100.0% | $43.1M | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $3.1M -55.8% | $7.0M -50.8% | $14.1M +110.2% | $6.7M +5589.8% | $118.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$52.5M +69.1% | -$169.9M +14.5% | -$198.6M +17.7% | -$241.3M -6.4% | -$226.8M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -98.2% +571.2pp | -669.4% | — | — | — | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | -$52.5M +69.1% | -$169.9M +14.5% | -$198.6M +17.7% | -$241.3M -6.4% | -$226.8M | $4.9B | $4.8B | $4.7B |
| Net Margin | -98.2% +571.2pp | -669.4% | — | — | — | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 +79.0% | -$1 +21.0% | -$2 +16.6% | -$2 -2.8% | -$2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 +79.0% | -$1 +21.0% | -$2 +16.6% | -$2 -2.8% | -$2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $172.2M +45.3% | $118.6M +8.2% | $109.5M +1.2% | $108.3M -2.3% | $110.8M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $172.2M +45.3% | $118.6M +8.2% | $109.5M +1.2% | $108.3M -2.3% | $110.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

SELLAS Life Sciences Group, Inc.
NASDAQ:SLS
$1.17B
Genfit S.A.
GNFT
$445.68M

C4 Therapeutics, Inc.
NASDAQ:CCCC
$334.23M

OmniAb, Inc.
NASDAQ:OABI
$259.52M

Orchestra BioMed Holdings, Inc.
NASDAQ:OBIO
$233.54M

Codexis, Inc.
NASDAQ:CDXS
$225.88M

Protara Therapeutics, Inc.
NASDAQ:TARA
$154.55M
Insight Molecular Diagnostics Inc.
NASDAQ:IMDX
$146.29M

Neonc Technologies Holdings, Inc.
NASDAQ:NTHI
$99.38M

Sangamo Therapeutics, Inc.
NASDAQ:SGMO
$72.83M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does IVVD generate?
Invivyd, Inc. (IVVD) reported $53.43M of revenue in fiscal 2025.
Is IVVD profitable?
Invivyd, Inc. (IVVD) reported -$52,489,000.00 of net income, with a net margin of -98.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.