InflaRx N.V.

IFRX

Healthcare Biotechnology

InflaRx N.V.’s revenue for fiscal 2025 (year ended December 2025) was $33,200.00, down 81.5% from fiscal 2024.

Revenue
−128.9%
EPS
+90.9%
Free cash flow
+59.8%

Quarter to September 2026, against a year earlier

1.31 0.05 −3.68%
Market cap
$192.3M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
2/9
ROIC
−87.3%
Net debt / EBITDA
1.0×
Dividend safety
n/a

Insider Decisions last twelve months

Net bought
—
Trades
0 sells · 0 buys
Ownership
14.8%

Capital & Financial Ratios $m

Size
Market Cap 192
Revenue ttm 0
Net income ttm (32)
Free cash flow ttm (21)
Net debt Q (137)
Valuation
P/E n/m
Forward P/E n/m
Price / sales 6,308.9 (above 10: high)
Forward P/S Powerpack
Price / FCF n/m
Price / book 1.2
Financial health
Current ratio Q 7.3 (at or above 1.5: strong)
Debt / equity Q n/m
Interest coverage Q (412.8)
Growth
Revenue growth Q −128.9% (below 0%: shrinking)
Operating income growth Q +42.9% (above 0%: growing)
EPS, this year +66.5% (at or above 15%: strong)
EPS, next year A −38.4% (below 0%: weak)
Revenue, next year A −57.1% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +16.7% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/B against its own 10 years 47.13%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 98 63 55 137
Receivables 4 2 2 1
Inventory 12 7 — —
Other 4 6 4 1
118 78 61 139
2023 2024 2025 Q'26
Payables 13 12 6 5
ST’ Debt — — — —
Other 5 3 8 14
18 15 15 19

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (11.97%) (20.36%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.09) (0.11) (0.02) — —
’25 (0.14) (0.24) (0.21) (0.17) (0.77)
’24 (0.19) (0.26) (0.33) (0.09) (0.85)
’23 (0.27) (0.15) (0.14) (0.30) (0.84)
’22 (0.36) 0.01 (0.18) (0.18) (0.71)
’21 (0.22) (0.40) (0.32) (0.33) (1.30)
’20 (0.35) (0.42) (0.29) (0.38) (1.44)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — 0 0 0 0
’24 0 0 0 0 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) (3) (5) — —
’25 (15) (10) (11) (4) (40)
’24 (16) (13) (11) (12) (53)
’23 (11) (12) (6) (12) (41)
’22 (14) (13) (2) (7) (36)
’21 (13) (9) (11) (14) (47)
’20 (12) (8) (11) (10) (42)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) (3) (5) — —
’25 (15) (10) (11) (4) (40)
’24 (16) (13) (11) (12) (53)
’23 (11) (12) (6) (12) (41)
’22 (14) (13) (2) (7) (36)
’21 (13) (9) (11) (14) (47)
’20 (12) (8) (11) (10) (42)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 0 0 0 0 (30.3%) 0 0 0 (24.6%)
Gross margin, % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (743.48) (1,900.78) (24,666.87) (26,762.42) (24,666.9) pt
EBT (10) (27) (35) (60) (39) (54) (31) (46) (50) (52) (34) +20.1%
EBT margin, % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (67,612.15) (27,781.83) (155,470.48) 0.00 (155,470.5) pt
Net income (10) (27) (35) (60) (39) (54) (31) (46) (50) (52) (32) +20.2%
Per share, $
Per share, $ Revenue 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings (351.65) (2.94) (1.40) (2.29) (1.44) (1.30) (0.71) (0.84) (0.85) (0.77) (0.39) (49.4%)
Cash flow (196.63) (1.46) (1.12) (1.86) (1.54) (1.13) (0.80) (0.74) (0.89) (0.59) (0.14) (47.5%)
Capex (2.09) (0.02) (0.04) (0.03) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (50.2%)
Free cash flow (198.72) (1.48) (1.15) (1.89) (1.55) (1.14) (0.81) (0.75) (0.89) (0.60) (0.14) (47.5%)
Book value (1,011.65) 14.34 7.12 4.61 3.29 2.99 2.11 2.02 1.13 0.70 1.13 n/m
Shares, m 0 9 25 26 27 42 44 55 59 67 101 +137.4%
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00 0.00 0.0
P/S — — — — — — — 0.00 811.22 2,220.94 6,308.89 1,010.7
P/B — — — — — — — 0.81 2.19 1.45 1.16 1.5
EV/Sales — — — — — — — 0.00 461.86 411.26 1,845.43 291.0
EV/FCF — — — — — — — 0.18 (1.57) (0.31) (2.74) (0.6)
Cash, $m
Cash, $m Operating cash flow (6) (14) (28) (48) (42) (47) (36) (41) (53) (40) (20) +24.6%
Capex 0 0 (1) (1) 0 0 0 0 0 0 0 +18.1%
Free cash flow (6) (14) (29) (49) (42) (47) (36) (41) (53) (40) (21) +24.5%
Balance, $m
Balance, $m Working capital 31 135 178 118 87 91 89 100 62 46 120 +4.6%
Net debt (32) (139) (185) (129) (93) (99) (86) (98) (63) (55) (137) +6.2%
Shareholders’ equity (28) 135 179 120 89 125 93 111 66 47 166 n/m
Returns, %
Returns, % ROA (10.88) (31.66) (21.44) (36.80) (32.77) (43.39) (24.28) (38.81) (46.94) (71.35) (25.90) (60.5) pt
ROIC 0.00 0.00 0.00 0.00 0.00 (136.29) (500.66) (295.14) (1,042.21) 0.00 (87.31) 0.0 pt
ROE (17.21) (51.42) (22.44) (39.92) (37.16) (50.57) (28.55) (45.25) (56.17) (91.00) (30.98) (73.8) pt
People
People Employees 17 21 38 45 49 59 48 66 74 65 — +16.1%
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025 · fundamentals updated 5 Nov 2026

InflaRx N.V. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SLGL Sol-Gel Technologies Ltd. $206.3M — (loss-making) — (loss-making) −96.58% (below 0%: shrinking) n/m −8.76% (below 0%: shrinking) 100.00% (704.23%) Compare
RNAC Cartesian Therapeutics, Inc. $205.1M — (loss-making) — (loss-making) −92.91% (below 0%: shrinking) −7.84% (below 0%: shrinking) −6.15% (below 0%: shrinking) 100.00% 0.00% Compare
DRUG Bright Minds Biosciences Inc. $204.2M — (loss-making) — — n/m −124.63% (below 0%: shrinking) 0.00% 0.00% Compare
PLX Protalix BioTherapeutics, Inc. $202.2M 10.5× 10.6× +27.07% (above 0%: growing) +2,280.95% (above 0%: growing) −94.09% (below 0%: shrinking) 60.99% 23.48% Compare
PALI Palisade Bio, Inc. $202.2M 1.8× — (loss-making) +19,900.00% (above 0%: growing) n/m −318.44% (below 0%: shrinking) 100.00% (2,339.60%) Compare
ARTV Artiva Biotherapeutics, Inc. $201.9M — (loss-making) — (loss-making) — n/m +13.60% (above 0%: growing) 100.00% 0.00% Compare
IKT Inhibikase Therapeutics, Inc. $200.9M — (loss-making) — (loss-making) −100.00% (below 0%: shrinking) n/m −123.23% (below 0%: shrinking) 0.00% 0.00% Compare
ELDN Eledon Pharmaceuticals, Inc. $199.9M — (loss-making) — — n/m −28.02% (below 0%: shrinking) 0.00% 0.00% Compare
IFRX InflaRx N.V. $199.7M — (loss-making) — (loss-making) −128.93% (below 0%: shrinking) n/m +59.76% (above 0%: growing) 14,029.95% 0.00%
Median of peers $202.2M — — −92.91% — −61.05% 80.50% 0.00%

All 621 Biotechnology stocks →

InflaRx N.V. (IFRX) Latest News

27 Oct

Impact 4 · · GlobeNewswire

21 Sep

7 May

Impact 4 · · Insider Monkey

28 Apr

2 Feb

Impact 3 · · Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.

10 Nov

Impact 3 · · Associated Press Finance
stockrow.com/IFRX · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com