Invivyd, Inc.

IVVD

Healthcare Biotechnology

Invivyd, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $53.4 million, up 110.5% from fiscal 2024.

Revenue
+21.2%
EPS
−16.7%
Free cash flow
−226.9%

Quarter to June 2026, against a year earlier

0.56 0.03 −5.08%
Market cap
$166.0M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
n/a
ROIC
−334.9%
Net debt / EBITDA
4.2×
Dividend safety
n/a

Insider Decisions last twelve months

Net sold
$531.3K
Trades
10 sells · 0 buys
Ownership
18.3%

Capital & Financial Ratios $m

Size
Market Cap 166
Revenue ttm 58
Net income ttm (107)
Free cash flow ttm (110)
Net debt Q (160)
Valuation
P/E n/m
Forward P/E n/m
Price / sales 3.1
Forward P/S Powerpack
Price / FCF n/m
Price / book 1.0
Financial health
Current ratio Q 5.9 (at or above 1.5: strong)
Debt / equity Q n/m
Interest coverage Q —
Growth
Revenue growth Q +21.2% (above 0%: growing)
Operating income growth Q −204.2% (below 0%: shrinking)
EPS, this year −75.6% (below 0%: weak)
EPS, next year A +38.0% (at or above 15%: strong)
Revenue, next year A +12.4% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +19.5% (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 41.81%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 201 69 227 160
Receivables — 11 14 11
Inventory — — — —
Other — — — —
225 101 247 182
2023 2024 2025 Q'26
Payables 8 10 14 9
ST’ Debt — — — —
Other 0 0 0 0
50 62 34 31

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (12.13%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.13) (0.14) — — —
’25 (0.14) (0.12) (0.06) 0.00 (0.30)
’24 (0.38) (0.40) (0.51) (0.15) (1.43)
’23 (0.32) (0.46) (0.36) (0.67) (1.81)
’22 (0.93) (0.47) (0.42) (0.41) (2.23)
’21 (0.35) (178.84) (0.98) (0.77) (5.32)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 14 14 — — —
’25 11 12 13 17 53
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (42) (43) — — —
’25 (21) (13) (8) (15) (58)
’24 (50) (42) (41) (38) (170)
’23 (41) (37) (35) (59) (173)
’22 (59) (57) (56) (47) (220)
’21 (24) (34) (54) (73) (185)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (42) (44) — — —
’25 (21) (13) (8) (15) (58)
’24 (50) (42) (41) (38) (171)
’23 (42) (38) (35) (59) (174)
’22 (59) (57) (57) (49) (222)
’21 (24) (34) (54) (73) (185)
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 Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — 25 53 58 +110.5% 60 87 230 +62.7%
Gross margin, % — — — — — 0.00 0.00 — 93.63 92.99 92.23 +93.0 pt
EBT — — — — (65) (227) (241) (199) (170) (52) (107) (4.3%)
EBT margin, % — — — — 0.00 0.00 0.00 0.00 (669.42) (98.25) (183.90) (98.2) pt
Net income — 0 — — (65) (227) (241) (199) (170) (52) (107) n/m
Per share, $
Per share, $ Revenue — — — — 0.00 0.00 0.00 0.00 0.21 0.31 0.18 n/m
Earnings — — — — (18.10) (5.32) (2.23) (1.81) (1.43) (0.30) (0.33) (56.0%)
Cash flow — — — — (4.04) (4.33) (2.03) (1.58) (1.44) (0.34) (0.34) (39.1%)
Capex — — — — 0.00 0.00 (0.02) (0.01) 0.00 0.00 0.00 n/m
Free cash flow — — — — (4.04) (4.34) (2.05) (1.59) (1.44) (0.34) (0.34) (39.1%)
Book value — — — — (18.08) 13.09 3.29 1.62 0.57 1.40 0.57 n/m
Shares, m — — — — 4 43 108 110 119 172 243 +116.7%
Valuation, ×
Valuation, × P/E — — — — — — — — 0.00 0.00 0.00 0.0
P/S — — — — — — — — 0.00 7.96 3.07 4.0
P/B — — — — — — — — 0.77 1.76 0.99 1.3
EV/Sales — — — — — — — — 0.00 3.72 0.33 1.9
EV/FCF — — — — — — — — 0.10 (3.41) (0.18) (1.7)
Cash, $m
Cash, $m Operating cash flow — — — — (15) (185) (220) (173) (170) (58) (108) +31.9%
Capex — — — — — 0 (2) (1) 0 0 (1) +16.6%
Free cash flow — — — — (15) (185) (222) (174) (171) (58) (110) +32.0%
Balance, $m
Balance, $m Working capital — — — — 104 555 352 175 39 213 151 +15.4%
Net debt — — — — (115) (591) (372) (201) (69) (227) (160) +14.5%
Shareholders’ equity — — — — (65) 558 356 177 68 242 181 n/m
Returns, %
Returns, % ROA — — — — (111.29) (61.50) (48.11) (64.88) (94.75) (25.83) (69.69) +85.5 pt
ROIC — — — — 0.00 0.00 0.00 0.00 0.00 (233.82) (334.92) (233.8) pt
ROE — — — — (26.51) (92.05) (52.81) (74.48) (138.71) (33.96) (95.89) (7.5) pt
People
People Employees — — — — — 103 86 95 100 122 — +4.3%
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.25 0.44 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Invivyd, Inc. 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
TRDA Entrada Therapeutics, Inc. $191.5M — (loss-making) — (loss-making) −43.93% (below 0%: shrinking) n/m −7.05% (below 0%: shrinking) 100.00% (4,606.52%) Compare
CGEN Compugen Ltd. $185.7M 5.2× — (loss-making) +107.00% (above 0%: growing) n/m −155.42% (below 0%: shrinking) (3.54%) (339.62%) Compare
MDWD MediWound Ltd. $184.0M — (loss-making) — (loss-making) −45.83% (below 0%: shrinking) n/m −49.90% (below 0%: shrinking) 10.90% (305.89%) Compare
BCYC Bicycle Therapeutics PLC Sponsored ADR $182.5M — (loss-making) — (loss-making) +190.24% (above 0%: growing) n/m +43.48% (above 0%: growing) 100.00% (39.57%) Compare
ACOG Alpha Cognition Inc. $180.5M — (loss-making) — (loss-making) +267.56% (above 0%: growing) n/m −109.25% (below 0%: shrinking) 94.80% (127.29%) Compare
WHWK Whitehawk Therapeutics, Inc. $178.4M — (loss-making) — (loss-making) +33.48% (above 0%: growing) n/m +72.57% (above 0%: growing) 89.36% 0.00% Compare
UPB Upstream Bio, Inc. $176.9M — (loss-making) — (loss-making) −17.50% (below 0%: shrinking) n/m +9.33% (above 0%: growing) 100.00% (5,480.98%) Compare
IVVD Invivyd, Inc. $166.0M — (loss-making) — (loss-making) +21.20% (above 0%: growing) n/m −226.89% (below 0%: shrinking) 91.09% (320.76%)
BBOT BridgeBio Oncology Therapeutics, Inc $163.6M — (loss-making) — — n/m −88.78% (below 0%: shrinking) — 0.00% Compare
Median of peers $181.5M — — +33.48% — −28.47% 94.80% (216.59%)

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 6 April 2026

Ownership

Directors and executive officers, together 12.25%
Entities affiliated with RA Capital Management, L.P. 9.99%
Entities affiliated with Janus Henderson Group plc 8.98%
Entities affiliated with BVF Inc. 8.84%
Entities affiliated with Perceptive Advisors LLC 7.70%
Adimab, LLC 7.16%
Entities affiliated with Maverick Capital, Ltd. 6.71%
Entities affiliated with Point72 Asset Management, L.P. 5.89%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Invivyd, Inc. (IVVD) Latest News

30 Sep

Impact 4 · · clinicaltrialsarena.com

15 May

Impact 3 · · Moby transcript
stockrow.com/IVVD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com