Vir Biotechnology, Inc.

VIR Healthcare Biotechnology

Vir Biotechnology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $68.6 million, down 7.61% from fiscal 2024. In the quarter to June 2026, revenue grew 19,582.5%, EPS grew 160.0% and free cash flow grew 200.5%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

9.96 0.51 −4.87%
Market cap
$1.8B
P/E
0.0×
Fwd P/E
−5.9×
Dividend yield
—
F-score
4/9
Altman Z
−0.57
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 8.29
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 6 2 1 13 2 2 1 2 — — — —
Insider Ownership 20.06%

Capital & Financial Ratios $m

Market Cap 1,770.00
Revenue 303.23
Net Income (251.68)
Free Cash Flow (203.67)
Net Debt (534.65)
Current Ratio 6.04 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (5.87) (negative: loss-making)
P/S ratio 5.51
P/B ratio 1.70
Past 5Y EPS Growth —
This Y EPS Growth 43.95% (at or above 15%: strong)
Next Y EPS Growth (43.86%) (below 0%: weak)
Next Y revenue growth 257.66% (at or above 10%: strong)
Next 5Y EPS Growth 12.69%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 22.58%
10-year low 10-year high
P/B against its own 10 years 58.08%
10-year low 10-year high
EV/Sales against its own 10 years 43.88%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,536 995 469 535
Receivables — — — —
Inventory — — — —
Other — — — —
1,588 1,042 514 574
2023 2024 2025 Q'26
Payables 6 5 10 18
ST’ Debt — — — —
Other — 16 — —
175 120 93 95

Compound Annual Growth %

10y 5y 3y
Sales — (2.14%) (65.12%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 1.32% (28.32%)

Revenue $m

Mar Jun Sep Dec Year
’26 0 239 — — —
’25 3 1 0 64 69
’24 56 3 2 12 74
’23 63 4 3 17 86
’22 1,232 (41) 375 49 1,616
’21 2 177 104 813 1,095
’20 6 67 2 2 76
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (132) 123 — — —
’25 (78) (120) (168) (26) (392)
’24 (109) (78) (171) (88) (446)
’23 (126) (389) (156) (108) (779)
’22 550 960 118 35 1,663
’21 (90) 140 (106) 8 (48)
’20 (48) (11) (50) (82) (191)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (133) 123 — — —
’25 (79) (123) (168) (26) (396)
’24 (111) (78) (174) (87) (450)
’23 (133) (399) (160) (109) (800)
’22 534 940 99 23 1,595
’21 (90) 138 (112) (5) (69)
’20 (50) (12) (51) (84) (197)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.85) 0.47 — — —
’25 (0.88) (0.80) (1.17) (0.31) (3.16)
’24 (0.48) (1.02) (1.56) (0.76) (3.83)
’23 (1.06) (1.45) (1.22) (0.86) (4.59)
’22 3.85 (0.58) 1.30 (0.76) 3.83
’21 (1.32) 0.46 0.82 3.92 3.96
’20 (0.71) (0.27) (0.67) (0.83) (2.51)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 11.65 12.00 25.31 18.05 7.72 6.56 4.16

Analyst estimates 2026–2028

Powerpack
High — — — 16.50 75.00 141.01 41.85 31.55 13.09 14.45
People
People Employees — — — 229 327 444 576 587 408 367
Revenue/emp, $m — 0.00 0.00 0.04 0.23 2.47 2.81 0.15 0.18 0.19
Income, $m
Income, $m Revenue — 3 11 8 76 1,095 1,616 86 74 69
Gross margin, % — 100.00 100.00 100.00 100.00 93.99 90.94 96.79 98.86 99.96
EBT — (81) (116) (175) (299) 550 754 (628) (523) (438)
EBT margin, % — (2,982.87) (1,090.78) (2,157.08) (391.02) 50.19 46.68 (728.93) (704.95) (638.56)
Net income — (70) (116) (175) (299) 529 516 (615) (522) (438)
Depreciation — 0 2 4 8 6 (2) 11 20 21
Per share, $
Per share, $ Revenue — 1.26 1.39 0.27 0.64 8.43 12.18 0.64 0.54 0.49
Earnings — (32.46) (15.12) (5.76) (2.51) 4.07 3.89 (4.59) (3.83) (3.16)
Cash flow — (30.85) (12.27) (4.27) (1.60) (0.37) 12.54 (5.81) (3.28) (2.83)
Capex — (1.27) (1.07) (0.29) (0.05) (0.17) (0.51) (0.16) (0.03) (0.03)
Free cash flow — (32.12) (13.34) (4.57) (1.66) (0.53) 12.03 (5.97) (3.30) (2.86)
Book value — 0.00 (23.37) 13.97 6.02 11.02 15.67 11.86 8.44 5.52
Shares, m — 2 8 30 119 130 133 134 136 139
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 10.42 6.37 0.00 0.00 0.00
P/S — 0.00 14.73 47.19 41.79 4.96 2.05 16.36 13.48 12.18
P/B — 0.00 0.00 0.90 4.45 3.80 1.59 0.89 0.87 1.09
EV/Sales — 0.00 (18.19) (0.97) 32.03 4.31 0.55 (1.46) 0.07 5.34
EV/FCF — 0.00 1.39 0.06 (12.40) (68.03) 0.56 0.16 (0.01) (0.92)
Cash, $m
Cash, $m Operating cash flow — (66) (94) (130) (191) (48) 1,663 (779) (446) (392)
Capex — (3) (8) (9) (6) (22) (68) (22) (4) (5)
Free cash flow — (69) (102) (139) (197) (69) 1,595 (800) (450) (396)
Balance, $m
Balance, $m Working capital — 180 78 344 673 1,222 2,008 1,413 923 421
Total debt — — — 1 71 138 128 — — —
Net debt — (188) (109) (390) (745) (717) (2,415) (1,536) (995) (469)
Shareholders’ equity — — (179) 424 717 1,432 2,078 1,590 1,150 765
Returns, %
Returns, % ROA — (31.46) (120.97) (49.65) (41.75) 36.80 21.69 (26.06) (31.46) (36.47)
ROIC — 0.00 0.00 (324.07) 0.00 36.77 0.00 (783.90) (235.77) (101.09)
ROE — 56.33 93.39 (142.74) (52.36) 49.20 29.39 (33.53) (38.09) (45.73)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Vir Biotechnology, 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
MRVI Maravai LifeSciences Holdings, Inc. $1.8B — (loss-making) — (loss-making) +8.53% (above 0%: growing) n/m +127.57% (above 0%: growing) 40.14% (29.33%) Compare
PVLA Palvella Therapeutics, Inc. $1.8B — (loss-making) — (loss-making) −99.09% (below 0%: shrinking) n/m −136.38% (below 0%: shrinking) 100.00% 0.00% Compare
MESO Mesoblast Limited $1.8B — (loss-making) — −13.41% (below 0%: shrinking) n/m −89.23% (below 0%: shrinking) (353.35%) (909.40%) Compare
URGN Urogen Pharma $1.8B — (loss-making) — (loss-making) +199.22% (above 0%: growing) n/m +17.26% (above 0%: growing) 90.93% 0.15% Compare
XNCR Xencor, Inc. $1.8B — (loss-making) — (loss-making) +17.46% (above 0%: growing) n/m −52.91% (below 0%: shrinking) 100.00% (72.37%) Compare
VIR Vir Biotechnology, Inc. $1.8B — (loss-making) — (loss-making) +19,582.54% (above 0%: growing) n/m +200.47% (above 0%: growing) 100.00% 30.75%
SEPN Septerna, Inc. $1.8B — (loss-making) — (loss-making) +22,375.63% (above 0%: growing) n/m −9.01% (below 0%: shrinking) 100.00% (62.95%) Compare
BHVN Biohaven Ltd. $1.7B — (loss-making) — (loss-making) +131.43% (above 0%: growing) n/m +49.13% (above 0%: growing) 0.00% 0.00% Compare
TRVI Trevi Therapeutics, Inc. $1.7B — (loss-making) — — n/m −73.77% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $1.8B — — +17.46% — −30.96% 65.54% (14.66%)

All 614 Biotechnology stocks →

Vir Biotechnology, Inc. (VIR) key facts

  • Concern: Vir Biotechnology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $68.6 million, down 7.61% from fiscal 2024.
  • Concern: Vir Biotechnology, Inc. reported a net loss of $438.0 million, or a loss of $3.16 per share, for fiscal 2025.
  • Vir Biotechnology, Inc. (VIR) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, VIR traded at $9.96, a market capitalization of $1.8 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 5.5× sales.
  • Return on equity was −45.7% and debt-to-equity 0.00.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −0.57 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Vir Biotechnology, Inc. (VIR) Latest News

12 Aug

stockrow.com/VIR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com