Sunday 11 October 2026 Export all VXRT data to Excel Powerpack

VAXART, INC.

VAXART, INC.’s revenue for fiscal 2025 (year ended December 2025) was $237.3 million, up 726.7% from fiscal 2024. In the quarter to June 2026, revenue fell 31.6%, EPS grew 14.3% and free cash flow grew 117.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

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Market cap: $92.4M
P/E: 2.8×
Fwd P/E: 2.1×
Dividend yield: —
F-score: 6/9
Altman Z: −1.06
Beneish M: 3.73
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	4	6	6	6
ROE Full definition →		(106.52%)	22.26%	53.10%	66.97%
ROA Full definition →		(26.99%)	9.26%	21.91%	23.44%
ROIC Full definition →		0.00%	47.09%	72.11%	134.59%
Return on Tangible Assets Full definition →		110.55%	29.79%	62.15%	78.61%
Average Days of Receivables Full definition →		211.67	78.99	82.21	70.57
Free Cash Flow per Share Full definition →		(0.13)	0.03	0.06	0.14
Free Cash Flow Full definition →		(30.48)	7.57	14.80	33.40
Capital Expenditures Full definition →		(0.18)	(0.14)	(0.45)	(0.58)
Other line items
Cash ROIC Full definition →		(54.87%)	5.00%	9.54%	22.82%
Accounts Receivable Turnover Full definition →		3.31	7.49	6.94	5.52
Accounts Payable Turnover Full definition →		0.00	0.00	0.00	0.00
Average Days of Payables Full definition →		0.00	0.00	0.00	0.00
Tax Rate Full definition →		0.01	(0.03)	(0.01)	(0.01)
Research and Development Expense of Revenue Full definition →		120.83%	84.96%	78.34%	75.81%
Selling, General and Administrative Expense of Revenue Full definition →		12.12%	7.42%	6.72%	7.89%
Share Based Compensation of Revenue Full definition →		6.04%	3.50%	2.87%	2.68%
Interest Coverage Full definition →		(15.26)	6.40	16.38	18.03
Operating CF/Net income Full definition →		0.60	0.47	0.41	0.88
Depreciation/Fixed assets Full definition →		1.32	1.53	1.50	1.04
Capex/Depreciation Full definition →		(0.02)	(0.02)	(0.06)	(0.10)
Revenue per Share Full definition →		0.65	1.03	1.06	1.00
Operating CF per Share Full definition →		(0.13)	0.03	0.06	0.14
Capex per Share Full definition →		0.00	0.00	0.00	0.00
Capex to Sales Full definition →		0.00	0.00	0.00	0.00

Fold the line items

Columns are period end dates

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