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

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