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Nasdaq · Healthcare

Invivyd, Inc. (IVVD)

As-reported financials and SEC filings for Invivyd, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Invivyd, Inc.

Invivyd, Inc. is a biopharmaceutical company that develops monoclonal antibody therapies to prevent and treat serious viral infectious diseases, starting with COVID-19. Its main product, PEMGARDA, is authorized for emergency use to prevent COVID-19 in immunocompromised adults and adolescents. The company is also advancing additional antibody candidates for COVID-19 prevention and treatment, as well as developing therapies for other viral diseases like respiratory syncytial virus and measles.

Snapshot

Revenue
$53.4M
Revenue growth (YoY)
110.5%
Net income
$-52.5M
Diluted EPS
$-0.30
Gross margin
Operating margin
-104.0%
Net margin
-98.2%
FCF margin
-109.1%
ROE
-21.7%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$265.3M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Invivyd

  • Revenue grew 110.5% to $53M in FY2025.
  • Most recent quarter Q2 FY2026: revenue $14M, up 21.2% from Q2 FY2025.
  • Free cash flow was negative $58M in FY2025.
  • Net loss narrowed to $52M in FY2025, from $170M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Invivyd’s fundamentals sit among the 71 biotech companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin-104.0%
3rd percentile of 31
Net margin-98.2%
Lowest of 32
FCF margin-109.1%
4th percentile of 28
Revenue growth (YoY)+110.5%
81st percentile of 64
ROE-21.7%
58th percentile of 61
Short interest11.24d
69th percentile of 71

Invivyd’s net margin of -98.2% is the lowest of the 32 biotech companies reporting it. Invivyd’s operating margin of -104.0% ranks in the 3rd percentile of the 31 biotech companies reporting it. Invivyd’s FCF margin of -109.1% ranks in the 4th percentile of the 28 biotech companies reporting it.

No reported insider purchases (code P) in the last 90 days; 10 insider sales totaling $177,087. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$30.2M
reported long value
InvestorAs ofPosition valueSharesChange
Maverick CapitalQ2 2026$16.6M19.0MHeld
Point72 Asset ManagementquantQ2 2026$6.6M7.5MAdded
Citadel AdvisorsquantQ2 2026$3.1M3.6MAdded
Two Sigma InvestmentsquantQ2 2026$2.0M2.3MAdded
Millennium ManagementquantQ2 2026$1.1M1.2MReduced
Renaissance TechnologiesquantQ2 2026$868,329995.3KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
10
$177K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-18
Andersen JillChief Legal Officer, SecretarySell30.7K$0.84$26K
2026-08-18
Duke William E.Chief Financial OfficerSell18.4K$0.84$16K
2026-08-18
Green JulieChief Human Resources OfficerSell18.4K$0.84$16K
2026-08-18
Lee Timothy EdwardChief Commercial OfficerSell18.4K$0.84$16K
2026-08-18
Allen Robert D. IIIChief Scientific OfficerSell17.0K$0.84$14K
2026-08-17
filed 2026-08-18
Andersen JillChief Legal Officer, SecretarySell37.3K$0.72$27K
2026-08-17
filed 2026-08-18
Duke William E.Chief Financial OfficerSell22.4K$0.72$16K
2026-08-17
filed 2026-08-18
Green JulieChief Human Resources OfficerSell22.4K$0.72$16K
2026-08-17
filed 2026-08-18
Lee Timothy EdwardChief Commercial OfficerSell22.4K$0.72$16K
2026-08-17
filed 2026-08-18
Allen Robert D. IIIChief Scientific OfficerSell20.7K$0.72$15K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
30.9M
settled 2026-08-14
Change vs prior
+11.2%
vs previous settlement
Days to cover
11.24
at avg daily volume
Avg daily volume
2.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1430.9M+11.2%11.24
2026-07-3127.8M-5.1%8.89
2026-07-1529.3M+6.8%8.56
2026-06-3027.4M-20.3%3.60
2026-06-1534.4M+11.3%5.99
2026-05-2930.9M-0.4%10.64
2026-05-1531.1M+6.2%9.48
2026-04-3029.3M+0.0%21.75

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$53.4M$25.4M$0
Gross profit
Operating income$-55.6M$-176.9M$-212.8M$-248.0M$-226.9M
Net income$-52.5M$-169.9M$-198.6M$-241.3M$-226.8M
Diluted EPS$-0.30$-1.43$-1.81$-2.23$-5.32

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$226.7M$69.3M$200.6M$92.1M$542.2M
Current assets$247.5M$100.7M$224.9M$376.9M$616.7M
Total assets$276.9M$129.5M$229.2M$383.2M$620.1M
Current liabilities$34.2M$62.0M$50.3M$25.0M$62.1M
Long-term debt
Total liabilities$35.3M$62.0M$51.7M$27.2M$62.1M
Total equity$241.5M$67.5M$177.5M$356.0M$558.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-58.1M$-170.5M$-173.2M$-220.0M$-184.7M
Capital expenditure$155,000$140,000$615,000$1.7M$84,000
Free cash flow$-58.3M$-170.6M$-173.8M$-221.7M$-184.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$14.3M21.2%$-44.4M$-0.14
Q1 FY2026$13.7M21.6%$-41.4M$-0.13
Q4 FY2025$17.2M24.5%$-11.1M$-0.04
Q3 FY2025$13.1M41.2%$-10.5M
Q2 FY2025$11.8M420.6%$-14.7M
Q1 FY2025$11.3M$-16.3M
Q4 FY2024$13.8M$-18.4M
Q3 FY2024$9.3M$-60.7M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryBiological Products, (No Diagnostic Substances)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1832038

Selected SEC filings

10-K2026-03-05
View on EDGAR →
10-Q2026-08-13
View on EDGAR →
10-Q2026-05-14
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-07-24
View on EDGAR →
8-K2026-07-06
View on EDGAR →
8-K2026-05-19
View on EDGAR →

Largest biotech peers

All biotech stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.