NASDAQ : DBVT
DBV Technologies S.A. — Financial statements
Healthcare · Biotechnology · France
Last price 9.49 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 561.70M
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Financial statements
DBV Technologies S.A. (DBVT) reported revenue of 3.76M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 3.76M | 5.64M | 4.15M | 15.73M | 4.84M | 5.71M |
| Revenue | 3.76M | 5.64M | 4.15M | 15.73M | 4.84M | 5.71M |
| Gross Profit | 3.76M | 5.64M | 4.15M | 15.73M | 4.84M | 5.71M |
| Selling, General & Admin | 67.57M | 36.01M | 31.40M | 31.94M | 25.93M | 34.91M |
| Research & Development | 144.47M | 116.68M | 89.34M | 60.22M | 75.54M | 70.34M |
| Operating Expenses | 212.04M | 152.69M | 120.74M | 92.16M | 101.47M | 105.24M |
| Operating Income | -208.28M | -147.06M | -116.59M | -76.43M | -96.63M | -99.53M |
| Interest Expense | -512.00K | |||||
| Interest & Investment Income | 1.10M | 601.00K | 2.73M | 3.71M | 427.00K | 425.00K |
| Other Non Operating Income (Expenses) | 1.50M | -1.00K | ||||
| EBT Excluding Unusual Items | -206.19M | -146.46M | -113.86M | -72.72M | -96.20M | -99.11M |
| Merger & Restructuring Charges | 920.00K | |||||
| Pretax Income | -206.19M | -146.46M | -113.86M | -72.72M | -96.20M | -98.19M |
| Income Tax Expense | 1.09M | 491.00K | 55.00K | 7.00K | 70.00K | -381.00K |
| Net Income | -207.28M | -146.95M | -113.92M | -72.73M | -96.27M | -97.81M |
| Net Income to Common | -207.28M | -146.95M | -113.92M | -72.73M | -96.27M | -97.81M |
| Shares Outstanding (Basic) | 371.21M | 139.57M | 97.00M | 95.12M | 77.38M | 54.92M |
| Shares Outstanding (Diluted) | 371.21M | 139.57M | 97.00M | 95.12M | 77.38M | 54.92M |
| EPS (Basic) | -0.56 | -1.05 | -1.17 | -0.76 | -1.24 | -1.78 |
| EPS (Diluted) | -0.56 | -1.05 | -1.17 | -0.76 | -1.24 | -1.78 |
| Free Cash Flow | -191.76M | -121.71M | -106.81M | -80.33M | -56.42M | -109.15M |
| Free Cash Flow Per Share | -0.52 | -0.87 | -1.10 | -0.84 | -0.73 | -1.99 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | -5,536.36% | -2,609.23% | -2,808.70% | -485.97% | -1,994.86% | -1,743.78% |
| Profit Margin | -5,509.91% | -2,607.29% | -2,744.35% | -462.40% | -1,987.49% | -1,713.54% |
| Free Cash Flow Margin | -5,097.31% | -2,159.56% | -2,573.16% | -510.75% | -1,164.74% | -1,912.26% |
| EBITDA | -205.48M | -143.86M | -63.27M | -83.47M | -91.16M | |
| D&A For EBITDA | 2.80M | 3.19M | 13.16M | 13.16M | 8.38M | |
| EBIT | -208.28M | -147.06M | -116.59M | -76.43M | -96.63M | -99.53M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 165.70M | 194.17M | 32.46M | 141.37M | 209.19M | 77.30M |
| Cash & Short-Term Investments | 165.70M | 194.17M | 32.46M | 141.37M | 209.19M | 77.30M |
| Other Receivables | 16.15M | 10.39M | 15.45M | 11.20M | 32.94M | |
| Receivables | 16.15M | 10.39M | 15.45M | 11.20M | 32.94M | |
| Prepaid Expenses | 2.63M | 1.54M | 2.10M | 2.68M | 4.15M | |
| Other Current Assets | 23.90M | |||||
| Total Current Assets | 189.60M | 212.94M | 44.39M | 158.91M | 223.07M | 114.39M |
| Property, Plant & Equipment | 17.00M | 14.95M | 16.81M | 17.87M | 17.61M | 25.48M |
| Long-Term Investments | 5.19M | 4.31M | 2.07M | 1.77M | 2.67M | |
| Other Intangible Assets | 22.00K | 40.00K | 58.00K | 10.00K | 22.00K | |
| Other Long-Term Assets | 8.80M | 619.00K | 110.00K | 4.07M | 4.05M | 4.17M |
| Total Assets | 215.40M | 233.72M | 65.66M | 182.99M | 246.52M | 146.72M |
| Accounts Payable | 42.00M | 40.94M | 22.03M | 23.30M | 14.47M | 11.43M |
| Accrued Expenses | 13.69M | 7.29M | 7.83M | 5.87M | 6.71M | |
| Current Portion of Long-Term Debt | 510.00K | |||||
| Current Portion of Leases | 800.00K | 1.12M | 654.00K | 1.14M | 1.89M | 3.00M |
| Current Income Taxes Payable | 592.00K | 188.00K | 223.00K | 69.00K | 182.00K | |
| Current Unearned Revenue | 2.14M | 4.15M | ||||
| Other Current Liabilities | 15.70M | 1.69M | 968.00K | 4.84M | 5.08M | 5.42M |
| Total Current Liabilities | 58.50M | 58.02M | 31.14M | 37.34M | 29.52M | 31.40M |
| Long-Term Debt | 200.00K | |||||
| Long-Term Leases | 6.50M | 5.41M | 6.30M | 4.53M | 1.13M | 7.15M |
| Pension & Post-Retirement Benefits | 790.00K | 1.01M | ||||
| Other Long-Term Liabilities | 1.60M | 1.51M | 838.00K | 934.00K | 20.63M | 7.90M |
| Total Liabilities | 66.80M | 64.95M | 38.27M | 42.80M | 52.06M | 47.45M |
| Common Stock | 36.10M | 26.91M | 11.65M | 10.97M | 10.72M | 6.54M |
| Additional Paid-In Capital | 459.20M | 541.25M | 315.61M | 377.47M | 458.22M | 358.12M |
| Retained Earnings | -334.80M | -393.13M | -286.38M | -238.86M | -259.58M | -258.53M |
| Treasury Stock | -1.00M | -834.00K | -1.31M | -1.26M | -1.11M | -1.23M |
| Comprehensive Income & Other | -10.90M | -5.43M | -12.19M | -8.13M | -13.80M | -5.62M |
| Shareholders' Equity | 148.60M | 168.77M | 27.39M | 140.19M | 194.45M | 99.27M |
| Total Liabilities & Equity | 215.40M | 233.72M | 65.66M | 182.99M | 246.52M | 146.72M |
| Total Debt | 7.50M | 6.53M | 6.95M | 5.67M | 3.02M | 10.66M |
| Net Cash (Debt) | 158.20M | 187.64M | 25.50M | 135.70M | 206.17M | 66.64M |
| Net Cash Per Share | 0.43 | 1.34 | 0.26 | 1.43 | 2.66 | 1.21 |
| Filing Date Shares Outstanding | 314.39M | 235.60M | 102.58M | 96.21M | 93.99M | 54.94M |
| Total Common Shares Outstanding | 314.20M | 235.60M | 102.58M | 96.21M | 93.99M | 54.94M |
| Working Capital | 131.10M | 154.92M | 13.25M | 121.58M | 193.55M | 82.99M |
| Book Value Per Share | 0.47 | 0.72 | 0.27 | 1.46 | 2.07 | 1.81 |
| Tangible Book Value | 148.60M | 168.75M | 27.35M | 140.13M | 194.44M | 99.25M |
| Tangible Book Value Per Share | 0.47 | 0.72 | 0.27 | 1.46 | 2.07 | 1.81 |
| Machinery | 32.09M | 27.65M | 25.42M | 27.55M | ||
| Construction In Progress | 1.16M | 1.19M | 4.47M | 4.39M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -207.28M | -146.95M | -113.92M | -72.73M | -96.27M | -97.81M |
| Depreciation & Amortization | 2.80M | 3.19M | -925.00K | -14.00M | 13.16M | 8.38M |
| Stock-Based Compensation | 12.87M | 5.39M | 4.62M | 6.02M | 5.03M | 3.12M |
| Other Operating Activities | 11.05M | 15.85M | 1.39M | 99.00K | 100.00K | 840.00K |
| Change in Accounts Receivable | 2.15M | |||||
| Change in Inventory | -12.28M | -16.06M | -1.39M | |||
| Change in Accounts Payable | 4.12M | 15.78M | 272.00K | 8.42M | 3.46M | -7.56M |
| Change in Other Net Operating Assets | 371.00K | 1.62M | 5.48M | -7.47M | 18.86M | -17.36M |
| Operating Cash Flow | -188.35M | -121.18M | -104.47M | -79.65M | -55.67M | -108.24M |
| Capital Expenditures | -3.42M | -532.00K | -2.34M | -677.00K | -754.00K | -910.00K |
| Sale of Property, Plant & Equipment | 8.00K | 604.00K | ||||
| Sale (Purchase) of Intangibles | -6.00K | -6.00K | -3.00K | -8.00K | ||
| Investment in Securities | -706.00K | -831.00K | 1.58M | -131.00K | 647.00K | -119.00K |
| Other Investing Activities | -2.80M | -1.00K | ||||
| Investing Cash Flow | -6.93M | -1.37M | -757.00K | -808.00K | -100.00K | -433.00K |
| Long-Term Debt Repaid | -474.00K | -689.00K | ||||
| Net Debt Issued (Repaid) | -474.00K | -689.00K | ||||
| Issuance of Common Stock | 226.00M | 206.13M | 634.00K | 6.92M | 106.50M | 699.00K |
| Repurchase of Common Stock | -200.00K | -47.00K | -154.00K | |||
| Other Financing Activities | 70.35M | 70.05M | 88.09M | 264.00K | ||
| Financing Cash Flow | 296.15M | 276.18M | 587.00K | 6.77M | 194.12M | 274.00K |
| Foreign Exchange Rate Adjustments | -5.00M | 8.08M | -4.27M | 5.87M | -6.46M | -10.65M |
| Miscellaneous Cash Flow Adjustments | -1.00K | -1.00K | 1.00K | 1.00K | ||
| Net Cash Flow | 95.88M | 161.71M | -108.91M | -67.83M | 131.89M | -119.05M |
| Free Cash Flow | -191.76M | -121.71M | -106.81M | -80.33M | -56.42M | -109.15M |
| Free Cash Flow Margin | -5,097.31% | -2,159.56% | -2,573.16% | -510.75% | -1,164.74% | -1,912.26% |
| Free Cash Flow Per Share | -0.52 | -0.87 | -1.10 | -0.84 | -0.73 | -1.99 |
| Levered Free Cash Flow | -124.78M | -64.28M | -71.61M | -51.53M | -20.01M | -98.09M |
| Unlevered Free Cash Flow | -124.46M | -64.28M | -71.61M | -51.53M | -20.01M | -98.09M |
| Change in Working Capital | -7.79M | 1.34M | 4.36M | 953.00K | 22.32M | -22.77M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 563.10M | 796.16M | 66.89M | 196.73M | 315.93M | 191.28M |
| Enterprise Value | 407.55M | 733.97M | 30.66M | 42.67M | 87.21M | 106.36M |
| Last Close Price | 9.49 | 19.17 | 3.09 | 9.53 | 15.30 | 16.00 |
| PS Ratio | 158.54 | 141.26 | 16.11 | 12.51 | 65.22 | 33.51 |
| PB Ratio | 4.01 | 4.72 | 2.44 | 1.40 | 1.62 | 1.93 |
| P/TBV Ratio | 4.01 | 4.72 | 2.45 | 1.40 | 1.62 | 1.93 |
| EV/Sales Ratio | 117.19 | 130.23 | 7.39 | 2.71 | 18.00 | 18.63 |
| Debt / Equity Ratio | 0.05 | 0.04 | 0.25 | 0.04 | 0.02 | 0.11 |
| Net Debt / Equity Ratio | -1.06 | -1.11 | -0.93 | -0.97 | -1.06 | -0.67 |
| Net Debt / EBITDA Ratio | 0.77 | 1.30 | 2.15 | 2.47 | 0.73 | |
| Net Debt / FCF Ratio | 0.82 | 1.54 | 0.24 | 1.69 | 3.65 | 0.61 |
| Asset Turnover | 0.02 | 0.04 | 0.03 | 0.07 | 0.03 | 0.03 |
| Quick Ratio | 2.83 | 3.62 | 1.38 | 4.20 | 7.47 | 3.51 |
| Current Ratio | 3.24 | 3.67 | 1.43 | 4.26 | 7.56 | 3.64 |
| Return on Equity (ROE) | -205.79% | -149.83% | -135.96% | -43.46% | -65.55% | -64.19% |
| Return on Assets (ROA) | -79.89% | -61.40% | -58.61% | -22.24% | -30.72% | -29.70% |
| Return on Capital Employed (ROCE) | -132.70% | -83.70% | -337.70% | -52.50% | -44.50% | -86.30% |
| Earnings Yield | -29.94% | -18.46% | -170.31% | -36.97% | -30.47% | -51.13% |
| FCF Yield | -32.15% | -15.29% | -159.69% | -40.83% | -17.86% | -57.06% |
| Buyback Yield / Dilution | -213.71% | -43.90% | -1.97% | -22.92% | -40.91% | -1.52% |