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DBV Technologies S.A. (DBVT) Q1 2025 earnings results (first quarter 2025)

10-Q filed Apr 30, 2025

DBV Technologies S.A. (DBVT) reported revenue of $753K for the first quarter 2025 (Q1 2025), -46% from a year earlier and +47% from the quarter before.

Revenue$753K
Year over year-46%
Quarter over quarter+47%
Operating margin—
Net earnings−$27.1M

DBV Technologies S.A., Q1 2025: revenue $753K (-46% year over year), net loss $27.1M, operating cash flow −$19.7M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$753K+47%-46%
Operating profit−$26.6M——
Net earnings−$27.1M——
Operating cash flow−$19.7M——

What changed

Revenue was $753K in Q1 2025, down 46% year over year and up 47% from the previous quarter.

Operating costs exceeded revenue by $26.6M, an operating margin of -3532.5%. Total costs fell 9% while revenue fell 46%. The quarter ended with a net loss of $27.1M, after a profit of $204.8M the previous quarter.

Operating cash flow was −$19.7M. Non-cash charges added back $1.7M of share-based compensation. Working capital and other items added $5.7M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$19.7M.

Questions

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Source: DBV Technologies S.A. 10-Q on SEC EDGAR.