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DBV Technologies S.A. (DBVT) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 30, 2026

DBV Technologies S.A. (DBVT) reported revenue of $900K for the first quarter 2026 (Q1 2026), +12% from a year earlier and +42% from the quarter before.

Revenue$900K
Year over year+12%
Quarter over quarter+42%
Operating margin—
Net earnings−$47.6M

DBV Technologies S.A., Q1 2026: revenue $900K (+12% year over year), net loss $47.6M, operating cash flow −$49.1M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$900K+42%+12%
Operating profit−$47.9M——
Net earnings−$47.6M——
Operating cash flow−$49.1M——

What changed

Revenue was $900K in Q1 2026, up 12% year over year and up 42% from the previous quarter.

Operating costs exceeded revenue by $47.9M, an operating margin of -5322.2%. Total costs grew 78% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+1500%). The quarter ended with a net loss of $47.6M, wider than the previous quarter's $44.8M loss.

Operating cash flow was −$49.1M. Non-cash charges added back $2.3M of share-based compensation. Working capital and other items used $3.8M. Capital expenditures of $400K exceeded it, leaving free cash flow of −$49.5M.

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