Filing Flows › Invivyd (IVVD) › Q1 2025
Invivyd (IVVD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Invivyd (IVVD) reported revenue of $11.3M for the first quarter 2025 (Q1 2025) and -18% from the quarter before. Operating margin was -149.7%, net loss $16.3M (144.1% of revenue).
Invivyd, Q1 2025: revenue $11.3M, operating margin -149.7%, net loss $16.3M, operating cash flow −$21.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.3M | -18% | — |
| Operating profit | −$16.9M | — | — |
| Net earnings | −$16.3M | — | — |
| Operating cash flow | −$21.1M | — | — |
What changed
Revenue was $11.3M in Q1 2025, down 18% from the previous quarter.
Operating costs exceeded revenue by $16.9M, an operating margin of -149.7%. The quarter ended with a net loss of $16.3M, narrower than the previous quarter's $18.4M loss.
Operating cash flow was −$21.1M. Non-cash charges added back $2.8M of share-based compensation. Working capital and other items used $7.7M. Capital expenditures of $144K exceeded it, leaving free cash flow of −$21.3M.
Questions
What was Invivyd's revenue in the first quarter 2025?
Invivyd (IVVD) reported revenue of $11.3M for the first quarter 2025 (Q1 2025) and -18% from the quarter before.
Was Invivyd profitable in the first quarter 2025?
Operating loss was $16.9M (-149.7% of revenue) and net loss $16.3M.
Source: Invivyd 10-Q on SEC EDGAR.