Filing Flows › Invivyd (IVVD) › Q2 2026
Invivyd (IVVD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Invivyd (IVVD) reported revenue of $14.3M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +4% from the quarter before. Operating margin was -320.8%, net loss $44.4M (310.8% of revenue).
Invivyd, Q2 2026: revenue $14.3M (+21% year over year), operating margin -320.8%, net loss $44.4M, operating cash flow −$43.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.3M | +4% | +21% |
| Operating profit | −$45.8M | — | — |
| Net earnings | −$44.4M | — | — |
| Operating cash flow | −$43.0M | — | — |
What changed
Revenue was $14.3M in Q2 2026, up 21% year over year and up 4% from the previous quarter.
Operating costs exceeded revenue by $45.8M, an operating margin of -320.8%. Total costs grew 124% against revenue growth of 21%. The fastest-growing cost line was Research & development (+207%). The quarter ended with a net loss of $44.4M, wider than the previous quarter's $41.4M loss.
Operating cash flow was −$43.0M. Non-cash charges added back $2.9M of share-based compensation. Capital expenditures of $510K exceeded it, leaving free cash flow of −$43.5M.
Questions
What was Invivyd's revenue in the second quarter 2026?
Invivyd (IVVD) reported revenue of $14.3M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +4% from the quarter before.
Was Invivyd profitable in the second quarter 2026?
Operating loss was $45.8M (-320.8% of revenue) and net loss $44.4M.
Source: Invivyd 10-Q on SEC EDGAR.