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Invivyd (IVVD) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 20, 2025

Invivyd (IVVD) reported revenue of $13.8M for the fourth quarter 2024 (Q4 2024) and +49% from the quarter before. Operating margin was -139.1%, net loss $18.4M (133.5% of revenue).

Revenue$13.8M
Year over year—
Quarter over quarter+49%
Operating margin-139.1%
Net earnings−$18.4M

Invivyd, Q4 2024: revenue $13.8M, operating margin -139.1%, net loss $18.4M, operating cash flow −$37.6M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$13.8M+49%—
Operating profit−$19.2M——
Net earnings−$18.4M——
Operating cash flow−$37.6M——

What changed

Revenue was $13.8M in Q4 2024, up 49% from the previous quarter.

Operating costs exceeded revenue by $19.2M, an operating margin of -139.1%. The quarter ended with a net loss of $18.4M, narrower than the previous quarter's $60.7M loss.

Operating cash flow was −$37.6M. Non-cash charges added back $3.1M of share-based compensation. Working capital and other items used $22.2M. Capital expenditures of −$5K exceeded it, leaving free cash flow of −$37.6M.

Questions

What was Invivyd's revenue in the fourth quarter 2024?

Invivyd (IVVD) reported revenue of $13.8M for the fourth quarter 2024 (Q4 2024) and +49% from the quarter before.

Was Invivyd profitable in the fourth quarter 2024?

Operating loss was $19.2M (-139.1% of revenue) and net loss $18.4M.

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Source: Invivyd 10-K on SEC EDGAR.