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Vir Biotechnology (VIR) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 6, 2025

Vir Biotechnology (VIR) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), -61% from a year earlier and -60% from the quarter before.

Revenue$1.2M
Year over year-61%
Quarter over quarter-60%
Operating margin—
Net earnings−$111M

Vir Biotechnology, Q2 2025: revenue $1.2M (-60% year over year), net loss $111M, operating cash flow −$120M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.2M-60%-61%
Operating profit−$118M——
Net earnings−$111M——
Operating cash flow−$120M——

What changed

Revenue was $1.2M in Q2 2025, down 61% year over year and down 60% from the previous quarter.

Operating costs exceeded revenue by $118.4M, an operating margin of -9754.3%. Total costs fell 26% while revenue fell 61%. The quarter ended with a net loss of $111.0M, narrower than the previous quarter's $121.0M loss.

Operating cash flow was −$120.2M. Non-cash charges added back $2.9M of depreciation and amortization and $12.5M of share-based compensation. Working capital and other items used $24.6M. Capital expenditures of $2.5M exceeded it, leaving free cash flow of −$122.8M.

Questions

What was Vir Biotechnology's revenue in the second quarter 2025?

Vir Biotechnology (VIR) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), -61% from a year earlier and -60% from the quarter before.

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Source: Vir Biotechnology 10-Q on SEC EDGAR.