Invivyd (IVVD) EBITDA (2021 - 2025)

Invivyd (IVVD) posted EBITDA of -$12.6 million for Q4 2025, down 13.9% on a QoQ basis from -$11.0 million in Q3 2025, and up 34.71% year-over-year from -$9.3 million in Q4 2024.

Invivyd (IVVD) EBITDA (2021 - 2025) Analysis & Trends

Invivyd's EBITDA history runs 5 years deep, the most recent figure standing at -$12.6 million for Q4 2025.

  • Quarterly EBITDA rose 34.71% year-over-year to -$12.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$55.6 million (up 68.59% YoY) and the FY2025 annual result came in at -$55.6 million, up 68.59% from the prior year.
  • EBITDA was -$12.6 million for Q4 2025 at Invivyd, down from -$11.0 million in the prior quarter.
  • Across five years, EBITDA topped out at -$11.0 million in Q3 2025 and bottomed at -$100.7 million in Q1 2022.
  • A 5-year average of -$46.0 million and a median of -$46.7 million in 2022 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2022 — EBITDA tumbled 160.25% — and 2025, when it soared 82.31%.
  • Invivyd's EBITDA stood at -$83.1 million in 2021, then surged by 41.98% to -$48.2 million in 2022, then sank by 59.2% to -$76.8 million in 2023, then surged by 74.95% to -$19.2 million in 2024, then surged by 34.71% to -$12.6 million in 2025.
  • Business Quant data shows IVVD's EBITDA at -$12.6 million in Q4 2025, -$11.0 million in Q3 2025, and -$15.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 66,861.65 Bn 66,861.36 Bn - -27.75 Mn
2 Nanobiotix 1,911.83 Bn 1,911.77 Bn - -
3 Akari Therapeutics 973.81 Bn 973.81 Bn - -15.76 Mn
4 BeOne Medicines 471.51 Bn 466.72 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.94 Bn 114.70 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 70.05 Bn 61.30 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.68 Bn 62.68 Bn - -32.68 Mn
8 Argenx Se 55.88 Bn 50.69 Bn 1.41 Bn 493.00 Mn
9 Alnylam Pharmaceuticals 37.49 Bn 34.48 Bn 959.66 Mn 268.64 Mn
10 Invivyd 103.48 Mn -123.21 Mn 16.07 Mn -12.56 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -12.56 Mn
Sep 30, 2025 -11.02 Mn
Jun 30, 2025 -15.06 Mn
Mar 31, 2025 -16.92 Mn
Dec 31, 2024 -19.23 Mn
Sep 30, 2024 -62.31 Mn
Jun 30, 2024 -49.25 Mn
Mar 31, 2024 -46.09 Mn
Dec 31, 2023 -76.75 Mn
Sep 30, 2023 -43.06 Mn
Jun 30, 2023 -53.88 Mn
Mar 31, 2023 -39.07 Mn
Dec 31, 2022 -48.21 Mn
Sep 30, 2022 -47.33 Mn
Jun 30, 2022 -51.75 Mn
Mar 31, 2022 -100.74 Mn
Dec 31, 2021 -83.09 Mn
Sep 30, 2021 -60.42 Mn
Jun 30, 2021 -44.69 Mn
Mar 31, 2021 -38.71 Mn