Growth Metrics

Invivyd (IVVD) Operating Expenses (2023 - 2025)

Invivyd's Operating Expenses history spans 3 years, with the latest figure at $29.8 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 9.95% year-over-year to $29.8 million; the TTM value through Dec 2025 reached $109.0 million, down 46.12%, while the annual FY2025 figure was $109.0 million, 46.12% down from the prior year.
  • Operating Expenses reached $29.8 million in Q4 2025 per IVVD's latest filing, up from $24.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $76.8 million in Q4 2023 to a low of $24.2 million in Q3 2025.
  • Average Operating Expenses over 3 years is $43.7 million, with a median of $41.1 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 66.31% in 2024, then tumbled 66.27% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $76.8 million in 2023, then plummeted by 56.94% to $33.0 million in 2024, then fell by 9.95% to $29.8 million in 2025.
  • Per Business Quant, the three most recent readings for IVVD's Operating Expenses are $29.8 million (Q4 2025), $24.2 million (Q3 2025), and $26.8 million (Q2 2025).