Invivyd IVVD
NASDAQ IVVD
$0.83 +0.00 (+0.00%)
At close: Sep 4, 2026 · 4:00 PM EDT

Invivyd (IVVD) Operating Expenses (2021 - 2026)

Invivyd's (IVVD) quarterly Operating Expenses came in at $60.1 million in Q2 2026, up 123.89% on a YoY basis from $26.8 million in Q2 2025, and up 101.95% quarter-over-quarter from $29.8 million in Q4 2025.

Analysis

Invivyd (IVVD) Operating Expenses (2021 - 2026) Analysis & Trends

Invivyd (IVVD) has reported Operating Expenses for 6 consecutive years, with $60.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 123.89% year-over-year to $60.1 million; the trailing twelve-month figure through Jun 2026 stood at $140.9 million (down 11.81% YoY), and the FY2025 full-year result was $109.0 million, down 46.12% from the prior year.
  • Operating Expenses rose to $60.1 million in Q2 2026 per IVVD's latest filing, from $29.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $100.7 million in Q1 2022 and bottomed at $24.2 million in Q3 2025.
  • Historically, Operating Expenses has averaged $48.9 million across 5 years, with a median of $47.3 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 160.25% in 2022, then tumbled 66.27% in 2025.
  • Over 5 years, Operating Expenses stood at $48.2 million in 2022, then jumped by 59.2% to $76.8 million in 2023, then slumped by 56.94% to $33.0 million in 2024, then fell by 9.95% to $29.8 million in 2025, then jumped by 101.95% to $60.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $60.1 million, $29.8 million, and $24.2 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 236.37 Bn 222.38 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 187.38 Bn 184.12 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 138.36 Bn 130.51 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 85.09 Bn 77.10 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 63.93 Bn 58.75 Bn 1.37 Bn -1.05 Bn
6 Moderna 58.07 Bn 52.94 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 35.59 Bn 32.28 Bn 992.69 Mn 1.06 Bn
8 Biogen 32.63 Bn 31.34 Bn 1.96 Bn 2.60 Bn
9 Insmed 27.57 Bn 26.41 Bn 358.27 Mn 427.03 Mn
10 Invivyd 244.65 Mn 84.57 Mn 13.01 Mn 60.11 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 60.11 Mn
Dec 31, 2025 29.76 Mn
Sep 30, 2025 24.15 Mn
Jun 30, 2025 26.85 Mn
Mar 31, 2025 28.23 Mn
Dec 31, 2024 33.05 Mn
Sep 30, 2024 71.61 Mn
Jun 30, 2024 51.51 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