DBV Technologies S.A. (DBVT) Income Statement
DBVT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDBVT revenue and net income
DBVT profit margins
DBVT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −100.0% | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DBVT quarterly EPS vs estimates
DBV Technologies beat the analyst EPS estimate in 2 of the last 7 quarters. Next report: October 27, 2026 (estimate $-0.60).
DBVT income statement
| 2025 | 2024 | |
|---|---|---|
| Revenue | $0 | $2.6M |
| Cost of revenue | $17.7M | $6.8M |
| Gross profit | −$17.7M | −$6.8M |
| Research & development | $116.7M | $89.9M |
| Sales, general & admin | $32.8M | $23.8M |
| Total operating expenses | $147.1M | $113.7M |
| Operating income | −$147.1M | −$120.5M |
| Interest expense | — | $740,000 |
| Income before taxes | −$146.5M | −$117.8M |
| Income taxes | $491,000 | −$4.1M |
| Net income | −$146.9M | −$113.7M |
| EBITDA | −$143.9M | −$111.0M |
| EPS (diluted) | −$0.91 | −$8.47 |
| Gross margin | — | −265.3% |
| Operating margin | — | −4,693.4% |
| Net margin | — | −4,428.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $511,000 | $0 |
| Cost of revenue | — | $4.2M | $4.3M | $4.3M | $4.6M | $4.5M | — |
| Gross profit | — | −$4.2M | −$4.3M | −$4.3M | −$4.6M | $511,000 | — |
| Research & development | $31.2M | $33.4M | $32.9M | $26.8M | $31.6M | $21.5M | $18.9M |
| Sales, general & admin | $20.1M | $13.4M | $11.3M | $5.8M | $8.6M | $4.7M | $4.4M |
| Total operating expenses | $51.3M | $47.9M | $45.1M | $32.6M | $38.5M | $26.6M | $23.9M |
| Operating income | −$51.3M | −$47.9M | −$45.1M | −$36.9M | −$43.1M | −$26.6M | −$23.9M |
| Interest expense | — | — | — | — | $656,165 | $461,344 | — |
| Income before taxes | −$51.3M | −$47.4M | −$44.5M | −$35.8M | −$43.8M | −$27.8M | −$23.0M |
| Income taxes | −$900,000 | $200,000 | $374,000 | −$2.8M | −$1.4M | −$753,562 | $7,000 |
| Net income | −$50.4M | −$47.6M | −$44.8M | −$33.0M | −$42.4M | −$27.1M | −$23.0M |
| EBITDA | −$45.6M | −$47.0M | −$44.4M | −$31.5M | −$39.1M | −$25.6M | −$22.8M |
| EPS (diluted) | −$0.60 | −$0.09 | −$0.20 | −$0.21 | −$0.27 | −$0.23 | −$0.21 |
| Gross margin | — | — | — | — | — | 100.0% | — |
| Operating margin | — | — | — | — | — | −5,209.0% | — |
| Net margin | — | — | — | — | — | −5,299.2% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DBVT's financial statements (latest annual report filed March 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DBVT financial results
DBV Technologies reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $146.9 million. Diluted earnings per share came to −$0.91.
See the DBVT stock overview for the latest quote and news, or the DBVT chart for price history and technical indicators.
DBVT income statement FAQ
Does DBV Technologies have revenue?
DBV Technologies reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is DBV Technologies profitable?
No. DBV Technologies reported a net loss of $146.9 million in fiscal 2025.
How much does DBV Technologies spend on research and development?
DBV Technologies spent $116.7 million on research and development in fiscal 2025.
What are DBV Technologies's earnings per share?
DBV Technologies earned $-0.91 per diluted share in fiscal 2025, compared with $-8.47 a year earlier.
When will DBV Technologies report its next earnings?
DBV Technologies is expected to report results for the quarter ending September 30, 2026 on October 27, 2026.
When does DBV Technologies's fiscal year end?
DBV Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 26, 2026.