Invivyd, Inc. (IVVD) Key Metrics
IVVD valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $182.3M
- Enterprise value
- $120.0M
- P/E (TTM)
- —
- Forward P/E
- 44.6
- PEG ratio
- —
- Price / sales
- 3.1
- Price / book
- 1.5 10-yr median 1.4
- EV / EBITDA
- 0.8
- Dividend yield
- —
- Beta
- 0.95
IVVD key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsIVVD valuation Price multiples at each fiscal year-end price.
IVVD returns How much profit the business earns on the capital it uses.
IVVD per-share figures Results divided by the shares outstanding at year-end.
IVVD financial health Debt, liquidity and how easily interest is covered.
IVVD efficiency & capital use Working capital cycle and where the cash goes.
IVVD valuation history
IVVD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
IVVD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
IVVD cash returned to shareholders
IVVD price vs earnings per share
IVVD key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $425.4M | $52.5M | $431.5M | $162.4M | $804.3M | — |
| Enterprise value | $201.2M | −$15.5M | $233.1M | −$205.9M | $212.9M | — |
| Price / sales | 8.0 | 2.1 | — | — | — | — |
| Price / book | 1.8 | 0.8 | 2.4 | 0.5 | 1.4 | — |
| EV / sales | 3.8 | -0.6 | — | — | — | — |
| Earnings yield | −12.3% | −323.5% | −46.0% | −148.6% | −28.2% | — |
| Free cash flow yield | −13.7% | −324.8% | −40.3% | −136.5% | −23.0% | — |
| Shareholder yield (dividends + buybacks) | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Share price at fiscal year-end | $2.47 | $0.44 | $3.94 | $1.50 | $7.26 | — |
| Per share | ||||||
| Revenue per share | $0.31 | $0.21 | $0.00 | $0.00 | $0.00 | $0.00 |
| Earnings per share | −$0.30 | −$1.43 | −$1.81 | −$2.23 | −$2.05 | −$1.01 |
| Operating cash flow per share | −$0.34 | −$1.44 | −$1.58 | −$2.03 | −$1.67 | −$0.13 |
| Free cash flow per share | −$0.34 | −$1.44 | −$1.59 | −$2.05 | −$1.67 | −$0.13 |
| Cash per share | $1.32 | $0.58 | $1.83 | $3.44 | $5.34 | $1.03 |
| Book value per share | $1.40 | $0.57 | $1.62 | $3.29 | $5.04 | −$0.59 |
| Tangible book value per share | $1.40 | $0.57 | $1.62 | $3.29 | $5.04 | −$0.59 |
| Capex per share | $0.00 | $0.00 | $0.01 | $0.02 | $0.00 | $0.00 |
| Debt per share | $0.01 | $0.01 | $0.02 | $0.03 | — | — |
| Shares outstanding | 172.2M | 118.6M | 109.5M | 108.3M | 110.8M | 111.2M |
| Change in shares outstanding | +45.3% | +8.2% | +1.2% | −2.3% | −0.4% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −34.0% | −138.7% | −74.5% | −52.8% | −92.0% | — |
| Return on invested capital (ROIC) | −521.3% | — | — | — | — | — |
| Return on assets (ROA) | −25.8% | −94.7% | −64.9% | −48.1% | −61.5% | −95.4% |
| Return on tangible assets | −19.0% | −131.2% | −86.7% | −63.0% | −36.6% | −95.4% |
| Free cash flow margin | −109.1% | −672.2% | — | — | — | — |
| Financial health | ||||||
| Total debt | $2.5M | $1.3M | $2.2M | $3.7M | — | — |
| Cash & short-term investments | $226.7M | $69.3M | $200.6M | $372.0M | $591.4M | $115.0M |
| Net debt | −$224.2M | −$68.0M | −$198.5M | −$368.3M | −$591.4M | −$115.0M |
| Debt / equity | 0.01 | 0.02 | 0.01 | 0.01 | — | — |
| Debt / assets | 0.01 | 0.01 | 0.01 | 0.01 | — | — |
| Current ratio | 7.24 | 1.62 | 4.47 | 15.06 | 9.94 | 8.98 |
| Quick ratio | 6.50 | 1.21 | 4.50 | 15.07 | 9.94 | 8.98 |
| Interest coverage | — | — | — | -5.8 | -15.1 | — |
| Working capital | $213.3M | $38.7M | $174.6M | $351.9M | $554.7M | $104.3M |
| Invested capital | $17.3M | −$506,000 | −$21.0M | −$12.3M | −$33.4M | −$180.2M |
| Tangible asset value | $241.5M | $67.5M | $177.5M | $356.0M | $558.0M | −$65.2M |
| Net current asset value | $212.1M | $38.7M | $173.2M | $349.7M | $554.6M | −$65.2M |
| Graham net-net per share | $1.25 | $0.24 | $1.36 | $3.19 | $4.78 | −$0.61 |
| Capital allocation | ||||||
| Share buybacks (net) | $633,000 | $0 | $1,000 | $4,000 | $2,000 | $3,000 |
| Capex / revenue | 0.3% | 0.6% | — | — | — | — |
| Capex / depreciation | 0.07 | 0.04 | 0.30 | 3.69 | 84.00 | 84.00 |
| Stock-based compensation / revenue | 21.8% | 78.0% | — | — | — | — |
| R&D / revenue | 71.7% | 540.7% | — | — | — | — |
| SG&A / revenue | 125.3% | 249.7% | — | — | — | — |
| Efficiency | ||||||
| Days sales outstanding | 88.0 | 87.0 | — | — | — | — |
| Days of inventory on hand | 2,503.8 | 2,744.5 | -175.7 | -239.4 | -83,585.0 | — |
| Days payables outstanding | 1,178.3 | 2,075.5 | 852.2 | 2,883.7 | 2,543,320.0 | — |
| Cash conversion cycle (days) | 1,413.5 | 756.0 | — | — | — | — |
| Receivables turnover | 4.15 | 4.20 | 0.00 | 0.00 | 0.00 | — |
| Payables turnover | 0.31 | 0.18 | 0.43 | 0.13 | 0.00 | — |
| Inventory turnover | 0.15 | 0.13 | — | — | — | — |
| Asset turnover | 0.26 | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | $12.9M | $6.1M | $655,000 | $303,000 | $229,000 | — |
| Average payables | $12.1M | $9.2M | $4.7M | $3.6M | $7.0M | $8.2M |
| Average inventory | $25.7M | $12.2M | −$976,000 | −$303,000 | −$229,000 | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from IVVD's annual financial statements (latest annual report filed March 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
IVVD valuation and financial ratios
Invivyd earned a return on equity of −34.0% and a return on invested capital of −521.3% in fiscal 2025. It ended the year with $2.5 million of debt and $226.7 million in cash and short-term investments, a net cash position of $224.2 million. It returned $0.6 million to shareholders: $0 in dividends and $0.6 million in share buybacks. The share count rose 54.8% from 111.2M to 172.2M over 5 years.
See the IVVD income statement, the IVVD chart for price history, or the IVVD stock overview for the latest quote and news.
IVVD key metrics FAQ
What is Invivyd's return on equity?
Invivyd's return on equity (ROE) was −34.0% in fiscal 2025: net income of -$52.5 million on average shareholders' equity of $154.5 million.
What is Invivyd's ROIC?
Invivyd's return on invested capital was −521.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Invivyd have?
Invivyd had total debt of $2.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.01 and more cash than debt.
Does Invivyd buy back its shares?
Yes. Invivyd spent $0.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +45.3% over the year, to 172.2M..
What is Invivyd's free cash flow yield?
Invivyd generated -$58.3 million of free cash flow in fiscal 2025, a free cash flow yield of −13.7% on its market value at year-end ($425.4 million).
What is Invivyd's current ratio?
Invivyd's current ratio was 7.24 at the end of fiscal 2025: current assets were 7.24 times current liabilities.