EURONEXT-PAR$DBVT

DBV Technologies · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

DBV Technologies reported a net loss of $41.9 million for the second quarter ended June 30, 2025.

The clinical-stage biopharmaceutical company continued development of its Viaskin Peanut patch with ongoing Phase 3 trials. A $125.5 million PIPE financing closed in April strengthened the balance sheet. The company initiated the COMFORT Toddlers safety study and plans a BLA submission in the first half of 2026.

  • Net loss increased to $41.9 million compared to $33.1 million in Q2 2024 driven by higher R&D spend.
  • Cash and cash equivalents rose to $103.2 million following the April PIPE financing.
  • First subject screened in COMFORT Toddlers supplemental safety study for toddlers ages 1-3.
  • BLA submission for Viaskin Peanut in 4-7 year-olds targeted for first half of 2026.

Headline financials

EPS (adj)

-$0.31

Previous: -$0.34+8.8%
Capital Expenditures

-$42K

Previous: -$2.07M+98.0%
Net Income

-$41.9M

Previous: -$33.1M-26.4%
Operating Income

-$41.1M

Previous: -$33.8M-21.5%
Cash & Equivalents

$103M

Previous: $66.2M+55.9%

Revenue & EPS history

DBV Technologies · Revenue · Quarterly

$1.16M

Q2 2024-49.5%vs Q2 2023
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Forward guidance

Company expects cash runway into Q2 2026 and plans BLA filings in 2026.

Tailwinds

  • Accelerated approval pathway confirmed for toddlers 1-3 years.
  • VITESSE topline results expected Q4 2025.
  • Potential warrant exercises could provide up to $181 million additional capital.

Headwinds

  • Substantial doubt about going concern without additional financing.
  • No product revenue generated to date.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+0.3%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+11.4%

Avg return

30 days after

45%

20 / 44 earnings

Positive

+21.6%

Q4 2018

Best reaction

-29.8%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2024
Q2 2025-0.7%
Q4 2026+2.7%-4.3%-83.9%
Q3 2025-1.2%-5.4%-1.4%
Q1 2025-4.4%+4.2%-7.3%
Q4 2024+7.5%+0.9%-1.4%
Q3 2024-2.5%-11.3%+380.9%
Q1 2024+3.7%-14.0%-15.4%
Q4 2023+1.2%+1.1%-9.6%
Q3 2023-2.9%-1.9%-29.5%
Q2 2023+1.9%-2.5%-3.2%
Q1 2023+5.8%+4.5%+27.6%
Q4 2022-0.7%+4.1%+16.6%
Q3 2022+2.7%+2.0%-9.5%
Q2 2022-5.5%+3.5%-21.2%
Q1 2022-1.6%+6.2%+19.4%
Q4 2021+3.1%+0.8%+22.3%
Q3 2021-29.8%-40.9%-41.3%
Q2 2021-4.4%-8.1%+7.7%
Q1 2021-1.1%+0.6%+21.4%
Q4 2020-0.4%+2.9%+86.2%
Q3 2020+0.0%-3.5%-16.4%
Q2 2020-3.0%-3.5%-16.8%
Q1 2020-7.7%-7.7%+53.6%
Q4 2019-1.2%+3.6%-11.7%
Q3 2019-0.4%+4.0%-13.7%
Q2 2019+5.5%+26.5%+17.2%
Q1 2019-1.7%+14.3%+26.5%
Q4 2018+21.6%+34.8%+16.3%
Q3 2018-2.7%-14.8%-18.9%
Q2 2018-1.9%-0.1%-8.2%
Q1 2018-1.3%+3.7%-4.9%
Q4 2017+3.5%+7.8%-4.7%
Q3 2017+5.5%-3.4%+17.2%
Q2 2017+1.4%+1.3%+25.0%
Q1 2017-0.3%-1.7%+1.3%
Q4 2016-1.1%-0.4%-1.0%
Q3 2016+1.1%+1.9%-2.7%
Q2 2016+3.5%+0.6%+6.8%
Q1 2016+6.7%
Q4 2015-2.3%
Q3 2015+3.7%
Q2 2015+4.3%
Q1 2015+0.4%
Q4 2014+5.2%
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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