NASDAQ$BNTX

BioNTech SE-ADR · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

BioNTech reported a net loss and decreased revenue compared to Q1 2024, as expected due to seasonal demand for COVID-19 vaccines.

BioNTech's Q1 2025 results showed a net loss of €415.8 million on revenues of €182.8 million, primarily driven by reduced COVID-19 vaccine demand. The company continued advancing its oncology pipeline and maintained a strong cash position.

  • Revenue declined slightly to €182.8 million, mainly from COVID-19 vaccine collaboration.
  • Reported a net loss of €415.8 million and an EPS of -€1.73.
  • Strong financial position with €15.85 billion in cash and investments.
  • Focus remains on oncology programs, especially BNT327 combinations.

Headline financials

Total Revenue

$198M

Previous: $204M-2.9%
EPS (adj)

-$1.97

Previous: -$1.42-38.7%
R&D Expenses

$526M

No prior period
SG&A Expenses

$121M

No prior period
Cash & Securities

$15.9B

No prior period
Net Income

-$450M

Previous: -$342M-31.5%
Operating Income

-$578M

Previous: -$555M-4.0%
Gross Profit

$104M

Previous: $139M-25.3%

Revenue & EPS history

BioNTech SE · Revenue · Quarterly

$198M

Q1 2025-2.9%vs Q1 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Forward guidance

BioNTech expects total 2025 revenues between €1.7 billion and €2.2 billion, with revenue weighted toward year-end.

Tailwinds

  • Full-year revenue guidance reaffirmed.
  • Strong financial position enables continued investment in oncology.
  • Anticipated pandemic preparedness revenue from German government.
  • Reimbursement of $535 million expected in 2025–2026 for settlements.
  • Continued scaling for late-stage oncology commercial readiness.

Headwinds

  • No expectation of positive net income for FY2025.
  • Vaccine demand concentrated in later months creates revenue timing risk.
  • Potential inventory write-downs by partner Pfizer may impact revenue.
  • Dependent on stable vaccination rates and public health policy.
  • External legal risks and one-time effects excluded from guidance.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.4%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+6.5%

Avg return

30 days after

39%

9 / 23 earnings

Positive

+13.8%

Q4 2020

Best reaction

-14.6%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2025-3.7%-5.3%
Q2 2025+2.5%+4.0%-6.4%
Q4 2024-3.2%-8.6%-13.5%
Q3 2024-0.5%-0.8%+2.9%
Q1 2024-2.0%-1.1%+10.5%
Q4 2023-2.3%-1.2%-7.8%
Q3 2023+6.9%+3.9%+5.8%
Q2 2023-4.4%+0.4%+12.8%
Q1 2023-3.5%-2.9%+0.9%
Q4 2022-4.1%-2.8%-13.7%
Q3 2022+4.3%+0.1%+5.4%
Q2 2022-14.1%-12.4%-21.3%
Q4 2021-1.1%+16.6%+18.8%
Q1 2022+6.1%+16.6%+18.8%
Q3 2021-3.0%-1.8%+17.2%
Q2 2021+7.1%-3.0%-13.6%
Q1 2021+7.8%+4.9%+31.5%
Q4 2020+13.8%+10.8%+38.9%
Q3 2020+4.4%+1.1%+23.6%
Q2 2020-6.5%-7.2%-17.2%
Q1 2020-3.0%-1.0%-2.8%
Q4 2019-14.6%-14.9%-23.4%
Q3 2019+3.7%+9.6%+74.9%
Q2 2019
Q1 2019
Q4 2018
Q3 2018

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