NASDAQ$IVVD

Invivyd Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Invivyd reported Q1 2026 product revenue of $13.7M and a net loss of $41.4M.

For the three months ended March 31, 2026, Invivyd generated $13.7 million of net product revenue (+21% YoY) but reported a net loss of $41.4 million as R&D rose to $30.7 million from $10.6 million. SG&A was $25.1 million. The company commercializes PEMGARDA and other immunology assets while funding broader pipeline work.

  • Product revenue $13.7M vs $11.3M prior-year quarter.
  • Net loss $41.4M driven by stepped-up R&D investment.
  • R&D $30.7M includes pipeline and Adimab-related activities.
  • Other income $1.7M partially offset operating loss.
  • Loss from operations $(43.1)M vs $(16.9)M a year ago.

Headline financials

Total Revenue

$13.7M

Previous: $11.3M+21.6%
EPS (adj)

-$0.13

Previous: -$0.14+7.1%
Capital Expenditures

-$726K

Previous: -$144K-404.2%
Net Income

-$41.4M

Previous: -$16.3M-154.2%
Operating Income

-$43.1M

Previous: -$16.9M-154.9%

Revenue & EPS history

Invivyd · Revenue · Quarterly

$13.7M

Q1 2026+21.6%vs Q1 2025
Beat estimate in 0 of 7 quarters(0%)
ActualEstimate

Forward guidance

Commercial-stage biotech without numeric annual guidance in the 10-Q; focus on PEMGARDA uptake and clinical spend.

Tailwinds

  • Product revenue grew double digits year over year.
  • Commercial infrastructure supports immunology portfolio.

Headwinds

  • R&D ramp sharply increased quarterly loss.
  • High SG&A for commercial and development functions.
  • Competitive and reimbursement dynamics in infectious disease mAbs.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.7%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-16.8%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+18.4%

Q4 2021

Best reaction

-21.6%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.6%-30.4%-48.5%
Q4 2025+2.4%+7.0%-25.1%
Q3 2025+1.3%+8.6%+46.7%
Q1 2025-15.8%-3.2%-5.3%
Q4 2024+2.6%-8.3%-29.2%
Q3 2024-15.2%-13.8%-38.5%
Q2 2024-1.9%-13.9%+8.5%
Q1 2024-10.7%-4.0%-33.2%
Q4 2023+6.3%+1.8%-49.8%
Q3 2023-7.9%-1.3%+11.8%
Q2 2023+2.6%+5.1%+13.5%
Q1 2023+1.4%+5.6%-8.5%
Q4 2022-7.7%-4.9%-19.0%
Q3 2022+8.8%+6.3%-40.2%
Q2 2022-2.5%+5.3%+9.8%
Q1 2022+7.9%+10.9%+11.3%
Q4 2021+18.4%+13.8%-25.7%
Q3 2021+5.5%+4.9%-66.8%
Q2 2021-7.0%-15.0%-30.5%

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