NASDAQ$VIR

Vir Biotechnology Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Vir Biotechnology reported financial results for the first quarter of 2021 and provided a corporate update.

Vir Biotechnology reported total revenues of $2.0 million and a net loss of $168.9 million for the first quarter ended March 31, 2021. The company highlighted progress in its COVID-19 and hepatitis B programs, including the Phase 3 trial results of VIR-7831 and collaborations with Gilead and GSK.

  • VIR-7831 Phase 3 trial demonstrated an 85% reduction in hospitalization or death.
  • Emergency Use Authorization request submitted to the FDA for VIR-7831.
  • European Medicines Agency initiated a review of VIR-7831.
  • Expanded collaboration with GSK to include research and development of new therapies for influenza and other respiratory viruses.

Headline financials

Total Revenue

$1.98M

Previous: $5.72M-65.4%
EPS (adj)

-$1.32

Previous: -$0.71-85.9%
Capital Expenditures

-$667K

Previous: -$1.3M+48.8%
Free Cash Flow

-$170M

Previous: -$78.5M-115.9%
Net Income

-$169M

Previous: -$77.2M-118.7%
Operating Income

-$159M

Previous: -$71.9M-120.6%
Gross Profit

$1.98M

Previous: $5.72M-65.4%
Cash & Equivalents

$521M

Previous: $168M+209.6%
Total Assets

$1.14B

Previous: $477M+138.0%
Stock-Based Comp

$15.5M

Previous: $2.97M+421.4%

Revenue & EPS history

Vir · Revenue · Quarterly

$1.98M

Q1 2021-65.4%vs Q1 2020
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

Vir · $1.37M total across 1 segment · Q1 2021

  • Grant revenue
    $1.37M

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+2.0%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.3%

Avg return

30 days after

43%

12 / 28 earnings

Positive

+27.7%

Q4 2025

Best reaction

-15.1%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%-7.2%-13.7%
Q4 2025+27.7%+22.3%+20.6%
Q3 2025-5.6%-8.9%+8.3%
Q1 2025-3.4%-16.2%-2.9%
Q4 2024-11.8%-10.9%-27.2%
Q3 2024+21.8%+26.8%+4.7%
Q2 2024-9.4%-15.4%-18.7%
Q1 2024+18.9%+13.6%+17.5%
Q4 2023+14.0%+13.1%-0.6%
Q3 2023+12.5%+8.3%+24.4%
Q2 2023-3.0%-4.8%-10.9%
Q1 2023-3.5%-4.5%+7.5%
Q4 2022-14.8%-15.6%-16.7%
Q3 2022+15.0%+20.3%+23.7%
Q2 2022+2.0%-4.9%-25.9%
Q1 2022-3.1%-1.4%+12.5%
Q4 2021+0.1%-13.7%-21.5%
Q3 2021-15.1%-11.7%+20.4%
Q2 2021+3.3%+10.5%+32.0%
Q1 2021-1.0%-8.5%+3.5%
Q4 2020-4.2%-11.7%-21.2%
Q3 2020+8.2%+5.8%+26.0%
Q2 2020-0.6%-0.9%-46.8%
Q2 2019-0.6%-0.9%-46.8%
Q1 2020-1.9%-3.1%+7.2%
Q1 2019-1.9%-3.1%+7.2%
Q4 2019+11.5%+11.4%+6.0%
Q3 2019-3.0%-0.5%-3.7%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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