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DBV Technologies DBVT Expenses by function — Research and development expense

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Other financials

Income statement

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Revenue$900.0K+12.5%
Operating income-$47.9M-80.1%
Net income-$47.6M-75.6%
EPS (diluted)-$0.11+57.7%

Balance sheet

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Cash & equivalents$229.2M+1,668%
Total debt$6.1M-15.7%
Total equity$207.9M+7,069%
Total assets$266.4M+427%

Cash flow

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Operating cash flow-$49.1M-149%
CapEx$400.0K
Free cash flow-$49.5M-151%

Valuation

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Market cap$923.31M+259%
Enterprise value$700.21M+179%
P/S159.6×+87.1×

Profitability

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Operating margin-2,910.4%-265pp
Net margin-2,895.4%-257pp
FCF margin-2,619.5%+69.9pp

Returns & leverage

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Return on equity-158.9%-26.4pp
Debt / equity-2.5×
Current ratio4.8×+4.0×

Where this comes from

Reported directly by DBV Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: DBV Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DBV Technologies's expenses by function — research and development expense?
DBV Technologies (DBVT) reported expenses by function — research and development expense of $8.5M in Q1 2026.
How has DBV Technologies's expenses by function — research and development expense changed year-over-year?
DBV Technologies's expenses by function — research and development expense increased by 84.8% year-over-year, from $4.6M to $8.5M.
What is the long-term trend for DBV Technologies's expenses by function — research and development expense?
Over 4 years (2021 to 2025), DBV Technologies's expenses by function — research and development expense has grown at a 11.7% compound annual growth rate (CAGR), from $14.6M to $22.75M.
What does expenses by function — research and development expense mean?
This metric represents the total costs incurred by the company for research and development activities, including clinical trials, laboratory testing, and the development of proprietary technology platforms. It reflects the investment intensity in the company's pipeline and its commitment to advancing therapeutic candidates through regulatory stages. Investors use this to assess the company's long-term innovation potential and the capital required to reach commercialization.