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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$700.0K-53.3%
Operating income-$50.6M-23.1%
Net income-$50.4M-20.3%
EPS (diluted)-$0.12+61.3%

Balance sheet

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Cash & equivalents$174.9M+69.5%
Total debt$7.7M+0.1%
Total equity$160.4M+86.1%
Total assets$223.2M+55.6%

Cash flow

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Operating cash flow-$52.6M-55.2%
CapEx$400.0K
Free cash flow-$53.0M-56.3%

Valuation

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Market cap$847.16M+218%
Enterprise value$679.96M+297%
P/S168.8×+100×

Profitability

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Operating margin-3,543.1%+523pp
Net margin-3,506.5%+442pp
FCF margin-3,399.3%+3,268pp

Returns & leverage

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Return on equity-142.7%-5.0pp
Debt / equity0.0×
Current ratio3.7×+1.3×

Where this comes from

Reported directly by DBV Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: DBV Technologies’s 10-Q, filed July 16, 2026.

Filed
Jul 16, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-048453
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and Development expenses9.45.717.910.3
Sales & Marketing expenses2.20.23.20.4
General & Administrative expenses6.43.911.06.9
Total personnel expenses18.09.832.017.6

Item 1C. Condensed Consolidated Statements of Financial Position (Unaudited) as of

FAQ

What is DBV Technologies's expenses by function — research and development expense?
DBV Technologies (DBVT) reported expenses by function — research and development expense of $9.4M in Q2 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 64.9% year-over-year, from $5.7M to $9.4M.
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 $22.76M.
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.

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