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DBV Technologies DBVT VIASKIN® Peanut — 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
Clinical studies9.916.321.323.1
BLA & Regulatory5.62.311.93.7
Medical Affairs & Other Medical5.12.010.04.0
Research & Innovation0.80.31.11.1
Manufacturing & Supply and Quality9.912.820.423.4
Sales & Marketing5.50.410.40.7
General & Administrative14.68.525.114.1
Total expenses51.342.6100.170.0

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

FAQ

What is DBV Technologies's VIASKIN® peanut — research and development expense?
DBV Technologies (DBVT) reported VIASKIN® peanut — research and development expense of $9.9M in Q2 2026.
How has DBV Technologies's VIASKIN® peanut — research and development expense changed year-over-year?
DBV Technologies's VIASKIN® peanut — research and development expense decreased by 39.3% year-over-year, from $16.3M to $9.9M.
What is the long-term trend for DBV Technologies's VIASKIN® peanut — research and development expense?
Over 2 years (2023 to 2025), DBV Technologies's VIASKIN® peanut — research and development expense has grown at a 400.9% compound annual growth rate (CAGR), from $2.06M to $51.63M.
What does VIASKIN® peanut — research and development expense mean?
Represents the total costs incurred for research and development activities specifically allocated to the Viaskin Peanut product candidate. This includes expenses related to scientific discovery, preclinical testing, and internal research efforts aimed at advancing the therapeutic platform. Monitoring this metric helps investors assess the company's investment intensity in its primary clinical-stage asset.

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