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Segments

By segment

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VIASKIN® Peanut$9.9M-39.3%

By product

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Expenses by function$9.4M+64.9%

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 itemNoteThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating income$12$0.7$1.5$1.62.2
Operating expenses13/17
Research and development expenses(31.2)(33.7)(64.6)(55.2)
Sales and marketing expenses(5.5)(0.4)(10.4)(0.7)
General and administrative expenses(14.6)(8.5)(25.1)(14.1)
Total Operating expenses(51.3)(42.6)(100.1)(69.9)
Loss from operations(50.6)(41.1)(98.5)(67.7)
Financial income (expense)0.4(0.6)0.9(1.1)

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

FAQ

What is DBV Technologies's R&D?
DBV Technologies (DBVT) reported R&D of $31.2M in Q2 2026.
How has DBV Technologies's R&D changed year-over-year?
DBV Technologies's R&D decreased by 7.4% year-over-year, from $33.7M to $31.2M.
What is the long-term trend for DBV Technologies's R&D?
Over 4 years (2021 to 2025), DBV Technologies's R&D has grown at a 13.5% compound annual growth rate (CAGR), from $70.34M to $116.71M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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