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Vaxcyte, Inc. PCVX Equity Method Investments

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Other financials

Income statement

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Operating income-$345.9M-91.3%
Net income-$320.6M-128%
EPS (diluted)-$2.30-121%

Balance sheet

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Cash & equivalents$262.3M-24.7%
Total debt$116.3M+33.5%
Total equity$3.0B-6.4%
Total assets$3.3B-0.9%

Cash flow

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Operating cash flow-$280.6M-68.8%
CapEx$2.1M-61.2%
Free cash flow-$282.7M-64.7%

Valuation

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Market cap$8.67B+123%
Enterprise value$8.53B+133%

Returns & leverage

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Return on equity-30.6%+37.9pp
Debt / equity0.0×
Current ratio7.5×-10.2×

Where this comes from

Reported directly by Vaxcyte, Inc. in its filing.

Tagged under the XBRL concept us-gaap:LongTermInvestments.

The source filing: Vaxcyte, Inc.’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001649094-26-000017
Line itemMarch 31,2026December 31, 2025
Total current assets1,813,4881,627,361
Property and equipment, net260,695257,370
Operating lease right-of-use assets113,103116,009
Long-term investments1,004,017881,664
Restricted cash1,4661,466
Other assets155,539118,847
Total noncurrent assets1,534,8201,375,356
Total assets$3,348,308$3,002,717

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Vaxcyte, Inc.'s equity method investments?
Vaxcyte, Inc. (PCVX) reported equity method investments of $1B in Q1 2026.
How has Vaxcyte, Inc.'s equity method investments changed year-over-year?
Vaxcyte, Inc.'s equity method investments decreased by 21.5% year-over-year, from $1.28B to $1B.
What is the long-term trend for Vaxcyte, Inc.'s equity method investments?
Over 4 years (2021 to 2025), Vaxcyte, Inc.'s equity method investments has grown at a 138.8% compound annual growth rate (CAGR), from $27.12M to $881.66M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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