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Vaxcyte, Inc. PCVX Business Segments — R&D

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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$8.07B+89.7%
Enterprise value$7.93B+96.5%

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:ResearchAndDevelopmentExpense.

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

| Operating expenses: | | | | Research and development - external costs (1) | $256,432 | $103,806 | | Research and development - internal costs (2) | 56,347 | 44,328 | | General and administrative | 33,071 | 32,659 | | Total operating expenses | $345,850 | $180,793 | | Total other income, net | 25,228 | 40,075 | | Net loss | $320,622 | $140,718 |

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Vaxcyte, Inc.'s business segments — R&D?
Vaxcyte, Inc. (PCVX) reported business segments — R&D of $256.43M in Q1 2026.
How has Vaxcyte, Inc.'s business segments — R&D changed year-over-year?
Vaxcyte, Inc.'s business segments — R&D increased by 147.0% year-over-year, from $103.81M to $256.43M.
What is the long-term trend for Vaxcyte, Inc.'s business segments — R&D?
Over 3 years (2022 to 2025), Vaxcyte, Inc.'s business segments — R&D has grown at a 65.5% compound annual growth rate (CAGR), from $132.42M to $600.69M.
What does business segments — R&D mean?
This metric represents the total expenditures incurred by the business segment for scientific research and the development of new product candidates. It reflects the company's commitment to innovation and the advancement of its clinical pipeline. High levels of investment in this area are critical for long-term growth in the biotechnology sector.

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