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Palvella Therapeutics

PVLA

Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies for serious, rare skin diseases and vascular malformations that lack FDA-approved treatments.

Market cap
$2.03B+391%
Net income-$49.3M-114%
EPS (diluted)-$4.17+41.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (In 2 weeks)
EPS estimate-$1.16

Financials

Q1 2026

Income statement

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Operating income-$14.9M-88.7%
Net income-$15.8M-92.6%
EPS (diluted)-$1.20-62.2%

Balance sheet

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Cash & equivalents$206.4M+173%
Total debt$584.0K
Total equity$232.3M+318%
Total assets$263.8M+232%

Cash flow

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Operating cash flow-$10.9M-60.5%

Valuation & ratios

Valuation

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Market cap$1.98B+391%
Enterprise value$1.77B

Returns & leverage

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Return on equity-34.2%
Debt / equity
Current ratio28.9×+20.0×

Competitors

Profile

Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies for serious, rare skin diseases and vascular malformations that lack FDA-approved treatments. The company leverages its proprietary, patented QTORIN platform to generate topical product candidates designed to penetrate deep skin layers and treat localized disease manifestations with minimal systemic absorption. Its primary objective is to advance its lead candidates to establish first-line therapies and new standards of care for rare dermatological conditions.

Competitive position

The company is a clinical-stage pioneer utilizing a proprietary deep-skin delivery platform to develop first-in-disease treatments for rare conditions with no current FDA-approved therapies.

GeographiesUnited States, European Union, United Kingdom
Customer segmentsHealthcare providers, Patients
Business modelB2B, IP licensing
SuppliersContract manufacturing organizations (CMOs), Sole-source component suppliers, Academic research institutions
CustomersSpecialty pharmacy partners, Vascular anomaly centers, Dermatologists, Medical specialists
Listed2024
CEOWesley H. Kaupinen
FilingsSEC EDGAR

Questions, answered.

What is Palvella Therapeutics's market cap?
Palvella Therapeutics (PVLA) has a market capitalization of $2.0B and trades on XNAS.
Who are Palvella Therapeutics's competitors?
Palvella Therapeutics's key competitors include Protara Therapeutics, Inc., Relay Therapeutics, Inc., Fulcrum Therapeutics, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Palvella Therapeutics partner with?
Palvella Therapeutics's notable partners include Ligand Pharmaceuticals, Inc., Yale University, Nemera Le Tréport SAS.
What subsidiaries does Palvella Therapeutics have?
Palvella Therapeutics's subsidiaries include Legacy Palvella.
Where is Palvella Therapeutics headquartered?
Palvella Therapeutics is headquartered in United States of America. It has been publicly traded since 2024.