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Other financials

Income statement

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Revenue$53.0K-97.3%
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%
CapEx--100%
Free cash flow-$2.7M+72.0%

Valuation

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Market cap$2.23B+417%
Enterprise value$2.03B

Profitability

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Operating margin-183.2%
Net margin71.7%+40.4pp
FCF margin-99.8%-34.2pp

Returns & leverage

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

Where this comes from

Reported directly by Palvella Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Palvella Therapeutics’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 8:30 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-210463
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Research and development$9,334$4,074
General and administrative5,5213,797
Total operating expenses14,8557,871
Operating loss(14,855)(7,871)
Other (expense) income:
Interest expense – royalty agreement(2,039)(1,215)
Fair value adjustments on derivative liabilities – royalty agreement(116)(75)
Fair value adjustments on derivative liabilities – contingent value right liability202

Item 1. Financial Statements.

FAQ

What is Palvella Therapeutics's operating income?
Palvella Therapeutics (PVLA) reported operating income of -$14.86M in Q1 2026.
How has Palvella Therapeutics's operating income changed year-over-year?
Palvella Therapeutics's operating income decreased by 88.7% year-over-year, from -$7.87M to -$14.86M.
What is the long-term trend for Palvella Therapeutics's operating income?
Over 2 years (2021 to 2025), Palvella Therapeutics's operating income has grown at a -13.7% compound annual growth rate (CAGR), from -$51.83M to -$38.6M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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