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Other financials

Income statement

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Revenue$53.0K-97.3%
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%
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:RetainedEarningsAccumulatedDeficit.

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 itemMarch 31, 2026December 31, 2025
Commitments and contingencies (Note 8)
Stockholders’ equity:
Common stock, $0.001 par value; 200,000,000 shares authorized; 14,313,659 and 12,380,933 shares issued and outstanding at March 31, 2026 and December 31, 20251412
Additional paid-in capital383,421163,338
Accumulated other comprehensive (loss) income9583
Accumulated deficit(151,217)(135,450)
Total stockholders’ equity232,31327,983
Total liabilities and stockholders’ equity$263,759$59,559

Item 1. Financial Statements.

FAQ

What is Palvella Therapeutics's retained earnings?
Palvella Therapeutics (PVLA) reported retained earnings of -$151.22M in Q1 2026.
How has Palvella Therapeutics's retained earnings changed year-over-year?
Palvella Therapeutics's retained earnings decreased by 48.4% year-over-year, from -$101.92M to -$151.22M.
What is the long-term trend for Palvella Therapeutics's retained earnings?
Over 5 years (2020 to 2025), Palvella Therapeutics's retained earnings has grown at a -8.5% compound annual growth rate (CAGR), from -$211.41M to -$135.45M.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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