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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:ShareBasedCompensation.

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
Non-cash interest expense – royalty agreement2,0391,215
Change in fair value of derivative liabilities – royalty agreement11675
Change in fair value of derivative liabilities – contingent value right liability(202)
Stock-based compensation3,3761,094
Accretion on marketable securities(15)
Non-cash lease operating expense44
Change in operating assets and liabilities:
Prepaid expenses and other current assets(357)819

Item 1. Financial Statements.

FAQ

What is Palvella Therapeutics's stock-based comp?
Palvella Therapeutics (PVLA) reported stock-based comp of $3.38M in Q1 2026.
How has Palvella Therapeutics's stock-based comp changed year-over-year?
Palvella Therapeutics's stock-based comp increased by 208.6% year-over-year, from $1.09M to $3.38M.
What is the long-term trend for Palvella Therapeutics's stock-based comp?
Over 3 years (2021 to 2025), Palvella Therapeutics's stock-based comp has grown at a 7.1% compound annual growth rate (CAGR), from $5.22M to $6.4M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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