What are Vivani Medical's profit margins?

Vivani Medical (VANI) runs a 36.3% gross margin and a -1004.9% operating margin, with a -994.1% net margin.

Where do Vivani Medical's ratios come from?

Every ratio is computed from Vivani Medical's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Vivani Medical VANI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Returns
Return on equity	-176.4%-58.6pp	-159.6%-37.2pp	-265%-160pp	-177.7%-91.6pp	-117.8%—
Return on assets	-69.6%-16.4pp	-65.7%-12.0pp	-76.6%-27.8pp	-66.2%-21.3pp	-53.2%-1.6pp
Return on invested capital	-151.1%-39.2pp	-151.4%-16.9pp	-138.2%—	-141.7%—	-111.9%—
Liquidity
Current ratio	3.2×+0.8×	2.7×-0.7×	0.6×-2.8×	1.3×-3.3×	2.4×-2.7×
Quick ratio	3.2×+0.8×	2.7×-0.7×	0.6×-2.8×	1.3×-3.3×	2.4×-2.7×
Cash ratio	2.8×+0.9×	2.3×-1.0×	0×-2.9×	0.9×-3.3×	1.9×-1.8×
Leverage
Debt-to-equity	1×-0.7×	1.2×+0.1×	14×+12.9×	3.8×+2.9×	1.6×+0.9×
Debt-to-assets	0.4×-0.1×	0.5×0.0×	0.7×+0.3×	0.6×+0.2×	0.5×+0.2×
Per Share
Book value per share	$0.23+19.7%	$0.25-21.3%	$0.02-93.4%	$0.08-80.9%	$0.20-64.3%
Valuation
Market capitalization	$106.93M+40.0%	$89.73M+30.6%	$83.53M+29.2%	$75.24M+8.6%	$69.93M-31.2%
Enterprise value	$106.17M+19.3%	$93.16M+36.3%	$101.8M+54.0%	$88.04M+34.3%	$76.8M-22.6%
Price / book	5.7×-10.1×	5.7×+1.8×	63.8×+60.3×	15.3×+12.4×	6×+2.5×
Free cash flow yield	-24.4%+5.4pp	-28.4%+2.6pp	-29.5%+0.6pp	-30.7%+0.3pp	-31.2%-9.3pp
Earnings yield	-24.9%+8.0pp	-29.7%+4.5pp	-31.2%+5.1pp	-33.9%+1.0pp	-34%-9.0pp

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Questions, answered.

What are Vivani Medical's profit margins?: Vivani Medical (VANI) runs a 36.3% gross margin and a -1004.9% operating margin, with a -994.1% net margin.
Where do Vivani Medical's ratios come from?: Every ratio is computed from Vivani Medical's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.