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Vir Biotechnology, Inc. VIR Grant revenue — Total revenues

Other product segments

License and collaboration revenue
$238.94M
Other revenue
$0

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Other financials

Income statement

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Revenue$238.9M+19,583%
Gross profit$238.9M+19,763%
Operating income$73.5M+162%
Net income$80.1M+172%
EPS (diluted)$0.47+159%

Balance sheet

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Cash & equivalents$287.6M-6.1%
Total debt$93.3M-8.8%
Total equity$982.5M+3.7%
Total assets$1.2B+1.9%

Cash flow

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Operating cash flow-$132.4M-69.5%
CapEx$32.0K-98.7%
Free cash flow-$132.8M-66.5%

Valuation

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Market cap$1.48B+111%
Enterprise value$1.29B+159%
P/S4.9×-32.1×

Profitability

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Gross margin96.1%-2.7pp
Operating margin-92.4%-45.5pp
Net margin-83%-40.9pp
FCF margin-686.5%-273pp

Returns & leverage

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Return on equity-26.1%-7.9pp
Debt / equity0.1×0.0×
Current ratio-1.0×

Where this comes from

Reported directly by Vir Biotechnology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Vir Biotechnology, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053549
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues:
License and collaboration revenue$238,935$(495)$238,894$(565)
Grant revenue11183231,421
Other revenue1,5263,390
Total revenues238,9461,214238,9174,246
Operating expenses:
Cost of revenue1111
Research and development135,28397,509244,205216,154

Item 1. Financial Statements (unaudited)

FAQ

What is Vir Biotechnology, Inc.'s grant revenue — total revenues?
Vir Biotechnology, Inc. (VIR) reported grant revenue — total revenues of $11K in Q2 2026.
How has Vir Biotechnology, Inc.'s grant revenue — total revenues changed year-over-year?
Vir Biotechnology, Inc.'s grant revenue — total revenues decreased by 94.0% year-over-year, from $183K to $11K.
What is the long-term trend for Vir Biotechnology, Inc.'s grant revenue — total revenues?
Over 4 years (2021 to 2025), Vir Biotechnology, Inc.'s grant revenue — total revenues has grown at a -29.7% compound annual growth rate (CAGR), from $8.35M to $2.04M.
What does grant revenue — total revenues mean?
This metric represents the proportion of a company's total revenue derived from government or private research grants rather than commercial product sales or service contracts. It serves as an indicator of the company's reliance on non-dilutive funding to support its research and development pipeline. A higher ratio suggests a business model heavily supported by external research subsidies, which may fluctuate based on grant availability and project milestones.

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