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Vir Biotechnology, Inc. VIR Business Segments — Clinical costs

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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 vir:ResearchAndDevelopmentClinicalCosts.

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
Research and development
Contract manufacturing23,96714,06359,97423,399
Personnel (2)28,51233,16560,04066,883
Clinical costs22,53220,36148,66640,967
Licenses, collaborations and contingent consideration, net41,21111,30138,40247,892
Other R&D (3)19,06118,61937,12337,013
Selling, general and administrative (2)30,19622,28353,53546,227
Restructuring, long-lived assets impairment and related charges, net(172)(182)

Item 1. Financial Statements (unaudited)

FAQ

What is Vir Biotechnology, Inc.'s business segments — clinical costs?
Vir Biotechnology, Inc. (VIR) reported business segments — clinical costs of $22.53M in Q2 2026.
How has Vir Biotechnology, Inc.'s business segments — clinical costs changed year-over-year?
Vir Biotechnology, Inc.'s business segments — clinical costs increased by 10.7% year-over-year, from $20.36M to $22.53M.
What is the long-term trend for Vir Biotechnology, Inc.'s business segments — clinical costs?
Over 3 years (2022 to 2025), Vir Biotechnology, Inc.'s business segments — clinical costs has grown at a -9.8% compound annual growth rate (CAGR), from $118.85M to $87.17M.
What does business segments — clinical costs mean?
Includes all direct expenditures related to conducting clinical trials, such as patient recruitment, site management, and data analysis for drug candidates. It is a critical measure of the investment intensity required to advance the company's pipeline through regulatory approval stages.

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