Daré Bioscience, Inc.

NasdaqCM:DARE Stock Report

Market Cap: US$46.0m

Daré Bioscience Past Earnings Performance

Past criteria checks 0/6

Daré Bioscience has been growing earnings at an average annual rate of 22.3%, while the Pharmaceuticals industry saw earnings growing at 8.2% annually. Revenues have been declining at an average rate of 11.3% per year.

Key information

22.27%

Earnings growth rate

42.32%

EPS growth rate

Pharmaceuticals Industry Growth5.95%
Revenue growth rate-11.30%
Return on equity-471.37%
Net Margin-1,300.66%
Next Earnings Update14 May 2026

Recent past performance updates

Recent updates

New Narrative Apr 03

Women’s Health Pipeline Risks Will Persist Yet Long Term Potential Will Eventually Emerge

Catalysts About Daré Bioscience Daré Bioscience develops women’s health products across sexual health, contraception, menopause, vaginal health and infectious disease, with a focus on differentiated formulations built around known compounds. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 20

Women’s Health Pipeline And Dual 503B Pathway Will Transform Long Term Earnings Potential

Catalysts About Daré Bioscience Daré Bioscience focuses on developing and commercializing women’s health products across sexual health, contraception and menopause. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 05

Women’s Health Platform And 503B Launches Will Reshape Long-Term Outlook

Catalysts About Daré Bioscience Daré Bioscience is a women's health company focused on developing and commercializing clinically supported products across sexual health, contraception, menopause and vaginal health. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 07

We're A Little Worried About Daré Bioscience's (NASDAQ:DARE) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Jul 21

We Think Daré Bioscience (NASDAQ:DARE) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Mar 12

Is Daré Bioscience (NASDAQ:DARE) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Seeking Alpha Oct 17

Daré rises on positive data from early-to-mid-stage trial of intravaginal ring to treat menopause symptoms

Daré Bioscience (NASDAQ:DARE) is trading 6.5% higher after the company announced positive data from its Phase 1/2 clinical trial of investigational intravaginal ring, DARE-HRT1, to treat the vasomotor symptoms and genitourinary syndrome associated with menopause. The drug is designed to deliver bio-identical 17β-estradiol and bio-identical progesterone continuously over a 28-day period as part of a hormone therapy regimen. The topline data from the study showed improvement in both vasomotor symptoms as well as vaginal symptoms of menopause. The primary objective or the main goal of the study was to demonstrate the safety, tolerability, and pharmacokinetics (PK) of two different dose combinations over 12 weeks of use. The company said the levels of estradiol released from both the lower and higher dose formulation of DARE-HRT1 evaluated in the study achieved statistically significant improvement. Menopausal symptoms, including hot flashes and night sweats, were reduced compared with baseline in both DARE-HRT1 dose groups. The topline PK data from the study will be available later in Q4.
Seeking Alpha Oct 10

Daré Bioscience rises as company submits application to begin trial of non-hormonal contraceptive

Daré Bioscience (NASDAQ:DARE) is trading 5.3% higher after the U.S. Food and Drug Administration approved its investigational device exemption (IDE) application to conduct an efficacy study of investigational hormone-free monthly intravaginal contraceptive, Ovaprene. The IDE approval will mean the FDA determined that the company provided sufficient data to support the initiation and conduct of the study. The submission included the results of the postcoital test clinical study of Ovaprene, in which the therapy prevented sperm from entering the cervical canal across all women and all cycles evaluated. The company is  targeting mid-year 2023 to begin study recruitment.
Seeking Alpha Aug 29

Dare Bioscience reports positive progress for cream for female sexual arousal disorder

Dare Bioscience (NASDAQ:DARE) said that based on an interim analysis of phase 2b data for its sildenafil cream for female sexual arousal disorder, enrollment in the study will complete in Q4. Total enrollment will be 150 women. The company anticipates a top-line data announcement in Q2 2023. Sildenafil is the active ingredient in Viagra, a pill approved for erectile dysfunction. Dare (DARE) noted that its sildenafil cream is designed to be applied to the vaginal tissue just prior to intercourse to increase blood flow directly to the tissue. Seeking Alpha Quant Rating views Dare (DARE) as a hold with high marks for growth and revisions.
Seeking Alpha Jun 30

Daré Bioscience signs agreement with Organon for bacterial vaginosis therapy

Women health firm Daré Bioscience (NASDAQ:DARE) announced an exclusive license agreement with clinical-stage biopharma firm Organon (NYSE:OGN) to commercialize Xaciato, DARE's treatment of bacterial vaginosis in patients 12 years of age and older. Under the agreement, Daré will receive a $10M upfront payment from Organon and is eligible to receive potential milestone payments of up to $182.5M and tiered double-digit royalties based on net sales. Xaciato will be commercially available in the U.S. in Q4, DARE said. The companies entered into the agreement on March 31.
Analysis Article Apr 02

Will Daré Bioscience (NASDAQ:DARE) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Jan 07

Diving Back Into Daré Bioscience Again

Today, we revisit women's health concern Daré Bioscience for the first time in nearly a year. This small cap concern just received its first FDA approval and is advancing other candidates in its pipeline. A full investment analysis follows in the paragraphs below.
Analysis Article Nov 26

We Think Daré Bioscience (NASDAQ:DARE) Needs To Drive Business Growth Carefully

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Dec 22

Why Daré Bioscience, Inc. (NASDAQ:DARE) Could Be Worth Watching

While Daré Bioscience, Inc. ( NASDAQ:DARE ) might not be the most widely known stock at the moment, it led the NASDAQCM...

Revenue & Expenses Breakdown

How Daré Bioscience makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:DARE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 251-1396
30 Sep 250-179-6
30 Jun 250-199-5
31 Mar 250-290
31 Dec 240-4914
30 Sep 242-410-7
30 Jun 243-711-3
31 Mar 243-2911-5
31 Dec 233-30120
30 Sep 231-41121
30 Jun 230-4012-2
31 Mar 2310-3112-1
31 Dec 2210-31110
30 Sep 2210-251024
30 Jun 2210-301030
31 Mar 220-40931
31 Dec 210-39831
30 Sep 210-38830
30 Jun 210-33726
31 Mar 210-30724
31 Dec 200-27721
30 Sep 200-23617
30 Jun 200-19612
31 Mar 200-1669
31 Dec 190-1559
30 Sep 190-1458
30 Jun 190-1358
31 Mar 190-1257
31 Dec 180-1756
30 Sep 180-2345
30 Jun 180-2244
31 Mar 180-1932
31 Dec 170-1221
30 Sep 170-320
30 Jun 170-110
31 Mar 170-100
31 Dec 160-100

Quality Earnings: DARE is currently unprofitable.

Growing Profit Margin: DARE is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DARE is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.

Accelerating Growth: Unable to compare DARE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DARE is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-7%).


Return on Equity

High ROE: DARE has a negative Return on Equity (-471.37%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 18:57
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Daré Bioscience, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian Kemp DolliverBrookline Capital Markets
Douglas TsaoH.C. Wainwright & Co.
Jason McCarthyMaxim Group