DBV Technologies S.A.

NasdaqCM:DBVT Stock Report

Market Cap: US$973.8m

DBV Technologies Past Earnings Performance

Past criteria checks 0/6

DBV Technologies's earnings have been declining at an average annual rate of -4.4%, while the Biotechs industry saw earnings growing at 36.2% annually. Revenues have been growing at an average rate of 2.4% per year.

Key information

-4.39%

Earnings growth rate

20.05%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate2.40%
Return on equity-80.54%
Net Margin-2,919.23%
Next Earnings Update29 Jul 2026

Recent past performance updates

Recent updates

Seeking Alpha Sep 21

FDA puts partial clinical hold on a DBT Technologies peanut allergy patch phase 3 trial

French biotech DBV Technologies (NASDAQ:DBVT) on Wednesday said the U.S. FDA had put a partial clinical hold on its phase 3 clinical study evaluating its Viaskin Peanut patch for the treatment of peanut allergy in children aged 4 through 7. The FDA specified certain changes to elements of the protocol of the trial, called VITESSE. "Within the FDA’s communication, the modifications address design elements, including the statistical analysis of adhesion, minimum daily wear time and technical alignments in methods of categorizing data, to meet study objectives as well as the total number of trial participants on active treatment," DBVT said in a statement. The company had not yet begun the screening or recruitment of subjects in the study. DBVT said the partial clinical hold was only for the VITESSE trial and did not impact any other ongoing clinical studies. U.S.-listed shares of DBVT earlier closed +4.3% at $2.21.
Seeking Alpha Aug 01

DBV Technologies GAAP EPS of -$0.35 misses by $0.03, revenue of $1.53M beats by $0.29M

DBV Technologies press release (NASDAQ:DBVT): Q2 GAAP EPS of -$0.35 misses by $0.03. Revenue of $1.53M beats by $0.29M. Shares +3.19% AH.
Seeking Alpha Jul 07

DBV Technologies: Good Data, Plenty Of Cash And Regulatory Uncertainty

DBV Technologies is a French company traded on Nasdaq which is developing treatments for food allergies. Their technology is a patch that delivers a very small daily dose of the allergen to desensitize the patient. The company previously received a CRL due to issues with the adhesion properties of their patch. The Phase 3 EPITOPE trial met the primary endpoint with a good safety profile. FDA feedback on the regulatory path is the next critical catalyst for the company. DBV Technologies (DBVT) is developing an epicutaneous (on the skin) delivery system for the treatment of food allergies including peanuts and milk. After completing a Phase 3 trial in children ages 4-11, the company received a CRL from the FDA for their Viaskin peanut patch due to concerns about patch adhesion. The company redesigned the patch and will need to run a new Phase 3 trial using the modified patch for this age group. Recently, using the unmodified patch, the EPITOPE study met the primary endpoint in children ages 1-4. DBV Technologies is well capitalized after a recent raise that occurred after the EPITOPE readout. There is considerable uncertainty about the regulatory path but longer term these assets, if approved have significant value. Peanut Allergies and Treatment Options There are more than one million children in the US with peanut allergies. The prevalence in babies is increasing and as many as 5% of babies have a peanut allergy. Avoidance of peanuts is the primary strategy but accidental exposure can result in severe reactions. Allergy treatments gradually increase the quantity of allergen that a child is exposed to. The goal of treatment is to desensitize the child and increase the quantity of peanut that elicits an allergic reaction. There are no FDA-approved treatments for peanut allergies in children ages 1-3. At age 4, children would become eligible for Palforzia which is an oral immunotherapy. It is newly approved and can only be prescribed by a trained allergist and requires an FDA mandated risk mitigation plan due to the risk of anaphylaxis. In the Palforzia program, under the supervision of a trained physician, children ingest increasing amounts of peanut protein. Dose escalation occurs in a certified physician’s office. At dose escalation, 67 % of patients reported abdominal pain, 36.5% experienced vomiting, 32% reported nausea and 31% reported oral itching. There was a 9.4 % rate of anaphylaxis during dose escalation and 8.7% during maintenance dosing. At the end of treatment, 67% of Palforzia patients could tolerate a 600 mg dose of peanuts. (600 mg is approximately 2 peanuts). The EPITOPE study met the primary endpoint Toddlers aged 1-3 who have a peanut allergy were enrolled in the clinical trial. On a daily basis, their caregivers applied a Viaskin peanut patch. The patch at the highest dose contains 250 micrograms of peanut protein which is a very, very small amount of peanut protein. (A microgram is one thousandth of an mg.) The EPITOPE trial was one year in duration. 244 toddlers received treatment and 118 received placebo. At baseline and at the end of treatment, toddlers received a food challenge to determine their eliciting dose. The eliciting dose is the amount of peanut that causes allergic symptoms. At the end of treatment, patients who were successfully treated made the improvements shown in the chart below. Before Treatment After Treatment Eliciting dose less than or equal to 10 mg Eliciting dose greater than or equal to 300 mg Eliciting dose greater than 10 mg Eliciting dose greater than or equal to 1000 mg Source: DBV Technologies 67% of children treated met the "success" response criteria at 12 months. In comparison, 33.5 % of placebo treated children met the endpoint. (Note: The placebo response was likely a result of a self resolving peanut allergy.) This result was statistically significant and the primary endpoint was met. In the trial, there was one SAE which was swelling around the eye. The most common side effect was a reaction at the site where the patch was applied. 22.5 % of the children experienced a site reaction that was severe as compared to 8.5% of placebo patients. These reactions decreased during the one year treatment period. Eight children discontinued treatment due to side effects. Four children (1.6%) treated with Viaskin Peanut experienced an anaphylactic reaction that was determined to be or may have been related to treatment. None of these anaphylactic reactions were serious. Three of these reactions resolved with epinephrine and one without epinephrine. A long term open label extension study is underway. Revenue Projections

Revenue & Expenses Breakdown

How DBV Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:DBVT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 266-16745129
31 Dec 256-14736117
30 Sep 256-12529103
30 Jun 254-1222898
31 Mar 254-1142989
31 Dec 244-1143189
30 Sep 2413-1023483
30 Jun 2414-883373
31 Mar 2415-803366
31 Dec 2316-733260
30 Sep 236-1013177
30 Jun 235-1012978
31 Mar 234-1002679
31 Dec 225-962676
30 Sep 229-712458
30 Jun 228-772959
31 Mar 225-853260
31 Dec 216-983570
30 Sep 212-1243985
30 Jun 214-1313894
31 Mar 219-1483796
31 Dec 2011-16045102
30 Sep 2017-16154100
30 Jun 2016-17163102
31 Mar 2016-16974110
31 Dec 1915-17275111
30 Sep 1912-17677112
30 Jun 1913-19890122
31 Mar 1913-19187119
31 Dec 1813-19087120
30 Sep 1811-17877117
30 Jun 1811-17268118
31 Mar 1811-18269126
31 Dec 1712-17764124
30 Sep 1711-16963119
30 Jun 1711-15761109
31 Mar 179-1355491
31 Dec 168-1215181
30 Sep 168-1094772
30 Jun 168-883959
31 Mar 168-723150
31 Dec 157-492036
30 Sep 156-401631

Quality Earnings: DBVT is currently unprofitable.

Growing Profit Margin: DBVT is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DBVT is unprofitable, and losses have increased over the past 5 years at a rate of 4.4% per year.

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

Earnings vs Industry: DBVT is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (54.5%).


Return on Equity

High ROE: DBVT has a negative Return on Equity (-80.54%), 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 Analysis2026/07/08 10:04
End of Day Share Price 2026/07/08 00:00
Earnings2026/03/31
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

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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

DBV Technologies S.A. is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tazeen AhmadBofA Global Research
Kristen KluskaCantor Fitzgerald & Co.
Jonathan WollebenCitizens JMP Securities, LLC