Pharvaris N.V.

NasdaqGS:PHVS Stock Report

Market Cap: US$2.0b

Pharvaris Past Earnings Performance

Past criteria checks 0/6

Pharvaris's earnings have been declining at an average annual rate of -33.7%, while the Pharmaceuticals industry saw earnings growing at 8.2% annually.

Key information

-33.70%

Earnings growth rate

1.69%

EPS growth rate

Pharmaceuticals Industry Growth5.95%
Revenue growth raten/a
Return on equity-64.77%
Net Marginn/a
Last Earnings Update31 Dec 2025

Recent past performance updates

No updates

Recent updates

Seeking Alpha • Nov 23

Pharvaris: Biotech With De-Risked Phase 3 Readout Coming, Initiating With A Buy Rating

Summary I initiate Pharvaris with a buy rating and $40 target price, driven by its differentiated oral bradykinin B2 antagonist franchise for HAE. PHVS's late-stage pipeline targets both on-demand and prophylactic HAE treatment, with pivotal phase 3 data expected by year-end 2025. Deucrictibant's validated mechanism, strong phase 2 results, and regulatory precedent de-risk the upcoming phase 3 readout, supporting a high probability of success of 90%+ (author's judgement). Key risks include clinical, commercial, and financing uncertainties, but the risk-reward profile remains attractive ahead of multiple catalysts. Read the full article on Seeking Alpha
Analysis Article • Jul 05

Here's Why We're Watching Pharvaris' (NASDAQ:PHVS) Cash Burn Situation

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 • Mar 17

We're Hopeful That Pharvaris (NASDAQ:PHVS) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha • Dec 29

Pharvaris: Despite 30% Decline, Still Fair At Best

Summary Pharvaris is a pre-revenue biotech company with significant cash burn and a high development burden, making it a risky investment in a high-cost capital environment. Despite positive trial data, the company's valuation remains optimistic, considering the market size and potential outstanding development costs. The current market cap of $1 billion + $900 million development burden against a $2 billion gross value capture is not a great value setup. With only $300 million in liquidity and an estimated $900 million development burden, Pharvaris also has reflexivity risks. Read the full article on Seeking Alpha
Analysis Article • Dec 02

Here's Why We're Not Too Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Aug 16

We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Seeking Alpha • Jan 17

Pharvaris: Digging Deep For Sufficient Market Size

Summary Pharvaris is developing a molecule called Deucrictibant to treat acute hereditary angioedema (HAE) and provide prophylactic treatment. The market size for HAE is estimated to be around $2 billion, but that's digging deep and outside of the more profitable developed markets. Pharvaris has $440 million in available liquidity, including cash and a newly underwritten issue, but there is still a significant R&D burden and potential dilution in the company's future. At a $1.45 billion market cap, with outstanding burdens and a best-case market size at $2 billion according to our figures, we don't see the appeal here. Read the full article on Seeking Alpha
Analysis Article • Oct 09

We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. Indeed, Pharvaris ( NASDAQ:PHVS...
Analysis Article • May 13

Pharvaris (NASDAQ:PHVS) Is In A Good Position To Deliver On Growth Plans

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article • Jan 11

Companies Like Pharvaris (NASDAQ:PHVS) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article • Sep 26

We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha • Sep 12

Pharvaris GAAP EPS of -€0.38

Pharvaris press release (NASDAQ:PHVS): Q2 GAAP EPS of -€0.38. Cash and cash equivalents were €201 million as of June 30, 2022, compared to €209 million as of December 31, 2021.
Seeking Alpha • Aug 22

Pharvaris slips 19% after FDA clinical hold on hereditary angioedema candidate

Pharvaris N.V. (NASDAQ:PHVS) dropped ~19% in the pre-market trading Monday after the Dutch biopharma announced that the FDA verbally notified its plans to issue a clinical hold on the clinical trials of hereditary angioedema candidate PHA121. The decision is based on a review of nonclinical data, and the agency intends to offer a formal clinical hold letter within the next 30 days. A small molecule bradykinin B2-receptor antagonist, PHA121, was undergoing clinical studies in the U.S. under two Investigational New Drug (IND) applications for HAE. “We are fully committed to working closely with the FDA to address the agency’s concerns,” PHVS Chief Executive Berndt Modig remarked.
Analysis Article • Jun 08

We're Not Very Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Rate

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 21

Pharvaris (NASDAQ:PHVS) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Aug 25

We're Not Very Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Revenue & Expenses Breakdown

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

Earnings and Revenue History

NasdaqGS:PHVS Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 250-17645124
30 Sep 250-16446122
30 Jun 250-16848118
31 Mar 250-15349111
31 Dec 240-1344799
30 Sep 240-1324286
30 Jun 240-1143779
31 Mar 240-1063470
31 Dec 230-1013166
30 Sep 230-1073063
30 Jun 230-923159
31 Mar 230-833158
31 Dec 220-762957
30 Sep 220-492752
30 Jun 220-502347
31 Mar 220-532041
31 Dec 210-431836
30 Sep 210-411533
30 Jun 210-381229
31 Mar 210-29825
31 Dec 200-26520
30 Sep 200-19414
31 Dec 190-826

Quality Earnings: PHVS is currently unprofitable.

Growing Profit Margin: PHVS is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PHVS is unprofitable, and losses have increased over the past 5 years at a rate of 33.7% per year.

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

Earnings vs Industry: PHVS is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-5%).

Return on Equity

High ROE: PHVS has a negative Return on Equity (-64.77%), 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 Analysis2026/05/11 14:19
End of Day Share Price 2026/05/11 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

Pharvaris N.V. is covered by 17 analysts. 11 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
Steven SeedhouseCantor Fitzgerald & Co.
Jonathan WollebenCitizens JMP Securities, LLC