Financial Statements — PCVX
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.18 | 0.26 | 0.28 | 0.31 | 0.35 | 1.05 | 0.52 | 0.61 | 0.55 | 0.53 | 0.38 | 0.28 | 0.24 | 0.20 | 0.11 | 0.15 | 0.20 |
| Short-term Investments | 1.30 | 1.48 | 1.43 | 1.35 | 1.32 | 1.13 | 0.93 | 0.88 | 0.72 | 0.76 | 0.44 | 0.08 | 0.12 | 0.13 | 0.17 | 0.14 | 0.12 |
| Total Current Assets | 1.55 | 1.81 | 1.77 | 1.72 | 1.72 | 2.21 | 1.48 | 1.52 | 1.30 | 1.31 | 0.84 | 0.37 | 0.36 | 0.34 | 0.30 | 0.30 | 0.32 |
| Property, Plant & Equipment | 0.26 | 0.26 | 0.25 | 0.24 | 0.22 | 0.16 | 0.13 | 0.08 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Total Non-current Assets | 1.59 | 1.53 | 1.40 | 1.59 | 1.66 | 1.35 | 0.61 | 0.57 | 0.20 | 0.19 | 0.17 | 0.04 | 0.05 | 0.06 | 0.05 | 0.06 | 0.06 |
| Total Assets | 3.14 | 3.35 | 3.17 | 3.31 | 3.38 | 3.56 | 2.09 | 2.09 | 1.50 | 1.50 | 1.01 | 0.41 | 0.41 | 0.40 | 0.35 | 0.36 | 0.38 |
| Accounts Payable | 0.10 | 0.06 | 0.05 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.03 | 0.02 | 0.03 |
| Total Current Liabilities | 0.27 | 0.24 | 0.20 | 0.15 | 0.10 | 0.12 | 0.08 | 0.09 | 0.09 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.05 | 0.04 | 0.06 |
| Total Non-current Liabilities* | 0.11 | 0.11 | 0.08 | 0.08 | 0.08 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.38 | 0.35 | 0.28 | 0.23 | 0.18 | 0.14 | 0.10 | 0.11 | 0.09 | 0.07 | 0.06 | 0.05 | 0.05 | 0.04 | 0.05 | 0.04 | 0.06 |
| Retained Earnings | (2.76) | (2.48) | (1.91) | (1.70) | (1.53) | (1.25) | (1.15) | (1.02) | (0.74) | (0.65) | (0.58) | (0.44) | (0.39) | (0.34) | (0.27) | (0.24) | (0.22) |
| Total Stockholder Equity | 2.76 | 3.00 | 2.89 | 3.07 | 3.20 | 3.42 | 1.99 | 1.98 | 1.40 | 1.43 | 0.94 | 0.36 | 0.37 | 0.36 | 0.31 | 0.32 | 0.33 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Research & Development | 267.85 | 312.78 | 242.06 | 209.93 | 194.18 | 148.13 | 133.61 | 116.94 | 131.51 | 94.59 | 104.15 | 97.42 | 72.69 | 58.08 | 51.63 | 47.68 | 38.47 | 31.68 | 23.07 | 20.43 |
| Selling, General & Admin | 34.92 | 33.07 | 32.22 | 32.45 | 32.04 | 32.66 | 28.56 | 22.99 | 21.47 | 19.89 | 17.53 | 15.61 | 14.46 | 13.11 | 11.95 | 10.90 | 9.42 | 7.54 | 6.77 | 6.52 |
| Total Operating Expenses | 302.78 | 345.85 | 274.28 | 242.38 | 226.22 | 180.79 | 162.17 | 139.92 | 152.98 | 114.47 | 196.68 | 113.03 | 87.15 | 71.19 | 86.57 | 58.58 | 47.89 | 39.22 | 29.85 | 26.95 |
| Operating Income | (302.78) | (345.85) | (274.28) | (242.38) | (226.22) | (180.79) | (162.17) | (139.92) | (152.98) | (114.47) | (196.68) | (113.03) | (87.15) | (71.19) | (86.57) | (58.58) | (47.89) | (39.22) | (29.85) | (26.95) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.01 |
| Pretax Income* | (284.30) | (320.62) | (246.51) | (212.83) | (166.57) | (140.72) | -- | (103.12) | (128.70) | (95.02) | -- | (92.66) | (68.34) | (60.46) | -- | (57.92) | (48.53) | (38.99) | -- | (26.61) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Net Income | (284.30) | (320.62) | (246.51) | (212.83) | (166.57) | (140.72) | (137.08) | (103.12) | (128.70) | (95.02) | (180.80) | (92.66) | (68.34) | (60.46) | (78.05) | (57.92) | (48.53) | (38.99) | (28.56) | (26.61) |
| Basic EPS | (1.97) | (2.30) | (1.81) | (1.56) | (1.22) | (1.04) | (1.02) | (0.83) | (1.10) | (0.85) | (1.83) | (0.91) | (0.70) | (0.70) | (1.02) | (0.93) | (0.80) | -- | -- | -- |
| Diluted EPS | (1.97) | (2.30) | (1.81) | (1.56) | (1.22) | (1.04) | (1.02) | (0.83) | (1.10) | (0.85) | (1.83) | (0.91) | (0.70) | (0.70) | (1.02) | (0.93) | (0.80) | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (0.23) | (0.28) | (0.22) | (0.14) | (0.12) | (0.17) | (0.11) | (0.06) | (0.12) | (0.16) | (0.13) | (0.06) | (0.06) | (0.05) | (0.07) | (0.04) | (0.04) | (0.03) | (0.05) | (0.03) |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | (0.24) | (0.28) | (0.23) | (0.15) | (0.12) | (0.17) | (0.12) | (0.07) | (0.13) | (0.16) | (0.13) | (0.06) | (0.06) | (0.05) | (0.07) | (0.04) | (0.04) | (0.03) | (0.05) | (0.03) |
| Investing Cash Flow | 0.15 | (0.23) | 0.12 | 0.12 | 0.08 | 0.12 | (0.56) | (0.92) | (0.08) | (0.45) | (0.01) | 0.02 | (0.33) | (0.45) | (0.04) | 0.03 | 0.03 | 0.05 | 0.00 | (0.02) |
| Financing Cash Flow | 0.01 | 0.60 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 1.52 | 0.11 | 0.82 | 0.00 | 0.05 | 0.55 | 0.04 | 0.66 | 0.04 | 0.05 | 0.11 | 0.01 | 0.01 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 | Q3
2020 | Q2
2020 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
