Bavarian Nordic A/S (CPH:BAVA)

Bavarian Nordic Revenue

Bavarian Nordic had revenue of 2.03B DKK in the quarter ending June 30, 2026, with 23.18% growth. This brings the company's total for the last twelve months to 6.34B, down -1.82% year-over-year. In the year 2025, Bavarian Nordic had annual revenue of 6.24B with 9.23% growth. That makes Bavarian Nordic the 7,884th largest company in the world by revenue and 39th in Denmark.

• Revenue (ttm): 6.34B
• Revenue Growth: -1.82%
• P/S Ratio: 2.93
• Revenue / Employee: 3.33M
• Employees: 1,906
• Market Cap: 18.58B

Revenue Chart

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Revenue by Geography

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• USA 2.70B 43.2%
• Germany 1.16B 18.6%
• France 723.95M 11.6%
• Other Geographic Markets 518.95M 8.3%
• Canada 223.46M 3.6%
• England 213.59M 3.4%
• Finland 182.51M 2.9%
• Other 524.49M 8.4%

Fiscal year ended Dec 31, 2025 See the full Bavarian Nordic breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	6.24B	527.75M	9.23%
Dec 31, 2024	5.72B	-1.35B	-19.06%
Dec 31, 2023	7.06B	3.91B	124.14%
Dec 31, 2022	3.15B	1.25B	66.02%
Dec 31, 2021	1.90B	45.49M	2.46%

Data Source: S&P Global Market Intelligence Last updated: Aug 21, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

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