Pharvaris Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Selling, General & Admin	48.18	45.34	47.12	31.34	29.34	18.35
Research & Development	123.73	124.48	98.56	65.58	57.38	35.79
Total Operating Expenses	171.91	169.82	145.69	96.91	86.71	54.14
Operating Income	-171.91	-169.82	-145.69	-96.91	-86.71	-54.14
Interest Income	-	-3.89	13.29	-2.91	11.06	-
Other Non-Operating Income (Expense)	-2.56	-	-	-	-	11.48
Total Non-Operating Income (Expense)	-2.56	-3.89	13.29	-2.91	11.06	11.48
Pretax Income	-166.6	-173.71	-132.4	-99.83	-75.65	-42.66
Provision for Income Taxes	1.96	1.99	1.83	1.05	0.68	0.07
Net Income	-168.56	-175.7	-134.22	-100.88	-76.33	-42.73
Net Income to Common	-168.56	-175.7	-134.22	-100.88	-76.33	-42.73
Shares Outstanding (Basic)	62	59	54	38	34	30
Shares Outstanding (Diluted)	62	59	54	38	34	30
Shares Change (YoY)	14.09%	9.51%	40.71%	14.31%	10.44%	527.05%
EPS (Basic)	-2.75	-2.97	-2.48	-2.63	-2.27	-1.40
EPS (Diluted)	-2.75	-2.97	-2.48	-2.63	-2.27	-1.40
Free Cash Flow	-147.42	-137.24	-120.67	-93.14	-67.29	-44.73
Free Cash Flow Per Share	-2.38	-2.32	-2.23	-2.43	-2.00	-1.47
EBITDA	-171.49	-169.41	-145.42	-96.66	-86.56	-54.06
EBIT	-171.91	-169.82	-145.69	-96.91	-86.71	-54.14
Effective Tax Rate	-1.18%	-1.14%	-1.38%	-1.05%	-0.90%	-0.16%

SEC Filings: 10-K · 10-Q