AVIR net incomeQ3 2026-$32.16M
AVIR net income was -$32.16M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$42.05M a year earlier. For the full fiscal 2025 it was -$158.35M, compared with -$168.38M in fiscal 2024.
Atea Pharmaceuticals Inc. (AVIR) financials
For the twelve months ended Sep 30, 2026, Atea Pharmaceuticals Inc. reported -$155.40M of net income.
- Net income, TTM
- -$155.40M
- EPS, diluted, TTM
- -$1.95
- Cash
- $97.92M
- Market cap
- $353.7M
FY2020FY2021
FY2018FY2025
FY2018FY2022
AVIR revenue and earnings growth
AVIR EPSQ3 2026-$0.40
AVIR diluted EPS was -$0.40 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.53 a year earlier. For the full fiscal 2025 it was -$1.94, compared with -$2.00 in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $351.37M | $48.63M | - | - |
| Research and development | $148.02M | $144.10M | $114.24M | $81.94M | $167.21M | $38.02M | $10.17M | $6.67M |
| Selling, general and admin | $32.86M | $48.85M | $49.92M | $48.71M | $45.78M | $21.64M | $4.44M | $2.80M |
| Operating income | -$180.89M | -$192.95M | -$164.16M | -$130.65M | $138.38M | -$11.03M | -$14.61M | -$9.48M |
| Pre-tax income | -$164.51M | -$167.46M | -$134.94M | -$119.50M | $138.59M | -$10.95M | -$14.03M | - |
| Income tax | -$6.16M | $925.0K | $1.02M | -$3.59M | $17.40M | - | - | - |
| Net income | -$158.35M | -$168.38M | -$135.96M | -$115.91M | $121.19M | -$10.95M | -$14.03M | -$9.06M |
| EPS, basic | -$1.94 | -$2.00 | -$1.63 | -$1.39 | $1.46 | -$0.51 | -$1.39 | -$0.90 |
| EPS, diluted | -$1.94 | -$2.00 | -$1.63 | -$1.39 | $1.37 | -$0.51 | -$1.39 | -$0.90 |
| Diluted shares | 81.5M | 84.3M | 83.4M | 83.2M | 88.2M | 21.6M | 10.1M | 10.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $95.71M | $64.70M | $143.82M | $188.66M | $764.68M | $850.12M | $21.77M | $34.60M |
| Current assets | $310.99M | $462.36M | $590.46M | $660.92M | $772.40M | $863.48M | $21.91M | - |
| Total assets | $315.22M | $464.67M | $594.97M | $666.71M | $772.89M | $863.63M | $22.07M | - |
| Current liabilities | $39.78M | $18.60M | $32.38M | $18.48M | $56.88M | $315.80M | $2.44M | - |
| Total liabilities | $39.78M | $25.80M | $39.78M | $26.14M | $62.81M | $315.83M | $2.53M | - |
| Shareholders' equity | $275.43M | $438.87M | $555.19M | $640.57M | $710.08M | $547.80M | -$49.57M | -$36.16M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$132.03M | -$135.50M | -$85.39M | -$120.98M | -$87.00M | $296.73M | -$12.83M | -$7.91M |
| Capital expenditures | - | - | - | $1.94M | $4.0K | $26.0K | $2.0K | $12.0K |
| Free cash flow | - | - | - | -$122.92M | -$87.01M | $296.71M | -$12.83M | -$7.92M |
| Investing cash flow | $188.79M | $56.10M | $40.30M | -$455.41M | -$4.0K | -$26.0K | -$2.0K | -$12.0K |
| Financing cash flow | -$25.75M | $267.0K | $257.0K | $370.0K | $1.47M | $531.75M | - | $27.48M |
| Share repurchases | $25.52M | $0 | - | - | - | - | - | - |
| Stock-based compensation | $20.72M | $51.77M | $49.43M | $46.72M | $39.62M | $7.46M | $624.0K | $414.0K |
| Depreciation and amortization | $416.0K | $416.0K | $416.0K | $260.0K | $29.0K | $19.0K | $17.0K | $17.0K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | - | - | - | 622.5% | - | - | - |
| Operating margin | - | - | - | - | 39.4% | -22.7% | - | - |
| Net margin | - | - | - | - | 34.5% | -22.5% | - | - |
| Free cash flow margin | - | - | - | - | -24.8% | 610.1% | - | - |
| Return on equity | -57.5% | -38.4% | -24.5% | -18.1% | 17.1% | -2.0% | - | - |
| Return on assets | -50.2% | -36.2% | -22.9% | -17.4% | 15.7% | -1.3% | -63.6% | - |
| Current ratio | 7.82 | 24.85 | 18.24 | 35.77 | 13.58 | 2.73 | 9.00 | - |
Income statement
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | $27.09M | $28.15M | $41.13M | $47.82M | $38.35M | $32.27M | $29.58M | $25.67M | $26.16M | $34.70M | $57.58M | $35.05M |
| Selling, general and admin | $6.92M | $6.95M | $6.87M | $7.12M | $7.22M | $9.07M | $9.46M | $13.36M | $11.04M | $12.22M | $12.23M | $11.53M |
| Operating income | -$34.01M | -$35.10M | -$48.01M | -$54.93M | -$45.57M | -$41.34M | -$39.04M | -$39.03M | -$37.20M | -$46.92M | -$69.81M | -$46.57M |
| Pre-tax income | -$32.12M | -$32.91M | -$45.39M | -$51.63M | -$41.85M | -$36.95M | -$34.07M | -$33.32M | -$30.93M | -$40.28M | -$62.94M | -$38.81M |
| Income tax | $38.0K | $24.0K | $50.0K | -$6.77M | $196.0K | $207.0K | $203.0K | $225.0K | $226.0K | $243.0K | $231.0K | $349.0K |
| Net income | -$32.16M | -$32.93M | -$45.44M | -$44.87M | -$42.05M | -$37.16M | -$34.27M | -$33.54M | -$31.15M | -$40.52M | -$63.17M | -$39.16M |
| EPS, basic | -$0.40 | -$0.41 | -$0.57 | -$0.57 | -$0.53 | -$0.44 | -$0.40 | -$0.40 | -$0.37 | -$0.48 | -$0.75 | -$0.46 |
| EPS, diluted | -$0.40 | -$0.41 | -$0.57 | -$0.57 | -$0.53 | -$0.44 | -$0.40 | -$0.40 | -$0.37 | -$0.48 | -$0.75 | -$0.46 |
| Diluted shares | 80.2M | 80.1M | 79.2M | - | 79.1M | 83.7M | 85.2M | - | 84.4M | 84.3M | 83.9M | - |
Balance sheet
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $97.92M | $76.55M | $79.32M | $95.71M | $77.34M | $87.72M | $119.39M | $64.70M | $98.46M | $243.39M | $160.91M | $143.82M |
| Current assets | $200.27M | $228.66M | $263.20M | $310.99M | $336.14M | $385.60M | $433.71M | $462.36M | $486.91M | $506.37M | $548.76M | $590.46M |
| Total assets | $200.71M | $232.28M | $267.08M | $315.22M | $342.96M | $391.61M | $439.96M | $464.67M | $490.96M | $510.38M | $553.03M | $594.97M |
| Current liabilities | $25.02M | $28.12M | $33.37M | $39.78M | $20.18M | $20.12M | $21.75M | $18.60M | $25.19M | $26.62M | $41.31M | $32.38M |
| Total liabilities | - | - | - | $39.78M | $27.18M | $27.19M | $28.88M | $25.80M | $32.44M | $33.91M | $48.66M | $39.78M |
| Shareholders' equity | $175.68M | $204.16M | $233.71M | $275.43M | $315.78M | $364.42M | $411.08M | $438.87M | $458.52M | $476.47M | $504.37M | $555.19M |
Cash flow
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$28.87M | -$37.08M | -$46.39M | -$28.22M | -$40.38M | -$32.87M | -$30.56M | -$30.40M | -$23.04M | -$42.20M | -$39.87M | -$21.83M |
| Investing cash flow | $50.05M | $34.31M | $29.74M | $46.59M | $41.30M | $15.29M | $85.61M | -$3.37M | -$122.01M | $124.69M | $56.80M | $27.77M |
| Financing cash flow | $195.0K | $0 | $257.0K | $0 | -$11.30M | -$14.09M | -$347.0K | $0 | $117.0K | $0 | $150.0K | $0 |
| Share repurchases | - | - | - | $0 | $11.43M | - | - | - | - | - | - | - |
| Stock-based compensation | $3.47M | $3.38M | $3.73M | $4.58M | $4.52M | $4.67M | $6.95M | $14.30M | $12.16M | $12.72M | $12.59M | $12.16M |
| Depreciation and amortization | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K | $104.0K |
Key ratios
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 8.00 | 8.13 | 7.89 | 7.82 | 16.66 | 19.17 | 19.94 | 24.85 | 19.33 | 19.02 | 13.28 | 18.24 |
Source: XBRL data Atea Pharmaceuticals Inc. files with the SEC, latest filing dated Nov 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
AVIR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| AVIR | - | - | -$155.40M | - | $353.7M |
| LLY | $86.46B | +45.5% | $27.58B | 31.9% | $1.33T |
| JNJ | $99.33B | +7.8% | $16.09B | 16.2% | $679.13B |
| ABBV | $66.01B | +10.7% | $10.34B | 15.7% | $518.44B |
| MRK | $67.38B | +4.9% | $2.45B | 3.6% | $366.73B |
| NVS | $54.53B | +8.4% | $13.98B | 25.6% | $312.35B |
| AZN | $58.74B | +8.6% | $10.22B | 17.4% | $293.69B |
| ABT | $48.23B | +10.0% | $4.70B | 9.7% | $191.40B |
| NVO | DKK 309.06B | +6.4% | DKK 102.43B | 33.1% | $183.23B |
AVIR FAQ
5 questionsIs AVIR profitable?
No. Atea Pharmaceuticals Inc. reported a net loss of $155.40M for the twelve months ended Sep 30, 2026.How much cash and debt does AVIR have?
Atea Pharmaceuticals Inc. reported $97.92M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is AVIR earnings per share?
Diluted earnings per share were -$1.95 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.When did AVIR last report financial results?
The latest statements here come from Atea Pharmaceuticals Inc.'s 10-Q filed on Nov 9, 2026, covering the period ended Sep 30, 2026.Where does this AVIR financial data come from?
Quantisnow builds these statements from the structured XBRL data Atea Pharmaceuticals Inc. files with the SEC. It is provided for information only and is not investment advice.