Vaxart, Inc. Income Statement
VXRT|13 years of annual SEC 10-K data (FY2009-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
Vaxart, Inc. reported $237M in revenue and $16M in net income for FY2025. Revenue has grown at a 21.5% compound annual rate over the past 16 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.04 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $237.3M | $28.7M | $7.4M | $1.5M | $5.8M | $9.3M | $24.6M | $68.7M | $33.6M | $20.4M | $12.5M | $35.0M | $10.5M |
| Cost of Revenue | - | - | - | - | - | - | $4.8M | $7.7M | $10.7M | - | - | - | - |
| SG&A Expense | $17.6M | $20.8M | $22.6M | $6.7M | $3.5M | $8.0M | $9.4M | $10.2M | $18.0M | $9.4M | $7.0M | $6.2M | $10.0M |
| R&D Expense | $201.6M | $74.2M | $68.1M | $17.3M | $12.4M | $26.3M | $19.8M | $17.5M | $19.9M | $24.1M | $33.5M | $26.1M | $16.5M |
| Operating Income | $18.1M | -$66.3M | -$83.3M | -$21.8M | -$10.0M | -$25.2M | -$19.5M | -$11.5M | -$22.1M | -$22.9M | -$30.5M | -$1.2M | -$18.0M |
| Interest Expense | - | - | - | $821.0K | $3.0M | - | - | - | - | - | - | $210.0K | $1.1M |
| Income Tax | $476.0K | $260.0K | $261.0K | $109.0K | $300.0K | - | -$100.0K | -$300.0K | $100.0K | -$500.0K | -$800.0K | -$1.8M | - |
| Net Income | $16.3M | -$66.9M | -$82.5M | -$18.0M | -$9.6M | -$25.4M | -$19.1M | -$11.0M | -$8.9M | -$19.2M | -$25.4M | $878.0K | -$18.7M |
| EPS (Basic) | $0.07 | -$0.33 | -$0.57 | $0.54 | -$0.66 | -$0.35 | -$0.32 | -$0.14 | -$1.12 | -$0.85 | - | - | - |
| EPS (Diluted) | $0.07 | -$0.33 | - | $0.49 | -$0.66 | -$0.35 | -$0.32 | -$0.14 | -$1.12 | -$0.85 | - | - | - |
| Shares Outstanding | 240.5M | 227.8M | 153.5M | 138.5K | 38.6M | 38.6M | 35.1M | 28.4M | 22.7M | 22.7M | 50.6M | 44.4M | 50.6M |
| Operating Margin | 7.6% | -231.0% | -1129.5% | -1447.5% | -171.5% | -271.0% | -79.3% | -16.7% | -65.8% | -112.3% | -244.0% | -3.4% | -171.4% |
| Profit Margin | 6.9% | -233.3% | -1117.6% | -1198.1% | -164.1% | -273.1% | -77.6% | -16.0% | -26.5% | -94.1% | -203.2% | 2.5% | -178.5% |