DBVTDBV Technologies S.A.
Is the business good?
Margins compressing. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is DBVT?
DBV Technologies S.A. keeps −3543% of every revenue dollar as operating profit, against −77% for the median Biotechnology name.
Operating margin · Biotechnology median −77% · 12 months to Q2 2026
- Share count, year on year
- +222%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 2513%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | −1409% |
| FY2021 | −1728% |
| FY2022 | −1995% |
| FY2023 | −486% |
| FY2024 | −2809% |
| FY2025 | −2609% |
Details›
- Operating margin12 months to Q2 2026
- −3543%
- Net margin12 months to Q2 2026
- −3507%
- Free cash flow margin
- −3399%
- R&D as % of revenue
- 2513%
- Revenue, trailing twelve months
- $5.0M
- Free cash flow, trailing twelve months
- −$171M
- Net income, trailing twelve months
- −$176M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.