Financials in USD. Standardized financial statements.
A compact view of how Bavarian Nordic A/S turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $6.16B | $5.72B | $7.06B | $3.15B | $1.90B | $1.85B | $662.49M | $500.62M | $1.37B | $1.01B |
| Revenue Growth? | +7.7% | -19.1% | +124.1% | +66.0% | +2.5% | +179.6% | +32.3% | -63.5% | +36.1% | 0.0% |
| Cost of Revenue? | $3.24B | $2.90B | $2.46B | $1.45B | $1.33B | $1.20B | $354.76M | $255.12M | $290.62M | $297.79M |
| Gross Profit? | $2.92B | $2.82B | $4.60B | $1.70B | $570.32M | $657.29M | $307.73M | $245.50M | $1.08B | $708.95M |
| Gross Margin? | +47.4% | +49.3% | +65.2% | +54.0% | +30.1% | +35.5% | +46.5% | +49.0% | +78.8% | +70.4% |
| Operating Expenses? | $2.00B | $1.88B | $3.11B | $1.77B | $883.86M | $277.70M | $636.18M | $599.98M | $726.34M | $675.94M |
| Operating Income? | $918.69M | $939.77M | $1.50B | -$3.85M | -$263.31M | $449.62M | -$316.43M | -$319.51M | $307.56M | $67.34M |
| EBITDA? | $1.63B | $1.67B | $2.14B | $395.40M | $85.32M | $819.13M | -$269.21M | -$300.46M | $345.09M | $91.98M |
| Income Before Tax | $1.80B | $971.36M | $1.48B | -$331.61M | -$454.43M | $281.98M | -$344.75M | -$356.63M | $302.28M | $39.55M |
| Income Tax Expense | $424.61M | -$16.62M | $7.75M | $15.77M | $10.35M | $4.46M | $2.03M | $5.29M | $120.94M | $8.95M |
| Net Income? | $1.37B | $987.98M | $1.48B | -$347.38M | -$464.77M | $277.52M | -$346.78M | -$361.93M | $181.34M | $30.60M |
| EPS? | $17.61 | $12.60 | $19.20 | $-4.93 | $-7.37 | $5.13 | $-8.50 | $-8.88 | $4.54 | $0.80 |
| Diluted EPS? | $17.61 | $12.60 | $19.23 | $-4.93 | $-7.37 | $5.13 | $-8.50 | $-8.88 | $4.50 | $0.80 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality