Revenue
2009
2010
2011
2011
2012
2013
2014
2015
2016
2017
2017
2018
2019
2020
2021
2022
2023
2024
2025
Vaxart, Inc. (VXRT)
Price$0.4950Cached quote
Net income
2009
2010
2011
2011
2012
2013
2014
2015
2016
2017
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2009
2010
2011
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2011
2012
2013
2014
2015
2016
2017
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 · Dec 31 | 2017 · Jun 30 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 · Dec 31 | 2011 · Jun 30 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $237.3M | $28.7M | $7.4M | $107,000 | $892,000 | $4.0M | $9.9M | $4.2M | $5.8M | $8.9M | $9.3M | $24.6M | $68.7M | $33.6M | $20.4M | $14.8M | $12.5M | $35.0M | $10.5M |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | $21.0M | $17.6M | $13.9M | $10.5M | $13.4M | $10.0M | $31.1M | $8.5M |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | 85.37% | 25.62% | 41.37% | 51.47% | 90.14% | 80.00% | 88.71% | 81.05% |
| Research & development | $201.6M | $74.2M | $68.1M | $81.1M | $48.7M | $19.9M | $14.5M | $17.3M | $12.4M | $28.3M | $26.3M | $19.8M | $17.5M | $19.9M | $24.1M | $17.8M | $33.5M | $26.1M | $16.5M |
| Operating expenses | $219.2M | $95.0M | $90.7M | $114.7M | $73.6M | $34.2M | $25.6M | $25.9M | $15.9M | $36.4M | $34.5M | $44.1M | $80.2M | $55.7M | $43.3M | $24.6M | $43.0M | $36.2M | $28.5M |
| Operating income | $18.1M | −$66.3M | −$83.3M | −$114.6M | −$72.8M | −$30.2M | −$15.8M | −$21.8M | −$10.0M | −$27.5M | −$25.2M | −$19.5M | −$11.5M | −$22.1M | −$22.9M | −$9.8M | −$30.5M | −$1.2M | −$18.0M |
| Operating margin | 7.62% | −230.99% | −1,129.52% | −107,090.65% | −8,156.05% | −745.67% | −160.06% | −523.11% | −171.52% | −308.99% | −270.97% | −79.27% | −16.74% | −65.77% | −112.25% | −65.79% | −244.00% | −3.42% | −171.38% |
| EBITDA | $26.7M | −$57.4M | −$74.7M | −$108.8M | −$68.5M | −$27.5M | −$12.2M | −$18.6M | −$9.6M | −$27.4M | −$25.1M | −$18.4M | −$9.1M | −$19.1M | −$19.8M | −$9.5M | −$27.5M | −$822,000 | −$17.5M |
| EBITDA margin | 11.23% | −200.15% | −1,012.64% | −101,665.42% | −7,684.30% | −678.70% | −123.60% | −446.09% | −165.01% | −307.87% | −269.89% | −74.80% | −13.25% | −56.85% | −97.06% | −64.19% | −220.00% | −2.35% | −166.59% |
| Net income | $16.3M | −$66.9M | −$82.5M | −$107.8M | −$70.5M | −$32.2M | −$18.6M | −$18.0M | −$9.6M | −$29.4M | −$25.4M | −$19.1M | −$11.0M | −$8.9M | −$19.2M | −$4.5M | −$25.4M | $878,000 | −$18.7M |
| Net profit margin | 6.88% | −233.27% | −1,117.56% | −100,708.41% | −7,900.22% | −796.34% | −189.06% | −432.96% | −164.10% | −330.34% | −273.12% | −77.64% | −16.01% | −26.49% | −94.12% | −30.54% | −203.20% | 2.51% | −178.54% |
| Basic EPSper basic share | $0.07 | -$0.33 | -$0.57 | -$0.84 | -$0.58 | -$0.36 | -$0.86 | -$2.90 | -$91.65 | -$0.76 | -$0.66 | -$0.54 | -$0.35 | -$0.32 | -$0.85 | — | -$1.12 | — | — |
| Diluted EPSper diluted share | $0.07 | -$0.33 | -$0.57 | -$0.84 | -$0.58 | -$0.36 | -$0.86 | -$2.90 | -$91.65 | -$0.76 | -$0.66 | -$0.54 | -$0.35 | -$0.32 | -$0.85 | — | -$1.12 | — | — |
Owners
Reported shareholders
≈1.06%of listed shares
Lo Steven2.59M shares · Mar 24, 2026
View holders
| Holder | % owned |
|---|---|
Lo Steven | ≈1.06%2.59M shares |
Tucker Sean | ≈0.39%943.34K shares |
Cummings James F. | ≈0.38%924.18K shares |
Berg Edward B | ≈0.31%755.37K shares |
Finney Michael J. | ≈0.29%702.84K shares |
Lee Phillip E | ≈0.26%631.62K shares |
Grasman Jeroen Nicolaas | ≈0.22%545.61K shares |
Finney Kevin | ≈0.08%204.77K shares |
Watson W. Mark | ≈0.06%134.13K shares |
HERON ELAINE J | ≈0.04%96.57K shares |
BREITMEYER JAMES B | ≈0.03%78.8K shares |
Wheadon David E. | ≈0.02%46.75K shares |
Heritage Wealth Advisors | 0.01%29.66K shares |
LVM CAPITAL MANAGEMENT LTD/MI | 0.01%25K shares |
KINGSWOOD WEALTH ADVISORS, LLC | <0.01%10.01K shares |
Archer Investment Corp | <0.01%30 shares |
Percentages use 242.84M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 22, 2026Form 4 | Watson W. MarkDirector | BuyCommon Stock | 10.0K | $0.65 | $6.5K | 134.1K |
| Nov 17, 2025Form 4 | Watson W. MarkDirector | BuyCommon Stock | 5.0K | $0.41 | $2.0K | 124.1K |
| Nov 17, 2025Form 4 | Watson W. MarkDirector | BuyCommon Stock | 15.0K | $0.41 | $6.2K | 119.1K |
| Nov 17, 2025Form 4 | HERON ELAINE JDirector | BuyCommon Stock | 16.8K | $0.41 | $6.9K | 96.6K |
| Nov 17, 2025Form 4 | HERON ELAINE JDirector | BuyCommon Stock | 23.2K | $0.39 | $9.1K | 79.8K |