Corvus Pharmaceuticals, Inc. (CRVS) intrinsic value & 10-year financials

Corvus Pharmaceuticals, Inc. (CRVS) has no Graham intrinsic value right now because the formula needs positive earnings.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$9.52
Market cap
$759.2M
Revenue (FY2025)
—
ROIC (10-yr avg)
-70.4%
Free cash flow (FY2025)
-$33.0M

CRVS 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$15.3M -$0.53 -$33.0M — -104.9%
FY2024 — -$62.3M -$1.02 — — -111.2%
FY2023 — -$27.0M -$0.56 -$24.0M — -52.8%
FY2022 — -$41.3M -$0.89 -$27.3M — -80.8%
FY2021 — -$43.2M -$1.03 -$36.7M — -82.9%
FY2020 — -$6.0M -$0.20 -$34.9M — -69.9%
FY2019 — -$46.7M -$1.59 -$37.3M — -71.6%
FY2018 — -$46.9M — -$41.3M — -50.4%
FY2017 — -$55.7M — -$46.5M — -51.9%
FY2016 — -$36.4M — -$30.1M — -27.8%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Corvus Pharmaceuticals, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Corvus Pharmaceuticals, Inc. has historically struggled to out-earn its cost of capital, averaging just -82.0% ROIC.

Corvus Pharmaceuticals, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Corvus Pharmaceuticals, Inc. is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.

CRVS stock: frequently asked questions

What is the intrinsic value of Corvus Pharmaceuticals, Inc. (CRVS) stock?

Graham's formula only works with positive earnings. Corvus Pharmaceuticals, Inc. reported diluted EPS of -$0.53 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Corvus Pharmaceuticals, Inc. generate free cash flow?

Corvus Pharmaceuticals, Inc. generated -$33.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 9 reported years.

What is CRVS's return on invested capital?

Average ROIC over the last 10 fiscal years was -70.4%, and average return on equity was -55.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CRVS data come from?

From Corvus Pharmaceuticals, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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