Invivyd, Inc. (IVVD) intrinsic value & 10-year financials
Invivyd, Inc. (IVVD) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 7 fiscal years revenue grew 110.5% a year to $53.4M, with an average return on invested capital of -222.1%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $0.62
- Market cap
- $106.5M
- Revenue (FY2025)
- $53.4M
- Revenue growth (7-yr CAGR)
- 110.5%
- ROIC (10-yr avg)
- -222.1%
- Free cash flow (FY2025)
- -$58.3M
IVVD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $53.4M | -$52.5M | -$0.30 | -$58.3M | -104.0% | -781.4% |
| FY2024 | $25.4M | -$169.9M | -$1.43 | -$170.6M | -696.8% | 1458.1% |
| FY2023 | $0 | -$198.6M | -$1.81 | -$173.8M | — | -174.7% |
| FY2022 | — | -$241.3M | -$2.23 | -$221.7M | — | -176.0% |
| FY2021 | — | -$226.8M | -$5.32 | -$184.8M | — | -1436.6% |
| FY2020 | — | — | — | — | — | — |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Invivyd, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Invivyd, Inc. has historically struggled to out-earn its cost of capital, averaging just -2.2% ROIC.
Invivyd, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Invivyd, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-9.96 per share.