• Reported GAAP EPS of -$0.13 up 7.14% YoY • Reported revenue of $13.74M up 21.59% YoY
Bullish
Invivyd achieved 22% PEMGARDA revenue growth to $13.7M in Q1 2026, advanced its VYD2311 clinical program with positive data and expanded its pipeline, supported by a strong cash position.
Bearish
Invivyd experienced increased operating expenses, leading to a higher net loss, while PEMGARDA's EUA remains temporary and susceptible to viral variants, and a key clinical trial was delayed.