DVAX
Dynavax Technologies Corporation10.78
-0.07-0.65%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.27BP/E (TTM)
-Basic EPS (TTM)
-0.37Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Dynavax executive realignment
Dynavax Technologies reshuffled its executive team on October 15, 2025, transitioning David F. Novack from President and COO to Senior Vice President and COO effective January 1, 2026, amid an internal realignment of management roles. The company also removed Robert Janssen, M.D., as Chief Medical Officer and Senior VP of Clinical Development, Medical and Regulatory Affairs, effective upon hiring a successor or March 2, 2026, with his employment ending that date. Dynavax has launched a search for a new Chief Medical Officer. Leadership shifts like this reshape oversight.
8-K
Positive Z-1018 shingles trial results
Dynavax announced positive topline results from Part 1 of its Phase 1/2 trial for Z-1018, its novel shingles vaccine, on August 21, 2025, showing comparable immunogenicity to Shingrix in adults aged 50-69 while boasting a superior tolerability profile with just 12.5% grade 2/3 local reactions versus Shingrix's 52.6%. The company selected a 100 mcg gE dose with CpG 1018 and alum on an 8-week schedule for advancement. Part 2 in adults 70+ kicks off in 2H 2025. Z-1018 targets the $4.2B market but faces clinical trial risks.
10-Q
Q2 FY2025 results
Dynavax posted solid Q2 momentum with total revenues of $95.4M, up 29% y/y from $73.8M, driven by HEPLISAV-B product sales surging 31% y/y to $91.9M on higher volumes and net pricing, while other revenue ticked down 1% y/y to $3.6M. Gross margin held steady at 85.2%, but operating income climbed to $14.4M from $5.2M y/y, reflecting controlled cost growth amid R&D investments in shingles and plague programs. Diluted EPS improved to $0.14 from $0.08 y/y, reconciling to 138.4M weighted shares with no anti-dilution flagged. Cash and equivalents stood at $99.1M with $514.6M in marketable securities, supporting $260.8M in convertible notes (2.00%-2.50% rates, maturities 2026-2030) after a March refinancing that incurred an $82.1M extinguishment loss, dragging YTD net to a $77.4M loss versus $2.7M profit last year. Free cash flow wasn't disclosed in the 10-Q. Yet competition from entrenched hepatitis B vaccines persists.
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