Bavarian Nordic revenue and financials
kr 220.60Change from previous close: −0.45%Absolute change: −kr 1.00
In the fiscal year ended December 2025, Bavarian Nordic reported revenue of kr 6.24B (+9.23% year over year). Net income was kr 1.38B, a net margin of 22.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.23%
- 2025 vs 2024
- Net income growth
- +39.21%
- 2025 vs 2024
- Net margin
- 22.0%
- 2024: 17.3%
Financial data
Amounts in millions of DKK; per-share values in DKK; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 351 | -752 | 545 | 1,294 | 1,270 |
| Depreciation and amortization | 176 | 172 | 212 | 171 | 171 |
| Capital expenditure | -51.5 | -58.5 | -141 | -47.2 | -803 |
| Investing cash flow | -34.4 | -39.3 | -913 | -490 | -709 |
| Financing cash flow | -233 | -231 | -10.3 | 68.8 | -11.8 |
| Share repurchases | -223 | -224 | 0.0 | 0.0 | 0.0 |
| Debt repaid | -0.5 | -0.5 | -0.5 | -0.5 | -0.5 |
| Effect of exchange rates | 0.1 | 0.3 | -0.1 | -0.3 | -20.5 |
| Net change in cash | 83.7 | -1,022 | -378 | 873 | 550 |
| Free cash flow | 300 | -810 | 404 | 1,247 | 467 |