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PVLA US​
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  • Home
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PVLA US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Palvella Therapeutics, Inc.(PVLA US)

$162.28+9.356.11%Ext:$174.67+12.397.63%(Pre-Market · 13:03:21 UTC)
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Overview

ProfileEntity Structure

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Palvella Therapeutics, Inc.(PVLA US)

$162.28+9.356.11%Ext:$174.67+12.397.63%(Pre-Market · 13:03:21 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Palvella Therapeutics, Inc. — Company Profile

Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative treatments for patients afflicted with severe and uncommon inherited skin conditions. Central to its pipeline is QTORIN 3.9% rapamycin anhydrous gel (referred to as QTORIN rapamycin), which is currently undergoing Phase 3 clinical trials for microcystic lymphatic malformations. Additionally, this drug is in Phase 2 evaluation for treating cutaneous venous malformations. Beyond these specific indications, Palvella is also advancing QTORIN rapamycin for the treatment of other dermatological diseases driven by the mTOR pathway. The company's headquarters are situated in Wayne, Pennsylvania.

Sector
Health Care
Industry
Pharmaceuticals
Exchange
UQ
CEO
Wesley H. Kaupinen
Headquarters
Wayne, PA, US
IPO Date
Jan 2, 2015
Employees
29
Website
palvellatx.com

Key Metrics

Price
$132.47
Market Cap
$1.90B
Revenue (TTM)
$0.00
Net Income (TTM)
$-15767000.00
EPS (TTM)
-1.20
P/E (TTM)
-38.54
P/B (TTM)
8.18
Dividend Yield
0.00%
ROE (TTM)
-6.79%
ROA (TTM)
-5.98%
Operating Margin
0.00%
Beta
1.13

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative treatments for patients afflicted with severe and uncommon inherited skin conditions. Central to its pipeline is QTORIN 3.9% rapamycin anhydrous gel (referred to as QTORIN rapamycin), which is currently undergoing Phase 3 clinical trials for microcystic lymphatic malformations. Additionally, this drug is in Phase 2 evaluation for treating cutaneous venous malformations. Beyond these specific indications, Palvella is also advancing QTORIN rapamycin for the treatment of other dermatological diseases driven by the mTOR pathway. The company's headquarters are situated in Wayne, Pennsylvania.

Website
palvellatx.com
Location
Wayne, PA, US
Phone484 253 1461
Employees29
CEOWesley H. Kaupinen
Sector
Health Care
Industry
Pharmaceuticals
IPO DateJan 2, 2015

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(798)

Expand
  • 10-QQ3ended 30 Sept 202608:00AM
  • 8-KResults of Operations and Financial Condition07:30AM
  • SC 13G/APALVELLA THERAPEUTICS, INC.28 Oct
  • 8-KEX-PRESS RELEASE ISSUED BY PALVELLA THERAPEUTICS, INC. ON OCTOBER 28, 202628 Oct
  • 4Goin Kathleen23 Oct
  • 144Goin Kathleen21 Oct
  • 4JENKINS GEORGE M14 Oct
  • 144JENKINS GEORGE M13 Oct
  • 4Goin Kathleen18 Sep
  • 144Goin Kathleen16 Sep
  • 4JENKINS GEORGE M15 Sep
  • 144JENKINS GEORGE M11 Sep
  • 4KIRITSY CHRISTOPHER P4 Sep
  • 144KIRITSY CHRISTOPHER P2 Sep
  • 4Goin Kathleen20 Aug
  • 144Goin Kathleen19 Aug
  • SC 13G/APALVELLA THERAPEUTICS, INC.14 Aug
  • SC 13G/APALVELLA THERAPEUTICS, INC.14 Aug
  • SC 13GPALVELLA THERAPEUTICS, INC.10 Aug
  • S-8Registration statement (employee benefit plan)4 Aug

News

  • Palvella Therapeutics Reports Third Quarter 2026 Financial Results and Provides Corporate Update07:30AM
  • Palvella Therapeutics to Participate in the Stifel 2026 Healthcare Conference3 Nov
  • Palvella Therapeutics to Host Third Quarter 2026 Financial Results and Corporate Update Conference Call on November 5, 202629 Oct
  • Palvella Announces FDA Acceptance and Priority Review of QTORIN™ Rapamycin NDA; February 28, 2027 PDUFA Target Action Date Set28 Oct
  • Palvella Therapeutics Eyes QTORIN Launch as Rare-Disease Pipeline Expands25 Oct
  • Palvella Therapeutics to Present Phase 3 SELVA and Phase 2 TOIVA Results, Along With New Pediatric Analyses, at 2026 PeDRA Annual Conference15 Oct
  • Palvella Therapeutics to Participate in the Chardan 10th Annual Healthcare Conference13 Oct
  • Palvella Therapeutics: FDA Handholding Makes The Regulatory Story Stronger29 Sep
  • U.S. Food and Drug Administration Awards Additional Funding for QTORIN™ Rapamycin for the Treatment of Microcystic Lymphatic Malformations28 Sep
  • Palvella Therapeutics Appoints James R. Treat, M.D.9 Sep
  • Palvella Therapeutics to Participate in Upcoming Healthcare Investor Conferences2 Sep
  • Palvella Therapeutics Completes Rolling Submission of New Drug Application to FDA for QTORIN™ Rapamycin for the Treatment of Microcystic Lymphatic Malformations31 Aug
  • Bank of America Corp DE Has $4.73 Million Holdings in Palvella Therapeutics, Inc. $PVLA29 Aug
  • Palvella Therapeutics: First Approval Could Unlock A Rare-Disease Commercial Flywheel18 Aug
  • Palvella Therapeutics Eyes 2027 QTORIN Approval as Rare-Disease Pipeline Expands16 Aug
  • Palvella Therapeutics Q2 Earnings Call Highlights6 Aug
  • Palvella Therapeutics to Participate in the Canaccord Genuity 46th Annual Growth Conference5 Aug

Mentions in Filings

  • … cts and programs, including Lasofoxifene, a LeonaBio product, AVIM Therapy and Virtue SAB, Orchestra products, Filspari, a Travere Therapeutics product, Ohtuvayre and Capvaxive, Merck products, Qtorin rapamycin, a <strong>Palvella Therapeutics</strong> product candidate, Vabysmo, a Roche product, Ojemda, a Servier and Ipsen product, Miplyffa, a Zevra Therapeutics product, mezagitamab, osavampator and OHB-607, Takeda product candidates, volixibat, a Mirum Pharmace …
    LIGAND PHARMACEUTICALS INCPalvella Therapeutics, Inc.·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·29 Oct
  • … ial public listings, including reverse mergers. In addition to the companies described above, this list includes Slate Medicines (under agreement to reverse merge onto Nasdaq), Kailera Therapeutics (Nasdaq: KLRA), <strong>Palvella Therapeutics</strong> (Nasdaq: PVLA), Tarsus Pharmaceuticals (Nasdaq: TARS), Mirum Pharmaceuticals (Nasdaq: MIRM), Vaxcyte (Nasdaq: PCVX), and Imago BioSciences (Nasdaq: IMGO; acquired by Merck for $1.35 billion). Other notable public …
    Frazier Life Sciences Acquisition Corp. IIPalvella Therapeutics, Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q4 26·14 Oct
  • … Aerovate Therapeutics (Nasdaq: AVTE) | $ | 8 | | 4/15/2025 | Tvardi Therapeutics | Cara Therapeutics (Nasdaq: CARA) | $ | 20 | | 3/18/2025 | Kalaris Therapeutics | AlloVir (Nasdaq: ALVR) | $ | 21 | | 12/13/2024 | <strong>Palvella Therapeutics</strong> | Pieris Pharmaceuticals (Nasdaq: PIRS) | $ | 10 | | 10/22/2024 | Opus Genetics | Ocuphire Pharma (Nasdaq: OCUP) | | NA | | 10/17/2024 | TuHURA Biosciences | Kintara Therapeutics (Nasdaq: KTRA) | $ | 11 | | 10/9/20 …
    Boundless Bio, Inc.Palvella Therapeutics, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·3 Nov
  • … Aerovate Therapeutics (Nasdaq: AVTE) | $ | 8 | | 4/15/2025 | Tvardi Therapeutics | Cara Therapeutics (Nasdaq: CARA) | $ | 20 | | 3/18/2025 | Kalaris Therapeutics | AlloVir (Nasdaq: ALVR) | $ | 21 | | 12/13/2024 | <strong>Palvella Therapeutics</strong> | Pieris Pharmaceuticals (Nasdaq: PIRS) | $ | 10 | | 10/22/2024 | Opus Genetics | Ocuphire Pharma (Nasdaq: OCUP) | | NA | | 10/17/2024 | TuHURA Biosciences | Kintara Therapeutics (Nasdaq: KTRA) | $ | 11 | | 10/9/20 …
    Boundless Bio, Inc.Palvella Therapeutics, Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·30 Oct
  • … Inc. | | AlloVir, Inc. | ​ | Kalaris Therapeutics, Inc. | | Aerovate Therapeutics, Inc. | ​ | Jade Biosciences, Inc. | | GlycoMimetics, Inc. | ​ | Crescent Biopharma, Inc. | | Pieris Pharmaceuticals, Inc. | ​ | <strong>Palvella Therapeutics, Inc.</strong> | | ReShape Lifesciences Inc. | ​ | Vyome Therapeutics, Inc. | | Reneo Pharmaceuticals, Inc. | ​ | OnKure, Inc. | | Eliem Therapeutics, Inc. | ​ | Tenet Medicines, Inc. | | ARCA biopharma, Inc. | ​ | Oruka Thera …
    NextCure, Inc.Palvella Therapeutics, Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·30 Oct
  • … c. | | LAVA | Lava Therapeutics New Topco B.V. | | Ligand | Ligand Pharmaceuticals Incorporated, including subsidiaries | | Metabasis | Metabasis Therapeutics, Inc. | | NDA | New Drug Application | | Palvella | <strong>Palvella Therapeutics, Inc.</strong> | | Q3 2025 | The Company’s fiscal quarter ended September 30, 2025 | | Q3 2026 | The Company’s fiscal quarter ended September 30, 2026 | | SBC | Share-based compensation expense | | SEC | Securities and Exchang …
    LIGAND PHARMACEUTICALS INCPalvella Therapeutics, Inc.·10-Q - Quarterly report Q3·Q3 26·30 Oct

Key Stats

Trading

Px/Chg 1D$132.47 / -0.20%
Avg Volume296.23K
Beta1.13
Mkt Cap1.90B
FD Mkt Cap2.09B

Float

Shrs Out/Float14.34M / 9.62M
Short Float0.32%
Days to Cover6.31
Stock Repurchased$0.00

Current Valuation

EV1.69B
EV/EBITDA-46.34
EV/Sales0.00
P/B8.18
P/S0.00
FCF Yield-0.57%
ROE-6.79%
ROA-5.98%
Current Ratio28.88

Estimates

P/E-38.54
Est P/E0.00
Est EPS-0.90
Est PEG0.00

Valuation

Metric5Yr AvgMay '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-79.49-2.77-115.19-120.50
Price / Sales0.000.000.000.00
Price / Book Value20.430.7752.348.18
Price / Free Cash Flow-158.89-4.46-297.32-174.89
ENTERPRISE VALUE METRICS
Enterprise Value1,022.0-35.31,407.21,694.2
Enterprise Value / Sales0.000.000.000.00
Enterprise Value / EBITDA-73.562.69-128.22-95.15
Enterprise Value / EBIT-73.562.69-128.22-95.15

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue—31.425.9---
Gross Income—29.123.1---
EBITDA-4.6%-43.4-30.518.7-13.1-35.9
EBIT-5.9%-45.7-33.318.7-13.1-35.9
Net Income-2.3%-45.7-33.318.7-17.4-41.7
EPS (Diluted)-49.4%-56.69-29.6114.74-7.83-3.71
BALANCE SHEET
Cash & ST Inv-16.2%117.816.17.483.658.0
Total Assets-21.1%153.616.57.588.259.6
Total Liabilities-25.6%102.839.711.425.631.6
Total Shareholder Equity-13.8%50.8-23.2-3.962.628.0
CASH FLOW
Net Operating Cash Flow34.4%-7.7-14.8-13.7-10.8-25.0
Cap Ex—-0.9----
Free Cash Flow30.5%-8.6-14.8-13.7-10.8-25.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)125.10
Basic Shares14.34
Market Cap1,794.3
Diluted Shares13.09
Fully Diluted Shares Outstanding13.09
Fully Diluted Market Cap1,637.0
+Consolidated Debt0.6
−In-the-Money Convertible Debt—
+Capital Leases0.2
+Operating Leases—
−Cash & Equivalents-206.4
−Short-term Investments-55.5
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value1,588.5

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Palvella Therapeutics, Inc. — Company Profile

Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative treatments for patients afflicted with severe and uncommon inherited skin conditions. Central to its pipeline is QTORIN 3.9% rapamycin anhydrous gel (referred to as QTORIN rapamycin), which is currently undergoing Phase 3 clinical trials for microcystic lymphatic malformations. Additionally, this drug is in Phase 2 evaluation for treating cutaneous venous malformations. Beyond these specific indications, Palvella is also advancing QTORIN rapamycin for the treatment of other dermatological diseases driven by the mTOR pathway. The company's headquarters are situated in Wayne, Pennsylvania.

Sector
Health Care
Industry
Pharmaceuticals
Exchange
UQ
CEO
Wesley H. Kaupinen
Headquarters
Wayne, PA, US
IPO Date
Jan 2, 2015
Employees
29
Website
palvellatx.com

Key Metrics

Price
$132.47
Market Cap
$1.90B
Revenue (TTM)
$0.00
Net Income (TTM)
$-15767000.00
EPS (TTM)
-1.20
P/E (TTM)
-38.54
P/B (TTM)
8.18
Dividend Yield
0.00%
ROE (TTM)
-6.79%
ROA (TTM)
-5.98%
Operating Margin
0.00%
Beta
1.13

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative treatments for patients afflicted with severe and uncommon inherited skin conditions. Central to its pipeline is QTORIN 3.9% rapamycin anhydrous gel (referred to as QTORIN rapamycin), which is currently undergoing Phase 3 clinical trials for microcystic lymphatic malformations. Additionally, this drug is in Phase 2 evaluation for treating cutaneous venous malformations. Beyond these specific indications, Palvella is also advancing QTORIN rapamycin for the treatment of other dermatological diseases driven by the mTOR pathway. The company's headquarters are situated in Wayne, Pennsylvania.

Website
palvellatx.com
Location
Wayne, PA, US
Phone484 253 1461
Employees29
CEOWesley H. Kaupinen
Sector
Health Care
Industry
Pharmaceuticals
IPO DateJan 2, 2015

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(798)

Expand
  • 10-QQ3ended 30 Sept 202608:00AM
  • 8-KResults of Operations and Financial Condition07:30AM
  • SC 13G/APALVELLA THERAPEUTICS, INC.28 Oct
  • 8-KEX-PRESS RELEASE ISSUED BY PALVELLA THERAPEUTICS, INC. ON OCTOBER 28, 202628 Oct
  • 4Goin Kathleen23 Oct
  • 144Goin Kathleen21 Oct
  • 4JENKINS GEORGE M14 Oct
  • 144JENKINS GEORGE M13 Oct
  • 4Goin Kathleen18 Sep
  • 144Goin Kathleen16 Sep
  • 4JENKINS GEORGE M15 Sep
  • 144JENKINS GEORGE M11 Sep
  • 4KIRITSY CHRISTOPHER P4 Sep
  • 144KIRITSY CHRISTOPHER P2 Sep
  • 4Goin Kathleen20 Aug
  • 144Goin Kathleen19 Aug
  • SC 13G/APALVELLA THERAPEUTICS, INC.14 Aug
  • SC 13G/APALVELLA THERAPEUTICS, INC.14 Aug
  • SC 13GPALVELLA THERAPEUTICS, INC.10 Aug
  • S-8Registration statement (employee benefit plan)4 Aug

News

  • Palvella Therapeutics Reports Third Quarter 2026 Financial Results and Provides Corporate Update07:30AM
  • Palvella Therapeutics to Participate in the Stifel 2026 Healthcare Conference3 Nov
  • Palvella Therapeutics to Host Third Quarter 2026 Financial Results and Corporate Update Conference Call on November 5, 202629 Oct
  • Palvella Announces FDA Acceptance and Priority Review of QTORIN™ Rapamycin NDA; February 28, 2027 PDUFA Target Action Date Set28 Oct
  • Palvella Therapeutics Eyes QTORIN Launch as Rare-Disease Pipeline Expands25 Oct
  • Palvella Therapeutics to Present Phase 3 SELVA and Phase 2 TOIVA Results, Along With New Pediatric Analyses, at 2026 PeDRA Annual Conference15 Oct
  • Palvella Therapeutics to Participate in the Chardan 10th Annual Healthcare Conference13 Oct
  • Palvella Therapeutics: FDA Handholding Makes The Regulatory Story Stronger29 Sep
  • U.S. Food and Drug Administration Awards Additional Funding for QTORIN™ Rapamycin for the Treatment of Microcystic Lymphatic Malformations28 Sep
  • Palvella Therapeutics Appoints James R. Treat, M.D.9 Sep
  • Palvella Therapeutics to Participate in Upcoming Healthcare Investor Conferences2 Sep
  • Palvella Therapeutics Completes Rolling Submission of New Drug Application to FDA for QTORIN™ Rapamycin for the Treatment of Microcystic Lymphatic Malformations31 Aug
  • Bank of America Corp DE Has $4.73 Million Holdings in Palvella Therapeutics, Inc. $PVLA29 Aug
  • Palvella Therapeutics: First Approval Could Unlock A Rare-Disease Commercial Flywheel18 Aug
  • Palvella Therapeutics Eyes 2027 QTORIN Approval as Rare-Disease Pipeline Expands16 Aug
  • Palvella Therapeutics Q2 Earnings Call Highlights6 Aug
  • Palvella Therapeutics to Participate in the Canaccord Genuity 46th Annual Growth Conference5 Aug

Mentions in Filings

  • … cts and programs, including Lasofoxifene, a LeonaBio product, AVIM Therapy and Virtue SAB, Orchestra products, Filspari, a Travere Therapeutics product, Ohtuvayre and Capvaxive, Merck products, Qtorin rapamycin, a <strong>Palvella Therapeutics</strong> product candidate, Vabysmo, a Roche product, Ojemda, a Servier and Ipsen product, Miplyffa, a Zevra Therapeutics product, mezagitamab, osavampator and OHB-607, Takeda product candidates, volixibat, a Mirum Pharmace …
    LIGAND PHARMACEUTICALS INCPalvella Therapeutics, Inc.·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·29 Oct
  • … ial public listings, including reverse mergers. In addition to the companies described above, this list includes Slate Medicines (under agreement to reverse merge onto Nasdaq), Kailera Therapeutics (Nasdaq: KLRA), <strong>Palvella Therapeutics</strong> (Nasdaq: PVLA), Tarsus Pharmaceuticals (Nasdaq: TARS), Mirum Pharmaceuticals (Nasdaq: MIRM), Vaxcyte (Nasdaq: PCVX), and Imago BioSciences (Nasdaq: IMGO; acquired by Merck for $1.35 billion). Other notable public …
    Frazier Life Sciences Acquisition Corp. IIPalvella Therapeutics, Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q4 26·14 Oct
  • … Aerovate Therapeutics (Nasdaq: AVTE) | $ | 8 | | 4/15/2025 | Tvardi Therapeutics | Cara Therapeutics (Nasdaq: CARA) | $ | 20 | | 3/18/2025 | Kalaris Therapeutics | AlloVir (Nasdaq: ALVR) | $ | 21 | | 12/13/2024 | <strong>Palvella Therapeutics</strong> | Pieris Pharmaceuticals (Nasdaq: PIRS) | $ | 10 | | 10/22/2024 | Opus Genetics | Ocuphire Pharma (Nasdaq: OCUP) | | NA | | 10/17/2024 | TuHURA Biosciences | Kintara Therapeutics (Nasdaq: KTRA) | $ | 11 | | 10/9/20 …
    Boundless Bio, Inc.Palvella Therapeutics, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·3 Nov
  • … Aerovate Therapeutics (Nasdaq: AVTE) | $ | 8 | | 4/15/2025 | Tvardi Therapeutics | Cara Therapeutics (Nasdaq: CARA) | $ | 20 | | 3/18/2025 | Kalaris Therapeutics | AlloVir (Nasdaq: ALVR) | $ | 21 | | 12/13/2024 | <strong>Palvella Therapeutics</strong> | Pieris Pharmaceuticals (Nasdaq: PIRS) | $ | 10 | | 10/22/2024 | Opus Genetics | Ocuphire Pharma (Nasdaq: OCUP) | | NA | | 10/17/2024 | TuHURA Biosciences | Kintara Therapeutics (Nasdaq: KTRA) | $ | 11 | | 10/9/20 …
    Boundless Bio, Inc.Palvella Therapeutics, Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·30 Oct
  • … Inc. | | AlloVir, Inc. | ​ | Kalaris Therapeutics, Inc. | | Aerovate Therapeutics, Inc. | ​ | Jade Biosciences, Inc. | | GlycoMimetics, Inc. | ​ | Crescent Biopharma, Inc. | | Pieris Pharmaceuticals, Inc. | ​ | <strong>Palvella Therapeutics, Inc.</strong> | | ReShape Lifesciences Inc. | ​ | Vyome Therapeutics, Inc. | | Reneo Pharmaceuticals, Inc. | ​ | OnKure, Inc. | | Eliem Therapeutics, Inc. | ​ | Tenet Medicines, Inc. | | ARCA biopharma, Inc. | ​ | Oruka Thera …
    NextCure, Inc.Palvella Therapeutics, Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·30 Oct
  • … c. | | LAVA | Lava Therapeutics New Topco B.V. | | Ligand | Ligand Pharmaceuticals Incorporated, including subsidiaries | | Metabasis | Metabasis Therapeutics, Inc. | | NDA | New Drug Application | | Palvella | <strong>Palvella Therapeutics, Inc.</strong> | | Q3 2025 | The Company’s fiscal quarter ended September 30, 2025 | | Q3 2026 | The Company’s fiscal quarter ended September 30, 2026 | | SBC | Share-based compensation expense | | SEC | Securities and Exchang …
    LIGAND PHARMACEUTICALS INCPalvella Therapeutics, Inc.·10-Q - Quarterly report Q3·Q3 26·30 Oct

Key Stats

Trading

Px/Chg 1D$132.47 / -0.20%
Avg Volume296.23K
Beta1.13
Mkt Cap1.90B
FD Mkt Cap2.09B

Float

Shrs Out/Float14.34M / 9.62M
Short Float0.32%
Days to Cover6.31
Stock Repurchased$0.00

Current Valuation

EV1.69B
EV/EBITDA-46.34
EV/Sales0.00
P/B8.18
P/S0.00
FCF Yield-0.57%
ROE-6.79%
ROA-5.98%
Current Ratio28.88

Estimates

P/E-38.54
Est P/E0.00
Est EPS-0.90
Est PEG0.00

Valuation

Metric5Yr AvgMay '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-79.49-2.77-115.19-120.50
Price / Sales0.000.000.000.00
Price / Book Value20.430.7752.348.18
Price / Free Cash Flow-158.89-4.46-297.32-174.89
ENTERPRISE VALUE METRICS
Enterprise Value1,022.0-35.31,407.21,694.2
Enterprise Value / Sales0.000.000.000.00
Enterprise Value / EBITDA-73.562.69-128.22-95.15
Enterprise Value / EBIT-73.562.69-128.22-95.15

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue—31.425.9---
Gross Income—29.123.1---
EBITDA-4.6%-43.4-30.518.7-13.1-35.9
EBIT-5.9%-45.7-33.318.7-13.1-35.9
Net Income-2.3%-45.7-33.318.7-17.4-41.7
EPS (Diluted)-49.4%-56.69-29.6114.74-7.83-3.71
BALANCE SHEET
Cash & ST Inv-16.2%117.816.17.483.658.0
Total Assets-21.1%153.616.57.588.259.6
Total Liabilities-25.6%102.839.711.425.631.6
Total Shareholder Equity-13.8%50.8-23.2-3.962.628.0
CASH FLOW
Net Operating Cash Flow34.4%-7.7-14.8-13.7-10.8-25.0
Cap Ex—-0.9----
Free Cash Flow30.5%-8.6-14.8-13.7-10.8-25.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)125.10
Basic Shares14.34
Market Cap1,794.3
Diluted Shares13.09
Fully Diluted Shares Outstanding13.09
Fully Diluted Market Cap1,637.0
+Consolidated Debt0.6
−In-the-Money Convertible Debt—
+Capital Leases0.2
+Operating Leases—
−Cash & Equivalents-206.4
−Short-term Investments-55.5
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value1,588.5

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