Aptevo Therapeutics Inc.
APVO Nasdaq Pharmaceutical Preparations Financials FY2016โFY2025
Last close ยท Oct 23, 2026
$1.61
0.0%What Aptevo Therapeutics Inc. does
No business description yet.
- Legal name
- Aptevo Therapeutics Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K ยท Mar 26, 2026
- Accession ยท CIK
- 0001193125-26-126278
0001671584
Revenue and margins
Aptevo Therapeutics Inc. had โ of revenue in fiscal 2025.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Aptevo Therapeutics Inc. returned โ to shareholders in fiscal 2025. The diluted share count rose 39,337.5%.
Balance sheet
Cash, debt and the ratios that show how comfortably Aptevo Therapeutics Inc. can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $45.0M | $22.6M | $16.9M | $8.7M | $21.6M |
| Debt incl. finance leases | $16.0M | $4.0M | $0.0M | โ | โ |
| Debt / equity | 13.2x | 0.2x | 0.0x | โ | โ |
| Current ratio | 1.5x | 3.2x | 2.6x | 1.7x | 3.8x |
| Quick ratio | 1.5x | 3.2x | 2.6x | 1.7x | 3.8x |
| Total assets | $56.6M | $34.2M | $24.8M | $15.6M | $27.2M |
| Total liabilities | $55.4M | $16.2M | $12.6M | $10.8M | $9.8M |
| Shareholders' equity | $1.2M | $18.0M | $12.2M | $4.8M | $17.4M |
| Net debt (โ = net cash) | โ$29.0M | โ$18.6M | โ$16.9M | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 6 / 9 | 2 / 9 | 3 / 9 | 2 / 8 | 3 / 8 | 4 / 8 | 3 / 7 | โ / 6 | โ / 6 |
| Accruals ratio | โ82.2% | 46.5% | โ2.5% | 3.2% | 21.6% | โ12.3% | 64.0% | โ19.2% | โ1.7% | โ1.8% |
| Altman Z'' | โ8.03 | 1.60 | โ7.42 | โ16.11 | โ10.27 | โ12.78 | โ20.50 | โ32.99 | โ60.04 | โ33.51 |
10 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $10.0M | $14.7M | $23.1M | $32.4M | $4.3M | $12.3M | $3.1M | โ | โ | โ |
| Gross profit | โ$2.5M | $9.6M | $11.9M | $12.5M | โ | โ | โ | โ | โ | โ |
| Research and development | $29.1M | $29.0M | $35.4M | $24.8M | $17.9M | $19.0M | $17.9M | $17.1M | $14.4M | $14.5M |
| Operating income | โ$139M | โ$53.9M | โ$51.7M | โ$41.0M | โ$27.5M | โ$21.4M | โ$28.6M | โ$28.9M | โ$24.6M | โ$26.3M |
| Pretax income | โ$140M | โ$55.9M | โ$53.7M | โ$43.1M | โ$30.9M | โ$29.4M | $7.0M | โ$18.7M | โ$24.1M | โ$26.0M |
| Income tax | โ$19.7M | โ$23.3M | โ | โ | โ | โ | โ | โ | โ | $0.0M |
| Net income | โ$112M | $7.0M | โ$53.7M | โ$40.4M | โ$17.8M | โ$28.5M | $8.0M | โ$17.4M | โ$24.1M | โ$26.0M |
| Net income to common | โ | โ | โ | โ | โ | โ | โ | โ | โ$24.1M | โ$27.5M |
| Diluted EPS | โ$5.55 | $0.33 | โ$2.39 | โ$13.86 | โ$5.23 | โ$6.07 | $1.57 | โ$2,316.83 | โ$31,460.23 | โ$87.27 |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.00B | 0.00B | 0.00B | 0.01B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | โ$36.9M | โ$41.6M | โ$51.4M | โ$42.4M | โ$29.3M | โ$21.7M | โ$21.0M | โ$11.7M | โ$23.8M | โ$25.6M |
| Capital expenditure | $2.5M | $1.4M | $1.0M | $0.2M | $0.1M | $0.7M | $0.0M | โ | โ | โ |
| Free cash flow | โ$39.4M | โ$43.0M | โ$52.4M | โ$42.5M | โ$29.4M | โ$22.4M | โ$21.1M | โ | โ | โ |
| Depreciation and amortization | $3.4M | $3.1M | $2.4M | $2.2M | $1.4M | $1.1M | $0.9M | $0.6M | $0.4M | $0.2M |
| Stock-based compensation | $3.8M | $4.9M | $2.1M | $1.6M | $1.3M | $1.6M | $1.8M | $2.2M | $1.1M | $0.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $54.5M | $80.8M | $30.6M | $12.4M | $40.0M | $45.0M | $22.6M | $16.9M | $8.7M | $21.6M |
| Total debt | $18.4M | $19.1M | $19.3M | $19.9M | $28.2M | $16.0M | $4.0M | $0.0M | โ | โ |
| Current assets | $71.4M | $95.1M | $48.7M | $30.0M | $47.3M | $52.6M | $27.5M | $19.1M | $10.7M | $23.1M |
| Current liabilities | $19.5M | $18.5M | $17.6M | $38.2M | $14.5M | $34.8M | $8.7M | $7.2M | $6.2M | $6.1M |
| Inventory | $0.5M | $1.0M | $1.8M | $6.1M | โ | โ | โ | โ | โ | โ |
| Property and equipment, net | $5.9M | $5.8M | $5.2M | $3.9M | $2.8M | $2.4M | $1.5M | $0.9M | $0.5M | $0.3M |
| Intangible assets | $6.9M | $6.1M | $5.3M | $4.4M | โ | โ | โ | โ | โ | โ |
| Total assets | $91.9M | $117M | $67.5M | $53.4M | $53.5M | $56.6M | $34.2M | $24.8M | $15.6M | $27.2M |
| Total liabilities | $41.3M | $35.0M | $37.1M | $41.6M | $37.0M | $55.4M | $16.2M | $12.6M | $10.8M | $9.8M |
| Shareholders' equity | $50.6M | $82.0M | $30.4M | $11.8M | $16.6M | $1.2M | $18.0M | $12.2M | $4.8M | $17.4M |
| Margins | ||||||||||
| Gross margin | โ24.9% | 65.8% | 51.4% | 38.5% | โ | โ | โ | โ | โ | โ |
| Operating margin | โ1,389.8% | โ368.1% | โ224.0% | โ126.3% | โ638.1% | โ174.1% | โ919.7% | โ | โ | โ |
| EBITDA margin | โ1,356.1% | โ346.7% | โ213.6% | โ119.4% | โ605.4% | โ164.8% | โ890.8% | โ | โ | โ |
| Net margin | โ1,125.8% | 47.6% | โ232.8% | โ124.7% | โ411.9% | โ231.5% | 257.8% | โ | โ | โ |
| FCF margin | โ394.3% | โ293.2% | โ227.2% | โ131.2% | โ682.4% | โ182.2% | โ676.0% | โ | โ | โ |
| Returns | ||||||||||
| Return on capital | โ760.1% | โ209.8% | โ214.3% | โ168.0% | โ449.2% | โ | โ | โ | โ | โ |
| Return on capital employed | โ191.9% | โ54.8% | โ103.6% | โ270.0% | โ70.5% | โ98.0% | โ112.3% | โ163.9% | โ262.2% | โ124.4% |
| Return on equity | โ222.3% | 10.5% | โ95.5% | โ191.5% | โ124.8% | โ319.6% | 83.7% | โ115.3% | โ284.3% | โ234.6% |
| Return on assets | โ122.4% | 6.7% | โ58.2% | โ66.9% | โ33.2% | โ51.7% | 17.7% | โ59.0% | โ119.4% | โ121.4% |
| Return on tangible equity | โ257.5% | 9.2% | โ213.4% | โ545.0% | โ107.0% | โ2,340.2% | 44.7% | โ142.5% | โ507.5% | โ158.4% |
| Growth | ||||||||||
| Revenue growth | โ | 46.8% | 57.4% | 40.6% | โ86.7% | 185.3% | โ74.7% | โ | โ | โ |
| Net income growth | โ | โ | โ870.0% | โ | โ | โ | โ | โ316.9% | โ | โ |
| EPS growth | โ | โ | โ824.2% | โ | โ | โ | โ | โ147,668.8% | โ | โ |
| Share count change | โ | 5.4% | 5.5% | โ87.0% | 16.2% | 38.3% | 8.9% | โ99.9% | โ89.3% | 39,337.5% |
| Financial health | ||||||||||
| Debt / equity | 0.4x | 0.2x | 0.6x | 1.7x | 1.7x | 13.2x | 0.2x | 0.0x | โ | โ |
| Current ratio | 3.7x | 5.1x | 2.8x | 0.8x | 3.3x | 1.5x | 3.2x | 2.6x | 1.7x | 3.8x |
| Quick ratio | 3.6x | 5.1x | 2.7x | 0.6x | 3.3x | 1.5x | 3.2x | 2.6x | 1.7x | 3.8x |
| Capital allocation | ||||||||||
| Capex / revenue | 25.2% | 9.6% | 4.2% | 0.5% | 2.0% | 5.8% | 0.9% | โ | โ | โ |
| Stock comp / revenue | 38.1% | 33.3% | 9.3% | 4.9% | 29.1% | 13.4% | 57.9% | โ | โ | โ |
| Quality scores | ||||||||||
| Piotroski F-score | โ | 6.0 | 2.0 | 3.0 | 2.0 | 3.0 | 4.0 | 3.0 | โ | โ |
| Altman Z'' | โ8.0 | 1.6 | โ7.4 | โ16.1 | โ10.3 | โ12.8 | โ20.5 | โ33.0 | โ60.0 | โ33.5 |
| Accruals ratio | โ82.2% | 46.5% | โ2.5% | 3.2% | 21.6% | โ12.3% | 64.0% | โ19.2% | โ1.7% | โ1.8% |
Source: SEC EDGAR XBRL filings (CIK 0001671584). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.
