Bavarian Nordic (CO:BAVA) — Stock Price
Bavarian Nordic (CO:BAVA) is currently trading at Dkr176.40 DKK, up 0.00% today. Over the past 52 weeks, shares have ranged between Dkr172.50 and Dkr242.10. This page tracks Bavarian Nordic's live share price on the CO exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see BAVA stock market capitalisation.
Bavarian Nordic (BAVA) Stock Price Chart — Daily History & Trading Volume
The chart below tracks Bavarian Nordic's daily closing share price and trading volume on the CO exchange over the past year, giving a clear view of recent price momentum and liquidity.
Bavarian Nordic Income Statement — Revenue, Profit & Earnings by Year
Bavarian Nordic's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Revenue | Dkr6.17 Billion | Dkr5.72 Billion | Dkr7.06 Billion | Dkr3.15 Billion | Dkr1.90 Billion |
| Cost of Revenue | Dkr3.25 Billion | Dkr2.90 Billion | Dkr2.54 Billion | Dkr1.45 Billion | Dkr1.33 Billion |
| Gross Profit | Dkr2.92 Billion | Dkr2.82 Billion | Dkr4.53 Billion | Dkr1.70 Billion | Dkr570.32 Million |
| Research & Development | Dkr773.95 Million | Dkr862.51 Million | Dkr2.23 Billion | Dkr1.18 Billion | Dkr399.16 Million |
| SG&A | Dkr671.21 Million | Dkr516.14 Million | Dkr540.85 Million | Dkr376.02 Million | Dkr292.92 Million |
| Total Operating Expenses | Dkr2.00 Billion | Dkr1.88 Billion | Dkr3.02 Billion | Dkr1.77 Billion | Dkr883.86 Million |
| Operating Income | Dkr920.78 Million | Dkr939.77 Million | Dkr1.50 Billion | Dkr-3.85 Million | Dkr-263.31 Million |
| EBITDA | Dkr1.64 Billion | Dkr1.67 Billion | Dkr2.05 Billion | Dkr84.28 Million | Dkr35.80 Million |
| EBIT | Dkr920.78 Million | Dkr1.05 Billion | Dkr1.50 Billion | Dkr-314.97 Million | Dkr-351.89 Million |
| Interest Expense | Dkr13.14 Million | Dkr13.81 Million | Dkr105.52 Million | Dkr119.69 Million | Dkr152.06 Million |
| Income Before Tax | Dkr1.80 Billion | Dkr971.36 Million | Dkr1.48 Billion | Dkr-331.61 Million | Dkr-454.43 Million |
| Income Tax Expense | Dkr425.58 Million | Dkr-16.62 Million | Dkr7.75 Million | Dkr15.77 Million | Dkr10.35 Million |
| Net Income | Dkr1.38 Billion | Dkr987.98 Million | Dkr1.48 Billion | Dkr-347.38 Million | Dkr-464.77 Million |
Bavarian Nordic Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes Bavarian Nordic's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | Dkr14.95 Billion | Dkr14.41 Billion | Dkr14.35 Billion | Dkr12.39 Billion | Dkr12.09 Billion |
| Total Current Assets | Dkr6.74 Billion | Dkr5.79 Billion | Dkr5.40 Billion | Dkr4.48 Billion | Dkr4.75 Billion |
| Cash & Equivalents | — | — | — | — | — |
| Short-term Investments | Dkr1.62 Billion | Dkr551.54 Million | Dkr390.25 Million | Dkr2.27 Billion | Dkr3.12 Billion |
| Net Receivables | Dkr855.63 Million | Dkr1.18 Billion | Dkr1.78 Billion | Dkr534.51 Million | Dkr391.98 Million |
| Inventory | Dkr2.51 Billion | Dkr2.33 Billion | Dkr1.64 Billion | Dkr919.07 Million | Dkr480.04 Million |
| Property, Plant & Equipment | — | — | — | Dkr1.75 Billion | Dkr1.49 Billion |
| Goodwill | — | — | — | — | — |
| Total Liabilities | Dkr2.08 Billion | Dkr3.00 Billion | Dkr4.01 Billion | Dkr5.24 Billion | Dkr4.71 Billion |
| Total Current Liabilities | Dkr1.60 Billion | Dkr2.80 Billion | Dkr2.79 Billion | Dkr2.29 Billion | Dkr1.91 Billion |
| Long-term Debt | Dkr10.89 Million | Dkr13.05 Million | Dkr15.13 Million | Dkr583.43 Million | Dkr179.41 Million |
| Net Debt | Dkr-1.58 Billion | Dkr-1.50 Billion | Dkr-1.33 Billion | Dkr1.18 Billion | Dkr540.77 Million |
| Total Stockholder Equity | Dkr12.87 Billion | Dkr11.41 Billion | Dkr10.34 Billion | Dkr7.15 Billion | Dkr7.37 Billion |
| Retained Earnings | Dkr11.82 Billion | Dkr10.43 Billion | Dkr9.33 Billion | Dkr6.30 Billion | Dkr6.59 Billion |
Bavarian Nordic Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how Bavarian Nordic generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | Dkr2.72 Billion | Dkr1.95 Billion | Dkr1.12 Billion | Dkr220.05 Million | Dkr-358.50 Million |
| Capital Expenditures | Dkr205.29 Million | Dkr1.69 Billion | Dkr977.40 Million | Dkr1.38 Billion | Dkr1.06 Billion |
| Free Cash Flow | Dkr2.52 Billion | Dkr262.19 Million | Dkr141.80 Million | Dkr-1.16 Billion | Dkr-1.42 Billion |
| Investing Cash Flow | Dkr-2.48 Billion | Dkr-1.87 Billion | Dkr-945.56 Million | Dkr-877.40 Million | Dkr-2.88 Billion |
| Financing Cash Flow | Dkr-114.36 Million | Dkr55.77 Million | Dkr735.83 Million | Dkr635.82 Million | Dkr3.54 Billion |
| Dividends Paid | — | — | — | — | — |
| Stock-Based Compensation | Dkr84.49 Million | Dkr78.67 Million | Dkr55.48 Million | Dkr49.28 Million | Dkr56.86 Million |
| Depreciation | Dkr714.37 Million | Dkr624.90 Million | Dkr553.82 Million | Dkr399.25 Million | Dkr388.31 Million |
| Change in Cash | Dkr91.01 Million | Dkr146.26 Million | Dkr901.83 Million | Dkr-16.41 Million | Dkr306.33 Million |
Bavarian Nordic Earnings History — EPS Actual vs. Analyst Estimates
Track Bavarian Nordic's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| May 13, 2026 | — | — | — |
| Mar 12, 2026 | -3.82 | -1.44 | -165.10% |
| Nov 14, 2025 | 13.96 | — | — |
| Aug 22, 2025 | 4.66 | — | — |
| May 09, 2025 | 2.81 | — | — |
| Mar 04, 2025 | 9.90 | 7.40 | +33.78% |
| Nov 14, 2024 | 0.90 | 13.65 | -93.41% |
| Aug 22, 2024 | 3.30 | 7.52 | -56.12% |