OVID (OVID) financial statements
OVID reported revenue of $7M in fiscal 2025, down 10.5% a year over 5 years.
Net income was -$17M.
Free cash flow was -$38M.
The diluted share count rose 617% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OVID's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $13M | $208M | $2M | $392,000 | $566,000 | $7M |
| Research and development | $10M | $50M | $34M | $42M | $63M | $47M | $25M | $29M | $37M | $26M |
| Selling, general and admin | $13M | $15M | $19M | $19M | $31M | $37M | $32M | $31M | $26M | $24M |
| Operating income | -$23M | -$65M | -$53M | -$61M | -$81M | $124M | -$56M | -$59M | -$62M | -$42M |
| Pre-tax income | — | — | — | — | -$81M | $124M | -$54M | -$52M | -$26M | -$17M |
| Income tax | — | $0 | $0 | $0 | $0 | $1M | $0 | $0 | $0 | $0 |
| Net income | -$22M | -$65M | -$52M | -$60M | -$81M | $123M | -$54M | -$52M | -$26M | -$17M |
| EPS (diluted) | -$2.28 | -$3.35 | -$2.11 | — | -$1.39 | $1.76 | -$0.77 | -$0.74 | — | — |
| Diluted shares | 10M | 19M | 25M | — | 58M | 68M | 70M | 71M | — | — |
| Operating margin | — | — | — | — | -645.4% | 59.6% | -3696.4% | -15122.7% | -10933.7% | -585.2% |
| Net margin | — | — | — | — | -642.3% | 58.9% | -3604.7% | -13351.8% | -4670.1% | -240.1% |
Balance sheet
Fiscal years, from OVID's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $52M | $87M | $42M | $77M | $72M | $188M | $129M | $106M | $53M | $90M |
| Total current assets | $52M | $89M | $44M | $80M | $75M | $190M | $131M | $110M | $56M | $74M |
| Property, plant and equipment | $43,591 | $51,775 | $69,867 | $68,363 | $135,620 | $242,757 | $1M | $769,000 | $433,000 | $252,000 |
| Total assets | $53M | $89M | $48M | $81M | $76M | $195M | $155M | $144M | $92M | $151M |
| Total current liabilities | $4M | $6M | $9M | $11M | $22M | $15M | $7M | $11M | $11M | $8M |
| Total liabilities | $4M | $6M | $9M | $11M | $32M | $15M | $23M | $56M | $24M | $20M |
| Shareholders' equity | $49M | $83M | $39M | $70M | $44M | $180M | $132M | $88M | $68M | $131M |
| Net debt | -$52M | -$87M | -$36M | -$42M | -$72M | -$188M | -$45M | -$27M | -$26M | -$13M |
Cash flow
Fiscal years, from OVID's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$18M | -$31M | -$46M | -$51M | -$52M | $119M | -$55M | -$46M | -$56M | -$38M |
| Capital spending | $30,364 | $38,907 | $352,019 | $244,045 | $390,680 | $189,408 | $1M | $137,000 | $161,000 | $0 |
| Free cash flow | -$18M | -$32M | -$46M | -$51M | -$52M | $118M | -$57M | -$46M | -$56M | -$38M |
| Stock-based compensation | $4M | $6M | $7M | $5M | $8M | $5M | $7M | $7M | $6M | $5M |
| Free cash flow margin | — | — | — | — | -411.9% | 56.8% | -3769.5% | -11713.8% | -9914.7% | -528.6% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for OVID.
Open OVID in InvestinglyQuestions
What was OVID's revenue in 2025?
$7M in fiscal 2025, from its 10-K filing.
How much free cash flow does OVID generate?
-$38M in fiscal 2025 (operating cash flow minus capital spending).
From OVID's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.