SVA (SVA) financial statements
SVA reported revenue of $386M in fiscal 2025, up 20.4% a year over 9 years.
Net income was -$60M and the operating margin -127.0%, against 0.7% in 2016.
Free cash flow was -$561M, and the company returned $3.5B in dividends.
The diluted share count rose 26% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SVA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $72M | $174M | $230M | $246M | $511M | $19.4B | $1.5B | $470M | $361M | $386M |
| Cost of revenue | $22M | $20M | $25M | $32M | $67M | $989M | $658M | $147M | $141M | $124M |
| Gross profit | $50M | $154M | $205M | $214M | $443M | $18.4B | $815M | $323M | $221M | $262M |
| Research and development | $13M | $20M | $22M | $24M | $49M | $153M | $479M | $350M | $271M | $216M |
| Selling, general and admin | $42M | $87M | $137M | $121M | $177M | $602M | $836M | $598M | $421M | $333M |
| Operating income | $504,000 | $45M | $45M | $69M | $216M | $17.6B | -$509M | -$714M | -$506M | -$490M |
| Interest expense | $2M | $2M | $1M | $650,000 | $1M | $3M | $1M | $5M | $6M | $10M |
| Pre-tax income | -$394,000 | $45M | $47M | $71M | $217M | $17.6B | -$48M | -$84M | $43M | -$262M |
| Income tax | $3M | $8M | $10M | $6M | $31M | $3.4B | $11M | $36M | $2M | -$63M |
| Net income | -$596,000 | $26M | $22M | $45M | $110M | $8.1B | $14M | -$13M | $91M | -$60M |
| EPS (diluted) | -$0.01 | $0.45 | $0.34 | $0.41 | $0.97 | $113.44 | $0.20 | -$0.19 | $1.27 | -$0.83 |
| Diluted shares | 57M | 57M | 65M | 110M | 114M | 72M | 72M | 72M | 72M | 72M |
| Gross margin | 69.1% | 88.4% | 89.2% | 86.8% | 86.8% | 94.9% | 55.3% | 68.8% | 61.1% | 67.9% |
| Operating margin | 0.7% | 26.0% | 19.7% | 27.9% | 42.2% | 91.0% | -34.5% | -151.9% | -139.9% | -127.0% |
| Net margin | -0.8% | 14.8% | 9.5% | 18.3% | 21.6% | 41.9% | 1.0% | -2.9% | 25.2% | -15.5% |
Balance sheet
Fiscal years, from SVA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $62M | $114M | $177M | $203M | $1.2B | $13.4B | $10.5B | $11.0B | $9.9B | $6.0B |
| Receivables | $50M | $66M | $74M | $114M | $253M | $943M | $487M | $425M | $301M | $286M |
| Inventory | $14M | $20M | $25M | $28M | $106M | $391M | $175M | $136M | $97M | $94M |
| Total current assets | $131M | $204M | $284M | $350M | $1.6B | $14.9B | $11.3B | $11.6B | $10.6B | $7.1B |
| Property, plant and equipment | $67M | $76M | $71M | $74M | $200M | $855M | $990M | $952M | $881M | $706M |
| Goodwill | — | — | — | — | — | $0 | $0 | $0 | $28M | $13M |
| Total assets | $211M | $299M | $370M | $452M | $1.9B | $16.8B | $14.0B | $13.6B | $12.3B | $8.5B |
| Total current liabilities | $66M | $93M | $58M | $87M | $680M | $2.5B | $1.3B | $1.3B | $1.5B | $1.5B |
| Total liabilities | $82M | $122M | $78M | $100M | $781M | $3.2B | $1.8B | $2.0B | $2.0B | $2.1B |
| Shareholders' equity | $116M | $151M | $253M | $294M | $746M | $9.0B | $8.5B | $8.3B | $8.3B | $4.4B |
| Net debt | -$31M | -$96M | -$155M | -$153M | -$1.0B | -$11.6B | -$3.9B | -$1.1B | -$335M | -$488M |
Cash flow
Fiscal years, from SVA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$14M | $60M | $8M | $39M | $479M | $15.3B | -$798M | $139M | -$57M | -$512M |
| Capital spending | $13M | $12M | $6M | $11M | $127M | $594M | $314M | $156M | $96M | $49M |
| Free cash flow | -$27M | $48M | $2M | $28M | $352M | $14.7B | -$1.1B | -$18M | -$153M | -$561M |
| Stock-based compensation | $2M | $979,000 | $4M | $3M | $10M | $8M | $0 | $0 | $0 | $0 |
| Dividends paid | — | — | — | $0 | $0 | $1.9B | $247M | $328M | $947M | $3.5B |
| Net borrowing | $21M | -$10M | -$25M | -$1M | $27M | -$32M | -$63M | $243M | $123M | $100M |
| Free cash flow margin | -36.7% | 27.4% | 1.0% | 11.6% | 68.9% | 76.1% | -75.5% | -3.7% | -42.3% | -145.4% |
| Dividends per share | — | — | — | — | — | $26.20 | $3.45 | $4.57 | $13.18 | $49.18 |
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Open SVA in InvestinglyQuestions
What was SVA's revenue in 2025?
$386M in fiscal 2025, from its 10-K filing.
How much free cash flow does SVA generate?
-$561M in fiscal 2025 (operating cash flow minus capital spending).
From SVA's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.