Voyager Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:21:04Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -135.06M | -18.83M | 74.66M | -15.00M | -55.13M | -108.81M |
| EBITDA | -127.78M | -78.56M | 126.45M | -44.65M | -68.45M | 31.20M |
| Working Capital | 176.15M | 227.02M | 255.18M | 51.91M | 85.72M | 171.00M |
| Net Debt | -28.80M | -27.64M | -48.51M | -75.83M | -73.25M | -56.83M |
| Operating Margin | -326.56% | -104.11% | 48.80% | -124.27% | -196.76% | 16.00% |
| Net Margin | -296.53% | -81.25% | 52.93% | -113.45% | -190.29% | 21.47% |
| Return on Equity (ROE) | -61.06% | -21.68% | 56.00% | -78.63% | -74.90% | 23.81% |
| Return on Assets (ROA) | -47.46% | -16.54% | 37.67% | -29.12% | -36.73% | 14.05% |
| Current Ratio | 7.64× | 5.56× | 4.96× | 1.72× | 2.68× | 7.39× |
| Debt-to-Equity | 0.19× | 0.15× | 0.09× | 0.39× | 0.46× | 0.31× |
| Effective Tax Rate | -0.12% | -1.03% | 1.05% | -0.03% | — | — |
| Cash Conversion Ratio | 1.11× | 0.24× | 0.59× | 0.27× | 0.75× | -2.63× |
| Accruals Ratio | 0.05× | -0.13× | 0.15× | -0.21× | -0.09× | 0.51× |
| SBC % of Revenue | 36.63% | 18.48% | 4.46% | 22.84% | 30.27% | 8.73% |
| CapEx Coverage | -51.03× | -4.35× | 23.93× | -5.02× | -33.27× | -8.00× |
| Free Cash Flow Per Share | $-2.30 | $-0.33 | $1.68 | $-0.39 | $-1.46 | $-2.91 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 2.84× | — | — | 7.30× |
| P/FCF | — | — | 5.04× | — | — | — |
| FCF Yield | — | — | 19.85% | — | — | — |
| EV / EBITDA | — | — | 2.56× | — | — | 6.74× |
| P/S | 5.75× | 3.88× | 1.49× | 5.76× | 2.75× | 1.56× |
| P/B | 1.18× | 1.04× | 1.57× | 3.99× | 1.08× | 1.73× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 40.37M | 80.00M | 250.01M | 40.91M | 37.41M | 171.13M |
| Research and Development Expense | 134.67M | 127.37M | 92.17M | 60.76M | 73.79M | 108.75M |
| Operating Expenses | 172.22M | 163.29M | 127.99M | 91.74M | 111.03M | 143.74M |
| Operating Income (Loss) | -131.84M | -83.29M | 122.01M | -50.84M | -73.62M | 27.38M |
| Income Tax Expense (Benefit) | 144.00K | 665.00K | 1.41M | 16.00K | — | — |
| Net Income (Loss) Attributable to Parent | -119.72M | -65.00M | 132.33M | -46.41M | -71.20M | 36.74M |
| Earnings Per Share, Basic | $-2.04 | $-1.13 | $3.08 | $-1.21 | $-1.89 | $0.99 |
| Weighted Average Number of Shares Outstanding, Basic | 58.69M | 57.67M | 43.02M | 38.36M | 37.67M | 37.13M |
| Earnings Per Share, Diluted | $-2.04 | $-1.13 | $2.97 | $-1.21 | $-1.89 | $0.98 |
| Weighted Average Number of Shares Outstanding, Diluted | 58.69M | 57.67M | 44.57M | 38.36M | 37.67M | 37.35M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 65.30M | 71.37M | 68.80M | 98.96M | 117.43M | 104.44M |
| Assets, Current | 202.69M | 276.81M | 319.68M | 124.50M | 136.70M | 197.77M |
| Assets | 252.28M | 393.05M | 351.28M | 159.36M | 193.85M | 261.58M |
| Liabilities, Current | 26.54M | 49.79M | 64.51M | 72.59M | 50.98M | 26.77M |
| Liabilities | 56.20M | 93.29M | 114.96M | 100.34M | 98.80M | 107.26M |
| Stockholders' Equity Attributable to Parent | 196.08M | 299.76M | 236.32M | 59.02M | 95.06M | 154.32M |
| Common Stock, Shares, Outstanding | 59.05M | 54.73M | 44.04M | 38.61M | 37.92M | 37.37M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -132.47M | -15.31M | 77.92M | -12.51M | -53.52M | -96.72M |
| Payments to Acquire Property, Plant, and Equipment | 2.60M | 3.52M | 3.26M | 2.49M | 1.61M | 12.10M |
| Net Cash Provided by (Used in) Investing Activities | 125.45M | -94.86M | -141.64M | -7.34M | 65.91M | 113.00M |
| Net Cash Provided by (Used in) Financing Activities | 816.00K | 114.02M | 33.65M | 1.11M | 612.00K | 3.16M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -33.43M | -30.89M | -104.17M | -72.92M | -38.55M | -14.68M |
| EBITDA | -29.34M | -28.88M | — | — | -33.68M | -37.29M |
| Working Capital | 129.53M | 176.15M | 184.09M | 185.91M | 204.99M | 227.02M |
| Net Debt | -8.75M | -28.80M | -6.76M | -3.74M | -32.76M | -27.64M |
| Operating Margin | -1167.37% | -195.17% | -228.91% | -704.33% | -535.96% | -610.05% |
| Net Margin | -1077.40% | -178.83% | -208.69% | -641.96% | -479.24% | -549.33% |
| Return on Equity (ROE) | -16.09% | -13.99% | -12.69% | -13.68% | -11.38% | -11.50% |
| Return on Assets (ROA) | -12.74% | -10.87% | -9.67% | -10.36% | -8.78% | -8.77% |
| Current Ratio | 8.42× | 7.64× | 6.19× | 5.43× | 6.10× | 5.56× |
| Debt-to-Equity | 0.20× | 0.19× | 0.17× | 0.16× | 0.15× | 0.15× |
| Effective Tax Rate | -0.05% | -0.03% | -0.30% | -0.04% | -0.12% | -1.72% |
| Cash Conversion Ratio | 1.20× | 1.10× | 3.66× | 2.13× | 1.22× | 0.42× |
| Accruals Ratio | 0.03× | 0.01× | 0.26× | 0.12× | 0.02× | -0.05× |
| SBC % of Revenue | 95.95% | 22.96% | 84.29% | 150.12% | 56.74% | 59.53% |
| CapEx Coverage | -2387.07× | -48.34× | -51.88× | -40.36× | -57.59× | -93.74× |
| Free Cash Flow Per Share | $-0.56 | $-0.53 | $-1.77 | $-1.24 | $-0.66 | $-0.25 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.59M | 15.34M | 13.37M | 5.20M | 6.47M | 6.28M |
| Research and Development Expense | 24.60M | 35.95M | 35.87M | 31.33M | 31.53M | 35.58M |
| Operating Expenses | 32.86M | 45.27M | 43.96M | 41.83M | 41.17M | 44.58M |
| Operating Income (Loss) | -30.27M | -29.93M | -30.59M | -36.63M | -34.69M | -38.30M |
| Income Tax Expense (Benefit) | 14.00K | 9.00K | 83.00K | 15.00K | 37.00K | 584.00K |
| Net Income (Loss) Attributable to Parent | -27.94M | -27.43M | -27.89M | -33.38M | -31.02M | -34.49M |
| Earnings Per Share, Basic | $-0.47 | $-0.47 | $-0.47 | $-0.57 | $-0.53 | $-0.60 |
| Weighted Average Number of Shares Outstanding, Basic | 59.50M | 58.69M | 58.80M | 58.67M | 58.35M | 57.67M |
| Earnings Per Share, Diluted | $-0.47 | $-0.47 | $-0.47 | $-0.57 | $-0.53 | $-0.60 |
| Weighted Average Number of Shares Outstanding, Diluted | 59.50M | 58.69M | 58.80M | 58.67M | 58.35M | 57.67M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 43.31M | 65.30M | 45.13M | 43.94M | 74.75M | 71.37M |
| Assets, Current | 146.98M | 202.69M | 219.59M | 227.89M | 245.21M | 276.81M |
| Assets | 219.32M | 252.28M | 288.31M | 322.10M | 353.24M | 393.05M |
| Liabilities, Current | 17.45M | 26.54M | 35.49M | 41.98M | 40.21M | 49.79M |
| Liabilities | 45.66M | 56.20M | 68.49M | 78.16M | 80.54M | 93.29M |
| Stockholders' Equity Attributable to Parent | 173.67M | 196.08M | 219.82M | 243.94M | 272.70M | 299.76M |
| Common Stock, Shares, Outstanding | 60.31M | 59.05M | 55.48M | 55.43M | 55.21M | 54.73M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -33.42M | -30.26M | -102.20M | -71.16M | -37.90M | -14.53M |
| Payments to Acquire Property, Plant, and Equipment | 14.00K | 626.00K | 1.97M | 1.76M | 658.00K | 155.00K |
| Net Cash Provided by (Used in) Investing Activities | 8.10M | 47.42M | 78.02M | 43.13M | 41.20M | -27.20M |
| Net Cash Provided by (Used in) Financing Activities | 3.33M | 136.00K | 680.00K | 595.00K | 82.00K | 574.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VYGR CIK 0001640266),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.