PALVELLA THERAPEUTICS, INC.(PVLA)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $46.3M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
PVLA Stock Analysis & AI Quality Score
AI stock analysis and institutional research for PALVELLA THERAPEUTICS, INC. (PVLA), a Healthcare sector company. PVLA is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $46.3m in revenue. Based on the latest XBRL financial filings (Q1 2026), PALVELLA THERAPEUTICS, INC. reports net income of $-15.8M, free cash flow of $-10.9M. Top institutional holders of PVLA by reported 13-F value include SUVRETTA CAPITAL MANAGEMENT,, First Light Asset Management,, BVF /IL, based on the most recent SEC filings. PVLA trades on the Nasdaq exchange and files with the SEC under CIK 1583648. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PVLA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PALVELLA THERAPEUTICS, INC. directly from SEC EDGAR.
Net Income
Q1 2026
$-15.8M
Free Cash Flow
Q1 2026
$-10.9M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
Net Income
-323.2% YoYOperating Income
-225.2% YoYEPS (Diluted)
-271.0% YoYTotal Assets
+689.1% YoYOp. Cash Flow
-82.5% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | — | $42.8M +65.3% | $25.9M -17.6% | $31.4M -32.1% | $46.3M +693.7% | $5.8M |
| Net Income | $-41.7M -323.2% | $18.7M +156.2% | $-33.3M +27.2% | $-45.7M -79.6% | $-25.5M -11.7% | $-22.8M |
| Operating Income | $-38.6M -225.2% | $-11.9M +72.7% | $-43.5M +16.1% | $-51.8M -90.9% | $-27.2M -19.3% | $-22.8M |
| EPS (Diluted) | $-3.71 -271.0% | $2.17 | — | $-0.71 | — | — |
| Total Assets | $59.6M +689.1% | $7.5M -92.1% | $95.5M -37.8% | $153.6M +8.8% | $141.1M +302.4% | $35.1M |
| Operating Cash Flow | $-25.0M -82.5% | $-13.7M +77.1% | $-59.9M -682.4% | $-7.7M +85.4% | $-52.5M | — |
AI Insight: PVLA Financial Trends
A Q1 2026 equity injection to $232M buys runway, but operating cash burn hit a record -$11M in the same quarter with zero revenue.
• Operating losses have worsened steadily from -$4M in Q2 2024 to -$15M in Q1 2026, signaling accelerating R&D spend.
• Equity surged from $28M in Q4 2025 to $232M in Q1 2026, suggesting a significant capital raise that extends the cash runway.
• The company has reported $0M revenue across every reported quarter from Q2 2024 through Q1 2026 — entirely pre-commercial.
⚠ Operating cash burn reached -$11M in Q1 2026 — the worst in the observed period — while equity of $232M is the only buffer.
⚠ Net income diverged sharply from operating income in Q2 2025 (-$1M vs. -$9M); monitor non-operating items driving these gaps.
⚠ At Q1 2026 burn rates, the $232M equity base faces meaningful depletion without a catalyst or revenue inflection.
AI Insight: PVLA Ratio Trends
PVLA remains deeply unprofitable with no margin or leverage data available, but return metrics show extreme volatility across recent quarters.
• ROE swung from -127.2% in Q2 2024 to -10.8% in Q2 2025, then collapsed to -181.7% in Q4 2025, signaling highly unstable earnings.
• ROA improved from -97.5% in Q3 2024 to -7.0% in Q2 2025, but deteriorated sharply to -85.4% in Q4 2025.
• TTM ROE of -21.2% and ROA of -18.7% suggest the four-quarter average is less extreme than the worst individual quarters.
⚠ OpMargin, NPM, and D/E are entirely absent — no visibility into operating losses or balance sheet leverage.
⚠ Q4 2025 ROE of -181.7% represents the worst quarterly reading in the dataset — monitor for one-off charges driving this spike.
⚠ ROIC data gaps in Q3 2025 and Q4 2025 limit trend continuity; Q1 2026 ROIC of -25.6% warrants close tracking.
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Available Research
13F Pro tracks comprehensive data for PALVELLA THERAPEUTICS, INC. including:
Top Institutional Holders of PVLA
SUVRETTA CAPITAL MANAGEMENT, LLC
$143.8M1,153,496 shFirst Light Asset Management, LLC
$122.3M980,758 shBVF INC/IL
$119.8M960,989 shFrazier Life Sciences Management, L.P.
$110.0M882,400 shBlackRock, Inc.
$85.6M686,853 shJENNISON ASSOCIATES LLC
$79.9M640,611 shVANGUARD CAPITAL MANAGEMENT LLC
$59.5M477,294 shSTATE STREET CORP
$57.2M458,999 shFEDERATED HERMES, INC.
$54.0M433,015 shFRONTIER CAPITAL MANAGEMENT CO LLC
$46.6M374,035 sh
| Fund | Value | Shares |
|---|---|---|
| SUVRETTA CAPITAL MANAGEMENT, LLC | $143.8M | 1,153,496 |
| First Light Asset Management, LLC | $122.3M | 980,758 |
| BVF INC/IL | $119.8M | 960,989 |
| Frazier Life Sciences Management, L.P. | $110.0M | 882,400 |
| BlackRock, Inc. | $85.6M | 686,853 |
| JENNISON ASSOCIATES LLC | $79.9M | 640,611 |
| VANGUARD CAPITAL MANAGEMENT LLC | $59.5M | 477,294 |
| STATE STREET CORP | $57.2M | 458,999 |
| FEDERATED HERMES, INC. | $54.0M | 433,015 |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $46.6M | 374,035 |
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Popular Research
Is PVLA a good stock to buy?
13F Pro's AI-powered analysis of PALVELLA THERAPEUTICS, INC. (PVLA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PVLA are available on the PVLA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PVLA?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PVLA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PALVELLA THERAPEUTICS, INC.'s investment landscape.