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CVAC logoCureVac N.V. (CVAC) Earnings History

Annual and quarterly earnings data from 2018 to 2024

TTM Net Income
$194M
Profitable
TTM EPS
$0.86
Diluted
YoY EPS Growth
+161.0%
Excellent
Net Margin
30.3%
Profitability
Operating Margin33.2%
Gross Margin80.2%
ROE26.7%
ROA20.4%
Highest Annual Net Income$162M (2024)
Highest Quarterly EPS$1.51 (Q3 2024)
Consecutive Profitable Years1 years
Q2 2025
Net Income-$60M
EPS$-0.26
QoQ Growth-14.4%Declining

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CVAC EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

CVAC Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202480.2%33.2%30.3%
2023-131.3%-510.1%-484.0%
2022-172.9%-370.0%-369.4%
2021-131.3%-400.3%-399.8%
202071.0%-253.6%-264.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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CureVac N.V. (CVAC) Earnings Overview

As of May 6, 2026, CureVac N.V. (CVAC) reported trailing twelve-month net income of $194M, reflecting +161.0% year-over-year growth. The company earned $0.86 per diluted share over the past four quarters, with a net profit margin of 30.3%.

Looking at the long-term picture, CVAC's historical earnings data spans multiple years. The company achieved its highest annual net income of $162M in fiscal 2024, representing a new all-time high.

CureVac N.V. maintains industry-leading profitability with a gross margin of 80.2%, operating margin of 33.2%, and net margin of 30.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including MRNA (-$3.19B net income, -145.2% margin), BNTX (-$1.13B net income, -39.6% margin), ARCT (-$66M net income, -97.9% margin), CVAC has outperformed on profitability metrics. Compare CVAC vs MRNA →

CVAC Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
CVAC logoCVACCurrent
$194M$0.8630.3%26.7%+161.0%—
MRNA logoMRNA
-$3.2B$-8.09-145.2%-28.9%+21.7%
BNTX logoBNTX
-$1.1B$-4.62-39.6%-5.7%-62.8%
ARCT logoARCT
-$66M$-2.40-97.9%-28.9%+20.0%
NTLA logoNTLA
-$413M$-3.81--53.5%+27.4%
BEAM logoBEAM
-$80M$-0.76-57.2%-8.1%+82.3%
Best in group
Lowest in group

CVAC Historical Earnings Data (2018–2024)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$162M+162.3%$178M$0.7230.3%33.2%
2023-$260M-4.5%-$274M$-1.18-484.0%-510.1%
2022-$249M+39.5%-$249M$-1.32-369.4%-370.0%
2021-$412M-219.0%-$412M$-2.21-399.8%-400.3%
2020-$129M-29.2%-$124M$-0.98-264.0%-253.6%
2019-$100M-40.2%-$99M$-0.53-573.5%-571.3%
2018-$71M--$73M$-0.40-553.5%-565.8%

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Compare CVAC vs DBVT

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CVAC — Frequently Asked Questions

Quick answers to the most common questions about buying CVAC stock.

Is CVAC growing earnings?

CVAC EPS is $0.86, with earnings growth accelerating to +161.0%. This exceeds the 5-year CAGR of N/A. TTM net income reached $194M.

What are CVAC's profit margins?

CureVac N.V. net margin is +30.3%, with operating margin at +33.2%. Above-average margins indicate pricing power.

How consistent are CVAC's earnings?

CVAC earnings data spans 2018-2024. The accelerating earnings trend is +161.0% YoY. Historical data enables comparison across business cycles.

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CVAC Earnings Over Time (2018–2024)

Net income and EPS trends