Last 47 quarters of trend data · Healthcare · Biotechnology
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -8.36 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 19.53 | 5.03 | 4.24 | 11.98 | 127.83 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/B Ratio | — | — | — | 38.61 | 17.88 | 7.17 | 3.23 | 3.58 | 3.89 | 2.39 | 6.18 | 2.56 | 2.49 |
| — | — | — | +978.7% | +359.5% | +199.3% | -47.7% | +39.6% | +55.9% | +31.6% | +406.5% | +195.7% | +35.4% | |
| P/FCF | — | — | 5.59 | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
KalVista Pharmaceuticals, Inc.'s operating margin was -57.4% in Q4 2026, down 38.2 pp QoQ. The trailing four-quarter average of -1137.7% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 91.7% | 91.6% | 93.4% | 91.0% | 58.6% | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Operating Margin | -233.4% | -57.4% | -19.2% | -336.3% | -4138.1% | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Net Margin | -223.2% | -57.5% | -9.0% | -361.4% | -4214.3% | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -354.5% | -328.8% | — | -171.3% | -88.3% | -43.4% | -34.8% | -27.6% | -21.3% | -30.3% | -28.6% | -21.8% | -16.9% |
| — | -657.0% | — | -521.5% | -314.0% | -43.5% | -21.6% | -26.5% | -26.5% | -98.7% | -120.3% | -51.0% | -27.9% | |
| ROA | -56.1% | -7.0% | -1.6% | -17.8% | -25.8% | -19.8% | -22.2% | -23.4% | -18.6% | -25.6% | -23.0% | -18.5% | -14.7% |
| — | +64.9% | +92.8% | +23.9% | -38.8% | +22.4% | +3.3% | -26.6% | -26.0% | -87.9% | -97.5% | -43.4% | -23.5% | |
| ROIC | — | — | -16.6% | — | — | -1351.4% | -78.3% | -28.0% | -20.1% | -28.5% | -36.2% | -27.5% | -20.7% |
| — | — | +78.9% | — | — | -4642.9% | -116.5% | -1.7% | +2.7% | -32.2% | -98.6% | -76.7% | -56.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 8.80 | 0.15 | 0.07 | 0.04 | 0.05 | 0.04 | 0.04 | 0.08 | 0.07 | 0.06 |
| — | — | — | +18880.7% | +316.1% | +86.7% | -52.6% | -31.0% | -36.9% | -30.7% | +82.8% | +10.7% | +4.7% | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 5.58 | 5.58 | 5.58 | 7.22 | 5.37 | 5.35 | 10.44 | 6.87 | 8.55 | 9.90 | 5.44 | 7.25 | 10.60 |
| — | +4.3% | -46.5% | +5.0% | -37.3% | -45.9% | +91.8% | -5.2% | -19.4% | -13.7% | -67.1% | -45.8% | -39.4% | |
| Quick Ratio | 5.52 | 5.52 | 5.52 | 7.21 | 5.37 | 5.35 | 10.44 | 6.87 | 8.55 | 9.90 | 5.44 | 7.25 | 10.60 |
| — | +3.2% | -47.1% | +4.9% | -37.3% | -45.9% | +91.8% | -5.2% | -19.4% | -13.7% | -67.1% | -45.8% | -39.4% | |
| Interest Coverage | -8.88 | -4.20 | -1.33 | -8.95 | -15.45 | -18.70 | -14.57 | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying KALV stock.
KalVista Pharmaceuticals, Inc.'s current P/E is -8.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
KalVista Pharmaceuticals, Inc.'s current operating margin is -233.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking KalVista Pharmaceuticals, Inc.'s business trajectory between earnings reports.