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VANIVivani Medical, Inc.
$1.15$68M
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Vivani Medical, Inc. (VANI) Quarterly Financial Ratios

Last 48 quarters of trend data · Healthcare · Medical - Devices

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-2.67————————————
—————————————
P/S Ratio—————————————
—————————————
P/B Ratio4.564.344.8864.3215.575.353.783.532.913.362.511.981.90
—-18.8%+29.0%+1724.1%+434.9%+59.1%+50.9%+78.2%+53.4%+154.3%+157.7%+15.8%—
P/FCF—————————————
—————————————
EV / EBITDA—————————————
—————————————
EV / EBIT—————————————
—————————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin—————————————
—————————————
Operating Margin—————————————
—————————————
Net Margin—————————————
—————————————

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-159.6%-38.9%-77.9%-210.0%-86.4%-43.1%-33.7%-28.7%-20.4%-24.4%-25.7%-23.1%-18.4%
—+9.7%-131.3%-632.7%-323.8%-76.6%-31.2%-23.8%-10.5%-59.7%-68.5%-478.5%—
ROA-65.7%-16.6%-20.6%-24.2%-22.2%-16.4%-14.3%-13.3%-10.5%-12.1%-12.2%-12.0%-12.5%
—-1.4%-43.7%-82.6%-111.4%-34.9%-17.8%-10.4%+16.2%+8.1%+9.7%-367.7%+74.9%
ROIC-111.9%-28.4%-28.9%-29.9%-32.6%-27.2%-26.2%-25.4%-22.2%-23.2%-21.6%-24.7%-46.8%
—-4.4%-10.2%-18.0%-47.0%-17.3%-21.7%-2.6%+52.5%+95.9%+97.9%——

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has improved 32.8% YoY to 3.18x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity1.200.961.2013.973.791.631.101.070.840.711.000.800.65
—-41.2%+9.3%+1201.8%+350.8%+129.6%+10.0%+33.6%+29.8%+2057.5%+4525.0%+3111.2%—
Debt / EBITDA—————————————
—————————————
Current Ratio2.713.182.710.611.302.403.413.414.555.134.034.135.11
—+32.8%-20.6%-82.1%-71.5%-53.3%-15.3%-17.3%-10.9%-26.0%-42.2%-57.4%+278.6%
Quick Ratio2.713.182.710.611.302.403.413.414.555.134.034.135.11
—+32.8%-20.6%-82.1%-71.5%-53.3%-15.3%-17.3%-10.9%-26.0%-42.2%-57.4%+278.6%
Interest Coverage—————————————
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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VANI — Frequently Asked Questions

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

What is Vivani Medical, Inc.'s quarterly P/E ratio trend?

Vivani Medical, Inc.'s current P/E is -2.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

Why look at VANI quarterly ratios instead of annual?

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 Vivani Medical, Inc.'s business trajectory between earnings reports.