InflaRx (IFRX) Financial Statements & Analysis

InflaRx Income Statement Analysis

Values in millions EUR

Income Statement Balance Sheet Cash Flow Ratios

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InflaRx N.V. income statement - Annual data in millions EUR
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Mar 2020	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	0.03	0.17	0.06	0.00	0.00	0.00	0.00	0.00	0.00
Cost of Revenue	7.27	3.32	0.53	0.00	0.00	0.00	0.00	0.18	0.07
Gross Profit	-7.24	-3.15	-0.47	0.00	0.00	0.00	0.00	-0.18	-0.07
Operating Expenses
Research & Development	25.72	35.36	41.02	37.53	35.70	25.68	44.58	25.03	14.42
Selling, General & Administrative	17.56	19.78	16.12	14.34	11.98	7.91	12.50	12.79	5.14
Operating Expenses	41.02	49.86	44.13	32.24	47.63	33.94	56.77	37.52	18.77
Operating Income	-48.26	-53.01	-44.59	-32.24	-47.63	-33.94	-56.77	-37.52	-19.45
Other Income/Expense
Interest Income	1.77	3.20	3.80	0.61	0.11	0.89	2.84	2.18	0.13
Interest Expense	0.04	-0.02	0.04	0.05	-0.02	0.03	0.02	0.00	2.23
Other Income/Expense	2.64	6.95	1.93	2.44	2.00	-0.04	3.51	7.70	-4.79
Income
Income Before Tax	-45.62	-46.06	-42.67	-29.48	-45.63	-33.98	-53.25	-29.81	-24.24
Income Tax Expense	0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	-45.63	-46.06	-42.67	-29.48	-45.63	-33.98	-53.25	-29.82	-24.24
Net Income - Continuous Operations	-45.63	-46.06	-42.67	-29.48	-45.63	-33.98	-53.25	-29.82	-24.24
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	-45.16	-52.95	-42.06	-28.84	-47.34	-33.59	-56.48	-37.34	-19.58
EBIT	-45.58	-53.01	-58.06	-29.44	-47.63	-33.94	-	-	-
Depreciation & Amortization	0.42	0.06	0.57	0.53	0.30	0.35	0.29	0.17	0.07
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-1.00	-1.00	-1.00	-2.00	-1.00	-1.00
Diluted EPS	-1.00	-1.00	-1.00	-1.00	-1.00	-1.00	-2.00	-1.00	-1.00
Basic Shares Outstanding	67.29	58.92	54.94	44.21	41.63	27.06	26.00	25.10	23.61
Diluted Shares Outstanding	67.29	58.92	54.94	44.21	41.63	27.06	26.00	25.10	23.61

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About InflaRx Financial Statements

What was InflaRx's revenue in fiscal 2025?

InflaRx reported revenue of EUR 29.33K in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 82.3% from EUR 165.79K a year earlier.

Is InflaRx profitable?

No. InflaRx reported a net loss of EUR 45.63M in fiscal 2025. In fiscal 2024 it lost EUR 46.06M.

What is InflaRx's operating margin?

InflaRx's operating income was −EUR 48.26M on revenue of EUR 29.33K in fiscal 2025, an operating margin of -164525.5%, compared with -31973.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition