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VYGR Financials Voyager Therapeutics, Inc.

12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 25.1% per year over the past 5 years.
  • Operating margin has contracted, at -326.6% in the latest year.

Financial health

  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$120M $65M $250M $0 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
-1196% -571% 53% 0% 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Free cash flow (CFO − capex)
-$135M -$30M $75M $0 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $59M $117M 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$195M -$9M $178M $0 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $40M -$120M 0.0% -326.6% -$135M $65M
2024 $80M -$65M 0.0% -104.1% -$19M $71M
2023 $250M $132M 0.0% 48.8% $75M $69M
2022 $41M -$46M 0.0% -124.3% -$15M $99M
2021 $37M -$71M 0.0% -196.8% -$55M $117M
2020 $171M $37M 0.0% 16.0% -$109M $104M
2019 $104M -$44M 0.0% -49.5% $41M $86M
2018 $8M -$88M 0.0% -1195.6% -$20M $47M
2017 $10M -$71M 0.0% -709.1% -$65M $32M
2016 $14M -$40M 0.0% -290.4% -$48M $37M
2015 -$30M $40M $31M
2014 -$16M $7M

Valuation over time

How the market has priced VYGR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 2.1 4.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 8.5 17.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is VYGR growing its revenue and profit?

Over the past 5 years, Voyager Therapeutics, Inc.'s revenue has declined 25.1% per year. These are computed facts, not advice.

How much debt does VYGR have?

As of FY2025, Voyager Therapeutics, Inc. reported — of total debt against $65M of cash.

What is VYGR's profit margin?

In FY2025, gross margin was —, operating margin -326.6%, and net margin -296.5%.

What is VYGR's P/E ratio?

As of Jun '26, Voyager Therapeutics, Inc. traded at a price-to-earnings ratio of about 3.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.