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Companies / Health Care / Dare Bioscience, Inc.
DARE

Dare Bioscience, Inc.

Health CarePharmaceutical Preparations
Ticker DARESAN DIEGO, CAFiscal year ends DecemberBook value per share $-0.04Diluted shares 14.7M

Daré Bioscience, Inc. (Nasdaq: DARE) is a health biotechnology company focused on developing and commercializing products for women’s health, including contraception, sexual health, menopause, pelvic pain, fertility, vaginal health and infectious disease. It pursues FDA approval for product candidates, Section 503B… From the company’s description.

Over the twelve months to Jun 30, 2026, Dare Bioscience, Inc. reported revenue of $1.37M and a net loss of $10.99M. Its operating margin was −813.3%, and operations used $11.29M in cash. In fiscal 2025, it reported revenue of $1.03M, up 10429.4% from fiscal 2024, and a net loss of $13.40M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.03MFY2025
+10429.4% year over year
Last 12 mo $1.37M
-1315.51%FY2025
+238376.7 percentage points
Last 12 mo -813.32%
$-13.40MFY2025
−230.6% year over year
Last 12 mo $-10.99M
-471.39%FY2025
−539.6 percentage points
Last 12 mo 1964.29%
Cash & financing
$-9.89MFY2025
−283.3% year over year
Last 12 mo $-11.29M
$-10.27MFY2025
−313.0% year over year
Last 12 mo $-11.76M
0.53FY2025
Last 12 mo -0.27
11.2MFY2025
+31.6% year over year
Last 12 mo 14.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Dare Bioscience, Inc. does

In the company’s own words

Daré Bioscience, Inc. (Nasdaq: DARE) is a health biotechnology company focused on developing and commercializing products for women’s health, including contraception, sexual health, menopause, pelvic pain, fertility, vaginal health and infectious disease. It pursues FDA approval for product candidates, Section 503B compounding for selected prescription products, and consumer health products that do not require prescriptions. Its offerings include DARE to PLAY sildenafil cream, a compounded prescription product launched in December 2025; the planned DARE to RESTORE vaginal probiotic line, beginning with Flora Sync LF5; and its pipeline candidate Ovaprene, a hormone-free monthly contraceptive in a pivotal Phase 3 study. Daré also licenses worldwide development, manufacturing and commercialization rights to XACIATO, an FDA-approved vaginal gel for bacterial vaginosis, to Organon. The company relies on collaborators and third parties for manufacturing, dispensing, logistics and commercialization rather than maintaining its own sales and distribution infrastructure. Daré began assembling its portfolio in 2017 through acquisitions, licenses and collaborations. Its website is www.darebioscience.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1401914
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-44.55M$-29.68M$-14.80M$0.08M$14.96M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Dare Bioscience, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

10
funds hold it
0 of 35
superinvestors hold it
$1.75M
held by funds, at market
5.4%
of shares held by funds

Largest fund holders · Dare Bioscience, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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