10x Insights
Loading account…
Companies / Healthcare / Vaxcyte, Inc.
PCVX

Vaxcyte, Inc.

HealthcareBiological Products
Ticker PCVXSAN CARLOS, CAFiscal year ends DecemberBook value per share $19.42Diluted shares 142.0M

Vaxcyte, Inc. (NASDAQ: PCVX) is a clinical-stage vaccine innovation company focused on developing high-fidelity vaccines to prevent bacterial diseases. The company leverages its proprietary XpressCF cell-free protein synthesis platform to engineer complex vaccines with enhanced immunological benefits beyond the… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-766.63M
−65.2% year over year
Last 12 mo $-1.06B
-28.55%
−14.5 percentage points
Last 12 mo -38.59%
Cash & financing
$-655.58M
−44.8% year over year
Last 12 mo $-881.23M
$-669.29M
−40.9% year over year
Last 12 mo $-894.14M
—
136.1M
+11.6% year over year
Last 12 mo 142.0M

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 Vaxcyte, Inc. does

In the company’s own words

Vaxcyte, Inc. (NASDAQ: PCVX) is a clinical-stage vaccine innovation company focused on developing high-fidelity vaccines to prevent bacterial diseases. The company leverages its proprietary XpressCF cell-free protein synthesis platform to engineer complex vaccines with enhanced immunological benefits beyond the capabilities of conventional cell-based manufacturing approaches. Unlike traditional methods that rely on random conjugation of antigens to protein carriers, Vaxcyte's site-specific conjugation technology enables precise control over attachment points, optimizing the exposure of critical immune epitopes and maximizing immune response while reducing carrier suppression effects.

The company's primary pipeline centers on pneumococcal conjugate vaccine (PCV) candidates targeting the approximately eight billion dollar global pneumococcal vaccine market. VAX-31, a 31-valent broad-spectrum PCV, represents the company's lead program and is designed to provide protection against both currently circulating and historically prevalent pneumococcal serotypes. VAX-31 has received FDA breakthrough therapy designation for prevention of invasive pneumococcal disease and pneumonia in adults and is currently in Phase 3 clinical development. VAX-24, a 24-valent PCV candidate, is in Phase 2 development for pediatric indications. VAX-XL represents a third-generation candidate designed to provide the broadest serotype coverage of any PCV in development.

Beyond its PCV franchise, Vaxcyte is developing VAX-A1, a novel conjugate vaccine candidate for Group A Streptococcus prevention, for which the company plans to initiate Phase 1 clinical studies in 2026. The company previously pursued VAX-GI for shigellosis prevention but paused advancement beyond preclinical development in August 2025 to prioritize resources toward its PCV franchise while preserving future development options.

Vaxcyte has established strategic manufacturing partnerships with Lonza, Sutro Biopharma, and Thermo Fisher Scientific to support clinical development and potential commercial-scale production. The company operates within the rapidly expanding global vaccine market, which is projected to reach approximately 115.77 billion dollars by 2033. More information is available at www.vaxcyte.com.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
SAN CARLOS, CA
Fiscal year end
December
CIK
1649094
SIC
2836

Financial performance, year by year

Fiscal 2020–2025 · USD
$-1.16B$-869.25M$-576.74M$-284.23M$8.29M202020212022202320242025Last 12 moLast 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 Vaxcyte, Inc. — and what changed

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

422
funds hold it
0 of 35
superinvestors hold it
$4.33B
held by funds, at market
51.1%
of shares held by funds

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

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
T. Rowe Price Capital Appreciation Fund
PRWCX · T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.
0.33%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.24%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.10%of fund net assets
Strategic Advisers Fidelity U.S. Total Stock Fund
FCTDX · Fidelity Rutland Square Trust II
0.06%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”.

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

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Vaxcyte, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Vaxcyte, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Vaxcyte, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.