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Sinovac Biotech Ltd (SVA)

Sinovac Biotech Ltd reported revenue of $386M in fiscal 2025, up 6.8% from a year earlier. It posted a net loss of $59.7M. In fiscal 2025 capital spending exceeded operating cash flow by $561.1M. At December 31, 2025 it held $488.2M in cash against $494.9M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on June 5, 2026.

Revenue (FY2025)
$386M
+6.8% year on year
Net margin
-15.5%

What Sinovac Biotech Ltd does

Sinovac Biotech Ltd is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker SVA.

Revenue and profit by year

Revenue
FY18: $229.7M $229.7M FY18FY19: $246.1M $246.1M FY19FY20: $510.6M $510.6M FY20FY21: $19.4B $19.4B FY21FY22: $1.5B $1.5B FY22FY23: $470.2M $470.2M FY23FY24: $361.4M $361.4M FY24FY25: $386M $386M FY25
Net income
FY18: $21.8M $21.8M FY18FY19: $44.9M $44.9M FY19FY20: $110.4M $110.4M FY20FY21: $8.1B $8.1B FY21FY22: $14.5M $14.5M FY22FY23: -$13.5M -$13.5M FY23FY24: $90.9M $90.9M FY24FY25: -$59.7M -$59.7M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$386M-$490.1M-$59.7M-$0.83-$561.1M
2024$361.4M-$505.5M$90.9M$1.27-$152.9M
2023$470.2M-$714M-$13.5M-$0.19-$17.5M
2022$1.5B-$509M$14.5M$0.20-$1.1B
2021$19.4B$17.6B$8.1B$113.44$14.7B
2020$510.6M$215.6M$110.4M$1.48$351.8M

Full financial statements: income, balance sheet and cash flow

Where SVA ranks in Health care

Revenue$386M
#208 of 646 in Health care · Top 32%
Revenue growth+6.8%
#298 of 474 in Health care · Bottom 37%
Net margin-15.5%
#273 of 485 in Health care · Bottom 44%
Free cash flow margin-145.4%
#380 of 440 in Health care · Bottom 14%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Dividends

Sinovac Biotech Ltd declared $55.00 per share in fiscal 2025. It paid out $3.5B in cash dividends.

Fiscal yearPer sharePaid outOf profit
2025$55.00$3.5Bn/a
2024n/a$947M1,042%
2023n/a$328.1Mn/a
2022n/a$247.4M1,710%
2021n/a$1.9B23%
2020n/a$00%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Sinovac Biotech Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 17, 2026
  2. July 15, 2026
  3. June 15, 2026
  4. June 5, 2026
  5. June 5, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 6.8% to $386M versus the prior year; diluted EPS -$0.83 versus $1.27.
  6. May 29, 2026
  7. May 21, 2026
  8. May 8, 2026
  9. May 7, 2026
  10. April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on April 17, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about SVA

What does Sinovac Biotech Ltd do?

Sinovac Biotech Ltd is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker SVA.

Is Sinovac Biotech Ltd profitable?

No. In fiscal 2025 it reported a net loss of $59.7M on revenue of $386M.

How much revenue does Sinovac Biotech Ltd make?

In fiscal 2025 Sinovac Biotech Ltd reported revenue of $386M. That is 6.8% more than a year earlier.

When did Sinovac Biotech Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on June 5, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 17, 2026.

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Where the numbers come from

Financial figures are the values Sinovac Biotech Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.