Company Analysis

Aptevo Therapeutics Inc. (APVO)

Nasdaq: APVO · Pharmaceutical Preparations · Seattle, WA · filing with the SEC since 2016
Grade4.1
◀ Past 2.5● Present 4.2▶ Future 5.1
2 est.

The grade of Aptevo Therapeutics Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past2.525% of the headline
● Present4.235% of the headline
▶ Future5.140% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.5/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.1/10

Has it survived what it has been through?

8 warning events since 2017; the latest 2025-06-23.

weight 22% of this tense · 21st percentile among 497 sector filers · read for itself

From the record

Aptevo Therapeutics Inc.'s filings since 2017 show 8 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2025-05-22); an auditor change (8-K item 4.01, 2 times, the latest 2025-06-23) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.4/10

What has it actually done, year after year?

-26.6% a year over 6 filed years; profitable in 2 of 6.

weight 45% of this tense · 44th percentile among 323 sector filers · read for its customers

From the record

Aptevo Therapeutics Inc.'s 6 filed years say what it did: revenue went from $15 million in fiscal 2017 to $3 million in fiscal 2022, down 26.6% a year; it rose in 3 of 5 years; the deepest fall was 90% from fiscal 2019 to fiscal 2022; net income was positive in 2 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-26.6%bottom 13% of its family
  • the share of years revenue rosetop 50% of its family
  • the share of filed years with a profittop 19% of its family
  • the deepest fall from a revenue peak90.4%bottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.1/10

How has it treated the people who own it?

SI estimate 0.1/10, confidence 35 of 100 (one part).

weight 33% of this tense · 1st percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 1% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Aptevo Therapeutics Inc.'s shareholder treatment is put at 0.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 1% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.2/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
2.4/10

Is it financially healthy right now?

ROE -149%: lost 149¢ per shareholder dollar. Leverage 36%: owes 36¢ per asset dollar.

weight 45% of this tense · 24th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Aptevo Therapeutics Inc. lost about 149 cents for every dollar of shareholders' money. Leverage: it owed about 36 cents per dollar of assets, and net share issuance: its share count grew 41038.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 48% of its family
  • return on equitybottom 22% of its family
  • the share count against the year beforebottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.5/10

How strong is its position in its industry?

bottom 46% of 315 in its family; net margin 257.8%.

weight 22% of this tense · 46th percentile among 315 sector filers · read for its customers

From the record

Aptevo Therapeutics Inc.'s standing among 315 graded names in its industry family: revenue of $3 million in fiscal 2022 ranks in the bottom 31% by size; a net margin of 257.8% ranks in the top 2%; revenue growth of -54.2% a year over the last 3 filed years ranks in the bottom 7% (its annual reports).

What it rests on

  • revenue against the family$3.1Mbottom 31% of its family
  • net margin257.8%top 2% of its family
  • three-year revenue growth-54.2%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.3/10

What are the people in charge doing?

top 36% of 315 in its family for leadership; chief executive since 2026.

weight 33% of this tense · 64th percentile among 315 sector filers · read for its shareholders

From the record

Aptevo Therapeutics Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lamothe, Jeffrey G. (President and CEO, as filed), filing under that title since 2026-08-10, 3 months (bottom 3% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 10.3 years (top 7%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge1 in three years among 11 peopletop 5% of its family
  • the median years the people in charge have filed10.3 yearstop 7% of its family
  • the chief executive's years on the record4 monthsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.1/1040% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
8.1/10

How much room does it have to grow?

SI estimate 8.1/10, confidence 35 of 100 (one part).

weight 33% of this tense · 81st percentile among 479 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the top 19% of 479 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 479 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Aptevo Therapeutics Inc.'s room to expand is put at 8.1 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 19% of 479 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
2.4/10

What could actually drive growth from here?

bottom 24% of 306 in its family for growth drivers.

weight 45% of this tense · 24th percentile among 306 sector filers · read for its customers

From the record

Aptevo Therapeutics Inc.'s growth drivers, from the filed years to fiscal 2022: revenue grew -54.2% a year over the last three filed years against -26.6% over all 6, slowing (bottom 22% of its family); the newest year grew -74.7% (bottom 8%); research spending grew -6.7% a year (bottom 37%); capital spending grew -42.5% a year (bottom 27%) (its annual reports). Aptevo Therapeutics Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-27.6 points a yearbottom 22% of its family
  • the newest year's revenue growth-74.7%bottom 8% of its family
  • three-year growth of research spending-6.7%bottom 37% of its family
  • three-year growth of capital spending-42.5%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.2/10

Did its newest year beat what its own record pointed to?

top 38% of 233 in its family for expectations against reality.

weight 22% of this tense · 62nd percentile among 233 sector filers · read for its shareholders

From the record

Aptevo Therapeutics Inc.'s newest year against its own record: revenue of $3 million in fiscal 2022 came in 58.9% below the $8 million its prior three years' pace pointed to (bottom 17% of its family); net income of $8 million against a prior three-year average of $29 million (top 12%); a net margin of more than its whole revenue against losses larger than its revenue before (top 20%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-58.9%bottom 17% of its family
  • net income against the prior three years' average+128%top 12% of its family
  • net margin against its prior averageup more than 100 pointstop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton APVO · research, not advice