Dare Bioscience, Inc. logo

Dare Bioscience, Inc.

DARE

NASDAQHealthcareBiotechnology

Previous close

$0.8199

+$0.0107 · +1.32%

Aug 21, 4:00 PM ET

Pre-market

$0.815

−$0.0049 · -0.60%

Aug 24, 4:00 AM ET

DARE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

60

Fair Value

Momentum

38

Weakening

Sentiment

52

Mixed

Risk resilience

31

High Risk

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Company profile

Company website

Daré Bioscience, Inc. develops therapies in the areas of contraception, pelvic pain, fertility, infectious disease, menopause, and sexual and vaginal health in the United States. The company offers XACIATO, a lincosamide antibacterial gel for the treatment of bacterial vaginosis. It also develops Ovaprene, a hormone-free monthly intravaginal contraceptive; Sildenafil Cream, a cream formulation of sildenafil for topical administration to the female genitalia for the treatment of female sexual arousal disorder; DARE-HRT1 to treat vasomotor symptoms in menopausal hormone therapy; DARE-VVA1 for the treatment of dyspareunia or pain during sexual intercourse; and DARE-HPV, a fixed-dose formulation of lopinavir and ritonavir in a soft gel vaginal insert to treat genital human papillomavirus (HPV) infection, cervical intraepithelial neoplasia, and other HPV-related pathologies. In addition, the company develops DARE-PDM1, a hydrogel formulation of diclofenac for vaginal administration to treat primary dysmenorrhea; DARE-204 and DARE-214, injectable formulations of etonogestrel that provides contraception over 6-month and 12-month periods; DARE-FRT1, an intravaginal ring designed to deliver bio-identical progesterone for luteal phase support as part of an in vitro fertilization treatment plan; and DARE-PTB1 for the prevention of preterm birth. Further, it develops DARE-LARC1, a contraceptive implant delivering levonorgestrel with a woman-centered design controlled contraceptive option; DARE-RH1, an approach to non-hormonal contraception for men and women by targeting the CatSper ion channel; DARE-PTB2 for the prevention and treatment of idiopathic preterm birth through inhibition of a stress response protein; DARE-LBT, a vaginal thermosetting gel formulation for the delivery of live biotherapeutics; and DARE-GML, which delivers antimicrobial glycerol monolaurate intravaginally. Daré Bioscience, Inc. was founded in 2015 and is headquartered in San Diego, California.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Sabrina Martucci Johnson
Listed since
Apr 10, 2014
Employees
23

Market position

Day range

Current $0.8199

52-week range

Current $0.8199

Open
$0.80
Previous close
$0.8092
Volume
347.65K
0.85× average
Average volume
408.6K
Average daily volume
Market cap
12.28M USD
Beta
1.06
Market reference 1
50-day average
$1.6241
-49.52% below average
200-day average
$1.8731
-56.23% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
193.69M USD
P/E (TTM)
-1.04×
P/B (TTM)
-21.8×
P/S (TTM)
8.99×
EV / EBITDA
-18.58×
Earnings yield
-6.21%
Free cash flow yield
-4.76%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-89.45%
Operating margin
-813.38%
Net margin
-804.37%
Return on equity
-471.37%
Return on assets
-41.26%
Return on invested capital
-124.50%

Financial health

Debt / equity
-12.08×
Current ratio
1.14×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23818%-72004%-167826%-263648%Gross margin, FY2022: -201.42%Gross margin, FY2023: -670.62%Gross margin, FY2024: -146110.22%Gross margin, FY2025: -137.55%Operating margin, FY2022: -313.85%Operating margin, FY2023: -1101.89%Operating margin, FY2024: -239692.20%Operating margin, FY2025: -1315.51%Net margin, FY2022: -309.48%Net margin, FY2023: -1074.17%Net margin, FY2024: -41430.90%Net margin, FY2025: -1300.66%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2022 -201.42%. Gross margin FY2023 -670.62%. Gross margin FY2024 -146110.22%. Gross margin FY2025 -137.55%. Operating margin FY2022 -313.85%. Operating margin FY2023 -1101.89%. Operating margin FY2024 -239692.20%. Operating margin FY2025 -1315.51%. Net margin FY2022 -309.48%. Net margin FY2023 -1074.17%. Net margin FY2024 -41430.90%. Net margin FY2025 -1300.66%.

Income trends

Revenue

1.03M USD+10429.36%

Operating income

−13.55M USD+42.21%

Net income

−13.4M USD-230.55%
Income trends across reported periods14.91M USD−4.72M USD−24.35M USD−43.98M USDRevenue, FY2022: 10M USDRevenue, FY2023: 2.81M USDRevenue, FY2024: 9.78K USDRevenue, FY2025: 1.03M USDOperating income, FY2021: −39.07M USDOperating income, FY2022: −31.39M USDOperating income, FY2023: −30.94M USDOperating income, FY2024: −23.45M USDOperating income, FY2025: −13.55M USDNet income, FY2021: −38.7M USDNet income, FY2022: −30.95M USDNet income, FY2023: −30.16M USDNet income, FY2024: −4.05M USDNet income, FY2025: −13.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2022 10M USD. Revenue FY2023 2.81M USD. Revenue FY2024 9.78K USD. Revenue FY2025 1.03M USD. Operating income FY2021 −39.07M USD. Operating income FY2022 −31.39M USD. Operating income FY2023 −30.94M USD. Operating income FY2024 −23.45M USD. Operating income FY2025 −13.55M USD. Net income FY2021 −38.7M USD. Net income FY2022 −30.95M USD. Net income FY2023 −30.16M USD. Net income FY2024 −4.05M USD. Net income FY2025 −13.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.03M USD9.78K USD2.81M USD10M USD
Cost of goods sold2.45M USD14.31M USD21.64M USD30.14M USD100K USD
Gross profit−1.42M USD−14.3M USD−18.83M USD−20.14M USD−100K USD
Research and development5.52B USD14.21M USD21.54M USD30.04M USD30.62M USD
Selling, general, and administrative8.76M USD9.16M USD11.91M USD11.24M USD8.35M USD
Operating expenses12.14M USD9.16M USD12.11M USD11.24M USD38.97M USD
Interest income679.74K USD
Interest expense822.71K USD
Depreciation and amortization2.15M USD42.33K USD38.36K USD24.2K USD26.41K USD
Operating income−13.55M USD−23.45M USD−30.94M USD−31.39M USD−39.07M USD
Net income−13.4M USD−4.05M USD−30.16M USD−30.95M USD−38.7M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

6 ratings
Strong buy00%
Buy6100%
Hold00%
Sell00%
Strong sell00%

Recent analyst actions

4 institutions
Jones TradingmaintainBuy

DARE peers

ETFs holding DARE

Funds reporting this stock among their holdings, ordered by reported position size.

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