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Evofem Biosciences, Inc. (EVFM) Stock Fundamental Analysis & AI Rating 2026

EVFM OTC Pharmaceutical Preparations DE CIK: 0001618835
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
93% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
94% Conf

📊 EVFM Key Takeaways

Revenue: $20.2M
Net Margin: 1.9%
Free Cash Flow: $-2.0M
Current Ratio: 0.18x
Debt/Equity: N/A
EPS: $0.00
AI Rating: STRONG SELL with 92% confidence
Evofem Biosciences, Inc. (EVFM) receives a STRONG SELL rating with 93% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $20.2M, net profit margin of 1.9%, Evofem Biosciences, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete EVFM stock analysis for 2026.

Is Evofem Biosciences, Inc. (EVFM) a Good Investment?

Claude

Evofem Biosciences exhibits severe financial distress with negative stockholders' equity of -$74.3M, indicating the company is technically insolvent. Despite modest revenue growth of 4.2% YoY and a 16.7% operating margin, negative operating cash flow of -$2.0M and critically low liquidity (0.18x current ratio) with only $578K in cash create an imminent solvency crisis. The company's ability to continue operations is highly questionable without immediate capital restructuring or substantial external financing.

ChatGPT

Evofem Biosciences shows a modest improvement in revenue and reported net income, but the quality of earnings appears weak because operating cash flow and free cash flow remain negative. The balance sheet is severely impaired, with negative equity, very low cash, and acute liquidity stress, which outweighs the recent profitability improvement.

Why Buy Evofem Biosciences, Inc. Stock? EVFM Key Strengths

Claude
  • + Positive net income of $391K with 42.7% YoY improvement showing path to profitability
  • + Modest revenue growth of 4.2% YoY indicating stable top-line performance
  • + Relatively strong operating margin of 16.7% demonstrating operational efficiency
ChatGPT
  • + Revenue grew 4.2% year over year, indicating some top-line stability
  • + Operating income was positive at $3.37M, with a 16.7% operating margin
  • + Net income improved 42.7% year over year, showing better reported profitability

EVFM Stock Risks: Evofem Biosciences, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$74.3M indicating technical insolvency and balance sheet distress
  • ! Critical liquidity crisis with current ratio of 0.18x and only $578K cash against $89.7M total liabilities
  • ! Severely negative operating cash flow of -$2.0M suggesting the company is burning cash and cannot sustain operations without external funding
  • ! Negative free cash flow of -$2.0M with -9.9% FCF margin indicating unsustainable business model
  • ! High leverage with $2.8M long-term debt and weak interest coverage of 1.4x
  • ! Zero insider Form 4 filings in last 90 days indicating lack of insider confidence
ChatGPT
  • ! Current ratio of 0.18x and cash of only $578K indicate severe near-term liquidity risk
  • ! Negative stockholders equity of $-74.34M reflects a deeply impaired balance sheet
  • ! Operating cash flow of -$1.99M shows earnings are not converting into cash

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory and path to positive free cash flow
  • * Cash balance and runway given current burn rate
  • * Stockholders' equity recovery and balance sheet restructuring efforts
  • * Revenue growth acceleration beyond 4.2% to support profitability scaling
ChatGPT
  • * Quarterly operating cash flow and free cash flow trend
  • * Cash balance and current liabilities coverage

Evofem Biosciences, Inc. (EVFM) Financial Metrics & Key Ratios

Revenue
$20.2M
Net Income
$391.0K
EPS (Diluted)
$0.00
Free Cash Flow
$-2.0M
Total Assets
$20.3M
Cash Position
$578.0K

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

EVFM Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 16.7%
Net Margin 1.9%
ROE N/A
ROA 1.9%
FCF Margin -9.9%

EVFM vs Healthcare Sector: How Evofem Biosciences, Inc. Compares

How Evofem Biosciences, Inc. compares to Healthcare sector averages

Net Margin
EVFM 1.9%
vs
Sector Avg 12.0%
EVFM Sector
ROE
EVFM 0.0%
vs
Sector Avg 15.0%
EVFM Sector
Current Ratio
EVFM 0.2x
vs
Sector Avg 2.0x
EVFM Sector
Debt/Equity
EVFM 0.0x
vs
Sector Avg 0.6x
EVFM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Evofem Biosciences, Inc. Stock Overvalued? EVFM Valuation Analysis 2026

Based on fundamental analysis, Evofem Biosciences, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
1.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Evofem Biosciences, Inc. Balance Sheet: EVFM Debt, Cash & Liquidity

Current Ratio
0.18x
Quick Ratio
0.17x
Debt/Equity
N/A
Debt/Assets
442.5%
Interest Coverage
1.43x
Long-term Debt
$2.8M

EVFM Revenue & Earnings Growth: 5-Year Financial Trend

EVFM 5-year financial data: Year 2023: Revenue $18.2M, Net Income -$76.7M, EPS $-167.42. Year 2024: Revenue $19.4M, Net Income $53.0M, EPS $0.05. Year 2025: Revenue $20.2M, Net Income -$8.9M, EPS $-0.11.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Evofem Biosciences, Inc.'s revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.11 indicates the company is currently unprofitable.

EVFM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.9%
Free cash flow / Revenue

EVFM Quarterly Earnings & Performance

Quarterly financial performance data for Evofem Biosciences, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $4.5M $956.0K $-0.01
Q2 2025 $4.2M -$828.0K $0.00
Q1 2025 $845.0K $956.0K $0.00
Q3 2024 $4.5M $1.4M $-0.02
Q2 2024 $2.5M $1.4M $0.00
Q1 2024 $3.6M -$2.4M $-0.16
Q3 2023 $5.1M -$2.4M $0.09
Q2 2023 $2.5M -$2.4M $-5.43

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Evofem Biosciences, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.0M
Cash generated from operations
Stock Buybacks
$18.0K
Shares repurchased (TTM)
Capital Expenditures
$5.0K
Investment in assets
Dividends Paid
$200.0K
Returned to shareholders

EVFM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Evofem Biosciences, Inc. (CIK: 0001618835)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 8-K form8-k.htm View →
Mar 11, 2026 8-K form8-k.htm View →
Mar 11, 2026 10-K form10-k.htm View →
Jan 12, 2026 8-K form8-k.htm View →
Nov 26, 2025 8-K form8-k.htm View →

Frequently Asked Questions about EVFM

What is the AI rating for EVFM?

Evofem Biosciences, Inc. (EVFM) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 93% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are EVFM's key strengths?

Claude: Positive net income of $391K with 42.7% YoY improvement showing path to profitability. Modest revenue growth of 4.2% YoY indicating stable top-line performance. ChatGPT: Revenue grew 4.2% year over year, indicating some top-line stability. Operating income was positive at $3.37M, with a 16.7% operating margin.

What are the risks of investing in EVFM?

Claude: Negative stockholders' equity of -$74.3M indicating technical insolvency and balance sheet distress. Critical liquidity crisis with current ratio of 0.18x and only $578K cash against $89.7M total liabilities. ChatGPT: Current ratio of 0.18x and cash of only $578K indicate severe near-term liquidity risk. Negative stockholders equity of $-74.34M reflects a deeply impaired balance sheet.

What is EVFM's revenue and growth?

Evofem Biosciences, Inc. reported revenue of $20.2M.

Does EVFM pay dividends?

Evofem Biosciences, Inc. pays dividends, with $0.2M distributed to shareholders in the trailing twelve months.

Where can I find EVFM SEC filings?

Official SEC filings for Evofem Biosciences, Inc. (CIK: 0001618835) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EVFM's EPS?

Evofem Biosciences, Inc. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is EVFM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Evofem Biosciences, Inc. has a STRONG SELL rating with 93% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is EVFM stock overvalued or undervalued?

Valuation metrics for EVFM: ROE of N/A (sector avg: 15%), net margin of 1.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy EVFM stock in 2026?

Our dual AI analysis gives Evofem Biosciences, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is EVFM's free cash flow?

Evofem Biosciences, Inc.'s operating cash flow is $-2.0M, with capital expenditures of $5.0K. FCF margin is -9.9%.

How does EVFM compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 1.9% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.18 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI