Net (Loss) Income Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income (loss) Per Share

The following is a calculation of the basic and diluted net (loss) income per share (in thousands, except share and per share data):

	Years ended December 31,
	2023		2022		2021
Net (loss) income attributable to Vir	$	(615,061)	$	515,837	$	528,584
Weighted-average shares outstanding, basic	134,130,924		132,606,767		129,884,967
Weighted-average effect of dilutive securities:
Options to purchase common stock	—		2,130,212		3,513,438
Restricted shares subject to future vesting	—		73,851		35,488
Shares to purchase under Employee Stock Purchase Plan	—		78		—
Contingently issuable shares	—		—		3,233
Weighted-average shares outstanding, diluted	134,130,924		134,810,908		133,437,126
Net (loss) income attributable to Vir per share, basic	$	(4.59)	$	3.89	$	4.07
Net (loss) income attributable to Vir per share, diluted	$	(4.59)	$	3.83	$	3.96

Schedule of Potentially Dilutive Securities Not Included in the Diluted Per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

	As of December 31,
	2023	2022	2021
Options issued and outstanding	11,124,181	8,853,734	5,764,308
Restricted shares subject to future vesting	5,260,229	2,646,748	1,088,304
Total	16,384,410	11,500,482	6,852,612