BIOMARIN PHARMACEUTICAL INC

BMRN 10-Q · Q1 2026

BMRN Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 766,208 745,145 +2.8%
Show Product Lines breakouts
ALDURAZYME 36,742 48,977 -25.0%
ALDURAZYME · Sales Channel Through Intermediary 36,742 48,977 -25.0%
BRINEURA 47,104 40,362 +16.7%
KUVAN 23,880 25,136 -5.0%
NAGLAZYME 130,074 114,290 +13.8%
PALYNZIQ 89,558 93,269 -4.0%
Product 760,078 734,644 +3.5%
Products excluding ALDURAZYME · Europe 218,836 229,578 -4.7%
Products excluding ALDURAZYME · Latin America 108,164 88,282 +22.5%
Products excluding ALDURAZYME · Rest of world 153,392 126,113 +21.6%
Products excluding ALDURAZYME · Sales Channel Directly To Consumer 723,336 685,667 +5.5%
Products excluding ALDURAZYME · US 242,944 241,694 +0.5%
ROCTAVIAN 2,636 10,510 -74.9%
Royalty and other revenues 6,130 10,501 -41.6%
VIMIZIM 210,204 188,346 +11.6%
VOXZOGO 219,880 213,754 +2.9%
Show Business Segments breakouts
Reportable Segment 766,208 745,145 +2.8%
Cost of Revenue 194,999 151,558 +28.7%
Show Business Segments breakouts
Reportable Segment 194,999 151,558 +28.7%
Total Costs & Expenses 636,568 521,252 +22.1%
Research & Development 178,796 158,731 +12.6%
Show Product Lines breakouts
Later-stage clinical programs · Reportable Segment 36,177 14,291 +153.1%
Marketed products · Reportable Segment 55,328 53,970 +2.5%
Research and early pipeline · Reportable Segment 87,291 90,470 -3.5%
Sales & Marketing (Q)
Show Business Segments breakouts
Reportable Segment 124,927 102,531 +21.8%
General & Administrative (Q)
Show Business Segments breakouts
Reportable Segment 133,363 103,585 +28.7%
Selling, General & Administrative 258,290 206,116 +25.3%
Operating Income 129,640 223,893 -42.1%
Interest Expense -14,958 -2,863 -422.5%
Interest Income 22,560 19,013 +18.7%
Income Before Taxes 141,203 238,089 -40.7%
Income Tax Expense (Benefit) 35,676 52,403 -31.9%
Comprehensive Income 114,763 143,184 -19.8%
Other Comprehensive Income 9,236 -42,502 +121.7%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent 13,007 -43,591 +129.8%
Accumulated Net Unrealized Investment Gain Loss -3,771 1,089 -446.3%
Accumulated Other Comprehensive Income 9,236 -42,502 +121.7%
EPS (Basic) 0.55 0.97 -43.3%
EPS (Diluted) 0.54 0.95 -43.2%
Wtd Avg Shares (Basic) 192,497 190,967 +0.8%
Wtd Avg Shares (Diluted) 197,671 196,474 +0.6%
Interest Expense 9,571 2,387 +301.0%
Net Income Loss Available To Common Stockholders Basic 105,527 185,686 -43.2%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 2,222,435
Accounts Receivable 903,914 739,177 +22.3%
Show Major Customers breakouts
Sanofi 152.6 105 +45.3%
Inventory 1,273,221 1,274,848 -0.1%
Other Assets Current 205,500 181,545 +13.2%
Total Current Assets 4,605,070 3,467,905 +32.8%
Non-Current Assets
Property, Plant & Equipment 958,071 1,032,613 -7.2%
Intangible Assets Net Excluding Goodwill 204,662 247,346 -17.3%
Goodwill 196,199 196,199 0.0%
Deferred Tax Assets 1,500,598 1,460,566 +2.7%
Restricted Cash Equivalents Noncurrent 850,000
Other Non-Current Assets 276,416 235,654 +17.3%
Total Assets 8,591,016 7,147,007 +20.2%
Intangible Assets 204,662 247,346 -17.3%
Current Liabilities
Accounts Payable And Accrued Liabilities Current 793,152 628,213 +26.3%
Total Current Liabilities 793,152 628,213 +26.3%
Non-Current Liabilities
Long-Term Debt 1,430,282
Show Debt Instrument breakouts
1.25% senior subordinated convertible notes due in May 2027 (the 2027 Notes) · Senior Subordinated Notes 597,689
5.5% senior unsecured notes due in February 2034 (the 2034 Notes) · Senior Notes 832,593
Other Non-Current Liabilities 155,475 129,685 +19.9%
Total Liabilities 2,378,909 1,353,548 +75.8%
Stockholders' Equity
Common Stock 193 192 +0.5%
Additional Paid In Capital Common Stock 5,966,868 5,794,302 +3.0%
Common Stock Issued Employee Stock Trust -10,450 -11,177 +6.5%
Accumulated Other Comprehensive Income -4,237 19,151 -122.1%
Retained Earnings 259,733 -9,009 +2983.0%
Total Stockholders' Equity 6,212,107 5,793,459 +7.2%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent -4,237 16,233 -126.1%
Accumulated Other Comprehensive Income -4,237 19,151 -122.1%
Additional Paid In Capital 5,966,868 5,794,302 +3.0%
Common Stock 193 192 +0.5%
Deferred Compensation Share Based Payments -10,450 -11,177 +6.5%
Retained Earnings 259,733 -9,009 +2983.0%
Total Liabilities & Equity 8,591,016 7,147,007 +20.2%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Net Income 105,527 185,686 -43.2%
Show Business Segments breakouts
Reportable Segment 105,527 185,686 -43.2%
Show Equity Components breakouts
Retained Earnings 105,527 185,686 -43.2%
Depreciation & Amortization 16,411 22,069 -25.6%
Amortization Of Financing Costs And Discounts 6,086 660 +822.1%
Accretion Amortization Of Discounts And Premiums Investments -455 -1,362 +66.6%
Stock-Based Compensation 43,458 37,700 +15.3%
Deferred Income Taxes 9,220 28,429 -67.6%
Foreign Currency Transaction Gain Loss Unrealized 6,710 -10,026 +166.9%
Other Non-Cash Items -5,374 -1,267 -324.2%
Change in Accounts Receivable -7,159 -57,590 +87.6%
Change in Inventory 44,490 -24,335 +282.8%
Increase Decrease In Other Current Assets -11,551 -6,327 -82.6%
Increase Decrease In Other Noncurrent Assets 1,484 -1,624 +191.4%
Increase Decrease In Accounts Payable And Accrued Liabilities 3,100 -2,655 +216.8%
Increase Decrease In Other Operating Liabilities 8,704 2,069 +320.7%
Net Cash from Operations 220,651 174,394 +26.5%
Investing Activities
Capital Expenditures -20,923 -16,768 -24.8%
Proceeds From Sale Maturity And Collections Of Investments 767,277 77,804 +886.2%
Payments To Acquire Investments -25,792 -89,274 +71.1%
Other Investing Activities 4,966
Net Cash from Investing 725,528 -28,238 +2669.3%
Capital Expenditures Incurred But Not Yet Paid Fixed Assets 11,200 4,470 +150.6%
Capital Expenditures Incurred But Not Yet Paid Intangible Assets 4,481
Financing Activities
Tax Withholding for Share Compensation -28,180 -38,779 +27.3%
Proceeds From Issuance Of Debt 850,000
Debt Issuance Costs -8,653
Net Cash from Financing 813,167 -38,779 +2196.9%
Amortization of Financing Costs 279 27 +933.3%
Supplemental
Income Taxes Paid 14,644 10,388 +41.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 1,410 -1,416 +199.6%
Net Change in Cash 1,760,756 105,961 +1561.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 3,072,435 1,048,803 +192.9%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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