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ASNDAscendis Pharma A/S
$266.97$16.5B
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ASND logoAscendis Pharma A/S(ASND)Earnings, Financials & Key Ratios

ASND•NASDAQ
$266.97
Price updated Jul 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryCommercial Rare Disease Biopharma
AboutAscendis Pharma A/S, a biopharmaceutical company, focuses on developing therapeutics for unmet medical needs. The company offers SKYTROFA for treating patients with growth hormone deficiency (GHD). It also develops TransCon Growth Hormone (hGH) for pediatric GHD in Japan; TransCon hGH for adults with GHD; TransCon parathyroid hormone for adult hypoparathyroidism; and TransCon CNP for pediatric achondroplasia. In addition, the company develops TransCon toll like receptors 7/8 agonist for intratumoral delivery; and TransCon IL-2 ß/g for systemic delivery. The company was incorporated in 2006 and is headquartered in Hellerup, Denmark.Show more
  • Revenue$692M+90.2%
  • EBITDA-$114M+56.4%
  • Net Income-$219M+42.1%
  • EPS (Diluted)-3.62+44.6%
  • Gross Margin85.08%-3.1%
  • EBITDA Margin-16.47%+77.1%
  • Operating Margin-18.92%+75.3%
  • Net Margin-31.67%+69.5%

ASND Price & Volume

Ascendis Pharma A/S (ASND) stock price & volume — 10-year historical chart

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Commercial Scaling Masks Underlying Cash Flow Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Strained
Cash Flow:Improving
Primary Risk:Commercial execution and dilution

Key Thesis Takeaways

  • Ascendis Pharma is successfully transitioning into a commercial-stage entity, evidenced by a 148.3% revenue growth rate in 2026Q1 and the achievement of $25.2M in quarterly operating income.
  • However, investors should remain cautious as the company's $897.6M debt load and a 1.00 current ratio indicate a constrained liquidity profile that necessitates disciplined capital management.
  • While the proprietary TransCon platform supports robust 91.4% gross margins, the disconnect between $639.7M in reported net income and negative $7.8M in operating cash flow suggests that non-operating items currently obscure the firm's true underlying profitability.

Verdict Logic

while the company is demonstrating rapid commercial adoption with 148.3% revenue growth, the reliance on $897.6M in debt and the volatility in cash conversion warrant a wait-and-see approach until operational cash flow consistently supports the business model.

ASND Growth Metrics

Ascendis Pharma A/S (ASND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years55.97%
5 Years150.93%
3 Years138.21%
TTM135.29%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM248.27%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM229.73%

Return on Capital

10 Years-80.27%
5 Years-106.73%
3 Years-134.54%
Last Year-51.87%

ASND Recent Earnings

Ascendis Pharma A/S (ASND) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.32+70.6%
$0.19
Rev
$285M-7.8%
$309M
Q1 2026
Feb 11, 2026
Metric
Actual
Est
EPS
$0.64-966.7%
$0.06
Rev
$345M+18.0%
$292M
Q4 2025
Nov 12, 2025
Metric
Actual
Est
EPS
$1.17-185.4%
$0.41
Rev
$250M-17.3%
$303M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.93+34.5%
$1.42
Rev
$186M-20.2%
$233M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.32vs $0.19+70.6%
$285Mvs $309M-7.8%
Q1 2026Feb 11, 2026
$0.64vs $0.06-966.7%
$345Mvs $292M+18.0%
Q4 2025Nov 12, 2025
$1.17vs $0.41-185.4%
$250Mvs $303M-17.3%
Q3 2025Aug 7, 2025
$0.93vs $1.42+34.5%
$186Mvs $233M-20.2%
Based on last 12 quarters of dataView full earnings history →

Latest ASND News

Recent stock market news and headlines for Ascendis Pharma A/S (ASND)

GlobeNewsWire·Jun 26, 2026
Ascendis Joins Multiple Russell U.S. Indexes, Including the Russell 3000®, Russell 1000®, Russell 2500® and Russell Midcap®

COPENHAGEN, Denmark, June 26, 2026 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced that the Company has been added to the broad-market Russell 3000® Index, the large-cap Russell 1000® Index, the small-to-mid-cap Russell 2500® Index, and the Russell Midcap® Index as a part of the 2026 Russell U.S. Indexes semi-annual reconstitution, effective at the close of U.S. equity markets on June 26, 2026.

Zacks Investment Research·Jun 26, 2026
Ascendis Pharma (ASND) Moves 9.9% Higher: Will This Strength Last?

Ascendis Pharma (ASND) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

GlobeNewsWire·Jun 25, 2026
Ascendis to Showcase Advances in Treatment of Achondroplasia at ICCBH 2026

COPENHAGEN, Denmark, June 25, 2026 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced that the latest data from its clinical development programs for the treatment of children with achondroplasia will be shared in an oral presentation and two posters at ICCBH 2026, the 12th International Conference on Children's Bone Health being held in Montreal from June 27-30. The data include an oral presentation of Week 104 data showing improvements in lower-extremity alignment from the recently completed pivotal ApproaCH Trial of TransCon® CNP (navepegritide) by Leanne Ward, M.D., Professor of Pediatrics in the Faculty of Medicine at the University of Ottawa (Canada), as well as a late-breaking poster of radiographic and anthropometric data from Week 52 of the COACH Trial of combination therapy with TransCon CNP and TransCon hGH (lonapegsomatropin).

Peers Comparison

Key metrics vs top competitors for Ascendis Pharma A/S (ASND)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ASND logoASNDAscendis Pharma A/SCurrent
$266.97$16.49B-64.5490.22%-31.67%——
IONS logoIONSIonis Pharmaceuticals, Inc.
$86.33$14.27B-36.2733.87%-30.87%-58.57%—
INCY logoINCYIncyte Corporation
$118.05$23.58B18.4221.22%26.71%29.31%—
ALKS logoALKSAlkermes plc
$55.22$9.2B38.62-5.25%9.78%8.82%—
JAZZ logoJAZZJazz Pharmaceuticals plc
$247.72$15.54B-42.424.88%0.66%0.71%—
ACAD logoACADACADIA Pharmaceuticals Inc.
$26.20$4.49B11.4411.87%34.3%35.65%—

Compare ASND vs Peers

Ascendis Pharma A/S (ASND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IONS

Most directly comparable listed peer for ASND.

Scale Benchmark

vs LLY

Larger-name benchmark to compare ASND against a more recognizable public peer.

Peer Set

Compare Top 5

vs IONS, INCY, ALKS, JAZZ

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ASND Frequently Asked Questions

Ascendis Pharma A/S (ASND) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ascendis Pharma A/S's revenue?

Ascendis Pharma A/S (ASND) reported $867.5M in revenue for fiscal year 2025. This represents a 5467% increase from $15.6M in 2012.

How fast is Ascendis Pharma A/S growing?

Ascendis Pharma A/S (ASND) grew revenue by 90.2% over the past year. This is strong growth.

Is ASND profitable?

Yes, Ascendis Pharma A/S (ASND) is profitable, generating $506.6M in net income for fiscal year 2025 (-31.7% net margin).

Dividend & Returns
What is Ascendis Pharma A/S's free cash flow?

Ascendis Pharma A/S (ASND) generated $42.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in ASND back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →