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CORTCorcept Therapeutics Incorporated
$91.61$9.8B
Overview & Verdict
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CORT logoCorcept Therapeutics Incorporated(CORT)Earnings, Financials & Key Ratios

CORT•NASDAQ
$91.61
111.7× P/E·Price updated Jul 6, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryCommercial Rare Disease Biopharma
AboutCorcept Therapeutics Incorporated discovers, develops, and commercializes drugs for the treatment of severe metabolic, oncologic, and neuropsychiatric disorders in the United States. The company offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. It is developing relacorilant to treat patients with Cushing's syndrome; and nab-paclitaxel in combination with relacorilant, which has completed Phase II clinical trial to treat patients with advanced ovarian tumors, as well as for the treatment of cortisol excess. The company is also developing selective cortisol modulator to treat patients with metastatic castration-resistant prostate cancer; selective cortisol modulator for the treatment of antipsychotic-induced weight gain and other disorders; and FKBP5 gene expression assays. Corcept Therapeutics Incorporated was incorporated in 1998 and is headquartered in Menlo Park, California.Show more
  • Revenue$761M+12.8%
  • EBITDA$47M-66.2%
  • Net Income$100M-28.7%
  • EPS (Diluted)0.82-33.3%
  • Gross Margin98.3%
  • EBITDA Margin6.13%-70.1%
  • Operating Margin5.88%-71.0%
  • Net Margin13.09%-36.8%
  • ROE15.01%-36.3%

CORT Price & Volume

Corcept Therapeutics Incorporated (CORT) stock price & volume — 10-year historical chart

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Decelerating Growth Strains Corcept's Operating Margin Profile

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Decelerating
Profitability:Strained
Financial:Fortress
Cash Flow:Deteriorating
Primary Risk:Generic entry patent litigation

Key Thesis Takeaways

  • Corcept Therapeutics faces a challenging transition as revenue growth has decelerated to 4.9% in 2026Q1, highlighting the limitations of its orphan drug franchise.
  • While the company maintains a fortress-like balance sheet with a 0.02 debt-to-equity ratio, the shift toward negative operating margins of -30.1% suggests that rising legal and commercialization costs are outpacing core product profitability.
  • Investors should monitor the sustainability of this capital-intensive model as the company navigates ongoing patent litigation and the potential for generic market entry.

Verdict Logic

the company's transition to a -10.3% free cash flow margin and a -30.1% operating margin in 2026Q1 suggests that current spending levels are unsustainable relative to the slowing revenue growth.

CORT Growth Metrics

Corcept Therapeutics Incorporated (CORT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years31.23%
5 Years16.56%
3 Years23.74%
TTM12.2%

Profit CAGR

10 Years-
5 Years-1.23%
3 Years-0.58%
TTM-64.01%

EPS CAGR

10 Years-
5 Years-0.72%
3 Years-1.95%
TTM-69.83%

Return on Capital

10 Years27.78%
5 Years20.59%
3 Years16.64%
Last Year6.54%

CORT Recent Earnings

Corcept Therapeutics Incorporated (CORT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
Apr 30, 2026
Metric
Actual
Est
EPS
$0.30-111.3%
$0.14
Rev
$165M-11.0%
$185M
Q1 2026
Feb 24, 2026
Metric
Actual
Est
EPS
$0.20-39.4%
$0.33
Rev
$202M-20.7%
$255M
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.16-11.1%
$0.18
Rev
$208M-18.7%
$255M
Q3 2025
Jul 31, 2025
Metric
Actual
Est
EPS
$0.29+26.1%
$0.23
Rev
$194M-20.5%
$245M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$0.30vs $0.14-111.3%
$165Mvs $185M-11.0%
Q1 2026Feb 24, 2026
$0.20vs $0.33-39.4%
$202Mvs $255M-20.7%
Q4 2025Nov 4, 2025
$0.16vs $0.18-11.1%
$208Mvs $255M-18.7%
Q3 2025Jul 31, 2025
$0.29vs $0.23+26.1%
$194Mvs $245M-20.5%
Based on last 12 quarters of dataView full earnings history →

Latest CORT News

Recent stock market news and headlines for Corcept Therapeutics Incorporated (CORT)

PRNewsWire·Jun 25, 2026
Kuehn Law Encourages Investors of Corcept Therapeutics Incorporated to Contact Law Firm

NEW YORK, June 25, 2026 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Corcept Therapeutics Incorporated (NASDAQ: CORT)  breached their fiduciary duties to shareholders.  According to a federal securities lawsuit, Corcept Therapeutics Incorporated failed to disclose adverse facts concerning potential FDA approval of one of the Company's lead new product candidates, relacorilant, a medication being developed for multiple indications, including the treatment of hypercortisolism, or Cushing's syndrome.

Zacks Investment Research·Jun 18, 2026
Corcept Resubmits NDA for Relacorilant in Cushing's Syndrome

CORT resubmits relacorilant NDA for Cushing's syndrome, with updated analyses and data from multiple clinical studies supporting the filing.

GlobeNewsWire·Jun 18, 2026
Kuehn Law Encourages Investors of Corcept Therapeutics Incorporated to Contact Law Firm

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Corcept Therapeutics Incorporated (NASDAQ: CORT) breached their fiduciary duties to shareholders.

Business Wire·Jun 17, 2026
Corcept Resubmits New Drug Application for Relacorilant as a Treatment for Patients with Cushing's Syndrome

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinologic, oncologic, metabolic and neurologic disorders by modulating the effects of the hormone cortisol, today announced it has resubmitted its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for relacorilant as a treatment for patients with Cushing's syndrome.As requested by t.

Newsfile Corp·Jun 16, 2026
Kuehn Law Encourages Investors of Corcept Therapeutics Incorporated to Contact Law Firm

New York, New York--(Newsfile Corp. - June 16, 2026) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Corcept Therapeutics Incorporated (NASDAQ: CORT) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Corcept Therapeutics Incorporated failed to disclose adverse facts concerning potential FDA approval of one of the Company's lead new product candidates, relacorilant, a medication being developed for multiple indications, including the treatment of hypercortisolism, or Cushing's syndrome.

Peers Comparison

Key metrics vs top competitors for Corcept Therapeutics Incorporated (CORT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CORT logoCORTCorcept Therapeutics IncorporatedCurrent
$91.61$9.83B111.7212.79%13.09%15.01%—
INVA logoINVAInnoviva, Inc.
$21.82$1.61B6.6118.52%118.91%47.59%—
HRMY logoHRMYHarmony Biosciences Holdings, Inc.
$37.01$2.14B13.6621.51%16.2%17.19%—
SUPN logoSUPNSupernus Pharmaceuticals, Inc.
$47.41$2.73B-69.728.63%-3.74%-2.73%—
PRGO logoPRGOPerrigo Company plc
$11.09$1.53B-1.08-2.75%-43.5%-50.65%—
PAHC logoPAHCPhibro Animal Health Corporation
$34.13$1.38B28.6827.37%6.35%29.49%—

Compare CORT vs Peers

Corcept Therapeutics Incorporated (CORT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs INVA

Most directly comparable listed peer for CORT.

Scale Benchmark

vs CVS

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

Peer Set

Compare Top 5

vs INVA, HRMY, SUPN, PRGO

CORT SEC Filings & Documents

Corcept Therapeutics Incorporated (CORT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Mar 25, 2026·SEC

Material company update

Feb 24, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 26, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Jul 31, 2025·SEC

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CORT Frequently Asked Questions

Corcept Therapeutics Incorporated (CORT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Corcept Therapeutics Incorporated's revenue?

Corcept Therapeutics Incorporated (CORT) reported $769.1M in revenue for fiscal year 2025.

How fast is Corcept Therapeutics Incorporated growing?

Corcept Therapeutics Incorporated (CORT) grew revenue by 12.8% over the past year. This is steady growth.

Is CORT profitable?

Yes, Corcept Therapeutics Incorporated (CORT) is profitable, generating $47.9M in net income for fiscal year 2025 (13.1% net margin).

Dividend & Returns
What is CORT's return on equity?

Corcept Therapeutics Incorporated (CORT) has a return on equity (ROE) of 15.0%. This is reasonable for most industries.

What is Corcept Therapeutics Incorporated's free cash flow?

Corcept Therapeutics Incorporated (CORT) generated $119.8M 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 CORT back in 2003?

Total return calculator · dividends reinvested · 23+ years of data

See returns →