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TBPHTheravance Biopharma, Inc.
$16.98$875M
Overview & Verdict
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TBPH logoTheravance Biopharma, Inc.(TBPH)Earnings, Financials & Key Ratios

TBPH•NASDAQ
$16.98
8.2× P/E·Price updated Jul 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryCommercial Specialty Pharma
AboutTheravance Biopharma, Inc., a biopharmaceutical company, discovers, develops, and commercializes respiratory medicines in the United States, Europe, and Asia. The company offers YUPELRI, a once-daily, nebulized long-acting muscarinic antagonist used for the treatment of chronic obstructive pulmonary disease (COPD). Its product portfolio also include Izencitinib, a gut-selective pan-janus kinase (JAK) inhibitor that is in Phase IIb/III clinical trials for the treatment of rheumatoid arthritis, myelofibrosis, and ulcerative colitis, as well as for a range of inflammatory intestinal diseases, including ulcerative colitis and Crohn's disease. In addition, the company's product portfolio comprise Ampreloxetine, an investigational norepinephrine reuptake inhibitor that has completed Phase III study for neurogenic orthostatic hypotension; Nezulcitinib, a lung-selective, nebulized JAK inhibitor, which is in Phase II clinical development for the potential treatment of hospitalized patients with acute lung injury caused by COVID-19; Inhaled ALK5i, a potential inhaled anti-fibrotic agent that is in Phase I for the treatment of idiopathic pulmonary fibrosis; and TD-5202, an investigational, orally administered, gut-selective, irreversible JAK3 inhibitor that is in Phase I clinical study for treatment of inflammatory intestinal diseases. Further, it offers TRELEGY for the treatment of COPD and asthma; Velusetrag, an oral and investigational medicine for gastrointestinal motility disorders; and Selective 5-HT4 Agonist for treatment of gastrointestinal motility disorders. It has a licensing and collaboration agreements with Pfizer Inc., Viatris Inc., Janssen Biotech, Inc., Alfasigma S.p.A, and Takeda Pharmaceutical Company Limited. Theravance Biopharma, Inc. was incorporated in 2013 and is based in George Town, the Cayman Islands.Show more
  • Revenue$107M+66.9%
  • EBITDA-$8M+82.2%
  • Net Income$106M+287.7%
  • EPS (Diluted)2.06+279.1%
  • Gross Margin94.87%-5.1%
  • EBITDA Margin-7.19%+89.3%
  • Operating Margin-12.33%+83.1%
  • Net Margin98.54%+212.4%
  • ROE44.85%+254.4%

TBPH Price & Volume

Theravance Biopharma, Inc. (TBPH) stock price & volume — 10-year historical chart

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Non-Recurring Gains Mask Underlying Operational Volatility

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Binary Clinical Trial Dependency

Key Thesis Takeaways

  • Theravance Biopharma's financial profile is heavily distorted by non-recurring royalty divestments and accounting volatility, which obscures the lack of consistent organic growth in its core respiratory portfolio.
  • While the company maintains a cash position of $288.1 million as of 2026Q1, the reliance on asset monetization to fund operations and share repurchases raises significant concerns regarding long-term sustainability.
  • Investors should remain cautious as the firm's valuation remains tethered to intangible clinical assets rather than stable, recurring operational cash flows.

Verdict Logic

the company's reliance on non-recurring items to offset persistent operational losses and the massive $864.6 million accumulated deficit suggest that the current valuation of 8.46x P/S may not be supported by sustainable, organic cash generation.

TBPH Growth Metrics

Theravance Biopharma, Inc. (TBPH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.82%
5 Years8.38%
3 Years27.91%
TTM68.2%

Profit CAGR

10 Years-
5 Years-
3 Years-50.48%
TTM296.36%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM286.76%

Return on Capital

10 Years-44.02%
5 Years-25.54%
3 Years-9.75%
Last Year-3.44%

TBPH Recent Earnings

Theravance Biopharma, Inc. (TBPH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.10-443.6%
$0.03
Rev
$18M-0.5%
$18M
Q2 2026
Mar 19, 2026
Metric
Actual
Est
EPS
$0.06-86.4%
$0.44
Rev
$46M-18.9%
$57M
Q4 2025
Nov 10, 2025
Metric
Actual
Est
EPS
$0.04+233.3%
$0.03
Rev
$20M-53.6%
$43M
Q3 2025
Aug 12, 2025
Metric
Actual
Est
EPS
$0.08+42.9%
$0.14
Rev
$26M+39.9%
$19M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.10vs $0.03-443.6%
$18Mvs $18M-0.5%
Q2 2026Mar 19, 2026
$0.06vs $0.44-86.4%
$46Mvs $57M-18.9%
Q4 2025Nov 10, 2025
$0.04vs $0.03+233.3%
$20Mvs $43M-53.6%
Q3 2025Aug 12, 2025
$0.08vs $0.14+42.9%
$26Mvs $19M+39.9%
Based on last 12 quarters of dataView full earnings history →

Latest TBPH News

Recent stock market news and headlines for Theravance Biopharma, Inc. (TBPH)

Seeking Alpha·Jul 1, 2026
Here's Why Zymeworks Inc. Paid $929M For Theravance Biopharma

Zymeworks Inc. acquires Theravance Biopharma for $929M, pivoting to a hybrid biotech and royalty/cash-flow platform anchored by Yupelri. ZYME gains durable, growing cash flows—$60M annually from Yupelri—with patent protection to 2039, supporting internal R&D and reducing reliance on equity issuance. The acquisition's innovative financing structure ringfences risk, offers immediate accretion, and diversifies revenue beyond oncology, enhancing earnings visibility.

Zacks Investment Research·Jun 30, 2026
Theravance Stock Down 3% After Zymeworks Announces Buyout

TBPH falls after agreeing to a $929 million all-cash acquisition by Zymeworks, following a strategic review triggered by its failed ampreloxetine program.

GuruFocus·Jun 29, 2026
Are IRDM, TBPH, SYNA, TECH Obtaining Fair Deals for their Shareholders?

Are IRDM, TBPH, SYNA, TECH Obtaining Fair Deals for their Shareholders? PR Newswire NEW YORK, June 29, 2026

PRNewsWire·Jun 29, 2026
Are IRDM, TBPH, SYNA, TECH Obtaining Fair Deals for their Shareholders?

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws

Reuters·Jun 29, 2026
Zymeworks strikes $929 million deal for Theravance Biopharma

Drugmaker ​Zymeworks ‌said ​on ​Monday ⁠it ​will ​buy ​Theravance ​Biopharma in ‌a $929 ⁠million ​deal.

Peers Comparison

Key metrics vs top competitors for Theravance Biopharma, Inc. (TBPH)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TBPH logoTBPHTheravance Biopharma, Inc.Current
$16.98$875.37M8.2466.92%98.54%44.85%—
INVA logoINVAInnoviva, Inc.
$22.25$1.64B6.7418.52%118.91%47.59%—
PRGO logoPRGOPerrigo Company plc
$11.19$1.55B-1.09-2.75%-43.5%-50.65%—
SUPN logoSUPNSupernus Pharmaceuticals, Inc.
$47.41$2.73B-69.728.63%-3.74%-2.73%—
PCRX logoPCRXPacira BioSciences, Inc.
$25.82$1.02B161.383.63%1.27%1.31%—
INSM logoINSMInsmed Incorporated
$112.84$24.46B-17.6066.73%-144.44%-130.11%—

Compare TBPH vs Peers

Theravance Biopharma, Inc. (TBPH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs INVA

Most directly comparable listed peer for TBPH.

Scale Benchmark

vs JNJ

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

Peer Set

Compare Top 5

vs INVA, PRGO, SUPN, PCRX

TBPH SEC Filings & Documents

Theravance Biopharma, Inc. (TBPH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Mar 30, 2026·SEC

Material company update

Mar 19, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 23, 2026·SEC

FY 2025

Mar 7, 2025·SEC

FY 2024

Mar 1, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 12, 2025·SEC

FY 2025

Aug 13, 2025·SEC

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TBPH Frequently Asked Questions

Theravance Biopharma, Inc. (TBPH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Theravance Biopharma, Inc.'s revenue?

Theravance Biopharma, Inc. (TBPH) reported $109.8M in revenue for fiscal year 2025. This represents a 639% increase from $14.9M in 2011.

How fast is Theravance Biopharma, Inc. growing?

Theravance Biopharma, Inc. (TBPH) grew revenue by 66.9% over the past year. This is strong growth.

Is TBPH profitable?

Yes, Theravance Biopharma, Inc. (TBPH) is profitable, generating $114.5M in net income for fiscal year 2025 (98.5% net margin).

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

Theravance Biopharma, Inc. (TBPH) has a return on equity (ROE) of 44.8%. This is excellent, indicating efficient use of shareholder capital.

What is Theravance Biopharma, Inc.'s free cash flow?

Theravance Biopharma, Inc. (TBPH) generated $268.7M 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 TBPH back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →