Corcept Therapeutics Incorporated (CORT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 164.9M | 202.13M | 207.64M | 194.43M | 157.21M | 181.89M | 182.55M | 163.8M | 146.81M | 135.41M | 123.6M | 117.72M | 105.65M | 103.06M | 101.73M | 103.39M | 93.69M | 98.82M | 96.13M | 91.59M |
| Revenue Growth % | 4.89% | 11.12% | 13.75% | 18.7% | 7.09% | 34.33% | 47.69% | 39.15% | 38.95% | 31.39% | 21.5% | 13.86% | 12.77% | 4.28% | 5.82% | 12.88% | 17.94% | 15.26% | 11.36% | 3.41% |
| Cost of Goods Sold | 2.88M | 2.54M | 4.6M | 3.43M | 2.4M | 2.96M | 2.87M | 2.52M | 2.54M | 1.88M | 1.65M | 1.57M | 1.39M | 1.48M | 1.34M | 1.32M | 1.25M | 1.35M | 1.27M | 1.38M |
| COGS % of Revenue | 1.75% | 1.26% | 2.21% | 1.77% | 1.53% | 1.63% | 1.57% | 1.54% | 1.73% | 1.39% | 1.33% | 1.34% | 1.31% | 1.44% | 1.32% | 1.27% | 1.33% | 1.37% | 1.33% | 1.51% |
| Gross Profit | 162.02M | 199.58M | 203.04M | 191M | 154.81M | 178.93M | 179.68M | 161.27M | 144.27M | 133.53M | 121.96M | 116.14M | 104.27M | 101.58M | 100.39M | 102.07M | 92.44M | 97.47M | 94.86M | 90.2M |
| Gross Margin % | 98.25% | 98.74% | 97.79% | 98.23% | 98.47% | 98.37% | 98.43% | 98.46% | 98.27% | 98.61% | 98.67% | 98.66% | 98.69% | 98.56% | 98.68% | 98.73% | 98.67% | 98.63% | 98.67% | 98.49% |
| Gross Profit Growth % | 4.66% | 11.54% | 13% | 18.43% | 7.3% | 34% | 47.33% | 38.86% | 38.37% | 31.46% | 21.48% | 13.79% | 12.8% | 4.21% | 5.83% | 13.15% | 18.25% | 15.37% | 11.45% | 3.29% |
| Operating Expenses | 211.62M | 195.09M | 192.82M | 164.32M | 151.4M | 153.67M | 133.08M | 125.68M | 114.77M | 101.86M | 90.78M | 86.56M | 89.42M | 79.08M | 68.45M | 70.64M | 65.67M | 60.8M | 58.62M | 58.26M |
| OpEx % of Revenue | 128.33% | 96.52% | 92.86% | 84.51% | 96.3% | 84.49% | 72.9% | 76.73% | 78.18% | 75.23% | 73.45% | 73.53% | 84.63% | 76.73% | 67.29% | 68.32% | 70.09% | 61.53% | 60.98% | 63.61% |
| Selling, General & Admin | 145.36M | 130.24M | 123.98M | 103.85M | 90.66M | 83.37M | 73.75M | 66.94M | 56.27M | 47.15M | 45.26M | 43.28M | 48.56M | 42.32M | 35.16M | 37.81M | 37.55M | 32.28M | 30.53M | 30.03M |
| SG&A % of Revenue | 88.15% | 64.43% | 59.71% | 53.41% | 57.67% | 45.84% | 40.4% | 40.86% | 38.33% | 34.82% | 36.62% | 36.77% | 45.97% | 41.07% | 34.57% | 36.57% | 40.08% | 32.67% | 31.76% | 32.79% |
| Research & Development | 66.27M | 64.86M | 68.85M | 60.47M | 60.73M | 70.3M | 59.34M | 58.74M | 58.51M | 54.71M | 45.52M | 43.28M | 40.85M | 36.75M | 33.29M | 32.83M | 28.12M | 28.52M | 28.09M | 28.23M |
| R&D % of Revenue | 40.18% | 32.09% | 33.16% | 31.1% | 38.63% | 38.65% | 32.5% | 35.86% | 39.85% | 40.4% | 36.83% | 36.76% | 38.66% | 35.66% | 32.73% | 31.75% | 30.01% | 28.86% | 29.22% | 30.83% |
| Other Operating Expenses | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 500K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -49.6M | 4.49M | 10.22M | 26.68M | 3.42M | 25.26M | 46.6M | 35.59M | 29.5M | 31.67M | 31.18M | 29.58M | 14.85M | 22.5M | 31.93M | 31.43M | 26.77M | 36.66M | 36.23M | 31.94M |
| Operating Margin % | -30.08% | 2.22% | 4.92% | 13.72% | 2.17% | 13.89% | 25.53% | 21.73% | 20.09% | 23.39% | 25.22% | 25.13% | 14.06% | 21.83% | 31.39% | 30.4% | 28.57% | 37.1% | 37.69% | 34.88% |
| Operating Income Growth % | -1552.02% | -82.24% | -78.07% | -25.05% | -88.42% | -20.23% | 49.46% | 20.31% | 98.61% | 40.76% | -2.37% | -5.88% | -44.51% | -38.63% | -11.86% | -1.6% | 36.31% | 20.17% | 46.58% | -9.41% |
| EBITDA | -49.6M | 4.97M | 10.7M | 27.14M | 3.88M | 25.72M | 47.1M | 35.85M | 29.62M | 32.24M | 31.47M | 29.89M | 15.14M | 23.25M | 32.69M | 32.1M | 27.57M | 37.46M | 37M | 32.7M |
| EBITDA Margin % | -30.08% | 2.46% | 5.15% | 13.96% | 2.47% | 14.14% | 25.8% | 21.89% | 20.18% | 23.81% | 25.46% | 25.39% | 14.33% | 22.56% | 32.13% | 31.05% | 29.43% | 37.91% | 38.49% | 35.7% |
| EBITDA Growth % | -1379.04% | -80.68% | -77.29% | -24.28% | -86.91% | -20.22% | 49.68% | 19.94% | 95.59% | 38.69% | -3.73% | -6.89% | -45.07% | -37.95% | -11.67% | -1.83% | 35.28% | 20.56% | 46.36% | -8.59% |
| D&A (Non-Cash Add-back) | 0 | 482K | 477K | 469K | 462K | 460K | 499K | 257K | 120K | 572K | 289K | 305K | 291K | 747K | 752K | 668K | 802K | 797K | 771K | 756K |
| EBIT | -49.6M | 4.49M | 10.22M | 26.68M | 3.42M | 25.26M | 46.6M | 41.6M | 29.5M | 31.67M | 31.18M | 29.58M | 14.85M | 22.5M | 31.93M | 31.43M | 26.77M | 36.66M | 36.23M | 31.94M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 6.7M | 6.34M | 6M | 5.49M | 5.14M | 5.21M | 3.35M | 3.58M | 1.78M | 1.07M | 630K | 80K | 72K | 72K | 110K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 6.7M | 6.34M | 6M | 5.49M | 5.14M | 5.21M | 3.35M | 3.58M | 1.78M | 1.07M | 630K | 80K | 72K | 72K | 110K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 4.89M | 5.42M | 5.02M | 5.02M | 6.2M | 6.7M | 6.34M | 6M | 5.49M | 5.14M | 5.21M | 3.35M | 3.58M | 1.78M | 1.07M | 630K | 80K | 72K | 72K | 110K |
| Pretax Income | -44.72M | 9.91M | 15.24M | 31.69M | 9.62M | 31.96M | 52.94M | 41.6M | 34.99M | 36.81M | 36.38M | 32.93M | 18.43M | 24.28M | 33M | 32.06M | 26.85M | 36.74M | 36.3M | 32.05M |
| Pretax Margin % | -27.12% | 4.9% | 7.34% | 16.3% | 6.12% | 17.57% | 29% | 25.39% | 23.84% | 27.18% | 29.44% | 27.97% | 17.45% | 23.56% | 32.44% | 31.01% | 28.66% | 37.17% | 37.77% | 35% |
| Income Tax | -13.51M | -14.38M | -4.42M | -3.46M | -10.93M | 1.21M | 5.73M | 6.11M | 7.23M | 5.45M | 5.01M | 5.4M | 2.56M | 7.67M | -1.6M | 4.65M | 4.05M | 4.68M | 5.83M | 5.53M |
| Effective Tax Rate % | 30.22% | -145.09% | -29.03% | -10.91% | -113.63% | 3.8% | 10.82% | 14.68% | 20.66% | 14.82% | 13.76% | 16.4% | 13.86% | 31.62% | -4.86% | 14.5% | 15.09% | 12.75% | 16.07% | 17.25% |
| Net Income | -31.2M | 24.29M | 19.67M | 35.15M | 20.55M | 30.39M | 46.69M | 35.49M | 27.76M | 31.36M | 31.38M | 27.53M | 15.88M | 16.6M | 34.61M | 27.41M | 22.8M | 32.05M | 30.47M | 26.52M |
| Net Margin % | -18.92% | 12.02% | 9.47% | 18.08% | 13.07% | 16.71% | 25.58% | 21.67% | 18.91% | 23.16% | 25.39% | 23.39% | 15.03% | 16.11% | 34.02% | 26.51% | 24.33% | 32.44% | 31.7% | 28.96% |
| Net Income Growth % | -251.86% | -20.08% | -57.88% | -0.96% | -25.99% | -3.08% | 48.8% | 28.92% | 74.83% | 88.87% | -9.33% | 0.42% | -30.35% | -48.21% | 13.58% | 3.35% | -2.85% | 23.31% | 40.91% | -6.37% |
| Net Income (Continuing) | -31.2M | 24.29M | 19.67M | 35.15M | 20.55M | 30.75M | 47.21M | 35.49M | 27.76M | 31.36M | 31.38M | 27.53M | 15.88M | 16.6M | 34.61M | 27.41M | 22.8M | 32.05M | 30.47M | 26.52M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.30 | 0.20 | 0.16 | 0.29 | 0.17 | 0.26 | 0.41 | 0.32 | 0.25 | 0.28 | 0.28 | 0.25 | 0.14 | 0.14 | 0.30 | 0.24 | 0.20 | 0.26 | 0.24 | 0.21 |
| EPS Growth % | -276.47% | -23.08% | -60.98% | -9.38% | -32% | -7.14% | 46.43% | 28% | 78.57% | 100% | -6.67% | 4.17% | -30% | -46.15% | 25% | 14.29% | 11.11% | 30% | 41.18% | -8.7% |
| EPS (Basic) | -0.30 | 0.23 | 0.19 | 0.33 | 0.19 | 0.29 | 0.45 | 0.34 | 0.27 | 0.30 | 0.31 | 0.27 | 0.15 | 0.15 | 0.30 | 0.24 | 0.20 | 0.28 | 0.26 | 0.23 |
| Diluted Shares Outstanding | 104.44M | 119.86M | 119.44M | 120.48M | 119.82M | 118.46M | 113.72M | 111.24M | 109.92M | 110.89M | 111.1M | 109.59M | 115.42M | 116.33M | 116.62M | 115.4M | 115.04M | 122.43M | 125.14M | 126.68M |
| Basic Shares Outstanding | 104.44M | 103.69M | 103.55M | 104.11M | 104.11M | 103.64M | 103.37M | 103.12M | 102.79M | 102.45M | 102.01M | 101.96M | 107.89M | 107.7M | 115.17M | 114.16M | 113.98M | 113.74M | 115.79M | 116.29M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |