Galapagos N.V. (GLPG) 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 | 6.48M | 900.82M | 71.16M | 65.29M | 74.98M | 75.5M | 59.85M | 77.87M | 62.43M | -209.12M | 120.03M | 149.95M | 58.57M | 95.12M | 136.2M | 137.61M | 136.35M | 166.99M | 64.19M | 139.77M |
| Revenue Growth % | -91.36% | 1093.22% | 18.9% | -16.16% | 20.09% | 136.1% | -50.14% | -48.07% | 6.59% | -319.85% | -11.88% | 8.97% | -57.04% | -43.04% | 112.17% | -1.55% | 19.72% | 15.59% | -49.66% | 53.86% |
| Cost of Goods Sold | 4.8M | 455K | 10.85M | 4.71M | 13.73M | 112.93M | 19K | 16.56M | 2.55M | 0 | 5.7M | 4.27M | 0 | 4.14M | 116.94M | 2.63M | 102.83M | 969K | 529K | 93K |
| COGS % of Revenue | 74.05% | 0.05% | 15.24% | 7.21% | 18.31% | 149.58% | 0.03% | 21.26% | 4.08% | - | 4.75% | 2.85% | - | 4.35% | 85.86% | 1.91% | 75.42% | 0.58% | 0.82% | 0.07% |
| Gross Profit | 1.68M | 900.37M | 60.31M | 60.58M | 61.25M | -37.43M | 59.83M | 61.32M | 59.88M | -209.12M | 114.33M | 145.69M | 58.57M | 90.98M | 19.26M | 134.98M | 33.51M | 166.02M | 63.66M | 139.68M |
| Gross Margin % | 25.95% | 99.95% | 84.76% | 92.79% | 81.69% | -49.58% | 99.97% | 78.74% | 95.92% | 100% | 95.25% | 97.15% | 100% | 95.65% | 14.14% | 98.09% | 24.58% | 99.42% | 99.18% | 99.93% |
| Gross Profit Growth % | -97.25% | 2505.28% | 0.81% | -1.2% | 2.28% | 82.1% | -47.67% | -57.91% | 2.24% | -329.86% | 493.57% | 7.93% | 74.77% | -45.2% | -69.75% | -3.37% | -70.56% | 1177.46% | -50.07% | 346.77% |
| Operating Expenses | 65.39M | 141.57M | 306.74M | 117.61M | 219.96M | 25.29M | 114.14M | 99.5M | 93.02M | -139.81M | 144.56M | 156.38M | 72.77M | 223.44M | 56.84M | 211.31M | 54.66M | 507.36M | 141.86M | 186.43M |
| OpEx % of Revenue | 1008.87% | 15.72% | 431.05% | 180.14% | 293.36% | 33.5% | 190.7% | 127.77% | 148.99% | 66.86% | 120.44% | 104.28% | 124.24% | 234.91% | 41.73% | 153.56% | 40.09% | 303.83% | 220.99% | 133.38% |
| Selling, General & Admin | 35.51M | 2.94M | 34.55M | 18.8M | 43.8M | 41.25M | 46.58M | 15.83M | 30.79M | -87.92M | 84.66M | 39.41M | 27.05M | 74.68M | 68.68M | 57.67M | 62.34M | 15.95M | 35.07M | 41.66M |
| SG&A % of Revenue | 547.83% | 0.33% | 48.55% | 28.79% | 58.41% | 54.64% | 77.82% | 20.32% | 49.31% | 42.04% | 70.53% | 26.28% | 46.18% | 78.51% | 50.42% | 41.91% | 45.72% | 9.55% | 54.63% | 29.81% |
| Research & Development | 30.96M | 107.51M | 73.88M | 95.28M | 182.75M | 573.73M | 93.05M | 73.61M | 71.61M | -70.89M | 100.31M | 108.35M | 52.56M | 151.02M | 114.55M | 149.6M | 99.92M | 113.69M | 109.2M | 138.87M |
| R&D % of Revenue | 477.73% | 11.93% | 103.82% | 145.93% | 243.74% | 759.96% | 155.47% | 94.53% | 114.71% | 33.9% | 83.57% | 72.26% | 89.73% | 158.76% | 84.1% | 108.71% | 73.28% | 68.08% | 170.1% | 99.35% |
| Other Operating Expenses | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K |
| Operating Income | -63.7M | 758.8M | -246.43M | -57.03M | -158.71M | -62.72M | -54.3M | -38.18M | -33.13M | -69.31M | -30.23M | -10.69M | -14.2M | -132.46M | -37.58M | -76.33M | -21.15M | -341.34M | -78.2M | -46.75M |
| Operating Margin % | -982.92% | 84.23% | -346.29% | -87.35% | -211.68% | -83.08% | -90.74% | -49.03% | -53.07% | 33.14% | -25.19% | -7.13% | -24.24% | -139.26% | -27.59% | -55.47% | -15.51% | -204.41% | -121.82% | -33.45% |
| Operating Income Growth % | 59.86% | 1309.8% | -353.78% | -49.36% | -379.03% | 9.51% | -79.62% | -257.17% | -133.35% | 47.68% | 19.55% | 86% | 32.86% | 61.19% | 51.95% | -63.28% | 58.37% | -2105.34% | -334.87% | 46.98% |
| EBITDA | -63.7M | 560.5M | -237.98M | -101.12M | -158.71M | -53.87M | -152.76M | 60.27M | 23.19M | -65.02M | 29.82M | 16.96M | -10.54M | -110.75M | -31.7M | -73.04M | -15.63M | -335.76M | -70.14M | -30.77M |
| EBITDA Margin % | -982.92% | 62.22% | -334.43% | -154.88% | -211.68% | -71.36% | -255.24% | 77.4% | 37.14% | 31.09% | 24.85% | 11.31% | -17.99% | -116.43% | -23.27% | -53.08% | -11.46% | -201.07% | -109.27% | -22.02% |
| EBITDA Growth % | 59.86% | 1140.44% | -55.79% | -267.76% | -784.41% | 17.15% | -612.23% | 255.35% | 320.09% | 41.29% | 194.08% | 123.22% | 32.59% | 67.01% | 54.81% | -137.36% | 65.86% | -3246.53% | -286.94% | 63.08% |
| D&A (Non-Cash Add-back) | 0 | 0 | 8.44M | 0 | 0 | 8.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.71M | 5.88M | 3.29M | 5.52M | 5.59M | 8.05M | 15.98M |
| EBIT | -63.7M | 560.5M | -197.98M | -101.12M | -158.71M | -62.72M | -152.76M | 60.27M | 23.19M | -65.02M | 29.82M | 16.96M | -10.54M | -213.04M | -37.58M | -16.07M | -21.14M | 64.4M | -58.01M | -61.91M |
| Net Interest Income | 13.55M | 0 | -23.52M | 9.95M | 11.78M | 18.71M | 22.86M | 23.43M | 25.45M | 27.69M | -286.1K | 19.27M | 12.51M | 4.3M | 3.53M | 802.45K | -3.51M | -49.33M | -11.96M | -9.81M |
| Interest Income | 13.55M | 0 | 0 | 9.95M | 12.56M | 18.71M | 23.13M | 23.71M | 25.71M | 27.69M | 0 | 20.05M | 13.36M | 8.8M | 5.66M | 3.15M | 695K | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 23.52M | 0 | 780K | 0 | 275K | 285K | 254K | 0 | 286.1K | 782K | 844K | 4.5M | 2.13M | 2.34M | 4.21M | 49.33M | 11.96M | 9.81M |
| Other Income/Expense | 77.66M | 24.36M | 24.93M | -47.4M | 2.34M | 81.75M | 5.16M | 42.27M | 56.07M | 7.29M | 55.96M | 29.15M | 2.82M | -75.13M | 59.83M | 58.12M | 9.56M | 360.43M | 13.74M | -18.21M |
| Pretax Income | 13.96M | 783.15M | -221.49M | -104.42M | -156.37M | 19.03M | -49.14M | 4.09M | 22.93M | -62.02M | 25.73M | 18.46M | -11.38M | -207.59M | 22.25M | -18.22M | -11.59M | 19.09M | -64.46M | -64.96M |
| Pretax Margin % | 215.34% | 86.94% | -311.26% | -159.94% | -208.55% | 25.21% | -82.11% | 5.25% | 36.74% | 29.66% | 21.44% | 12.31% | -19.43% | -218.24% | 16.33% | -13.24% | -8.5% | 11.43% | -100.41% | -46.48% |
| Income Tax | 70K | 666K | -17.5M | 26K | -1.81M | -93K | -571K | -571K | -568K | -3.9M | -100K | 13.36M | -185K | -385K | 694K | 811K | 1.72M | 2.74M | 157K | -630K |
| Effective Tax Rate % | 0.5% | 0.09% | 7.9% | -0.02% | 1.16% | -0.49% | 1.16% | -13.96% | -2.48% | 6.28% | -0.39% | 72.36% | 1.63% | 0.19% | 3.12% | -4.45% | -14.88% | 14.35% | -0.24% | 0.97% |
| Net Income | 14.49M | 782.15M | -202.11M | -105.75M | -153.4M | 25.31M | -50.43M | 8.98M | 90.22M | 157.56M | 25.83M | 5.1M | 23.21M | -207.21M | 21.55M | -19.03M | -13.31M | 16.35M | -64.61M | -64.33M |
| Net Margin % | 223.61% | 86.83% | -284.02% | -161.97% | -204.6% | 33.52% | -84.26% | 11.54% | 144.51% | -75.34% | 21.52% | 3.4% | 39.62% | -217.84% | 15.82% | -13.83% | -9.76% | 9.79% | -100.65% | -46.02% |
| Net Income Growth % | 109.45% | 2990.63% | -300.78% | -1276.94% | -270.03% | -83.94% | -295.24% | 76.14% | 288.76% | 176.04% | 19.84% | 126.81% | 274.36% | -1367.32% | 133.36% | 70.42% | -242.19% | 128.24% | 21.11% | 44.08% |
| Net Income (Continuing) | 13.89M | 782.49M | -203.99M | -104.45M | -154.55M | 19.12M | -48.57M | 4.66M | 23.5M | -58.13M | 25.83M | 5.1M | -11.2M | -207.21M | 21.55M | -19.03M | -13.31M | 16.35M | -64.61M | -64.33M |
| Discontinued Operations | 606K | -343K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 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) | 0.22 | 11.88 | -3.10 | -1.61 | -2.33 | 0.29 | -0.74 | 0.14 | 1.37 | -0.88 | 0.39 | 0.08 | 0.35 | -3.15 | 0.33 | -0.29 | -0.20 | 0.25 | -0.99 | -0.98 |
| EPS Growth % | 109.44% | 3996.55% | -318.92% | -1250% | -270.07% | 132.95% | -289.74% | 80.88% | 291.43% | 72.06% | 18.18% | 126.69% | 275% | -1360% | 133.33% | 70.41% | -242.86% | 128.41% | 20.8% | 44.63% |
| EPS (Basic) | 0.22 | 11.88 | -3.10 | -1.61 | -2.33 | 0.29 | -0.71 | 0.14 | 1.37 | -0.88 | 0.39 | 0.08 | 0.35 | -3.15 | 0.33 | -0.29 | -0.20 | 0.25 | -0.99 | -0.98 |
| Diluted Shares Outstanding | 65.87M | 65.89M | 65.89M | 65.84M | 65.84M | 66.84M | 65.94M | 65.9M | 65.9M | 66.01M | 65.9M | 65.9M | 65.9M | 65.84M | 65.84M | 65.73M | 66.55M | 66.55M | 65.53M | 65.52M |
| Basic Shares Outstanding | 65.87M | 65.86M | 65.27M | 65.84M | 65.84M | 66.84M | 68.14M | 65.9M | 65.9M | 66.01M | 65.9M | 65.9M | 65.9M | 65.84M | 65.83M | 64.91M | 65.65M | 65.41M | 65.53M | 65.52M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |