Neurocrine Biosciences, Inc. (NBIX) 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 | 814.5M | 805.5M | 794.9M | 687.5M | 572.6M | 627.7M | 622.1M | 590.2M | 515.3M | 515.2M | 498.8M | 452.7M | 420.4M | 412M | 387.9M | 378.2M | 310.6M | 312M | 296M | 288.9M |
| Revenue Growth % | 42.25% | 28.33% | 27.78% | 16.49% | 11.12% | 21.84% | 24.72% | 30.37% | 22.57% | 25.05% | 28.59% | 19.7% | 35.35% | 32.05% | 31.05% | 30.91% | 31.28% | 25.86% | 14.51% | -4.46% |
| Cost of Goods Sold | 13.8M | 17.6M | 14M | 11.3M | 9.2M | 9.3M | 8M | 9.2M | 7.5M | 8.5M | 11.2M | 11.5M | 8.5M | 7.7M | 6.1M | 4.8M | 4.6M | 4.1M | 4.2M | 3.1M |
| COGS % of Revenue | 1.69% | 2.19% | 1.76% | 1.64% | 1.61% | 1.48% | 1.29% | 1.56% | 1.46% | 1.65% | 2.25% | 2.54% | 2.02% | 1.87% | 1.57% | 1.27% | 1.48% | 1.31% | 1.42% | 1.07% |
| Gross Profit | 800.7M | 787.9M | 780.9M | 676.2M | 563.4M | 618.4M | 614.1M | 581M | 507.8M | 506.7M | 487.6M | 441.2M | 411.9M | 404.3M | 381.8M | 373.4M | 306M | 307.9M | 291.8M | 285.8M |
| Gross Margin % | 98.31% | 97.81% | 98.24% | 98.36% | 98.39% | 98.52% | 98.71% | 98.44% | 98.54% | 98.35% | 97.75% | 97.46% | 97.98% | 98.13% | 98.43% | 98.73% | 98.52% | 98.69% | 98.58% | 98.93% |
| Gross Profit Growth % | 42.12% | 27.41% | 27.16% | 16.39% | 10.95% | 22.04% | 25.94% | 31.69% | 23.28% | 25.33% | 27.71% | 18.16% | 34.61% | 31.31% | 30.84% | 30.65% | 30.94% | 25.67% | 14.07% | -4.73% |
| Operating Expenses | 614.7M | 577M | 541.9M | 530.6M | 539.8M | 476.4M | 430.3M | 435.6M | 408.5M | 356.4M | 346.4M | 367.6M | 526.1M | 300.9M | 294M | 318.7M | 302.9M | 344.2M | 247.3M | 223M |
| OpEx % of Revenue | 75.47% | 71.63% | 68.17% | 77.18% | 94.27% | 75.9% | 69.17% | 73.81% | 79.27% | 69.18% | 69.45% | 81.2% | 125.14% | 73.03% | 75.79% | 84.27% | 97.52% | 110.32% | 83.55% | 77.19% |
| Selling, General & Admin | 318.5M | 301.8M | 291.6M | 286.3M | 276.5M | 287.8M | 234.3M | 242M | 243.1M | 218.9M | 204.2M | 221.8M | 242.7M | 182.9M | 186.3M | 182.8M | 200.7M | 156.5M | 154.6M | 143.2M |
| SG&A % of Revenue | 39.1% | 37.47% | 36.68% | 41.64% | 48.29% | 45.85% | 37.66% | 41% | 47.18% | 42.49% | 40.94% | 48.99% | 57.73% | 44.39% | 48.03% | 48.33% | 64.62% | 50.16% | 52.23% | 49.57% |
| Research & Development | 296.2M | 258.2M | 250M | 244.3M | 263.2M | 185.6M | 195M | 191.1M | 159.4M | 137.5M | 142.2M | 145.8M | 139.5M | 118M | 107.7M | 135.9M | 102.2M | 87.4M | 92.7M | 74.8M |
| R&D % of Revenue | 36.37% | 32.05% | 31.45% | 35.53% | 45.97% | 29.57% | 31.35% | 32.38% | 30.93% | 26.69% | 28.51% | 32.21% | 33.18% | 28.64% | 27.76% | 35.93% | 32.9% | 28.01% | 31.32% | 25.89% |
| Other Operating Expenses | 0 | 1000K | 300K | 0 | 100K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K |
| Operating Income | 193.4M | 210.9M | 239M | 145.6M | 23.6M | 142M | 183.8M | 145.4M | 99.3M | 150.3M | 141.2M | 73.6M | -114.2M | 103.4M | 87.8M | 54.7M | 3.1M | -36.3M | 44.5M | 62.8M |
| Operating Margin % | 23.74% | 26.18% | 30.07% | 21.18% | 4.12% | 22.62% | 29.55% | 24.64% | 19.27% | 29.17% | 28.31% | 16.26% | -27.16% | 25.1% | 22.63% | 14.46% | 1% | -11.63% | 15.03% | 21.74% |
| Operating Income Growth % | 719.49% | 48.52% | 30.03% | 0.14% | -76.23% | -5.52% | 30.17% | 97.55% | 186.95% | 45.36% | 60.82% | 34.55% | -3783.87% | 384.85% | 97.3% | -12.9% | -90.16% | -150.56% | 200.45% | -18.02% |
| EBITDA | 193.4M | 218.4M | 246.7M | 152.9M | 31.2M | 149.1M | 190.3M | 152.7M | 105.5M | 156M | 146.7M | 78.7M | -109.2M | 107.8M | 91.8M | 58.6M | 6.4M | -33.3M | 47.3M | 65.4M |
| EBITDA Margin % | 23.74% | 27.11% | 31.04% | 22.24% | 5.45% | 23.75% | 30.59% | 25.87% | 20.47% | 30.28% | 29.41% | 17.38% | -25.98% | 26.16% | 23.67% | 15.49% | 2.06% | -10.67% | 15.98% | 22.64% |
| EBITDA Growth % | 519.87% | 46.48% | 29.64% | 0.13% | -70.43% | -4.42% | 29.72% | 94.03% | 196.61% | 44.71% | 59.8% | 34.3% | -1806.25% | 423.72% | 94.08% | -10.4% | -81.18% | -145% | 212.35% | -16.9% |
| D&A (Non-Cash Add-back) | 0 | 7.5M | 7.7M | 7.3M | 7.6M | 7.1M | 6.5M | 7.3M | 6.2M | 5.7M | 5.5M | 5.1M | 5M | 4.4M | 4M | 3.9M | 3.3M | 3M | 2.8M | 2.6M |
| EBIT | 0 | 227.9M | 291.8M | 145.6M | 23.7M | 174.6M | 184.8M | 147.9M | 105.3M | 199.3M | 141.2M | 121.6M | -102.2M | 119M | 99.1M | -21.1M | 24M | -7.2M | 37.1M | 63.7M |
| Net Interest Income | 0 | -42.8M | 22.2M | 20.6M | 0 | 0 | 0 | -49.7M | -1.1M | -1.1M | -1.1M | 10.7M | -1.1M | -1.1M | -1.2M | -2.2M | -2.6M | -6.6M | -6.6M | -6.2M |
| Interest Income | 0 | -42.8M | 22.2M | 20.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49.7M | 1.1M | 1.1M | 1.1M | 1.3M | 1.1M | 1.1M | 1.2M | 2.2M | 2.6M | 6.6M | 6.6M | 6.2M |
| Other Income/Expense | 53.4M | 28.5M | 52.8M | 13.9M | -8.9M | 20.6M | 6.5M | -46.8M | -64.8M | 47.9M | -25.6M | 48M | 10.9M | 14.5M | 10.1M | -78M | 18.3M | 22.5M | -14M | -5.3M |
| Pretax Income | 246.8M | 239.4M | 291.8M | 159.5M | 14.7M | 162.6M | 190.3M | 98.6M | 34.5M | 198.2M | 115.6M | 121.6M | -103.3M | 117.9M | 97.9M | -23.3M | 21.4M | -13.8M | 30.5M | 57.5M |
| Pretax Margin % | 30.3% | 29.72% | 36.71% | 23.2% | 2.57% | 25.9% | 30.59% | 16.71% | 6.7% | 38.47% | 23.18% | 26.86% | -24.57% | 28.62% | 25.24% | -6.16% | 6.89% | -4.42% | 10.3% | 19.9% |
| Income Tax | 48.9M | 85.7M | 82.3M | 52M | 6.8M | 59.5M | 60.5M | 33.6M | -8.9M | 50.5M | 32.5M | 26.1M | -26.7M | 28.9M | 29.4M | -6.4M | 7.5M | -6.5M | 8M | 15.2M |
| Effective Tax Rate % | 19.81% | 35.8% | 28.2% | 32.6% | 46.26% | 36.59% | 31.79% | 34.08% | -25.8% | 25.48% | 28.11% | 21.46% | 25.85% | 24.51% | 30.03% | 27.47% | 35.05% | 47.1% | 26.23% | 26.43% |
| Net Income | 197.9M | 153.7M | 209.5M | 107.5M | 7.9M | 103.1M | 129.8M | 65M | 43.4M | 147.7M | 83.1M | 95.5M | -76.6M | 89M | 68.5M | -16.9M | 13.9M | -7.3M | 22.5M | 42.3M |
| Net Margin % | 24.3% | 19.08% | 26.36% | 15.64% | 1.38% | 16.43% | 20.86% | 11.01% | 8.42% | 28.67% | 16.66% | 21.1% | -18.22% | 21.6% | 17.66% | -4.47% | 4.48% | -2.34% | 7.6% | 14.64% |
| Net Income Growth % | 2405.06% | 49.08% | 61.4% | 65.38% | -81.8% | -30.2% | 56.2% | -31.94% | 156.66% | 65.96% | 21.31% | 665.09% | -651.08% | 1319.18% | 204.44% | -139.95% | -56.7% | -102.1% | 139.06% | -46.86% |
| Net Income (Continuing) | 197.9M | 153.7M | 209.5M | 107.5M | 7.9M | 103.1M | 129.8M | 65M | 43.4M | 147.7M | 83.1M | 95.5M | -76.6M | 89M | 68.5M | -16.9M | 13.9M | -7.3M | 22.5M | 42.3M |
| 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) | 1.91 | 1.48 | 2.04 | 1.06 | 0.08 | 1.00 | 1.24 | 0.63 | 0.42 | 1.44 | 0.82 | 0.95 | -0.79 | 0.88 | 0.69 | -0.18 | 0.14 | -0.08 | 0.23 | 0.43 |
| EPS Growth % | 2287.5% | 48% | 64.52% | 68.25% | -80.95% | -30.56% | 51.22% | -33.68% | 153.16% | 63.64% | 18.84% | 627.78% | -664.29% | 1244.34% | 200% | -141.86% | -57.58% | -102.15% | 137.1% | -46.91% |
| EPS (Basic) | 1.97 | 1.54 | 2.11 | 1.09 | 0.08 | 1.03 | 1.28 | 0.64 | 0.43 | 1.50 | 0.85 | 0.98 | -0.79 | 0.92 | 0.72 | -0.18 | 0.15 | -0.08 | 0.24 | 0.45 |
| Diluted Shares Outstanding | 103.4M | 102.5M | 102.5M | 101M | 102.5M | 102.9M | 104.3M | 103.9M | 103.6M | 102.3M | 101.1M | 100.2M | 97.1M | 100.8M | 99M | 95.6M | 97.6M | 94.9M | 97.7M | 97.7M |
| Basic Shares Outstanding | 100.5M | 99.5M | 99.4M | 99M | 99.7M | 100M | 101.1M | 100.8M | 99.8M | 98.4M | 97.9M | 97.6M | 97.1M | 96.3M | 95.8M | 95.6M | 95.3M | 94.9M | 94.7M | 94.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |