Sarepta Therapeutics, Inc. (SRPT) 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 | 730.8M | 442.93M | 399.36M | 611.09M | 744.86M | 658.41M | 467.17M | 362.93M | 413.46M | 396.78M | 331.82M | 261.24M | 253.5M | 258.43M | 230.27M | 233.49M | 210.83M | 201.46M | 189.41M | 164.09M |
| Revenue Growth % | -1.89% | -32.73% | -14.52% | 68.38% | 80.15% | 65.94% | 40.79% | 38.93% | 63.1% | 53.54% | 44.1% | 11.89% | 20.24% | 28.28% | 21.57% | 42.29% | 43.49% | 38.81% | 31.6% | 19.46% |
| Cost of Goods Sold | 0 | 398.71M | 150.78M | 152.56M | 137.56M | 132.3M | 91.69M | 44.55M | 50.56M | 44.18M | 37.03M | 34.12M | 35.02M | 30.8M | 39.95M | 37.8M | 31.44M | 31.74M | 23.44M | 19.52M |
| COGS % of Revenue | - | 90.02% | 37.75% | 24.96% | 18.47% | 20.09% | 19.63% | 12.27% | 12.23% | 11.13% | 11.16% | 13.06% | 13.81% | 11.92% | 17.35% | 16.19% | 14.91% | 15.76% | 12.38% | 11.89% |
| Gross Profit | 0 | 44.23M | 248.58M | 458.53M | 607.29M | 526.11M | 375.48M | 318.39M | 362.9M | 352.61M | 294.79M | 227.11M | 218.48M | 227.63M | 190.32M | 195.69M | 179.39M | 169.72M | 165.96M | 144.57M |
| Gross Margin % | - | 9.98% | 62.25% | 75.04% | 81.53% | 79.91% | 80.37% | 87.73% | 87.77% | 88.87% | 88.84% | 86.94% | 86.19% | 88.08% | 82.65% | 83.81% | 85.09% | 84.24% | 87.62% | 88.11% |
| Gross Profit Growth % | -100% | -91.59% | -33.8% | 44.02% | 67.34% | 49.21% | 27.37% | 40.19% | 66.1% | 54.9% | 54.89% | 16.06% | 21.79% | 34.12% | 14.67% | 35.36% | 43.99% | 38.28% | 28.74% | 16.57% |
| Operating Expenses | 262.91M | 455.81M | 351.97M | 342.96M | 907.68M | 364.43M | 353.29M | 319.09M | 328M | 327.98M | 315.63M | 360.63M | 356.57M | 334.46M | 321.67M | 406.82M | 266.27M | 275.53M | 200.42M | 312.15M |
| OpEx % of Revenue | 35.98% | 102.91% | 88.13% | 56.12% | 121.86% | 55.35% | 75.62% | 87.92% | 79.33% | 82.66% | 95.12% | 138.05% | 140.66% | 129.42% | 139.69% | 174.24% | 126.3% | 136.77% | 105.81% | 190.23% |
| Selling, General & Admin | 108.95M | 128.3M | 91.89M | 137.9M | 133.63M | 163.87M | 128.2M | 138.8M | 127M | 131.7M | 120.89M | 118.56M | 110.71M | 120.48M | 104.79M | 154.32M | 71.84M | 78.06M | 61.13M | 72.35M |
| SG&A % of Revenue | 14.91% | 28.97% | 23.01% | 22.57% | 17.94% | 24.89% | 27.44% | 38.24% | 30.72% | 33.19% | 36.43% | 45.39% | 43.67% | 46.62% | 45.51% | 66.09% | 34.07% | 38.74% | 32.27% | 44.09% |
| Research & Development | 153.96M | 325.34M | 218.89M | 204.39M | 773.45M | 199.95M | 224.48M | 179.69M | 200.4M | 195.52M | 194.3M | 241.89M | 245.68M | 213.8M | 216.71M | 252.33M | 194.25M | 197.3M | 139.12M | 239.62M |
| R&D % of Revenue | 21.07% | 73.45% | 54.81% | 33.45% | 103.84% | 30.37% | 48.05% | 49.51% | 48.47% | 49.28% | 58.56% | 92.59% | 96.91% | 82.73% | 94.11% | 108.07% | 92.14% | 97.93% | 73.45% | 146.03% |
| Other Operating Expenses | 0 | 1000K | 1000K | 667K | 601K | 601K | 602K | 601K | 601K | 763K | 439K | 179K | 178K | 179K | 178K | 179K | 178K | 179K | 178K | 179K |
| Operating Income | 358.43M | -411.58M | -103.39M | 115.58M | -300.39M | 161.68M | 22.2M | -701K | 34.91M | 24.63M | -20.84M | -133.52M | -138.09M | -106.83M | -131.35M | -211.13M | -86.88M | -105.81M | -34.46M | -167.57M |
| Operating Margin % | 49.05% | -92.92% | -25.89% | 18.91% | -40.33% | 24.56% | 4.75% | -0.19% | 8.44% | 6.21% | -6.28% | -51.11% | -54.47% | -41.34% | -57.04% | -90.43% | -41.21% | -52.52% | -18.19% | -102.12% |
| Operating Income Growth % | 219.32% | -354.56% | -565.8% | 16587.45% | -960.58% | 556.57% | 206.5% | 99.48% | 125.28% | 123.05% | 84.13% | 36.76% | -58.94% | -0.96% | -281.2% | -25.99% | 42.79% | 38.02% | 74.86% | -21.12% |
| EBITDA | 358.43M | -406.33M | -84.94M | 126.42M | -290.41M | 172.14M | 32M | 8.02M | 43.65M | 36M | -9.91M | -122.73M | -126.78M | -96.28M | -120.65M | -201.24M | -76.16M | -95.67M | -23.96M | -159.13M |
| EBITDA Margin % | 49.05% | -91.74% | -21.27% | 20.69% | -38.99% | 26.14% | 6.85% | 2.21% | 10.56% | 9.07% | -2.99% | -46.98% | -50.01% | -37.26% | -52.4% | -86.19% | -36.12% | -47.49% | -12.65% | -96.98% |
| EBITDA Growth % | 223.42% | -336.05% | -365.42% | 1476.66% | -765.33% | 378.2% | 422.8% | 106.53% | 134.43% | 137.39% | 91.78% | 39.02% | -66.46% | -0.64% | -403.49% | -26.47% | 46.72% | 41.46% | 81.63% | -20.66% |
| D&A (Non-Cash Add-back) | 0 | 5.25M | 18.45M | 10.84M | 9.98M | 10.46M | 9.81M | 8.72M | 8.74M | 11.37M | 10.93M | 10.79M | 11.3M | 10.55M | 10.7M | 9.89M | 10.72M | 10.14M | 10.49M | 8.45M |
| EBIT | 0 | -257.45M | -186.48M | 158.87M | -379.01M | 176.22M | 38.92M | 18.41M | 45.61M | 45.6M | -27.95M | -9.36M | -506.39M | -94.62M | -241.68M | -212.06M | -88.35M | -105.84M | -31.91M | -65.93M |
| Net Interest Income | 0 | 816K | 816K | 1.91M | 7.92M | 10.22M | 13.41M | 14.01M | 15.73M | 17.39M | 17.59M | 15.98M | 12.99M | 2.44M | -6.52M | -13.62M | -15.58M | -15.95M | -15.85M | -15.78M |
| Interest Income | 0 | 8.38M | 8.38M | 7.14M | 12.43M | 14.7M | 18.33M | 18.84M | 19.9M | 22.63M | 22.82M | 21.2M | 19.32M | 9.13M | 8.21M | 2.41M | 215K | 95K | 148K | 52K |
| Interest Expense | 0 | 7.57M | 7.57M | 5.23M | 4.5M | 4.47M | 4.92M | 4.83M | 4.17M | 5.23M | 5.23M | 5.22M | 6.32M | 6.69M | 14.74M | 16.03M | 15.8M | 16.05M | 15.99M | 15.83M |
| Other Income/Expense | -15.26M | 133.29M | -90.66M | 38.06M | -83.13M | 10.06M | 11.81M | 14.28M | 6.54M | 15.75M | -12.33M | 118.93M | -374.62M | 5.53M | -125.06M | -16.96M | -17.27M | -16.08M | -13.45M | 85.81M |
| Pretax Income | 343.17M | -278.3M | -194.05M | 153.64M | -383.52M | 171.74M | 34.01M | 13.58M | 41.45M | 40.37M | -33.17M | -14.59M | -512.71M | -101.31M | -256.42M | -228.09M | -104.15M | -121.89M | -47.91M | -81.76M |
| Pretax Margin % | 46.96% | -62.83% | -48.59% | 25.14% | -51.49% | 26.08% | 7.28% | 3.74% | 10.02% | 10.17% | -10% | -5.58% | -202.25% | -39.2% | -111.36% | -97.69% | -49.4% | -60.5% | -25.29% | -49.83% |
| Income Tax | 12.21M | 4.55M | -14.1M | -43.25M | 63.99M | 12.69M | 395K | 7.12M | 5.33M | -5.28M | 7.76M | 9.36M | 4.04M | 7.94M | 1.32M | 3.39M | 879K | 92K | 237K | -354K |
| Effective Tax Rate % | 3.56% | -1.64% | 7.27% | -28.15% | -16.69% | 7.39% | 1.16% | 52.42% | 12.86% | -13.09% | -23.4% | -64.14% | -0.79% | -7.84% | -0.51% | -1.49% | -0.84% | -0.08% | -0.49% | 0.43% |
| Net Income | 330.96M | -282.85M | -179.95M | 196.89M | -447.51M | 159.05M | 33.61M | 6.46M | 36.12M | 45.66M | -40.94M | -23.94M | -516.75M | -109.24M | -257.74M | -231.48M | -105.03M | -121.98M | -48.14M | -81.41M |
| Net Margin % | 45.29% | -63.86% | -45.06% | 32.22% | -60.08% | 24.16% | 7.19% | 1.78% | 8.74% | 11.51% | -12.34% | -9.16% | -203.85% | -42.27% | -111.93% | -99.14% | -49.81% | -60.55% | -25.42% | -49.61% |
| Net Income Growth % | 173.96% | -277.84% | -635.38% | 2947.86% | -1338.98% | 248.37% | 182.1% | 126.98% | 106.99% | 141.79% | 84.12% | 89.66% | -392.03% | 10.44% | -435.35% | -184.36% | 37.2% | 35.57% | 75.5% | 46.03% |
| Net Income (Continuing) | 330.96M | -282.85M | -179.95M | 196.89M | -447.51M | 159.05M | 33.61M | 6.46M | 36.12M | 45.66M | -40.94M | -23.94M | -516.75M | -109.24M | -257.74M | -231.48M | -105.03M | -121.98M | -48.14M | -81.41M |
| 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) | 2.88 | -3.93 | -1.80 | 1.89 | -4.60 | 1.50 | 0.33 | 0.07 | 0.37 | 0.43 | -0.46 | -0.27 | -5.86 | -1.24 | -2.94 | -2.65 | -1.20 | -1.45 | -0.60 | -1.02 |
| EPS Growth % | 162.61% | -362% | -645.45% | 2600% | -1343.24% | 248.84% | 171.74% | 125.93% | 106.31% | 134.68% | 84.35% | 89.81% | -388.33% | 14.48% | -390% | -159.8% | 42.86% | 39.83% | 76% | 47.15% |
| EPS (Basic) | 3.15 | -2.74 | -1.80 | 2.01 | -4.60 | 1.65 | 0.35 | 0.07 | 0.38 | 0.49 | -0.46 | -0.27 | -5.86 | -1.24 | -2.94 | -2.65 | -1.20 | -1.45 | -0.60 | -1.02 |
| Diluted Shares Outstanding | 121.92M | 104.79M | 100.24M | 106.62M | 97.36M | 108.47M | 100.45M | 99.14M | 99.11M | 105.59M | 88.89M | 88.74M | 88.19M | 87.84M | 87.63M | 87.51M | 87.25M | 84.26M | 79.88M | 79.75M |
| Basic Shares Outstanding | 104.99M | 104.79M | 100.24M | 98M | 97.36M | 96.28M | 95.39M | 94.62M | 93.99M | 93.62M | 88.89M | 88.74M | 88.19M | 87.84M | 87.63M | 87.35M | 87.25M | 84.26M | 79.88M | 79.75M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |