Bridgebio Pharma, Inc. income statement
In fiscal 2025, Bridgebio Pharma, Inc. reported revenue of $502m, up 126.3% on the year before, operating income of −$523m (a -104.2% margin) and net income of −$725m, or −$3.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 41 | 8 | 70 | 78 | 9 | 222 | 502 | 946 |
| Cost of revenue | — | — | 3 | 3 | 2 | 4 | 21 | 54 |
| Gross profit | — | — | 67 | 74 | 7 | 218 | 481 | 892 |
| Research and development | 210 | 337 | 451 | 399 | 456 | 506 | 452 | 536 |
| Selling, general and administrative | 94 | 146 | 192 | 143 | 151 | 289 | 531 | 709 |
| Operating income | −266 | −474 | −577 | −512 | −607 | −593 | −523 | −364 |
| Interest expense | 9 | 37 | 47 | 80 | 81 | 91 | 53 | 51 |
| Income before tax | 289 | 505 | — | −485 | −653 | −542 | −733 | — |
| Income tax | — | — | — | 0 | 0 | 1 | 0 | — |
| Net income | −261 | −449 | −563 | −481 | −643 | −536 | −725 | −566 |
| Diluted EPS | −$2.48 | −$3.80 | −$3.90 | −$3.26 | −$3.95 | −$2.88 | −$3.78 | −$2.90 |
| Diluted shares (average) | 105m | 118m | 144m | 147m | 163m | 186m | 192m | 195m |
| EBITDA | −265 | −473 | −571 | −505 | −601 | −587 | −518 | −359 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 117 | 111 | 121 | 154 | 195 | 244 | 353 |
| Cost of revenue | 2 | 3 | 4 | 7 | 8 | 10 | 15 | 20 |
| Gross profit | 4 | 114 | 107 | 114 | 146 | 185 | 229 | 333 |
| Research and development | 130 | 111 | 111 | 113 | 116 | 127 | 149 | 144 |
| Selling, general and administrative | 95 | 106 | 129 | 138 | 158 | 164 | 186 | 201 |
| Operating income | −226 | −104 | −134 | −145 | −140 | −106 | −107 | −12 |
| Interest expense | 22 | 18 | 12 | 12 | 12 | 13 | 13 | 13 |
| Income before tax | −266 | — | −182 | −186 | −195 | — | −156 | −59 |
| Income tax | 1 | 0 | 2 | −2 | −0 | — | 0 | 1 |
| Net income | −265 | −167 | −182 | −183 | −193 | −164 | −152 | −57 |
| Diluted EPS | −$1.42 | −$0.88 | −$0.95 | −$0.95 | −$0.99 | −$0.84 | −$0.78 | −$0.42 |
| EBITDA | −225 | −103 | −133 | −144 | −138 | −105 | −106 | −11 |
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