Puma Biotechnology, Inc. income statement
In fiscal 2025, Puma Biotechnology, Inc. reported revenue of $228m, down 0.9% on the year before, operating income of $37.3m (a 16.3% margin) and net income of $31.1m, or $0.61 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 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 251 | 272 | 225 | 253 | 228 | 236 | 230 | 228 | 231 |
| Cost of revenue | 6 | 35 | 37 | 39 | 64 | 55 | 63 | 64 | 58 | 58 |
| Gross profit | 22 | 216 | 235 | 186 | 189 | 173 | 173 | 166 | 170 | 173 |
| Research and development | 208 | 165 | 133 | 98 | 72 | 52 | 50 | 55 | 62 | 71 |
| Selling, general and administrative | 107 | 146 | 142 | 118 | 116 | 90 | 90 | 80 | 71 | 71 |
| Operating income | −292 | −95 | −39 | −30 | 1 | 24 | 33 | 31 | 37 | 30 |
| Interest expense | 1 | 11 | 15 | 14 | 13 | 12 | 13 | 12 | 7 | 4 |
| Income before tax | — | −114 | −76 | −60 | −29 | 0 | 23 | 24 | 36 | 31 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 1 | −6 | 5 | — |
| Net income | −292 | −114 | −76 | −60 | −29 | 0 | 22 | 30 | 31 | 27 |
| Diluted EPS | −$7.85 | −$2.99 | −$1.95 | −$1.52 | −$0.72 | $0.00 | $0.45 | $0.62 | $0.61 | $0.52 |
| Diluted shares (average) | 37m | 38m | 39m | 40m | 41m | 45m | 48m | 49m | 51m | 52m |
| EBITDA | −290 | −87 | −31 | −20 | 13 | 34 | 44 | 42 | 48 | 38 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81 | 59 | 46 | 52 | 54 | 75 | 45 | 57 |
| Cost of revenue | 29 | 14 | 11 | 12 | 12 | 23 | 10 | 12 |
| Gross profit | 51 | 45 | 35 | 40 | 42 | 52 | 34 | 44 |
| Research and development | 13 | 15 | 14 | 15 | 16 | 17 | 20 | 19 |
| Selling, general and administrative | 17 | 17 | 18 | 18 | 17 | 18 | 18 | 18 |
| Operating income | 22 | 13 | 4 | 7 | 10 | 17 | −4 | 8 |
| Interest expense | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 0 |
| Income before tax | 21 | 12 | 3 | 6 | 9 | 17 | −3 | 8 |
| Income tax | 0 | −7 | — | — | — | — | — | — |
| Net income | 20 | 19 | 3 | 6 | 9 | 13 | −4 | 8 |
| Diluted EPS | $0.41 | $0.40 | $0.06 | $0.12 | $0.17 | $0.26 | −$0.07 | $0.16 |
| EBITDA | 22 | 16 | 7 | 7 | 10 | 20 | −1 | 10 |
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