PTC Therapeutics, Inc. income statement
In fiscal 2025, PTC Therapeutics, Inc. reported revenue of $1.73bn, up 114.5% on the year before, operating income of $867m (a 50.1% margin) and net income of $683m, or $7.78 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 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 34 | 35 | 25 | 37 | 83 | 194 | 265 | 307 | 381 | 539 | 699 | 938 | 807 | 1,731 | 1,156 |
| Cost of revenue | — | — | — | — | — | — | 5 | 13 | 12 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | 190 | 252 | 295 | — | — | — | — | — | — | — |
| Research and development | 59 | 46 | 55 | 80 | 122 | 118 | 117 | 172 | 257 | 478 | 541 | 651 | 667 | 534 | 455 | 439 |
| Selling, general and administrative | — | — | — | — | — | 97 | 121 | 154 | 203 | 245 | 286 | 326 | 333 | 301 | 347 | 344 |
| General and administrative | 16 | 15 | 25 | 45 | 82 | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | 31 | −27 | −45 | −99 | −167 | −132 | −64 | −116 | −241 | −432 | −374 | −447 | −440 | −303 | 867 | 148 |
| Income before tax | 29 | −26 | −52 | −98 | −170 | −142 | −78 | −128 | −240 | −403 | −518 | −587 | −696 | −363 | 697 | −85 |
| Income tax | −2 | — | — | −5 | 0 | 1 | 1 | −0 | 12 | 35 | 6 | −28 | −70 | 0 | 14 | 21 |
| Net income | 31 | −26 | −52 | −94 | −170 | −142 | −79 | −128 | −252 | −438 | −524 | −559 | −627 | −363 | 683 | −106 |
| Diluted EPS | $4.55 | $42.50 | −$5.18 | −$2.97 | −$5.07 | −$4.17 | −$2.02 | −$2.75 | −$4.27 | −$6.64 | −$7.43 | −$7.79 | −$8.37 | −$4.73 | $7.78 | −$1.18 |
| Diluted shares (average) | — | 17m | 13m | 32m | 34m | 34m | 39m | 47m | 59m | 66m | 70m | 72m | 75m | 77m | 88m | 90m |
| EBITDA | 33 | −24 | −43 | −97 | −164 | −129 | −47 | −90 | −209 | −388 | −310 | −319 | −203 | −227 | 906 | 209 |
| 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 | 213 | 1,176 | 179 | 211 | 165 | 273 | 361 | 358 |
| Research and development | 125 | 109 | 113 | 100 | 133 | 101 | 99 | 105 |
| Selling, general and administrative | 85 | 81 | 85 | 84 | 97 | 86 | 81 | 80 |
| Operating income | −162 | 970 | −35 | 3 | −71 | 45 | 149 | 25 |
| Income before tax | −95 | 930 | −71 | −23 | −139 | −2 | 98 | −41 |
| Income tax | −29 | 63 | −6 | −39 | −4 | 0 | 14 | 11 |
| Net income | −66 | 867 | −65 | 16 | −135 | −3 | 83 | −52 |
| Diluted EPS | −$0.85 | $10.04 | −$0.83 | $0.20 | −$1.67 | −$0.03 | $0.92 | −$0.62 |
| EBITDA | −156 | 977 | −27 | 14 | −58 | 60 | 165 | 42 |
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