Supernus Pharmaceuticals, Inc. income statement
In fiscal 2025, Supernus Pharmaceuticals, Inc. reported revenue of $719m, up 8.6% on the year before, operating income of −$62.3m (a -8.7% margin) and net income of −$38.5m, or −$0.68 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 | 2010Dec 2010 | 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 | 0 | 1 | 1 | 12 | 93 | 147 | 215 | 302 | 409 | 393 | 520 | 580 | 667 | 608 | 662 | 719 | 865 |
| Cost of revenue | — | — | — | — | — | — | 12 | 15 | 15 | 17 | 52 | — | 87 | 84 | 78 | 75 | 107 |
| Gross profit | — | — | — | — | — | — | 203 | 287 | 394 | 376 | 468 | — | 580 | 524 | 584 | 644 | 758 |
| Research and development | 35 | 31 | 24 | 17 | 20 | 29 | 43 | 50 | 89 | 69 | 76 | 90 | 75 | 92 | 109 | 106 | 122 |
| Selling, general and administrative | 5 | 8 | 20 | 56 | 73 | 89 | 106 | 138 | 155 | 153 | 201 | 305 | 377 | 336 | 322 | 486 | 509 |
| Operating income | −40 | −38 | −42 | −62 | −5 | 21 | 54 | 100 | 144 | 149 | 174 | 86 | 46 | −5 | 82 | −62 | −49 |
| Interest expense | — | 2 | 4 | 8 | 5 | 1 | 1 | 0 | 14 | 18 | 19 | 20 | 7 | 2 | 0 | 0 | — |
| Income before tax | −39 | −39 | −46 | −92 | −10 | 15 | 50 | 101 | 140 | 147 | 169 | 73 | 61 | 3 | 98 | −49 | −43 |
| Income tax | −0 | −16 | 0 | 0 | 1 | 1 | −41 | 43 | 29 | 34 | 42 | 20 | 0 | 1 | 24 | −10 | 1 |
| Net income | −38 | 54 | −46 | −92 | −11 | 14 | 91 | 57 | 111 | 113 | 127 | 53 | 61 | 1 | 74 | −39 | −44 |
| Diluted EPS | −$26.38 | $31.39 | −$2.72 | −$2.90 | −$0.26 | $0.28 | $1.76 | $1.08 | $2.05 | $2.10 | $2.36 | $0.98 | $1.04 | $0.02 | $1.32 | −$0.68 | −$0.76 |
| Diluted shares (average) | 2m | 2m | 17m | 32m | 42m | 51m | 52m | 53m | 54m | 54m | 54m | 54m | 62m | 56m | 56m | 56m | 58m |
| EBITDA | −39 | −37 | −41 | −61 | −4 | 22 | 57 | 108 | 152 | 155 | 192 | 119 | 132 | 80 | 162 | 29 | 3 |
| 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 | 174 | 150 | 165 | 192 | 212 | 208 | 219 | 227 |
| Cost of revenue | 26 | 16 | 17 | 19 | 23 | 23 | 34 | 27 |
| Gross profit | 148 | 134 | 149 | 173 | 189 | 184 | 185 | 200 |
| Research and development | 29 | 27 | 22 | 29 | 28 | 39 | 29 | 26 |
| Selling, general and administrative | 79 | 90 | 94 | 180 | 122 | 125 | 134 | 128 |
| Operating income | 21 | −10 | 12 | −60 | −4 | −8 | −58 | 21 |
| Interest expense | 0 | — | 0 | 0 | 0 | — | 2 | 1 |
| Income before tax | 26 | −6 | 17 | −58 | −2 | −6 | −58 | 23 |
| Income tax | 11 | 6 | −6 | −13 | 2 | −4 | 1 | 2 |
| Net income | 15 | −12 | 22 | −45 | −4 | −2 | −58 | 21 |
| Diluted EPS | $0.27 | −$0.21 | $0.40 | −$0.80 | −$0.07 | −$0.04 | −$1.01 | $0.35 |
| EBITDA | 40 | 10 | 13 | −60 | 21 | 18 | −58 | 22 |
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