BridgeBio Pharma (BBIO) | Financial Analysis & Statements
BridgeBio Pharma Inc. Large-cap Healthcare
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
154.2M
Gross Profit
146.1M
94.74%
Operating Income
-128.4M
-83.30%
Net Income
-194.6M
-126.24%
EPS (Diluted)
$-1.00
Balance Sheet Metrics
Total Assets
936.0M
Total Liabilities
3.0B
Shareholders Equity
-2.1B
Cash Flow Metrics
Operating Cash Flow
-101.5M
Free Cash Flow
-56.5M
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
BridgeBio Pharma Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 502.1M | 221.9M | 9.3M | 77.6M | 69.7M |
| Cost of Goods Sold | 21.0M | 3.9M | 2.4M | 3.4M | 3.1M |
| Gross Profit | 481.1M | 218.0M | 6.9M | 74.2M | 66.6M |
| Gross Margin % | 95.8% | 98.3% | 73.7% | 95.6% | 95.5% |
| Operating Expenses | |||||
| Research & Development | 452.0M | 506.5M | 455.7M | 399.5M | 451.0M |
| Selling, General & Administrative | 531.2M | 288.9M | 150.6M | 143.2M | 192.2M |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 983.2M | 795.4M | 606.3M | 542.7M | 643.2M |
| Operating Income | -502.1M | -577.4M | -599.4M | -468.4M | -576.6M |
| Operating Margin % | -100.0% | -260.2% | -6,443.6% | -603.3% | -827.1% |
| Non-Operating Items | |||||
| Interest Income | 19.9M | 17.2M | 18.0M | 7.5M | 1.1M |
| Interest Expense | 178.2M | 99.3M | 81.3M | 80.4M | 46.8M |
| Other Non-Operating Income | -72.1M | 117.2M | 9.4M | 56.7M | 35.8M |
| Pre-tax Income | -732.5M | -542.2M | -653.3M | -484.7M | -586.5M |
| Income Tax | 435.0K | 1.2M | - | - | - |
| Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Income | -732.9M | -543.3M | -653.3M | -484.7M | -586.5M |
| Net Margin % | -146.0% | -244.9% | -7,021.9% | -624.2% | -841.2% |
| Key Metrics | |||||
| EBITDA | -506.3M | -581.1M | -574.6M | -339.2M | -569.7M |
| EPS (Basic) | $-3.78 | $-2.88 | $-3.95 | $-3.26 | $-3.90 |
| EPS (Diluted) | $-3.78 | $-2.88 | $-3.95 | $-3.26 | $-3.90 |
| Basic Shares Outstanding | 191527482 | 186075873 | 162791511 | 147473076 | 144356619 |
| Diluted Shares Outstanding | 191527482 | 186075873 | 162791511 | 147473076 | 144356619 |
Income Statement Trend
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BridgeBio Pharma Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 570.1M | 681.1M | 375.9M | 376.7M | 393.8M |
| Short-term Investments | 17.4M | 0 | 58.9M | 95.2M | 442.9M |
| Accounts Receivable | 139.4M | 4.7M | - | - | - |
| Inventory | 26.8M | - | - | - | - |
| Other Current Assets | 44.1M | 34.7M | 24.3M | 21.9M | - |
| Total Current Assets | 797.7M | 720.7M | 477.6M | 548.9M | 888.9M |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 13.5M | 12.8M | 19.8M | 25.2M | 46.0M |
| Goodwill | 28.1M | 23.9M | 26.3M | 28.7M | 44.9M |
| Intangible Assets | - | - | - | 28.7M | 44.9M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 16.7M | 18.2M | 22.6M | 20.2M | 33.0M |
| Total Non-Current Assets | 138.3M | 198.6M | 68.8M | 74.2M | 123.9M |
| Total Assets | 936.0M | 919.3M | 546.4M | 623.0M | 1.0B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 36.2M | 9.6M | 10.7M | 11.6M | 11.9M |
| Short-term Debt | 6.2M | 4.5M | 4.1M | 3.7M | 4.9M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | 288.0M | 154.4M | 143.8M | 121.4M | 135.1M |
| Non-Current Liabilities | |||||
| Long-term Debt | 1.9B | 1.7B | 1.7B | 1.7B | 1.7B |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | 244.0K | 286.0K | 9.4M | 26.6M | 22.1M |
| Total Non-Current Liabilities | 2.7B | 2.2B | 1.7B | 1.7B | 1.7B |
| Total Liabilities | 3.0B | 2.4B | 1.9B | 1.9B | 1.9B |
| Equity | |||||
| Common Stock | 202.0K | 196.0K | 181.0K | 157.0K | 154.0K |
| Retained Earnings | -3.8B | -3.1B | -2.6B | -1.9B | -1.4B |
| Treasury Stock | 323.3M | 275.0M | 275.0M | 275.0M | 275.0M |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | -2.1B | -1.5B | -1.3B | -1.2B | -865.6M |
| Key Metrics | |||||
| Total Debt | 1.9B | 1.7B | 1.7B | 1.7B | 1.7B |
| Working Capital | 509.8M | 566.3M | 333.7M | 427.4M | 753.8M |
Balance Sheet Composition
BridgeBio Pharma Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -732.9M | -543.3M | -653.3M | -484.7M | -586.5M |
| Depreciation & Amortization | 5.4M | 6.1M | 6.5M | 6.8M | 5.8M |
| Stock-Based Compensation | 133.0M | 95.8M | 108.7M | 91.6M | 99.5M |
| Working Capital Changes | -72.5M | 16.1M | 6.3M | 34.8M | -25.5M |
| Operating Cash Flow | -530.9M | -408.3M | -508.4M | -441.5M | -488.1M |
| Investing Activities | |||||
| Capital Expenditures | -1.1M | -933.0K | -1.3M | -4.8M | -13.2M |
| Acquisitions | 0 | -140.0K | - | - | - |
| Investment Purchases | -28.2M | -114.1M | -137.3M | -193.1M | -643.3M |
| Investment Sales | 11.0M | 158.2M | 193.1M | 532.5M | 477.0M |
| Investing Cash Flow | -18.3M | 43.1M | 54.0M | 454.6M | -165.8M |
| Financing Activities | |||||
| Share Repurchases | -62.5M | -7.5M | -6.9M | -1.6M | -204.7M |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | 575.0M | 950.0M | 0 | 0 | 1.2B |
| Debt Repayment | -459.0M | -473.4M | 0 | -20.5M | -124.1M |
| Financing Cash Flow | 325.1M | 740.3M | 442.1M | -16.4M | 777.3M |
| Free Cash Flow | -455.5M | -529.6M | -529.0M | -425.8M | -546.2M |
| Net Change in Cash | -224.1M | 375.1M | -12.3M | -3.2M | 123.4M |
Cash Flow Trend
BridgeBio Pharma Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-19.38
Forward P/E
355.73
Price to Book
-6.83
Price to Sales
28.30
PEG Ratio
0.68
Profitability Ratios
Profit Margin
-144.39%
Operating Margin
-83.30%
Return on Equity
34.91%
Return on Assets
-33.83%
Financial Health
Current Ratio
2.77
Debt to Equity
-0.90
Beta
1.09
Per Share Data
EPS (TTM)
$-3.87
Book Value per Share
$-10.71
Revenue per Share
$2.62
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| BBIO | 14.2B | -19.38 | -6.83 | 34.91% | -144.39% | -0.90 |
| Vertex | 109.4B | 28.40 | 5.92 | 22.54% | 32.94% | 10.91 |
| Regeneron | 81.0B | 18.00 | 2.45 | 14.86% | 31.41% | 9.51 |
| Alnylam | 41.9B | 132.73 | 52.09 | 73.28% | 8.45% | 376.19 |
| Insmed | 31.0B | -22.40 | 40.88 | -249.28% | -210.54% | 101.43 |
| Royalty Pharma plc | 29.4B | 27.89 | 3.29 | 13.20% | 32.42% | 92.33 |
Financial data is updated regularly. All figures are in the company's reporting currency.






