BIOMARIN PHARMACEUTICAL INC

BIOMARIN PHARMACEUTICAL INCBMRNEarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

BioMarin Pharmaceutical Inc. is an American biotechnology company headquartered in San Rafael, California. It has offices and facilities in the United States, South America, Asia, and Europe. BioMarin's core business and research are in enzyme replacement therapies (ERTs). BioMarin was the first company to provide therapeutics for mucopolysaccharidosis type I, by manufacturing laronidase. BioMarin was also the first company to provide therapeutics for phenylketonuria (PKU).

BMRN Q1 FY2026 Key Financial Metrics

Revenue

$766.2M

Gross Profit

$571.2M

Operating Profit

$129.6M

Net Profit

$106.0M

Gross Margin

74.6%

Operating Margin

16.9%

Net Margin

13.8%

YoY Growth

3.0%

EPS

$0.54

BIOMARIN PHARMACEUTICAL INC Q1 FY2026 Financial Summary

BIOMARIN PHARMACEUTICAL INC reported revenue of $766.2M (up 3.0% YoY) for Q1 FY2026, with a net profit of $106.0M (13.8% margin). Cost of goods sold was $195.0M, operating expenses totaled $441.6M.

Key Financial Metrics

Total Revenue$766.2M
Net Profit$106.0M
Gross Margin74.6%
Operating Margin16.9%
Report PeriodQ1 FY2026

BIOMARIN PHARMACEUTICAL INC Annual Revenue by Year

BIOMARIN PHARMACEUTICAL INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.2B).

YearAnnual Revenue
2025$3.2Bvs 2024
2024$2.9Bvs 2023
2023$2.4Bvs 2022
2022$2.1B

BIOMARIN PHARMACEUTICAL INC Quarterly Revenue & Net Profit History

BIOMARIN PHARMACEUTICAL INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$766.2M+3.0%$106.0M13.8%
Q4 FY2025$874.6M+17.0%$-46.6M-5.3%
Q3 FY2025$776.1M+4.1%$-30.7M-4.0%
Q2 FY2025$825.4M+15.9%$240.5M29.1%
Q1 FY2025$745.1M+14.8%$185.7M24.9%
Q4 FY2024$747.3M+15.6%$124.9M16.7%
Q3 FY2024$745.7M+28.3%$106.1M14.2%
Q2 FY2024$712.0M+19.6%$107.2M15.1%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$712.0M$745.7M$747.3M$745.1M$825.4M$776.1M$874.6M$766.2M
YoY Growth19.6%28.3%15.6%14.8%15.9%4.1%17.0%3.0%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$7.07B$6.85B$6.99B$7.15B$7.46B$7.61B$7.59B$8.59B
Liabilities$1.78B$1.44B$1.33B$1.35B$1.43B$1.56B$1.51B$2.38B
Equity$5.29B$5.41B$5.66B$5.79B$6.03B$6.06B$6.09B$6.21B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Operating CF$118.8M$221.5M$185.6M$174.4M$185.3M$368.7M$99.6M$220.7M