Vanda Pharmaceuticals Inc.

Vanda Pharmaceuticals Inc.VNDAEarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on developing and commercializing innovative therapies for central nervous system disorders. Its key marketed products cover indications including sleep-wake cycle disturbances and schizophrenia, with core operations and primary sales markets concentrated in North America, catering to patient groups with significant unmet medical needs.

VNDA Q4 FY2025 Key Financial Metrics

Revenue

$57.2M

Gross Profit

N/A

Operating Profit

$-40.4M

Net Profit

$-141.2M

Gross Margin

N/A

Operating Margin

-70.5%

Net Margin

-246.8%

YoY Growth

7.6%

EPS

$-2.40

Vanda Pharmaceuticals Inc. Q4 FY2025 Financial Summary

Vanda Pharmaceuticals Inc. reported revenue of $57.2M (up 7.6% YoY) for Q4 FY2025, with a net profit of $-141.2M (down 2774.3% YoY) (-246.8% margin).

Key Financial Metrics

Total Revenue$57.2M
Net Profit$-141.2M
Gross MarginN/A
Operating Margin-70.5%
Report PeriodQ4 FY2025

Revenue Breakdown

Vanda Pharmaceuticals Inc. Q4 FY2025 revenue of $57.2M breaks down across 3 segments, led by Fanapt at $33.2M (58.1% of total).

SegmentRevenue% of Total
Fanapt$33.2M58.1%
Hetlioz$16.4M28.6%
PONVORY$7.6M13.3%

Vanda Pharmaceuticals Inc. Revenue by Segment — Quarterly Trend

Vanda Pharmaceuticals Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Fanapt and Hetlioz) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Fanapt$33.2M$31.2M$29.3M$23.5M
Hetlioz$16.4M$18.0M$16.2M$20.9M
PONVORY$7.6M$7.0M$7.1M$5.6M

Vanda Pharmaceuticals Inc. Annual Revenue by Year

Vanda Pharmaceuticals Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $216.1M).

YearAnnual Revenue
2025$216.1Mvs 2024
2024$198.8Mvs 2023
2023$192.6Mvs 2022
2022$254.4M

Vanda Pharmaceuticals Inc. Quarterly Revenue & Net Profit History

Vanda Pharmaceuticals Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$57.2M+7.6%$-141.2M-246.8%
Q3 FY2025$56.3M+18.1%$-22.6M-40.1%
Q2 FY2025$52.6M+4.2%$-27.2M-51.7%
Q1 FY2025$50.0M+5.4%$-29.5M-58.9%
Q4 FY2024$53.2M+17.5%$-4.9M-9.2%
Q3 FY2024$47.7M+22.8%$-5.3M-11.2%
Q2 FY2024$50.5M+9.6%$-4.5M-9.0%
Q1 FY2024$47.5M-24.1%$-4.1M-8.7%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$47.5M$50.5M$47.7M$53.2M$50.0M$52.6M$56.3M$57.2M
YoY Growth-24.1%9.6%22.8%17.5%5.4%4.2%18.1%7.6%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$652.7M$651.4M$645.1M$656.2M$631.9M$624.7M$601.1M$488.9M
Liabilities$108.7M$108.9M$103.9M$117.7M$120.5M$138.4M$135.1M$161.8M
Equity$544.0M$542.5M$541.2M$538.5M$511.4M$486.3M$466.0M$327.2M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$7.6M$-6.9M$-14.6M$-1.8M$-33.1M$-15.3M$-31.6M$-29.4M