What is Neurocrine Biosciences's prepaid expenses?

Neurocrine Biosciences (NBIX) reported prepaid expenses of $224.80M in Q1 2026.

What does prepaid expenses mean?

Payments made in advance for services or goods that the company will receive within a year.

Neurocrine Biosciences Prepaid expenses increased by 31.7% to $224.80M in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryLiquidity

SignalContext dependent

VolatilityStable

First reportedQ4 2024

Last reportedQ1 2026May 5, 2026

Significant fluctuations may indicate changes in the timing of large annual contracts or operational scaling.

These are payments made in advance for goods or services that will be received or consumed within the next twelve months...

Standard across all industries; generally represents a small portion of total current assets.

Metric ID: other_prepaid_expense_current

4 periods

	Q4 '24	Q3 '25	Q4 '25	Q1 '26
Value	$48.50M	$178.10M	$170.70M	$224.80M
QoQ Change	—	+267.2%	-4.2%	+31.7%
YoY Change	—	—	+252.0%	—

Range$48.50M – $224.80M

Avg YoY Growth+252.0%

Median YoY Growth+252.0%

What is Neurocrine Biosciences's prepaid expenses?: Neurocrine Biosciences (NBIX) reported prepaid expenses of $224.80M in Q1 2026.
What does prepaid expenses mean?: Payments made in advance for services or goods that the company will receive within a year.