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BridgeBio Pharma BBIO License and services revenue — Contract with customer, liability

Discontinued — last reported Q1 '24

Other product segments

Research and Development Services
$2.7M

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Other financials

Income statement

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Revenue$194.5M+66.8%
Gross profit$184.6M+61.9%
Operating income-$106.0M-1.5%
Net income-$166.6M+1.8%
EPS (diluted)-$0.84+4.5%

Balance sheet

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Cash & equivalents$882.0M+62.5%
Total debt$3.3B+32,101%
Total equity-$2.3B-38.2%
Total assets$1.4B+55.5%

Cash flow

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Operating cash flow-$197.3M+1.0%
CapEx$69.0K
Free cash flow-$197.3M+0.9%

Valuation

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Market cap$12.98B+119%
Enterprise value$15.36B+178%
P/S22.4×-24.1×

Profitability

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Gross margin95.1%-0.2pp
Operating margin-90.5%-41.2pp
Net margin-125.9%-54.5pp
FCF margin-76.8%

Returns & leverage

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Return on equity-216.8%
Debt / equity
Current ratio1.5×-3.0×

Where this comes from

Reported directly by BridgeBio Pharma in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: BridgeBio Pharma’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BridgeBio Pharma's license and services revenue — contract with customer, liability?
BridgeBio Pharma (BBIO) reported license and services revenue — contract with customer, liability of $135M in Q1 2024.
What does license and services revenue — contract with customer, liability mean?
Payments received from customers for work that has not yet been completed.
How do you interpret license and services revenue — contract with customer, liability?
An increase suggests strong upfront payments from new partnerships, while a decrease indicates the company is successfully fulfilling its contractual obligations.
How does license and services revenue — contract with customer, liability compare across companies?
Standard accounting metric for deferred revenue; comparable to 'Deferred Revenue' or 'Contract Liabilities' on the balance sheet of any firm using ASC 606.