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BridgeBio Pharma BBIO Deferred royalty obligations, net

Deferred royalty obligations, net at other companies

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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$16.06B+87.5%
Enterprise value$18.44B+136%
P/S27.7×-8.6×

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 bbio:DeferredRoyaltyObligationNet.

The source filing: BridgeBio Pharma’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001743881-26-000019
Line itemMarch 31,2026December 31,2025
2031 Notes, net565,045564,565
2029 Notes, net741,402740,890
2027 Notes, net547,015
Deferred royalty obligations, net (3)871,185855,030
Operating lease liabilities, net of current portion14,2163,811
Deferred revenue, net of current portion11,77613,080
Other long-term liabilities229244
Total liabilities3,639,8563,012,606

Item 1. Financial Statements (Unaudited)

FAQ

What is BridgeBio Pharma's deferred royalty obligations, net?
BridgeBio Pharma (BBIO) reported deferred royalty obligations, net of $871.19M in Q1 2026.
How has BridgeBio Pharma's deferred royalty obligations, net changed year-over-year?
BridgeBio Pharma's deferred royalty obligations, net increased by 75.2% year-over-year, from $497.3M to $871.19M.
What does deferred royalty obligations, net mean?
This represents the net liability associated with future royalty payments that have been monetized or financed upfront. It reflects the company's obligation to share future product revenues with third-party financiers. This is a common financing tool used by biotech firms to fund R&D without immediate equity dilution.

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