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Biohaven BHVN Business Segments — R&D Share-based compensation expense

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Other financials

Income statement

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Operating income-$130.4M+41.1%
Net income-$130.5M+41.1%
EPS (diluted)-$0.88+59.4%

Balance sheet

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Cash & equivalents$277.1M+170%
Total debt$286.2M+706%
Total equity$129.5M-50.1%
Total assets$466.4M+1.6%

Cash flow

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Operating cash flow-$149.9M+9.2%
CapEx--100%
Free cash flow-$149.9M+9.5%

Valuation

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Market cap$2.17B+41.2%
Enterprise value$2.18B+31.3%

Returns & leverage

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Return on equity-333%+17.9pp
Debt / equity2.2×+2.1×
Current ratio7.4×+5.1×

Where this comes from

Reported directly by Biohaven in its filing.

Tagged under the XBRL concept bhvn:ResearchAndDevelopmentExpenseShareBasedCompensationExpense.

The source filing: Biohaven’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001935979-26-000045
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other R&D program expense49511
Preclinical research programs R&D Expense8,54925,535
R&D personnel expense (excluding share-based compensation)(1)21,01221,138
R&D Share-based compensation expense18,47535,233
G&A personnel expense (excluding share-based compensation)(1)5,4556,474
G&A Share-based compensation expense9,81117,829
Other segment items (2)14,45516,951
Non-operating income(168)(493)

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Biohaven's business segments — R&D share-based compensation expense?
Biohaven (BHVN) reported business segments — R&D share-based compensation expense of $18.48M in Q1 2026.
How has Biohaven's business segments — R&D share-based compensation expense changed year-over-year?
Biohaven's business segments — R&D share-based compensation expense decreased by 47.6% year-over-year, from $35.23M to $18.48M.
What is the long-term trend for Biohaven's business segments — R&D share-based compensation expense?
Over 3 years (2022 to 2025), Biohaven's business segments — R&D share-based compensation expense has grown at a -14.5% compound annual growth rate (CAGR), from $116.38M to $72.79M.
What does business segments — R&D share-based compensation expense mean?
Represents the non-cash expense associated with equity-based awards granted to research and development staff. This metric highlights the cost of aligning employee incentives with long-term shareholder value within the R&D function. It is essential for understanding the total compensation structure and potential dilution effects.

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