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Biohaven BHVN Stock-Based Comp

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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 us-gaap:ShareBasedCompensation.

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
Net loss$(130,532)$(221,677)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization2,3662,246
Non-cash share-based compensation28,28653,062
Issuance of common shares as payment under license and other agreements8584,844
Change in fair value of forward contract and derivative liabilities3,610
Change in fair value of notes payable3,012
Other non-cash items, net(837)(2,844)

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Biohaven's stock-based comp?
Biohaven (BHVN) reported stock-based comp of $28.29M in Q1 2026.
How has Biohaven's stock-based comp changed year-over-year?
Biohaven's stock-based comp decreased by 46.7% year-over-year, from $53.06M to $28.29M.
What is the long-term trend for Biohaven's stock-based comp?
Over 3 years (2022 to 2025), Biohaven's stock-based comp has grown at a -16.6% compound annual growth rate (CAGR), from $193.56M to $112.36M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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