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BioMarin Pharmaceuticals BMRN Research and early pipeline — R&D

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Other financials

Income statement

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Revenue$766.2M+2.8%
Gross profit$571.2M-3.8%
Operating income$129.6M-42.1%
Net income$105.5M-43.2%
EPS (diluted)$0.54-43.2%

Balance sheet

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Cash & equivalents$3.1B+193%
Total debt$1.4B+138%
Total equity$6.2B+7.2%
Total assets$8.6B+20.2%

Cash flow

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Operating cash flow$220.7M+26.5%
CapEx$20.9M+24.8%
Free cash flow$199.7M+26.7%

Valuation

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Market cap$10.57B-19.4%
Enterprise value$8.93B-29.3%
P/E21.1×-22.7×
P/S3.3×-1.2×

Profitability

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Gross margin76.5%-2.9pp
Operating margin19.9%+7.2pp
Net margin16.8%+5.1pp
FCF margin23.7%+2.5pp

Returns & leverage

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Return on equity9.1%+2.8pp
Debt / equity0.2×+0.1×
Current ratio5.8×+0.3×

Where this comes from

Reported directly by BioMarin Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: BioMarin Pharmaceuticals’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BioMarin Pharmaceuticals's research and early pipeline — R&D?
BioMarin Pharmaceuticals (BMRN) reported research and early pipeline — R&D of $87.29M in Q1 2026.
How has BioMarin Pharmaceuticals's research and early pipeline — R&D changed year-over-year?
BioMarin Pharmaceuticals's research and early pipeline — R&D decreased by 3.5% year-over-year, from $90.47M to $87.29M.
What is the long-term trend for BioMarin Pharmaceuticals's research and early pipeline — R&D?
Over 3 years (2022 to 2025), BioMarin Pharmaceuticals's research and early pipeline — R&D has grown at a 6.9% compound annual growth rate (CAGR), from $313.92M to $383.71M.
What does research and early pipeline — R&D mean?
The total investment in discovering and testing new potential drug candidates in the early stages of development.
How do you interpret research and early pipeline — R&D?
An increase suggests a commitment to expanding the pipeline and future growth potential, while a decrease may indicate a strategic shift toward cost-efficiency or a focus on late-stage assets.
How does research and early pipeline — R&D compare across companies?
Peers in the biotechnology sector typically report this as a component of total R&D expenses, often benchmarked as a percentage of total revenue or as a proportion of the total R&D budget to gauge innovation intensity.