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Other financials

Income statement

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Revenue$989.7M+19.9%
Gross profit$786.9M+16.5%
Operating income$110.9M-59.9%
Net income$44.8M-81.4%
EPS (diluted)$0.23-81.3%

Balance sheet

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Cash & equivalents$874.0M-28.0%
Total debt$4.2B+598%
Total equity$6.3B+4.9%
Total assets$11.7B+57.2%

Cash flow

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Operating cash flow$168.1M-9.3%
CapEx$28.8M+68.5%
Free cash flow$139.3M-17.2%

Valuation

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Market cap$11.58B-0.6%
Enterprise value$14.89B+34.9%
P/E32.2×-34.7×
P/S3.4×-0.4×

Profitability

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Gross margin76.1%-3.4pp
Operating margin19.9%+7.2pp
Net margin16.8%+5.1pp
FCF margin21.7%-1.0pp

Returns & leverage

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Return on equity9.1%+2.8pp
Debt / equity0.7×+0.6×
Current ratio2.4×-3.2×

Where this comes from

Reported directly by BioMarin Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: BioMarin Pharmaceuticals’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001048477-26-000016
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
OPERATING EXPENSES:
Cost of sales202,795150,090397,794301,648
Research and development206,952161,308385,748320,039
Selling, general and administrative395,549232,279653,839438,395
Intangible asset amortization73,4924,84677,9759,693
Total operating expenses878,788548,5231,515,3561,069,775
INCOME FROM OPERATIONS110,920276,887240,560500,780
Interest income10,48018,82733,04037,840

Item 1. Financial Statements

FAQ

What is BioMarin Pharmaceuticals's SG&A?
BioMarin Pharmaceuticals (BMRN) reported SG&A of $395.55M in Q2 2026.
How has BioMarin Pharmaceuticals's SG&A changed year-over-year?
BioMarin Pharmaceuticals's SG&A increased by 70.3% year-over-year, from $232.28M to $395.55M.
What is the long-term trend for BioMarin Pharmaceuticals's SG&A?
Over 4 years (2021 to 2025), BioMarin Pharmaceuticals's SG&A has grown at a 11.0% compound annual growth rate (CAGR), from $759.38M to $1.15B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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