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Corcept Therapeutics

CORT

Corcept Therapeutics is a commercial-stage biopharmaceutical company focused on the discovery and development of medications that modulate the effects of the hormone cortisol.

Market cap
$9.78B+31.9%
Revenue$830.8M+16.0%
Net income$55.2M-58.7%
Free cash flow$106.9M-40.7%
EPS (diluted)$0.42-62.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$256.1M+31.7%
Gross profit$252.1M+32.0%
Operating income$41.3M+54.8%
Net income$43.0M+22.3%
EPS (diluted)$0.36+24.1%

Balance sheet

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Cash & equivalents$112.3M+9.3%
Total debt$9.4M+42.6%
Total equity$705.8M+11.0%
Total assets$888.7M+10.8%

Cash flow

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Operating cash flow$33.5M-23.7%
CapEx$2.5M+4,335%
Free cash flow$31.0M-29.3%

Valuation & ratios

Valuation

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Market cap$9.78B+31.9%
Enterprise value$9.68B+33.7%
P/E177.3×+122×
P/S11.8×+1.5×

Profitability

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Gross margin98.3%-0.1pp
Operating margin0.8%-13.5pp
Net margin6.6%-12.0pp
FCF margin12.9%-12.3pp

Returns & leverage

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Return on equity8.2%-13.5pp
Debt / equity0.0×
Current ratio2.9×-0.2×

Competitors

Profile

Corcept Therapeutics is a commercial-stage biopharmaceutical company focused on the discovery and development of medications that modulate the effects of the hormone cortisol. The company leverages its proprietary portfolio of selective cortisol modulators to treat severe endocrinologic, oncologic, metabolic, and neurologic disorders. Its primary value proposition lies in managing hypercortisolism and improving outcomes in various solid tumors and neuromuscular diseases without the adverse effects associated with traditional progesterone receptor binding.

Competitive position

A leading specialist in cortisol modulation with a significant proprietary library of over 1,000 selective cortisol modulators and a commercial presence in the Cushing's syndrome market.

GeographiesUnited States, European Union
Customer segmentsPatients, Healthcare Providers
Business modelResearch and Development, Product Sales
SuppliersContract Manufacturing Organizations (CMOs), Clinical Research Organizations (CROs), Active Pharmaceutical Ingredient (API) Suppliers
CustomersSpecialty Pharmacies, Specialty Distributors, Hospitals, Physicians
Listed2004
Employees352.0
CEOJoseph K. Belanoff
FilingsSEC EDGAR

Questions, answered.

What is Corcept Therapeutics's market cap?
Corcept Therapeutics (CORT) has a market capitalization of $10.1B and trades on NASDAQ.
What is Corcept Therapeutics's revenue and profitability?
Corcept Therapeutics generated $830.8M in trailing twelve-month revenue with net income of $55.2M, representing a net margin of 6.6%. Gross margin stands at 98.3%, with free cash flow of $106.9M. These figures are based on the Q2 2026 filing.
Who are Corcept Therapeutics's competitors?
Corcept Therapeutics's key competitors include Xeris Biopharma Holdings, Inc., Crinetics Pharmaceuticals, Inc., Corbus Pharmaceuticals Holdings, Inc., and others. These companies compete in similar markets and product categories.
Who does Corcept Therapeutics partner with?
Corcept Therapeutics's notable partners include Curant Health Georgia, LLC, Syneos Health, Medpace Research, and others.
Where is Corcept Therapeutics headquartered?
Corcept Therapeutics is headquartered in United States of America and employs approximately 352 people. It has been publicly traded since 2004.