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Corcept Therapeutics CORT Q2 2025 earnings

Reported July 29, 2026 · After market close

Revenue$256.1MBeat by $35.0M
EPS$0.36Beat by $0.34
Revenue estimate$221.1M
EPS estimate$0.02
“Our oncology and Cushing's syndrome businesses delivered strong results in the second quarter. In our oncology business, over 1,300 patients have now started treatment with Lifyorli following FDA approval in March 2026. Demand for Lifyorli has accelerated each month with physicians responding favorably to Lifyorli's efficacy and safety profile, oral administration and lack of biomarker requirement. Our Cushing's syndrome business, once again, had a record number of new prescriptions written for our medications as physicians increasingly recognize hypercortisolism's true prevalence and the necessity of appropriate treatment. We expect this trend to continue as the findings from our CATALYST and MOMENTUM studies are fully incorporated into clinical practice. We anticipate continued strength across our businesses and have increased our 2026 revenue guidance to $1.1 – $1.2 billion”
Joseph K. Belanoff

Next report

Nov 4, 2026 (in a month)
Revenue estimate$323.9M
EPS estimate$0.81

Financials

Q2 2025

Income statement

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Revenue$194.4M+18.7%
Gross profit$191.0M+18.4%
Operating income$26.7M-25.1%
Net income$35.1M-1.0%
EPS (diluted)$0.29-9.4%

Balance sheet

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Cash & equivalents$102.7M-20.1%
Total debt$6.6M+16.5%
Total equity$635.8M+6.6%
Total assets$801.7M+12.2%

Cash flow

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Operating cash flow$43.9M+6.7%
CapEx$57.0K-86.3%
Free cash flow$43.9M+7.6%

Valuation & ratios

Valuation

as of 06/30/26
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Market cap$8.14B+141%
Enterprise value$8.04B+147%
P/E60.9×+34.1×
P/S11.4×+5.4×

Profitability

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Gross margin98.4%-0.1pp
Operating margin14.2%-8.2pp
Net margin18.7%-3.5pp
FCF margin25.2%+3.5pp

Returns & leverage

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Return on equity21.7%-3.1pp
Debt / equity0×0.0×
Current ratio3.1×-2.5×

FAQ

When did Corcept Therapeutics report Q2 2025 earnings?
Corcept Therapeutics (CORT) reported Q2 2025 earnings on July 29, 2026 after market close.
What were Corcept Therapeutics's Q2 2025 revenue and EPS?
Corcept Therapeutics reported revenue of $256.1M and eps of $0.36 for Q2 2025.
Did Corcept Therapeutics beat estimates in Q2 2025?
Revenue beat the consensus estimate of $221.1M by $35.0M. EPS beat the consensus estimate of $0.02 by $0.34.
How did Corcept Therapeutics's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 31.7% from $194.4M a year earlier and eps grew 24.1% from $0.29.
Where can I find Corcept Therapeutics's Q2 2025 SEC filings?
You can read the 8-K earnings release (0001628280-26-050607) and the 10-Q periodic report (0001628280-26-050613) directly on SEC EDGAR. The filing index links above go to sec.gov.