Skip to content
Madrigal Pharmaceuticals, Inc. logo

Madrigal Pharmaceuticals, Inc.

MDGL

Madrigal Pharmaceuticals is a commercial-stage biopharmaceutical company focused on developing and delivering novel therapeutics for metabolic dysfunction-associated steatotic liver disease (MASH).

Market cap
$12.71B+97.5%
Revenue$1.1B+257%
Net income-$309.4M+21.0%
Free cash flow-$440.3M+3.7%
EPS (diluted)-$10.79+51.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$351.4M
EPS estimate-$2.66

Financials

Q1 2026

Income statement

See full
Revenue$311.3M+127%
Operating income-$92.7M-16.9%
Net income-$94.4M-28.9%
EPS (diluted)-$3.25-24.5%

Balance sheet

See full
Cash & equivalents$232.2M+23.1%
Total debt$377.3M+187%
Total equity$543.5M-23.5%
Total assets$1.2B+23.1%

Cash flow

See full
Operating cash flow-$167.4M-88.4%
CapEx$3.8M
Free cash flow-$171.3M-92.7%

Valuation & ratios

Valuation

See full
Market cap$12.71B+97.5%
Enterprise value$12.85B+98.5%
P/S11.2×-1.4×

Profitability

See full
Operating margin-27.7%-12.2pp
Net margin-27.3%-12.0pp

Returns & leverage

See full
Return on equity-49.3%-0.8pp
Debt / equity0.7×+0.5×
Current ratio3.5×-2.4×

Segments

By segment

See full
Reportable Segment$311.3M+127%

Competitors

Profile

Madrigal Pharmaceuticals is a commercial-stage biopharmaceutical company focused on developing and delivering novel therapeutics for metabolic dysfunction-associated steatotic liver disease (MASH). Its core value proposition centers on Rezdiffra, the first FDA-approved therapy for adults with noncirrhotic MASH with moderate to advanced liver fibrosis. The company is leveraging its first-to-market advantage to establish a leadership position in the MASH treatment landscape while expanding its pipeline through strategic acquisitions and internal development.

Competitive position

Madrigal holds a first-mover advantage as the first company to receive both FDA and EC approval for a MASH-specific treatment. It maintains a leading position through extensive clinical data and a growing pipeline of complementary mechanisms.

GeographiesUnited States, Germany, European Union
Customer segmentsSpecialist Physicians, MASH Patients, Healthcare Payers
Business modelDrug Development, Commercial-stage Biopharma
SuppliersContract Manufacturing Organizations (CMOs), Active Pharmaceutical Ingredient (API) suppliers, Clinical Research Organizations (CROs)
CustomersSpecialty Pharmacies, Hospitals, Healthcare Providers, Commercial Payers
Listed2007
Employees376.0
CEOWilliam J. Sibold
FilingsSEC EDGAR

Questions, answered.

What is Madrigal Pharmaceuticals, Inc.'s market cap?
Madrigal Pharmaceuticals, Inc. (MDGL) has a market capitalization of $12.7B and trades on NASDAQ.
What is Madrigal Pharmaceuticals, Inc.'s revenue and profitability?
Madrigal Pharmaceuticals, Inc. generated $1.1B in trailing twelve-month revenue with a net loss of $309.4M, representing a net margin of -27.3%. Gross margin stands at 96.5%, with free cash flow of -$440.3M. These figures are based on the Q1 2026 filing.
Who are Madrigal Pharmaceuticals, Inc.'s competitors?
Madrigal Pharmaceuticals, Inc.'s key competitors include Eli Lilly and Company, Viking Therapeutics, Altimmune, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Madrigal Pharmaceuticals, Inc. partner with?
Madrigal Pharmaceuticals, Inc.'s notable partners include Hoffmann-La Roche, CSPC Pharmaceutical Group Limited, Pfizer, and others.
Where is Madrigal Pharmaceuticals, Inc. headquartered?
Madrigal Pharmaceuticals, Inc. is headquartered in United States of America and employs approximately 376 people. It has been publicly traded since 2007.