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Madrigal Pharmaceuticals, Inc. MDGL Business Segments — SG&A

Discontinued — last reported Q4 '25

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MOVESegment Reporting — Selling General And Administrative Expense
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Other financials

Income statement

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Revenue$311.3M+127%
Gross profit$43.5M
Operating income-$92.7M-16.9%
Net income-$94.4M-28.9%
EPS (diluted)-$3.25-24.5%

Balance sheet

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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

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

Valuation

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Market cap$11.66B+64.2%
Enterprise value$11.81B+67.5%
P/S10.3×-12.1×

Profitability

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Gross margin96.5%
Operating margin-27.7%-12.2pp
Net margin-27.3%-12.0pp
FCF margin-59.8%-29.6pp

Returns & leverage

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

Where this comes from

Reported directly by Madrigal Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Madrigal Pharmaceuticals, Inc.’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Madrigal Pharmaceuticals, Inc.'s business segments — SG&A?
Madrigal Pharmaceuticals, Inc. (MDGL) reported business segments — SG&A of $239.98M in Q4 2025.
How has Madrigal Pharmaceuticals, Inc.'s business segments — SG&A changed year-over-year?
Madrigal Pharmaceuticals, Inc.'s business segments — SG&A increased by 69.9% year-over-year, from $141.22M to $239.98M.
What is the long-term trend for Madrigal Pharmaceuticals, Inc.'s business segments — SG&A?
Over 2 years (2023 to 2025), Madrigal Pharmaceuticals, Inc.'s business segments — SG&A has grown at a 174.3% compound annual growth rate (CAGR), from $108.15M to $813.83M.
What does business segments — SG&A mean?
The total overhead and commercialization costs required to support the segment's business activities.
How do you interpret business segments — SG&A?
An increase often signals aggressive commercial expansion or market entry efforts, while a decrease may indicate cost-cutting measures or improved operational efficiency.
How does business segments — SG&A compare across companies?
Peers in the biopharmaceutical industry typically report this as SG&A, with levels varying significantly based on the stage of product commercialization.