What is Mirum Pharmaceuticals, Inc.'s contract liabilities?

Mirum Pharmaceuticals, Inc. (MIRM) reported contract liabilities of $3.6M in Q1 2026.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Mirum Pharmaceuticals, Inc. MIRM Contract Liabilities

Contract Liabilities at other companies

Ionis PharmaceuticalsIONS

$75.75M-46.2%

BridgeBio PharmaBBIO

$11.78M—

Arrowhead ResearchARWR

——

Other financials

Income statement

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Revenue$159.9M+43.3%

Operating income-$789.5M-5,100%

Net income-$790.2M-5,284%

EPS (diluted)-$13.43-4,377%

Balance sheet

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Cash & equivalents$261.5M+43.5%

Total debt$13.5M+56.4%

Total equity$242.5M+4.0%

Total assets$890.9M+29.1%

Cash flow

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Operating cash flow-$228.8M-11,566%

CapEx$664.0K+1,520%

Free cash flow-$229.4M-11,360%

Valuation

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Market cap$6.53B+152%

Enterprise value$6.28B+162%

P/S11.5×+4.6×

Profitability

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Operating margin-139.8%-168pp

Net margin-140.2%-169pp

FCF margin-30.3%—

Returns & leverage

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Return on equity-335.8%-377pp

Debt / equity0.1×0.0×

Current ratio2.1×-1.1×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Mirum Pharmaceuticals, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mirum Pharmaceuticals, Inc.'s contract liabilities?: Mirum Pharmaceuticals, Inc. (MIRM) reported contract liabilities of $3.6M in Q1 2026.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.