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Mirum Pharmaceuticals, Inc. MIRM Business Segments — Acquired in-process research and development

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Other financials

Income statement

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Revenue$176.2M+37.9%
Operating income-$42.5M-753%
Net income-$67.2M-1,047%
EPS (diluted)-$1.06-783%

Balance sheet

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Cash & equivalents$262.7M+39.4%
Total debt$12.9M+29.2%
Total equity-$10.4M-104%
Total assets$1.0B+44.0%

Cash flow

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Operating cash flow-$44.3M-468%
CapEx$23.0K-81.7%
Free cash flow-$44.3M-472%

Valuation

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Market cap$6.45B+144%
Enterprise value$6.2B+151%
P/S10.4×+4.3×

Profitability

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Operating margin-134.9%-151pp
Net margin-139.2%-156pp
FCF margin-37%

Returns & leverage

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Return on equity-335.8%-377pp
Debt / equity0.1×0.0×
Current ratio2.9×-0.3×

Where this comes from

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

Tagged under the XBRL concept mirm:ResearchAndDevelopmentExpenseAcquiredInProcessCost.

The source filing: Mirum Pharmaceuticals, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001759425-26-000045
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses:
Cost of sales30,34823,42159,15346,439
Research and development90,52846,067188,43887,111
Acquired in-process research and development16,435742,7375,000
Selling, general and administrative81,46963,286177,799120,992
Total operating expenses218,780132,7741,168,127259,542
Loss from operations(42,537)(4,989)(832,002)(20,172)
Other income (expense):

Item 1. Financial Statements (Unaudited)

FAQ

What is Mirum Pharmaceuticals, Inc.'s business segments — acquired in-process research and development?
Mirum Pharmaceuticals, Inc. (MIRM) reported business segments — acquired in-process research and development of $16.44M in Q2 2026.
What does business segments — acquired in-process research and development mean?
Represents the value of research and development projects acquired through business combinations that have not yet reached technological feasibility. This metric highlights the company's strategy for inorganic growth and the expansion of its pipeline through external asset acquisition.

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