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Neurocrine Biosciences NBIX Business Segments — Acquired in-process research and development

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MOVEAcquired in-process research and development
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Other financials

Income statement

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Revenue$814.5M+42.2%
Gross profit$800.7M+42.1%
Operating income$193.4M+719%
Net income$197.9M+2,405%
EPS (diluted)$1.91+2,287%

Balance sheet

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Cash & equivalents$274.5M+35.8%
Total debt$463.5M-6.0%
Total equity$3.4B+34.4%
Total assets$4.9B+33.0%

Cash flow

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Operating cash flow$145.8M+125%
CapEx$9.1M-15.0%
Free cash flow$136.7M+153%

Valuation

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Market cap$16.42B+28.9%
Enterprise value$16.61B+28.2%
P/E24.6×-12.0×
P/S5.3×+0.2×

Profitability

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Gross margin98.2%-0.3pp
Operating margin25.4%+4.9pp
Net margin21.6%+8.9pp
FCF margin26.8%+6.4pp

Returns & leverage

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Return on equity22.5%+10.1pp
Debt / equity0.1×-0.1×
Current ratio2.9×-0.2×

Where this comes from

Reported directly by Neurocrine Biosciences in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff.

The source filing: Neurocrine Biosciences’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000914475-26-000026
(in millions, except per share data)Three Months Ended March 31, 20262025
Operating expenses:
Cost of revenues13.89.2
Research and development296.2263.2
Acquired in-process research and development21.20.1
Selling, general, and administrative318.5276.5
Gain on sale of business, net of transaction costs(28.6)
Total operating expenses621.1549.0
Operating income193.423.6

Item 1. Financial Statements

FAQ

What is Neurocrine Biosciences's business segments — acquired in-process research and development?
Neurocrine Biosciences (NBIX) reported business segments — acquired in-process research and development of $21.2M in Q1 2026.
How has Neurocrine Biosciences's business segments — acquired in-process research and development changed year-over-year?
Neurocrine Biosciences's business segments — acquired in-process research and development increased by 21100.0% year-over-year, from $100K to $21.2M.
What does business segments — acquired in-process research and development mean?
Reflects the costs associated with acquiring intellectual property or clinical-stage assets from third parties. This represents inorganic growth strategies to bolster the pipeline through external innovation.

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