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Neurocrine Biosciences NBIX Operating Lease Liabilities

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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$16.25B+27.5%
Enterprise value$16.43B+26.9%
P/E24.3×-12.3×
P/S5.2×+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:OperatingLeaseLiabilityNoncurrent.

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)March 31,2026December 31,2025
Accounts payable and accrued liabilities$773.0$674.3
Other current liabilities58.769.1
Total current liabilities831.7743.4
Noncurrent operating lease liabilities406.2415.3
Other noncurrent liabilities260.9219.7
Total liabilities1,498.81,378.4
Stockholders’ equity:
Preferred stock, $0.001 par value; 5.0 shares authorized; no shares issued and outstanding

Item 1. Financial Statements

FAQ

What is Neurocrine Biosciences's operating lease liabilities?
Neurocrine Biosciences (NBIX) reported operating lease liabilities of $406.2M in Q1 2026.
How has Neurocrine Biosciences's operating lease liabilities changed year-over-year?
Neurocrine Biosciences's operating lease liabilities decreased by 9.2% year-over-year, from $447.5M to $406.2M.
What is the long-term trend for Neurocrine Biosciences's operating lease liabilities?
Over 5 years (2020 to 2025), Neurocrine Biosciences's operating lease liabilities has grown at a 34.5% compound annual growth rate (CAGR), from $94.4M to $415.3M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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