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Opko Health OPK Pharmaceutical — Research And Development Expense

Other segment segments

Diagnostics
$294K-39.3%

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Other financials

Income statement

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Revenue$163.6M+4.3%
Gross profit$80.0M+62.0%
Operating income-$7.0M+88.4%
Net income-$8.4M+94.3%
EPS (diluted)-$0.01+94.7%

Balance sheet

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Cash & equivalents$40.6M-62.5%
Total debt$49.9M-7.5%
Total equity$1.2B-8.7%
Total assets$1.8B-7.3%

Cash flow

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Operating cash flow-$43.5M+47.9%
CapEx$3.0M-8.5%
Free cash flow-$46.5M+46.4%

Valuation

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Market cap$985.15M-2.3%
P/S1.7×+0.2×

Profitability

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Gross margin40.8%+8.1pp
Operating margin-8.2%-3.5pp
Net margin-12.4%-4.3pp
FCF margin-22.8%-6.7pp

Returns & leverage

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Return on equity-5.9%-2.1pp
Debt / equity0.0×
Current ratio3.3×-0.1×

Where this comes from

Reported directly by Opko Health in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Opko Health’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-318090
(In thousands) / Revenue from services: / PharmaceuticalFor the three months ended June 30, 2026 / —For the three months ended June 30, 2025 / —For the six months ended June 30, 2026 / —For the six months ended June 30, 2025 / —
Corporate12,43413,03120,68521,451
$52,924$59,597$101,531$118,683
Research and development:
Pharmaceutical$32,739$29,778$61,492$60,016
Diagnostics2944846061,022
Corporate13380267145
$33,166$30,342$62,365$61,183
Amortization of intangible assets:

Item 1. Financial Statements

FAQ

What is Opko Health's pharmaceutical — research and development expense?
Opko Health (OPK) reported pharmaceutical — research and development expense of $32.74M in Q2 2026.
How has Opko Health's pharmaceutical — research and development expense changed year-over-year?
Opko Health's pharmaceutical — research and development expense increased by 9.9% year-over-year, from $29.78M to $32.74M.
What is the long-term trend for Opko Health's pharmaceutical — research and development expense?
Over 2 years (2023 to 2025), Opko Health's pharmaceutical — research and development expense has grown at a 18.4% compound annual growth rate (CAGR), from $87.01M to $121.91M.
What does pharmaceutical — research and development expense mean?
The costs incurred by the pharmaceutical segment to discover, develop, and test new drug candidates or improve existing pharmaceutical products. This reflects the company's investment in future growth and long-term pipeline innovation.

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