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Ultragenyx Pharmaceutical

RARE

Ultragenyx Pharmaceutical is a biopharmaceutical company focused on the development and commercialization of novel therapies for serious rare and ultra-rare genetic diseases.

Market cap
$2.65B+3.2%
Revenue$669.7M+13.5%
Net income-$608.9M-10.9%
Free cash flow-$503.0M-27.6%
EPS (diluted)-$6.10-3.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$183.1M
EPS estimate-$1.21

Financials

Q1 2026

Income statement

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Revenue$136.0M-2.2%
Operating income-$169.0M-18.2%
Net income-$185.0M-22.5%
EPS (diluted)-$1.84-17.2%

Balance sheet

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Cash & equivalents$175.0M+37.8%
Total equity-$236.0M-264%
Total assets$1.3B-1.2%

Cash flow

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Operating cash flow-$197.0M-18.7%
CapEx$1.0M0.0%
Free cash flow-$198.0M-18.6%

Valuation & ratios

Valuation

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Market cap$2.65B+3.2%
P/S-0.3×

Profitability

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Operating margin-83.8%-3.0pp
Net margin-90.9%-2.1pp
FCF margin-75.1%+10.7pp

Returns & leverage

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Current ratio-0.4×

Segments

By geography

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North America$59.0M+1.7%
Latin America$42.0M-23.6%
EMEA$31.0M+34.8%
Asia Pacific$4.0M+33.3%

By product

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Collaboration And Royalty$93.0M-9.7%
Royalty$47.0M-2.1%
Non Cash Royalty$20.0M+5.3%

Competitors

Profile

Ultragenyx Pharmaceutical is a biopharmaceutical company focused on the development and commercialization of novel therapies for serious rare and ultra-rare genetic diseases. The company leverages a diverse portfolio of biologics, small molecules, and gene therapies to address conditions with high unmet medical needs and well-understood biology. Its value proposition is built on an integrated model of in-licensing promising candidates and maintaining global commercialization rights through a specialized, patient-focused organization.

Competitive position

A leading developer in the ultra-rare disease space with a first-in-class portfolio and a robust gene therapy manufacturing infrastructure.

GeographiesNorth America, European Union, United Kingdom, Latin America, Japan, Türkiye
Customer segmentsSpecialty healthcare providers, Wholesale distributors, Pharmaceutical partners
Business modelR&D-driven drug development, Licensing and royalties, Direct commercialization
SuppliersAcademic research institutions, Contract Development and Manufacturing Organizations (CDMOs), Raw material suppliers, Clinical Research Organizations (CROs)
CustomersDrug wholesalers, Specialty pharmacies, Hospitals and clinics, Government and private health insurers
Listed2014
Employees1.3K
CEOEmil D. Kakkis
FilingsSEC EDGAR

Questions, answered.

What is Ultragenyx Pharmaceutical's market cap?
Ultragenyx Pharmaceutical (RARE) has a market capitalization of $2.6B and trades on NASDAQ.
What is Ultragenyx Pharmaceutical's revenue and profitability?
Ultragenyx Pharmaceutical generated $669.7M in trailing twelve-month revenue with a net loss of $608.9M, representing a net margin of -90.9%. Gross margin stands at 97.2%, with free cash flow of -$503.0M. These figures are based on the Q1 2026 filing.
Who are Ultragenyx Pharmaceutical's competitors?
Ultragenyx Pharmaceutical's key competitors include Arrowhead Pharmaceuticals, Amgen, Ionis Pharmaceuticals, and others. These companies compete in similar markets and product categories.
Who does Ultragenyx Pharmaceutical partner with?
Ultragenyx Pharmaceutical's notable partners include Kyowa Kirin Co., Ltd., Regeneron Pharmaceuticals, Mereo BioPharma, and others.
What subsidiaries does Ultragenyx Pharmaceutical have?
Ultragenyx Pharmaceutical's subsidiaries include GeneTx Biotherapeutics LLC.
Where is Ultragenyx Pharmaceutical headquartered?
Ultragenyx Pharmaceutical is headquartered in United States of America and employs approximately 1,276 people. It has been publicly traded since 2014.