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Ultragenyx Pharmaceutical RARE Liability Related To Sale Of Future Royalties

Liability Related To Sale Of Future Royalties at other companies

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Other financials

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 debt$36.0M-10.8%
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

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Market cap$2.83B-39.4%
P/S4.2×-3.7×

Profitability

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Gross margin97.2%
Operating margin-83.8%-3.0pp
Net margin-90.9%-2.1pp
FCF margin-75.1%+10.7pp

Returns & leverage

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Return on equity-325.6%+36.9pp
Debt / equity3.7×
Current ratio-0.4×

Where this comes from

Reported directly by Ultragenyx Pharmaceutical in its filing.

Tagged under the XBRL concept rare:LiabilityRelatedToSaleOfFutureRoyalties.

The official record: Ultragenyx Pharmaceutical’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ultragenyx Pharmaceutical's liability related to sale of future royalties?
Ultragenyx Pharmaceutical (RARE) reported liability related to sale of future royalties of $1.13B in Q1 2026.
How has Ultragenyx Pharmaceutical's liability related to sale of future royalties changed year-over-year?
Ultragenyx Pharmaceutical's liability related to sale of future royalties increased by 42.1% year-over-year, from $794.05M to $1.13B.
What is the long-term trend for Ultragenyx Pharmaceutical's liability related to sale of future royalties?
Over 5 years (2020 to 2025), Ultragenyx Pharmaceutical's liability related to sale of future royalties has grown at a 27.9% compound annual growth rate (CAGR), from $335.67M to $1.15B.
What does liability related to sale of future royalties mean?
This represents the long-term portion of financial obligations resulting from the upfront sale of rights to future royalty payments. It serves as a measure of the total outstanding debt-like commitment owed to investors who provided capital in exchange for a share of future product revenue. Investors monitor this to understand the long-term impact of royalty monetization on future earnings and the company's overall leverage profile.