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Other financials

Income statement

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Revenue$17.7M+15.0%
Operating income-$9.5M+34.3%
Net income-$4.9M+63.7%
EPS (diluted)-$0.10+63.0%

Balance sheet

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Cash & equivalents$288.1M+160%
Total debt$40.5M-15.9%
Total equity$290.6M+75.1%
Total assets$472.3M+37.5%

Cash flow

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Operating cash flow$73.3M+70.3%
CapEx$8.0K-95.8%
Free cash flow$59.6M+5,560%

Valuation

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Market cap$877.45M+53.9%
Enterprise value$629.86M+88.3%
P/E7.7×-36.1×
P/S+0.6×

Profitability

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Gross margin60.8%
Operating margin1.2%+0.6pp
Net margin104.3%+71.4pp
FCF margin221.9%+206pp

Returns & leverage

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Return on equity50.2%+36.2pp
Debt / equity0.1×-0.2×
Current ratio13.1×+8.4×

Where this comes from

Reported directly by Theravance Biopharma in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Theravance Biopharma’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 9:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-056760
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Viatris collaboration agreement$17,699$15,388
Total revenues17,69915,388
Expenses:
Research and development (1)5,82911,452
Selling, general and administrative (1)17,72018,370
Restructuring expenses (1) (2)3,633
Total expenses27,18229,822
Loss from operations(9,483)(14,434)

Item 1. Financial Statements (unaudited)

FAQ

What is Theravance Biopharma's R&D?
Theravance Biopharma (TBPH) reported R&D of $5.83M in Q1 2026.
How has Theravance Biopharma's R&D changed year-over-year?
Theravance Biopharma's R&D decreased by 49.1% year-over-year, from $11.45M to $5.83M.
What is the long-term trend for Theravance Biopharma's R&D?
Over 4 years (2021 to 2025), Theravance Biopharma's R&D has grown at a -33.7% compound annual growth rate (CAGR), from $193.66M to $37.41M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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