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Segments

By segment

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Reportable Segment$57.09M+21.8%

Other financials

Income statement

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Revenue$127.2M+55.6%
Gross profit$125.2M+62.5%
Operating income-$36.9M+13.5%
Net income-$37.1M+10.0%
EPS (diluted)-$0.40+14.9%

Balance sheet

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Cash & equivalents$78.4M+26.6%
Total debt$15.6M-82.6%
Total equity$98.7M+201%
Total assets$555.2M+1.2%

Cash flow

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Operating cash flow-$40.4M+4.3%
CapEx$140.0K
Free cash flow-$42.5M+28.1%

Valuation

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Market cap$5.89B+284%
Enterprise value$5.82B+277%
P/S11×+6.4×

Profitability

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Gross margin98.6%+2.6pp
Operating margin-10.6%-5.0pp
Net margin-20.3%-9.5pp
FCF margin-133.9%-34.4pp

Returns & leverage

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Return on equity-706%-1,302pp
Debt / equity0.2×-2.6×
Current ratio3.1×+1.1×

Where this comes from

Reported directly by Travere Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: Travere Therapeutics, Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:45 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001438533-26-000042
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total revenue127,19981,732
Operating expenses:
Cost of goods sold1,9504,679
Research and development57,09446,889
Selling, general and administrative80,25460,413
Royalty expense24,81612,425
Total operating expenses164,114124,406
Operating loss(36,915)(42,674)

Item 1. Financial Statements

FAQ

What is Travere Therapeutics, Inc.'s R&D?
Travere Therapeutics, Inc. (TVTX) reported R&D of $57.09M in Q1 2026.
How has Travere Therapeutics, Inc.'s R&D changed year-over-year?
Travere Therapeutics, Inc.'s R&D increased by 21.8% year-over-year, from $46.89M to $57.09M.
What is the long-term trend for Travere Therapeutics, Inc.'s R&D?
Over 4 years (2021 to 2025), Travere Therapeutics, Inc.'s R&D has grown at a 0.6% compound annual growth rate (CAGR), from $201.16M to $206.01M.
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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