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Travere Therapeutics, Inc. TVTX License and collaboration revenue — Cost of goods sold

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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:CostOfGoodsAndServicesSold.

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
Cost of goods sold - product sales$1,950$1,253
Cost of goods sold - license and collaboration3,426
Total cost of goods sold$1,950$4,679

Item 1. Financial Statements

FAQ

What is Travere Therapeutics, Inc.'s license and collaboration revenue — cost of goods sold?
Travere Therapeutics, Inc. (TVTX) reported license and collaboration revenue — cost of goods sold of $0 in Q1 2026.
How has Travere Therapeutics, Inc.'s license and collaboration revenue — cost of goods sold changed year-over-year?
Travere Therapeutics, Inc.'s license and collaboration revenue — cost of goods sold decreased by 100.0% year-over-year, from $3.43M to $0.
What does license and collaboration revenue — cost of goods sold mean?
This metric captures the direct costs incurred to fulfill obligations associated with licensing and collaboration agreements, such as manufacturing support or technical transfer expenses. Monitoring these costs relative to segment revenue helps assess the profitability and operational efficiency of the company's partnership-based business model. Lower costs relative to revenue indicate higher margins on collaborative activities.

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