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Travere Therapeutics, Inc. TVTX Business Segments — R&D

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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: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
External research and development27,72822,355
Internal personnel costs24,52520,102
Other research and development4,8414,432
Total research and development57,09446,889
Selling, general and administrative80,25460,413
Royalty expense24,81612,425
Total other income, net1931,487
Income tax benefit (provision)120(39)

Item 1. Financial Statements

FAQ

What is Travere Therapeutics, Inc.'s business segments — R&D?
Travere Therapeutics, Inc. (TVTX) reported business segments — R&D of $57.09M in Q1 2026.
How has Travere Therapeutics, Inc.'s business segments — R&D changed year-over-year?
Travere Therapeutics, Inc.'s business segments — 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 business segments — R&D?
Over 3 years (2022 to 2025), Travere Therapeutics, Inc.'s business segments — R&D has grown at a -3.2% compound annual growth rate (CAGR), from $227.33M to $206.01M.
What does business segments — R&D mean?
This metric aggregates all costs associated with the discovery, development, and clinical testing of the company's therapeutic pipeline. It is a critical measure of the company's commitment to long-term innovation and future product commercialization.

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