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Travere Therapeutics, Inc. TVTX Business Segments — Royalty expense

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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:RoyaltyExpense.

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 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)
Other income, net:
Interest income2,5843,795

Item 1. Financial Statements

FAQ

What is Travere Therapeutics, Inc.'s business segments — royalty expense?
Travere Therapeutics, Inc. (TVTX) reported business segments — royalty expense of $24.82M in Q1 2026.
What does business segments — royalty expense mean?
This metric represents the contractual payments made to third parties based on the sales of licensed products or intellectual property. It indicates the impact of external licensing agreements on the company's overall product profitability.

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