Friday 6 November 2026
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BioMarin Pharmaceutical Inc.
BMRN Healthcare Biotechnology
BioMarin Pharmaceutical Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 12.9% from fiscal 2024.
- Revenue
- +32.0%
- EPS
- −296.6%
- Free cash flow
- −52.3%
- Total debt
- +599.5%
Quarter to September 2026, against a year earlier
55.56
0.56
−1.00%
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BioMarin Pharmaceutical Inc. (BMRN) revenue by segment, product and region
Where the money comes from and where it goes
| Reportable Segment | 3,221 | 100.00% |
|---|---|---|
| Gross margin | 77.73% | |
| Operating margin | 12.71% | |
| Pre-tax margin | 14.98% |
Revenue by product or service $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| VOXZOGO | 927 28.78% | 735 25.76% | 470 19.42% | 169 8.07% | 6 0.32% | — | — | — | — | — |
| VIMIZIM | 792 24.59% | 740 25.92% | 701 28.98% | 664 31.67% | 623 33.75% | — | — | — | — | — |
| NAGLAZYME | 485 15.07% | 480 16.80% | 420 17.37% | 444 21.17% | 380 20.61% | — | — | — | — | — |
| PALYNZIQ | 433 13.45% | 355 12.44% | 304 12.56% | 255 12.17% | 237 12.86% | — | — | — | — | — |
| ALDURAZYME | 209 6.47% | 184 6.44% | 131 5.43% | 128 6.13% | 123 6.65% | — | — | — | — | — |
| BRINEURA | 186 5.79% | 169 5.92% | 162 6.69% | 154 7.36% | 128 6.93% | — | — | — | — | — |
| KUVAN | 100 3.09% | 121 4.24% | 181 7.47% | 228 10.86% | 286 15.48% | — | — | — | — | — |
| Royalty and other revenues | 53 1.66% | 44 1.56% | 47 1.93% | 54 2.58% | 63 3.40% | 55 2.93% | 43 2.52% | 21 1.40% | 43 3.29% | 6 0.58% |
| ROCTAVIAN | 36 1.11% | 26 0.91% | 3 0.14% | 0 0.00% | 0 0.00% | — | — | — | — | — |
| Product Four | — | — | — | — | — | — | — | — | 413 31.46% | 354 31.70% |
| Product Three | — | — | — | — | — | — | — | — | 408 31.02% | 348 31.16% |
| Product Two | — | — | — | — | — | — | — | — | 332 25.29% | 297 26.55% |
| Product One | — | — | — | — | — | — | — | — | 90 6.85% | 94 8.39% |
| Product Five | — | — | — | — | — | — | — | — | 19 1.44% | 18 1.61% |
| Product Six | — | — | — | — | — | — | — | — | 9 0.65% | 0 0.00% |
| Product Seven | — | — | — | — | — | — | — | — | 0 0.00% | 0 0.00% |
| Enzyme Product | — | — | — | — | 1,492 | — | — | — | — | — |
| Net product revenues | 3,168 | 2,809 | 2,373 | 2,042 | 1,783 | — | — | — | 1,270 | 1,110 |
| Revenue | 3,221 | 2,854 | 2,419 | 2,096 | 1,846 | 1,860 | 1,704 | 1,491 | 1,314 | 1,117 |
Revenue by segment $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Reportable Segment | 3,221 100.00% | 2,854 100.00% | 2,419 100.00% | 2,096 100.00% |
| Revenue | 3,221 | 2,854 | 2,419 | 2,096 |
Gross profit by segment $m, and margin
Revenue by region $m
| Line | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|
| United States | 912 49.04% | 778 45.68% | 697 46.73% | 588 44.78% | 508 45.44% | 444 49.90% | 384 51.22% | 284 51.83% | 250 49.88% |
| Europe | 518 27.87% | 509 29.88% | 436 29.27% | 399 30.36% | 341 30.51% | 171 19.24% | 136 18.18% | 116 21.10% | 110 21.94% |
| Rest Of World | 224 12.03% | 198 11.60% | 173 11.60% | 145 11.01% | 121 10.84% | 132 14.87% | 111 14.77% | 81 14.79% | 67 13.33% |
| Latin America | 206 11.07% | 219 12.84% | 185 12.41% | 182 13.85% | 147 13.20% | 142 15.99% | 119 15.82% | 67 12.28% | 74 14.86% |
| Revenue | 1,860 | 1,704 | 1,491 | 1,314 | 1,117 | 890 | 749 | 548 | 501 |
Operating figures as reported in each quarter’s results release or filing
| Figure | Quarter | Latest | A year before | Change |
|---|---|---|---|---|
| Children being treated with VOXZOGO, year-over-year growth | Q3 FY2026 | 17.0% | — | — |
| Countries with children treated with VOXZOGO | Q3 FY2026 | 58.00 | 55.00 | +5.45% |