Neurocrine Biosciences, Inc.

NBIX Healthcare Drug Manufacturers Specialty & Generic

Neurocrine Biosciences, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 21.4% from fiscal 2024.

Revenue
+41.2%
EPS
−3.67%
Free cash flow
+79.0%

Quarter to September 2026, against a year earlier

160.47 5.58 −3.36%
Market cap
$16.2B
P/E
23.0×
Fwd P/E
20.6×
Dividend yield
—
F-score
7/9
Altman Z
7.80
Beneish M
−2.64
Dividend safety
n/a

Neurocrine Biosciences, Inc. (NBIX) Operating margin

Alert me on Operating margin

Neurocrine Biosciences, Inc.'s operating margin over the twelve months to 30 September 2026 was 24.0%, up 2.3 percentage points from fiscal 2025 (21.6%). Over the past ten years it has ranged from −982.5% (fiscal 2016) to 24.2% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 0.00% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 21.6% (2.58)
FY2024 24.2% 10.92
FY2023 13.3% (3.43)
FY2022 16.7% 7.69
FY2021 9.04% (6.54)
FY2020 15.6% 6.41
FY2019 9.17% 1.01
FY2018 8.16% 89.43
FY2017 −81.3% 901.21
FY2016 −982.5% (505.97)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 29.5% 13.71
Jun 2026 15.8% (7.94)
Mar 2026 23.7% (2.44)
Dec 2025 26.2% (3.89)
43 more quarters

Against its own ten years

Low −982.5% High 24.2%
Ten-year median 9.17%
Current reading's percentile 85

Operating margin against peers

Company Operating margin
UTHR United Therapeutics Corporation compare 41.5%
ZTS Zoetis Inc. compare 37.1%
NBIX Neurocrine Biosciences, Inc. 24.0%
HLN Haleon PLC Sponsored ADR compare 17.9%
KNSA Kiniksa Pharmaceuticals International, plc compare 13.8%
RDY Dr. Reddy's Laboratories Ltd compare 9.20%
ALKS Alkermes plc compare 3.66%
ELAN Elanco Animal Health Incorporated compare 1.61%
VTRS Viatris Inc. compare −0.03%
Drug Manufacturers Specialty & Generic industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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