Ultragenyx Pharmaceutical Inc.

RARE Healthcare Biotechnology

Ultragenyx Pharmaceutical Inc.’s revenue for fiscal 2025 (year ended December 2025) was $673.0 million, up 20.2% from fiscal 2024. In the quarter to June 2026, revenue grew 28.1%, EPS grew 23.1% and free cash flow grew 12.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

14.54 0.63 −4.15%
Market cap
$1.5B
P/E
0.0×
Fwd P/E
−4.8×
Dividend yield
—
F-score
5/9
Altman Z
−3.57
Beneish M
−2.68
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
673.00 560.00 434.00 363.33 351.41 271.03 103.71 51.50 2.61 0.13
Revenue Growth
20.18% 29.03% 19.45% 3.39% 29.66% 161.32% 101.41% 1,871.48% 1,863.91% (94.91%)
Cost of Revenue
109.00 77.00 45.00 28.32 16.01 6.13 9.01 1.15 0.00 —
Gross Profit
564.00 483.00 389.00 335.01 335.40 264.90 94.71 50.35 2.61 0.13
R&D Expenses
750.00 698.00 648.00 705.79 497.15 412.08 357.36 294.00 231.64 183.20
SG&A Expenses
349.00 321.00 310.00 278.14 219.98 182.93 161.52 127.72 99.91 64.94
Operating Income
(535.00) (536.00) (569.00) (648.92) (381.74) (330.12) (424.17) (371.37) (328.94) (248.01)
Non-operating Income/Expense
(36.00) (31.00) (40.00) (52.81) (71.24) 144.76 24.73 174.28 10.60 2.17
Non-operating Interest Expenses
62.00 63.00 66.00 43.02 29.42 33.29 1.14 9.54 4.07 3.79
EBT
(571.00) (567.00) (609.00) (701.72) (452.98) (185.36) (399.44) (197.10) (318.34) (245.84)
Income Tax Provision
4.00 2.00 (2.00) 5.70 1.04 1.21 3.28 0.51 (16.20) 0.04
Income after Tax
(575.00) (569.00) (607.00) (707.42) (454.02) (186.57) (402.73) (197.61) (302.14) (245.87)
Dividends (Preferred)
— — — 0.00 — — — 0.00 — 0.00
Net Income Common
(575.00) (569.00) (607.00) (707.42) (454.02) (186.57) (402.73) (197.61) (302.14) (245.87)
EPS (Basic)
(5.83) (6.29) (8.25) (10.12) (6.70) (3.07) (7.12) (3.97) (7.12) (6.21)
EPS (Diluted)
(5.83) (6.29) (8.25) (10.12) (6.70) (3.07) (7.12) (3.97) (7.12) (6.21)
Shares (Basic, Weighted)
98.60 90.50 73.50 69.91 67.80 60.85 56.58 49.78 42.45 39.59
Shares (Diluted, Weighted)
98.60 90.50 73.50 69.91 67.80 60.85 56.58 49.78 42.45 39.59
Gross Margin
83.80% 86.25% 89.63% 92.21% 95.44% 97.74% 91.31% 97.77% 99.96% 100.00%
EBIT Margin
(79.49%) (95.71%) (131.11%) (178.60%) (108.63%) (121.80%) (408.98%) (721.18%) (12,593.49%) (186,471.43%)
EBT margin
(84.84%) (101.25%) (140.32%) (193.14%) (128.91%) (68.39%) (385.14%) (382.75%) (12,187.52%) (184,841.35%)
Net Profit Margin
(85.44%) (101.61%) (139.86%) (194.71%) (129.20%) (68.84%) (388.31%) (383.75%) (11,567.34%) (184,867.67%)
Free Cash Flow Margin
(72.36%) (77.50%) (120.28%) (144.93%) (117.18%) (64.98%) (356.96%) (572.18%) (9,825.27%) (128,693.98%)
EBITDA
(504.00) (513.00) (556.00) (628.00) (361.89) (317.01) (421.85) (354.48) (321.41) (239.74)
EBIT
(535.00) (536.00) (569.00) (648.92) (381.74) (330.12) (424.17) (371.37) (328.94) (248.01)
Income from Continuous Operations
(575.00) (569.00) (607.00) (707.42) (454.02) (186.57) (402.73) (197.61) (302.14) (245.87)
Consolidated Net Income/Loss
(575.00) (569.00) (607.00) (707.42) (454.02) (186.57) (402.73) (197.61) (302.14) (245.87)
EPS (Basic, from Continuous Ops)
(5.83) (6.29) (8.26) (10.12) (6.70) (3.07) (7.12) (3.97) (7.12) (6.21)
EPS (Basic, Consolidated)
(5.83) (6.29) (8.26) (10.12) (6.70) (3.07) (7.12) (3.97) (7.12) (6.21)
EPS (Diluted, from Cont. Ops)
(5.83) (6.29) (8.26) (10.12) (6.70) (3.07) (7.12) (3.97) (7.12) (6.21)
Shares (Diluted, Average)
98.60 90.54 73.54 69.91 67.80 60.85 56.58 49.78 42.45 39.59
EPS (Diluted, Consolidated)
(5.83) (6.29) (8.26) (10.12) (6.70) (3.07) (7.12) (3.97) (7.12) (6.21)
EBITDA Margin
(74.89%) (91.61%) (128.11%) (172.85%) (102.98%) (116.96%) (406.74%) (688.37%) (12,305.17%) (180,256.39%)
Operating Cash Flow Margin
(69.24%) (73.93%) (109.45%) (104.72%) (96.38%) (48.78%) (333.01%) (564.26%) (9,718.34%) (121,033.83%)

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In millions of $ except per-share values · columns are period end dates