greeksoup/ stock research
Stock research / United States / NBIX · Biological Products, (No Diagnostic Substances) · Nasdaq

Neurocrine Biosciences Inc. (NBIX)

Compare with another name

Neurocrine Biosciences Inc. (NBIX) reported revenue of $959 million for Q2 FY2026, the quarter ended 30 June 2026, up 39.5% on the same quarter a year earlier. Net income was $144 million, up 34.3% on the year, and diluted earnings per share $1.39. The figures are the company's own, from the 10-Q it filed with the SEC on 31 July 2026.

Revenue$959 millionup 39.5%
Net income$144 millionup 34.3%
Diluted EPS$1.39
QuarterQ2 FY2026ended 30 June 2026

Neurocrine Biosciences (NBIX) in brief

Neurocrine Biosciences (NBIX) reported revenue of $2.9 billion for fiscal 2025, the year ended 31 December 2025, up 21.4% on the year before.
Read moreNet income was $479 million and diluted earnings per share $4.67. Revenue was $2.4 billion in fiscal 2024, $1.9 billion in fiscal 2023, $1.5 billion in fiscal 2022 and $1.1 billion in fiscal 2021. Net income in the same years was $341 million, $250 million, $154 million and $90 million. Over the twelve months to 30 June 2026, Neurocrine Biosciences reported revenue of $3.4 billion and net income of $706 million. Revenue grew 22.3% a year, compounded, over the five years to fiscal 2025. Neurocrine Biosciences had 102 million shares outstanding at the latest filed count. At 30 June 2026 it carried $0 million of debt and $332 million of cash. At the close of 8 October 2026 the market cap of Neurocrine Biosciences was $14.4 billion, 20.7 times its earnings over the last twelve months.

Ratios

From the filings

ROE19.1%
ROCE21.5%
Operating margin23.6%
Net margin20.9%
FCF marginn/a
Interest covern/a
Debt to equity0.00
Cash conversion1.27
Share count, 1 year2.6%
Sales CAGR, 3 years24.3%
Profit CAGR, 3 years45.8%
EPS, TTM$6.82

At the close of 8 October 2026

Price$141.25
Market cap$14.4 billion
Stock P/E20.71
Price to book3.89
EV / EBITDA16.65
Dividend yieldn/a
Market cap / sales4.25
52-week high$185.50
52-week low$123.10
Price, 1 year1.6%
Price CAGR, 3 years7.7%
Price CAGR, 5 years6.3%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Neurocrine Biosciences Inc.'s balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
NBIXgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on NBIX

Filings18 in twelve months: 10 current reports (8-K), about 4 results of operations; 3 officer or director change; 2 material agreement; 1 shareholder vote; 1 acquisition or disposition completed
Planned insider sales25 Form 144 notices in twelve months, $79.9 million; latest 14 September 2026
Options tapeput/call 1.03 by open interest at the 8 October 2026 close; the straddle prices a 5.2% move to 16 October 2026
13F holders9 of the followed funds hold it; largest Dodge & Cox; 4 Schedule 13D or 13G filings in twelve months
Insider trading40 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest5.0 million shares short, 5.37 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue499515515590622628573688795806814959
Cost of revenue11.28.57.59.28.09.39.211.314.017.613.823.2
Gross profit488507508581614618563676781788801936
Gross margin98%98%99%98%99%99%98%98%98%98%98%98%
R&D142138159191195186263244250258296327
SG&A204219243242234288276286292302318440
Operating income14115099.314518414223.6146239211193152
Operating margin28%29%19%25%30%23%4%21%30%26%24%16%
Interest expense1.11.11.1n/an/an/an/a0.0n/an/an/a2.9
Pre-tax income11619834.598.619016314.7160292239247162
Tax rate28%25%-26%34%32%37%46%33%28%36%20%11%
Net income83.114843.465.01301037.9108210154198144
Net margin17%29%8%11%21%16%1%16%26%19%24%15%
Diluted EPS$0.82$1.44$0.42$0.63$1.24$1.00$0.08$1.06$2.04$1.48$1.91$1.39
Operating cash flow21212413064.615824264.8102228388146136
Capital expenditure7.65.411.211.68.17.310.712.513.2n/a9.17.8
Free cash flow20411811953.015023554.189.5214n/a137129
Buybacksn/an/a0.00.00.030015017.70.00.054.012.0
Shares outstanding98m99m101m101m101m99m99m99m100m100m101m102m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014FY2015FY2016FY2017FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue0.019.815.01624517881,0461,1341,4891,8872,3552,8603,374
Cost of revenuen/a0.00.01.34.9n/a10.114.323.239.734.052.168.6
Gross profitn/a19.815.0160446n/a1,0361,1191,4661,8472,3212,8083,305
Gross marginn/a100.0%100.0%99.2%98.9%n/a99.0%98.7%98.4%97.9%98.6%98.2%98.0%
Research and development46.481.594.3122161n/a2753284645657311,0161,131
Selling, general and administrativen/a32.568.11702493544335837538881,0071,1561,352
Operating income-64.4-94.2-147-13136.872.3163102249251570619795
Operating marginn/a-476.5%-982.5%-81.3%8.2%9.2%15.6%9.0%16.7%13.3%24.2%21.6%23.6%
Interest expensen/a0.00.019.530.532.032.825.87.14.6n/an/an/a
Pre-tax incomen/an/a-141-14321.846.5107101214332486705940
Income tax0.00.00.00.00.79.5-30111.859.482.4145227235
Effective tax raten/an/an/an/a3.2%20.4%-281.7%11.6%27.8%24.8%29.8%32.2%25.0%
Net income-60.5-88.9-141-14321.137.040789.6154250341479706
Net marginn/a-449.8%-940.6%-88.2%4.7%4.7%38.9%7.9%10.4%13.2%14.5%16.7%20.9%
Diluted EPS-$0.81-$1.05-$1.63-$1.62$0.22$0.39$4.16$0.92$1.56$2.47$3.29$4.67$6.82
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Net product sales1,8612,3312,83499.1%
Collaboration revenues26.524.726.60.9%
Net product salesCollaboration revenues
1,887FY20232,355FY20242,860FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014FY2015FY2016FY2017FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow-47.1-38.0-106-94.3101147228256339390595783898
Capital expenditure1.61.94.16.924.814.710.923.416.528.338.234.0n/a
Free cash flow-48.8-39.9-110-10176.6132218233323362557749n/a
Free cash flow marginn/a-202.0%-735.3%-62.7%17.0%16.8%20.8%20.6%21.7%19.2%23.7%26.2%n/a
Cash from investingn/an/a113-251-243-2114.1-130-177-467-127-264-891
Cash from financingn/an/a2.451729.532.4-15827.4-23465.3-487-38.360.2
Depreciation and amortisation0.81.01.52.44.0n/a8.610.915.621.327.130.147.3
Share-based compensation10.428.428.542.558.175.3100134173194196218234
Buybacksn/an/an/an/an/an/an/an/a0.00.030016866.0
Diluted shares, weighted75m84m87m88m95m96m98m98m99m101m104m102m104m
Shares outstanding at period end76m86m87m89m91m92m94m95m96m99m99m100m102m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015FY2016FY2017FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity2094243153724816371,1261,3741,7082,2322,5903,2533,694
Debtn/an/a0.03703880.03183351691700.00.00.0
Operating lease liabilitiesn/an/an/an/a0.086.894.410593.5258455415402
Other liabilities34.350.350.275.81245821962583985916749631,264
Total liabilities and equity2434753658189931,3061,7352,0722,3693,2513,7194,6325,359
Owned
Fixed assets2.53.46.310.833.941.944.658.658.670.882.689.890.5
Goodwilln/an/an/an/an/an/an/a0.05.45.85.76.1501
Intangible assetsn/an/an/an/an/an/an/a0.037.235.536.54.72,226
Investments2003872685097258588419311,0261,4681,5831,830149
Cash and equivalents31.074.283.3255142112187341263251233713332
Receivablesn/an/a0.031.157.4127157186350439479687887
Inventoryn/an/a0.01.010.917.328.030.535.138.357.469.0104
Other assets9.29.78.011.324.11504775265949431,2421,2321,069
Total assets2434753658189931,3061,7352,0722,3693,2513,7194,6325,359
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded64.5%22.3%24.3%34.4%
Profit growth, compoundedn/a3.3%45.8%102.6%
Return on equity, average1.8%10.9%13.0%14.7%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Pharmaceutical Products

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Amgen Inc. AMGN$220.3 billion25.3274.8%30.0%9.1%4.901.8%
Gilead Sciences, Inc. GILD$182.6 billionn/a-27.4%-8.2%5.5%2.222.1%
Moderna, Inc. MRNA$78.6 billionn/a-46.6%-149.0%-27.6%0.09n/a
argenx SE ARGX *$50.7 billion41.8317.6%n/a89.9%0.00n/a
Biogen Inc. BIIB$32.2 billion38.664.4%10.1%0.3%0.39n/a
BioNTech SE BNTX *$23.1 billionn/a-5.9%-49.0%4.3%0.01n/a
Exelixis, Inc. EXEL$14.7 billion18.5646.7%39.9%9.2%0.00n/a
Neurocrine Biosciences Inc. NBIX$14.4 billion20.7119.1%23.6%34.4%0.00n/a
Halozyme Therapeutics, Inc. HALO$12.5 billion32.79288.1%35.9%41.2%13.50n/a
Bio-Techne Corp. TECH$11.3 billion63.008.6%20.7%-0.4%0.090.4%
Krystal Biotech, Inc. KRYS$9.7 billion41.0217.8%44.9%22.6%0.00n/a
Repligen Corp. RGEN$9.2 billion224.442.0%8.2%16.5%0.26n/a
All 42 in Pharmaceutical Products
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.10 trillion39.2578.8%n/a49.6%1.410.5%
Johnson & Johnson JNJ$618.1 billion29.7224.8%n/a8.1%0.442.0%
ABBVIE Inc. ABBV$481.4 billion76.95n/a26.2%10.4%n/a2.5%
Merck & Co., Inc. MRK$351.3 billion113.907.6%n/a4.6%1.292.3%
Novartis AG NVS *$273.1 billion20.0230.3%n/a8.4%0.622.9%
AstraZeneca PLC AZN *$246.3 billion24.2821.0%23.4%8.6%0.612.0%
Amgen Inc. AMGN$220.3 billion25.3274.8%30.0%9.1%4.901.8%
Gilead Sciences, Inc. GILD$182.6 billionn/a-27.4%-8.2%5.5%2.222.1%
Abbott Laboratories ABT$171.6 billion31.8710.6%15.8%8.1%0.582.4%
Novo Nordisk A/S NVO *$170.8 billion11.0652.8%41.3%6.4%0.674.6%
Pfizer Inc. PFE$158.6 billion36.615.1%n/a-0.2%0.716.2%
Vertex Pharmaceuticals Inc. VRTX$127.5 billion29.2921.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$121.7 billion13.1241.6%24.2%3.1%1.924.2%
Sanofi SNY *$98.1 billion11.2210.9%n/a6.2%0.265.5%
GSK plc GSK *$93.4 billion12.6734.9%24.3%4.1%0.883.6%
Moderna, Inc. MRNA$78.6 billionn/a-46.6%-149.0%-27.6%0.09n/a
Regeneron Pharmaceuticals, Inc. REGN$78.4 billion18.2813.7%24.7%9.3%0.060.5%
Takeda Pharmaceutical Company Limited TAK *$58.5 billionn/a-2.1%0.1%-1.7%0.663.5%
argenx SE ARGX *$50.7 billion41.8317.6%n/a89.9%0.00n/a
Teva Pharmaceutical Industries Ltd. TEVA$45.7 billion65.429.1%9.3%4.1%2.140.0%
IDEXX Laboratories Inc. IDXX$40.5 billion36.0970.7%32.0%12.8%0.60n/a
Biogen Inc. BIIB$32.2 billion38.664.4%10.1%0.3%0.39n/a
Zoetis Inc. ZTS$30.3 billion12.0483.1%n/a1.5%2.872.8%
Roivant Sciences Ltd. ROIV$24.7 billionn/a-6.3%-7,914.8%-67.6%0.00n/a
Genmab A/S GMAB *$23.2 billion23.4516.5%28.6%19.2%0.90n/a
BioNTech SE BNTX *$23.1 billionn/a-5.9%-49.0%4.3%0.01n/a
United Therapeutics Corp. UTHR$22.7 billion19.0620.5%44.4%2.5%0.00n/a
Viatris Inc. VTRS$20.0 billionn/a-2.9%-0.6%4.4%0.812.8%
Exelixis, Inc. EXEL$14.7 billion18.5646.7%39.9%9.2%0.00n/a
Jazz Pharmaceuticals plc JAZZ$14.4 billion15.3419.6%19.5%12.6%0.91n/a
Neurocrine Biosciences Inc. NBIX$14.4 billion20.7119.1%23.6%34.4%0.00n/a
Corcept Therapeutics Inc. CORT$12.8 billion282.247.8%0.8%16.0%0.00n/a
Halozyme Therapeutics, Inc. HALO$12.5 billion32.79288.1%35.9%41.2%13.50n/a
Bio-Techne Corp. TECH$11.3 billion63.008.6%20.7%-0.4%0.090.4%
Elanco Animal Health Inc. ELAN$11.3 billionn/a-3.0%n/a12.0%0.56n/a
Biomarin Pharmaceutical Inc. BMRN$10.6 billion148.351.2%4.4%11.2%0.66n/a
Dr. Reddy’s Laboratories Limited RDY *$10.2 billion22.8511.4%15.0%3.2%0.050.7%
Krystal Biotech, Inc. KRYS$9.7 billion41.0217.8%44.9%22.6%0.00n/a
Repligen Corp. RGEN$9.2 billion224.442.0%8.2%16.5%0.26n/a
Cytokinetics Inc. CYTK$8.6 billionn/an/a-1,046.1%-21.1%n/an/a
Arrowhead Pharmaceuticals, Inc. ARWR$8.6 billionn/a-68.7%-33.8%16.8%1.47n/a
Lantheus Holdings, Inc. LNTH$6.5 billion24.1821.0%19.4%2.3%0.43n/a
11 companies share its SEC industry code (Biological Products, (No Diagnostic Substances)); the rest are the names nearest in size in its wider industry, Pharmaceutical Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202631 July 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 202511 February 2026EDGAR
10-Q30 September 202528 October 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 20255 May 2025EDGAR
10-K31 December 202410 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 20241 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install