BioMarin Pharmaceutical Inc. logo

BioMarin Pharmaceutical Inc.

BMRN

NASDAQHealthcareBiotechnology

Previous close

$66.70

−$0.98 · -1.45%

Aug 21, 4:00 PM ET

BMRN company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

67

Undervalued

Momentum

51

Neutral

Sentiment

78

Bullish

Risk resilience

73

Moderate Risk

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Company profile

Company website

BioMarin Pharmaceutical Inc. specializes in creating and bringing to market treatments for individuals suffering from severe and often fatal rare disorders and other critical medical conditions. The company currently markets several key pharmaceutical products. Among these are Vimizim, an enzyme replacement therapy targeting mucopolysaccharidosis (MPS) IV type A, a specific lysosomal storage disorder, and Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for individuals with MPS VI. Another notable offering is Kuvan, a unique synthetic oral version of 6R-BH4, prescribed for phenylketonuria (PKU), an inherited metabolic condition. Further expanding its product portfolio, BioMarin provides Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme administered via subcutaneous injection to lower blood Phe levels. Also available are Brineura, a recombinant human tripeptidyl peptidase 1 used in treating ceroid lipofuscinosis type 2, a variant of Batten disease; Voxzogo, a daily injectable c-type natriuretic peptide analog for achondroplasia; and Aldurazyme, a refined protein mirroring the naturally occurring human enzyme alpha-L-iduronidase. Beyond its established products, BioMarin has a robust development pipeline. This includes valoctocogene roxaparvovec, an adeno-associated virus vector undergoing Phase III clinical trials for severe hemophilia A. Additionally, BMN 307, an AAV5-mediated gene therapy, is in Phase 1/2 trials, aiming to normalize blood phenylalanine levels in PKU patients, while BMN 255 is also in Phase 1/2 trials for primary hyperoxaluria. Its clientele spans specialty pharmacies, hospitals, international government health bodies, and a network of distributors and pharmaceutical wholesalers. These services reach patients and healthcare providers across the United States, Europe, Latin America, and other global markets. BioMarin maintains strategic licensing and collaborative alliances with partners such as Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. Established in 1996, the company's corporate headquarters are located in San Rafael, California.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Alexander Hardy
Listed since
Jul 26, 1999
Employees
3,221

Market position

Day range

Current $66.70

52-week range

Current $66.70

Open
$67.87
Previous close
$67.68
Volume
1.59M
0.77× average
Average volume
2.07M
Average daily volume
Market cap
12.89B USD
Beta
0.23
Market reference 1
50-day average
$60.6228
+10.02% above average
200-day average
$57.242
+16.52% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.73B USD
P/E (TTM)
175.53×
P/B (TTM)
2.04×
P/S (TTM)
3.78×
EV / EBITDA
18.73×
Earnings yield
3.06%
Free cash flow yield
6.36%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
75.55%
Operating margin
8.02%
Net margin
2.14%
Return on equity
5.73%
Return on assets
4.59%
Return on invested capital
5.64%

Financial health

Debt / equity
0.66×
Current ratio
5.21×
Altman Z-score
2.06
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends88%54%21%-13%Gross margin, FY2021: 74.52%Gross margin, FY2022: 76.00%Gross margin, FY2023: 78.01%Gross margin, FY2024: 79.67%Gross margin, FY2025: 77.13%Operating margin, FY2021: -4.46%Operating margin, FY2022: 7.68%Operating margin, FY2023: 7.68%Operating margin, FY2024: 16.97%Operating margin, FY2025: 16.56%Net margin, FY2021: -3.47%Net margin, FY2022: 6.75%Net margin, FY2023: 6.93%Net margin, FY2024: 14.96%Net margin, FY2025: 10.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 74.52%. Gross margin FY2022 76.00%. Gross margin FY2023 78.01%. Gross margin FY2024 79.67%. Gross margin FY2025 77.13%. Operating margin FY2021 -4.46%. Operating margin FY2022 7.68%. Operating margin FY2023 7.68%. Operating margin FY2024 16.97%. Operating margin FY2025 16.56%. Net margin FY2021 -3.47%. Net margin FY2022 6.75%. Net margin FY2023 6.93%. Net margin FY2024 14.96%. Net margin FY2025 10.83%.

Income trends

Revenue

3.22B USD+12.87%

Operating income

533.48M USD+10.17%

Net income

348.9M USD-18.26%
Income trends across reported periods3.55B USD2.23B USD908.74M USD−412.7M USDRevenue, FY2021: 1.85B USDRevenue, FY2022: 2.1B USDRevenue, FY2023: 2.42B USDRevenue, FY2024: 2.85B USDRevenue, FY2025: 3.22B USDOperating income, FY2021: −82.34M USDOperating income, FY2022: 160.97M USDOperating income, FY2023: 185.77M USDOperating income, FY2024: 484.21M USDOperating income, FY2025: 533.48M USDNet income, FY2021: −64.08M USDNet income, FY2022: 141.56M USDNet income, FY2023: 167.65M USDNet income, FY2024: 426.86M USDNet income, FY2025: 348.9M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.85B USD. Revenue FY2022 2.1B USD. Revenue FY2023 2.42B USD. Revenue FY2024 2.85B USD. Revenue FY2025 3.22B USD. Operating income FY2021 −82.34M USD. Operating income FY2022 160.97M USD. Operating income FY2023 185.77M USD. Operating income FY2024 484.21M USD. Operating income FY2025 533.48M USD. Net income FY2021 −64.08M USD. Net income FY2022 141.56M USD. Net income FY2023 167.65M USD. Net income FY2024 426.86M USD. Net income FY2025 348.9M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.22B USD2.85B USD2.42B USD2.1B USD1.85B USD
Cost of goods sold736.83M USD580.24M USD532.06M USD503.02M USD470.52M USD
Gross profit2.48B USD2.27B USD1.89B USD1.59B USD1.38B USD
Research and development921.93M USD747.18M USD746.77M USD649.61M USD628.79M USD
Selling, general, and administrative1.28B USD1.01B USD892.4M USD823.2M USD759.4M USD
Operating expenses1.95B USD1.79B USD1.7B USD1.43B USD1.46B USD
Interest income74.9M USD74.88M USD58.34M USD18.03M USD10.48M USD
Interest expense10.9M USD12.67M USD17.34M USD15.97M USD15.34M USD
Depreciation and amortization79.56M USD96.43M USD104.39M USD101.97M USD108.04M USD
Operating income533.48M USD484.21M USD185.77M USD160.97M USD−82.34M USD
Net income348.9M USD426.86M USD167.65M USD141.56M USD−64.08M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-6.03%
11 comparable reports
Latest EPS result
1.2
Estimate 0.95 · Beat by 26.72%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.510.880.26-0.37Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 0.64, estimate 0.54, surprise +18.52%, Beat. Q2 2025, reported May 1, 2025: actual 0.97, estimate 0.714, surprise +35.85%, Beat. Q3 2025, reported Aug 4, 2025: actual 1.23, estimate 0.861, surprise +42.86%, Beat. Q4 2025, reported Oct 27, 2025: actual -0.16, estimate -0.15, surprise -6.67%, Miss. Q1 2026, reported Feb 23, 2026: actual -0.24, estimate 0.169, surprise -241.68%, Miss. Q2 2026, reported May 4, 2026: actual 0.76, estimate 0.78, surprise -2.56%, Miss. Q3 2026, reported Aug 6, 2026: actual 1.2, estimate 0.947, surprise +26.72%, Beat. Q4 2026, reported Oct 26, 2026: actual —, estimate 1.38, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.07B937.94M804.52M671.09MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 747M USD, estimate 712.3M USD, surprise +4.87%, Beat. Q2 2025, reported May 1, 2025: actual 745.15M USD, estimate 738.66M USD, surprise +0.88%, Beat. Q3 2025, reported Aug 4, 2025: actual 825M USD, estimate 761.95M USD, surprise +8.28%, Beat. Q4 2025, reported Oct 27, 2025: actual 776.13M USD, estimate 777.48M USD, surprise -0.17%, Miss. Q1 2026, reported Feb 23, 2026: actual 874.57M USD, estimate 833.73M USD, surprise +4.90%, Beat. Q2 2026, reported May 4, 2026: actual 766M USD, estimate 752.53M USD, surprise +1.79%, Beat. Q3 2026, reported Aug 6, 2026: actual 989.71M USD, estimate 932.03M USD, surprise +6.19%, Beat. Q4 2026, reported Oct 26, 2026: actual —, estimate 1.03B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$91.81

37.65% upside
Past 12 months12-month forecastHigh $124Average $91.81Low $59.00

Rating distribution

41 ratings
Strong buy00%
Buy2971%
Hold1229%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

BMRN news

BMRN peers

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