THERAVANCE BIOPHARMA, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:08:41Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 238.50M | -11.87M | -29.48M | -187.56M | -211.26M | -257.02M |
| EBITDA | -2.10M | -45.35M | -54.13M | -89.36M | -254.28M | -294.33M |
| Working Capital | 380.16M | 128.98M | 108.77M | 324.75M | 191.28M | 269.77M |
| Net Debt | -125.10M | 12.02M | 9.61M | -246.01M | 579.56M | 594.79M |
| Operating Margin | -3.35% | -72.92% | -97.58% | -179.09% | -466.06% | -414.19% |
| Net Margin | 98.54% | -87.63% | -96.11% | 1698.54% | -360.55% | -386.90% |
| Return on Equity (ROE) | 35.69% | -32.14% | -25.91% | 197.40% | 58.90% | 91.53% |
| Return on Assets (ROA) | 21.81% | -15.93% | -14.45% | 143.58% | -53.21% | -59.27% |
| Current Ratio | 10.93× | 5.02× | 5.39× | 12.31× | 4.26× | 3.18× |
| Debt-to-Equity | 0.14× | 0.28× | 0.23× | 0.12× | -1.98× | -2.23× |
| Effective Tax Rate | 18.07% | -26.46% | -12.02% | -0.01% | 0.06% | 2.81% |
| Cash Conversion Ratio | 2.25× | 0.20× | 0.49× | -0.21× | 1.04× | 0.90× |
| Accruals Ratio | -0.27× | -0.13× | -0.07× | 1.74× | 0.02× | -0.06× |
| SBC % of Revenue | 17.19% | 33.23% | 44.18% | 77.38% | 112.20% | 87.64% |
| CapEx Coverage | 5679.55× | -34.74× | -10.85× | -326.91× | -61.03× | -37.85× |
| Free Cash Flow Per Share | $4.63 | $-0.24 | $-0.53 | $-2.55 | $-3.04 | $-4.12 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 9.08× | — | — | 0.95× | — | — |
| P/FCF | 4.04× | — | — | — | — | — |
| FCF Yield | 24.75% | — | — | — | — | — |
| P/S | 8.89× | 7.23× | 9.41× | 14.25× | 14.87× | 15.91× |
| P/B | 3.22× | 2.65× | 2.54× | 1.66× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 107.46M | 64.38M | 57.42M | 51.35M | 55.31M | 71.86M |
| Research and Development Expense | 37.41M | 37.64M | 40.62M | 63.39M | 193.66M | 260.95M |
| Selling, General and Administrative Expense | 73.65M | 69.17M | 70.09M | 67.07M | 99.30M | 108.53M |
| Operating Expenses | 111.07M | 111.33M | 113.46M | 143.30M | 313.10M | 369.48M |
| Operating Income (Loss) | -3.60M | -46.95M | -56.03M | -91.96M | -257.78M | -297.63M |
| Income Tax Expense (Benefit) | 23.35M | 11.80M | 5.92M | 9.00K | -151.00K | -8.52M |
| Net Income (Loss) Attributable to Parent | 105.89M | -56.42M | -55.19M | 872.13M | -199.43M | -278.02M |
| Earnings Per Share, Basic | $2.10 | $-1.15 | $-1.00 | $11.85 | $-2.87 | $-4.46 |
| Weighted Average Number of Shares Outstanding, Basic | 50.32M | 48.85M | 55.30M | 73.59M | 69.46M | 62.34M |
| Earnings Per Share, Diluted | $2.06 | $-1.15 | $-1.00 | $11.85 | $-2.87 | $-4.46 |
| Weighted Average Number of Shares Outstanding, Diluted | 51.51M | 48.85M | 55.30M | 73.59M | 69.46M | 62.34M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 167.81M | 37.80M | 39.55M | 298.17M | 89.96M | 81.47M |
| Assets, Current | 418.46M | 161.07M | 133.54M | 353.46M | 249.87M | 393.34M |
| Assets | 485.57M | 354.16M | 382.00M | 607.40M | 374.82M | 469.06M |
| Long-term Debt | — | — | 0 | — | 616.33M | 619.17M |
| Liabilities, Current | 38.30M | 32.09M | 24.77M | 28.71M | 58.59M | 123.57M |
| Stockholders' Equity Attributable to Parent | 296.72M | 175.54M | 213.00M | 441.80M | -338.57M | -303.75M |
| Common Stock, Shares, Outstanding | 51.07M | 49.47M | 48.09M | 65.23M | 74.44M | 64.33M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 238.54M | -11.54M | -27.00M | -186.99M | -207.86M | -250.40M |
| Net Cash Provided by (Used in) Investing Activities | -105.28M | 12.28M | -32.70M | 1.15B | 124.49M | 10.72M |
| Payments for Repurchase of Common Stock | — | 445.00K | 197.05M | 128.83M | — | — |
| Net Cash Provided by (Used in) Financing Activities | -3.25M | -2.50M | -198.93M | -758.81M | 91.86M | 263.08M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -6.07M | 244.57M | 251.08M | — | -1.09M |
| Working Capital | 385.86M | 380.16M | 317.29M | 311.66M | 118.76M | 128.98M |
| Net Debt | -247.60M | -125.10M | -130.18M | -235.47M | -62.46M | 12.02M |
| Operating Margin | -53.58% | 43.61% | -32.29% | -10.40% | -93.80% | -49.06% |
| Net Margin | -27.87% | 132.98% | 18.08% | 209.33% | -88.24% | -82.79% |
| Return on Equity (ROE) | -1.70% | 20.57% | 1.55% | 24.39% | -8.18% | -8.85% |
| Return on Assets (ROA) | -1.04% | 12.57% | 0.87% | 12.87% | -3.95% | -4.38% |
| Current Ratio | 13.14× | 10.93× | 9.48× | 6.70× | 4.77× | 5.02× |
| Debt-to-Equity | 0.14× | 0.14× | 0.19× | 0.21× | 0.29× | 0.28× |
| Effective Tax Rate | 23.76% | 16.48% | 225.13% | 25.09% | 3.95% | -73.70% |
| Cash Conversion Ratio | -14.85× | -0.10× | 67.66× | 4.58× | -3.17× | 0.06× |
| Accruals Ratio | -0.17× | 0.14× | -0.58× | -0.46× | -0.16× | -0.04× |
| SBC % of Revenue | 25.45% | 9.76% | 70.02% | 35.96% | 31.69% | 31.07% |
| CapEx Coverage | — | -758.00× | 7194.26× | 7385.68× | — | -4.75× |
| Free Cash Flow Per Share | — | $-0.12 | $4.71 | $4.95 | — | $-0.02 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 7.38× | 9.22× | 25.61× | 45.96× | — | — |
| P/S | 7.62× | 8.89× | 9.21× | 7.19× | 6.84× | 7.23× |
| P/B | 2.88× | 3.22× | 3.18× | 2.47× | 2.69× | 2.65× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 17.70M | 45.89M | 19.99M | 26.20M | 15.39M | 18.75M |
| Research and Development Expense | 5.83M | 7.36M | 8.11M | 10.49M | 11.45M | 9.45M |
| Selling, General and Administrative Expense | 17.72M | 18.52M | 18.33M | 18.43M | 18.37M | 18.50M |
| Operating Expenses | 27.18M | 25.88M | 26.45M | 28.92M | 29.82M | 27.95M |
| Operating Income (Loss) | -9.48M | 20.01M | -6.46M | -2.73M | -14.43M | -9.20M |
| Income Tax Expense (Benefit) | -1.54M | 12.04M | -6.50M | 18.37M | -559.00K | 6.59M |
| Net Income (Loss) Attributable to Parent | -4.93M | 61.02M | 3.62M | 54.84M | -13.58M | -15.53M |
| Earnings Per Share, Basic | $-0.10 | $1.20 | $0.07 | $1.09 | $-0.27 | $-0.31 |
| Weighted Average Number of Shares Outstanding, Basic | 51.28M | 50.32M | 50.52M | 50.18M | 49.71M | 48.85M |
| Earnings Per Share, Diluted | $-0.10 | $1.15 | $0.07 | $1.08 | $-0.27 | $-0.31 |
| Weighted Average Number of Shares Outstanding, Diluted | 51.28M | 51.51M | 51.91M | 50.73M | 49.71M | 48.85M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 288.10M | 167.81M | 174.77M | 281.93M | 110.61M | 37.80M |
| Assets, Current | 417.63M | 418.46M | 354.70M | 366.29M | 150.26M | 161.07M |
| Assets | 472.31M | 485.57M | 415.46M | 426.04M | 343.58M | 354.16M |
| Liabilities, Current | 31.77M | 38.30M | 37.41M | 54.63M | 31.50M | 32.09M |
| Stockholders' Equity Attributable to Parent | 290.59M | 296.72M | 232.68M | 224.85M | 165.98M | 175.54M |
| Common Stock, Shares, Outstanding | 51.52M | 51.07M | 50.67M | 50.36M | 50.00M | 49.47M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 73.28M | -6.06M | 244.60M | 251.11M | 43.04M | -902.00K |
| Net Cash Provided by (Used in) Investing Activities | 52.59M | 588.00K | -105.87M | -5.63M | 30.63M | 15.69M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | -5.58M | -1.49M | -1.76M | -1.36M | -854.00K | -365.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TBPH CIK 0001583107),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.