Insmed Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	510.45	555.03	482.37	1,074	716.78
Short-Term Investments	919.6	878.8	298.07	74.24	-
Cash & Short-Term Investments	1,430	1,434	780.45	1,148	716.78
Cash Growth	-0.26%	83.72%	-32.03%	60.20%	34.54%
Receivables	140.86	52.01	41.19	29.71	24.35
Inventory	132.07	98.58	83.25	69.92	67.01
Prepaid Expenses	91.24	37.25	24.18	25.47	28.9
Total Current Assets	1,794	1,622	929.06	1,273	837.04
Property, Plant & Equipment	139.21	115.58	104.39	102.08	95.52
Long-Term Investments	-	-	-	-	50.04
Goodwill	136.11	136.11	136.11	136.11	136.11
Other Intangible Assets	74.61	30.76	30.97	31.17	31.37
Long-Term Deferred Charges	23.04	27.89	32.74	37.59	42.44
Other Long-Term Assets	97.38	93.23	96.57	76.1	50.99
Total Assets	2,265	2,025	1,330	1,656	1,244
Accounts Payable	79.91	73.03	65.39	50.46	35.78
Accrued Expenses	303.35	187.48	128.21	108.01	81.64
Current Portion of Leases	12.81	12.32	10.64	8.13	10.14
Other Current Liabilities	72.8	24.7	21.39	23.64	7.6
Total Current Liabilities	468.87	297.53	225.63	190.24	135.17
Long-Term Debt	703.83	1,264	1,310	1,273	566.59
Long-Term Leases	32.89	33.18	38.04	44.49	35.54
Other Long-Term Liabilities	319.99	144.7	87.75	60.49	95.74
Total Liabilities	1,526	1,740	1,662	1,568	833.04
Common Stock	2.14	1.79	1.48	1.36	1.19
Additional Paid-In Capital	6,372	4,646	3,113	2,782	2,674
Retained Earnings	-5,637	-4,360	-3,446	-2,697	-2,265
Comprehensive Income & Other	1.46	-2.29	-0.75	0.76	0.97
Shareholders' Equity	738.98	285.38	-331.92	87.95	410.47
Total Liabilities & Equity	2,265	2,025	1,330	1,656	1,244
Total Debt	749.54	1,310	1,359	1,326	612.27
Net Cash (Debt)	680.51	123.88	-578.58	-177.6	154.56
Net Cash Growth	449.32%	-	-	-	20.83%
Net Cash Per Share	3.42	0.76	-4.12	-1.44	1.38
Filing Date Shares Outstanding	215.55	181	148.49	136.41	118.9
Total Common Shares Outstanding	214.26	179.38	147.98	135.65	118.74
Working Capital	1,325	1,324	703.43	1,083	701.87
Book Value Per Share	3.45	1.59	-2.24	0.65	3.46
Tangible Book Value	528.25	118.51	-499	-79.33	242.99
Tangible Book Value Per Share	2.47	0.66	-3.37	-0.58	2.05
Land	1.96	-	-	-	-
Buildings	10.44	-	-	-	-
Machinery	55.49	41.17	36.51	29.35	26.16
Construction In Progress	42.41	51.13	35.45	29.53	27.78
Leasehold Improvements	53.4	38.06	38.05	37.06	36.07

Source: S&P Global Market Intelligence. Standard template. Financial Sources.