Cipher Pharmaceuticals Income Statement

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
Revenue	50.45	33.36	21.16	20.68	21.94
Revenue Growth (YoY)	51.22%	57.66%	2.36%	-5.78%	1.55%
Cost of Revenue	10.03	9.26	4.07	3.99	3.68
Gross Profit	40.42	24.1	17.09	16.68	18.26
Selling, General & Admin	16.66	14.95	5.69	4.55	5.11
Depreciation & Amortization Expenses	7.23	4.02	1.23	0.99	-
Research & Development	0.02	-	0.14	0.1	0.09
Other Operating Expenses	-	-	-	-	1.25
Total Operating Expenses	23.91	18.97	7.06	5.63	6.45
Operating Income	16.51	5.13	10.03	11.05	11.81
Interest Income	-	0.33	1.87	0.46	-
Other Non-Operating Income (Expense)	0.52	-2.51	0.78	-0.04	-0.75
Total Non-Operating Income (Expense)	0.52	-2.18	2.65	0.43	-0.75
Pretax Income	17.03	2.96	12.68	11.48	11.06
Provision for Income Taxes	-10.17	-8.59	-7.7	-15.16	3.3
Net Income	27.2	11.55	20.38	26.64	7.76
Net Income to Common	27.2	11.55	20.38	26.64	7.76
Net Income Growth	135.59%	-43.36%	-23.48%	243.34%	76.88%
Shares Outstanding (Basic)	25	25	25	25,376	27
Shares Outstanding (Diluted)	26	25	25	25,799	27
Shares Change (YoY)	2.70%	-0.79%	-99.90%	96057.80%	-1.96%
EPS (Basic)	1.07	0.47	0.82	1.05	0.29
EPS (Diluted)	1.05	0.46	0.80	1.03	0.29
EPS Growth	128.26%	-42.50%	-22.33%	255.17%	81.25%
Free Cash Flow	0	19.5	15.98	10.64	13.81
Free Cash Flow Growth	-	22.05%	50.11%	-22.95%	18.26%
Free Cash Flow Per Share	-	0.77	0.63	0.00	0.51
Gross Margin	80.12%	72.24%	80.77%	80.69%	83.21%
Operating Margin	32.73%	15.39%	47.41%	53.45%	53.82%
Profit Margin	53.91%	34.60%	96.32%	128.83%	35.36%
FCF Margin	0.00%	58.45%	75.50%	51.48%	62.95%
EBITDA	16.51	9.15	11.26	12.04	12.51
EBITDA Margin	32.73%	27.43%	53.21%	58.23%	57.01%
EBIT	16.51	5.13	10.03	11.05	11.81
EBIT Margin	32.73%	15.39%	47.41%	53.45%	53.82%
Effective Tax Rate	-59.68%	-290.69%	-60.74%	-132.04%	29.85%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.