Cipher Pharmaceuticals Inc. (TSX:CPH)

Canada · Delayed Price · Currency is CAD

13.95

-0.21 (-1.48%)

Aug 28, 2026, 4:00 PM EST

Cipher Pharmaceuticals Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	49.62	50.45	33.36	21.16	20.68	21.94
Revenue Growth	4.27%	51.22%	57.66%	2.36%	-5.78%	1.55%
Gross Profit	40.4	40.42	24.1	17.09	16.68	18.26
Operating Income	19.73	16.87	7.85	10.3	11.05	13.06
Net Income	28.99	27.33	11.55	20.38	26.64	7.76
Earnings Per Share	1.12	1.05	0.46	0.80	1.03	0.29
EPS Growth	140.95%	128.26%	-42.50%	-22.33%	255.17%	74.74%

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Canada	17.29	16.91	14.79	12.68	12.41	11.41
United States (U.S.)	32.34	33.54	18.57	8.48	8.27	10.53
Total	49.62	50.45	33.36	21.16	20.68	21.94

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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 & Investments	9.11	7.49	17.84	39.83	28.84	20.55
Total Debt	0.37	5.51	40.58	0.35	0.43	0.52
Net Cash (Debt)	8.74	1.99	-22.74	39.47	28.41	20.03
Net Cash Growth	-	-	-	38.95%	41.81%	174.67%
Net Cash Per Share	0.34	0.08	-0.90	1.55	1.10	0.75

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	27.06	29.73	19.55	16	10.73	13.81
Capital Expenditures	-0.04	-0.03	-80.04	-0.14	-0.08	-
Free Cash Flow	27.02	29.7	-60.5	15.86	10.64	13.81
Free Cash Flow Growth	-	-	-	48.96%	-22.95%	18.27%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	81.40%	80.12%	72.25%	80.77%	80.69%	83.21%
Operating Margin	39.76%	33.43%	23.52%	48.68%	53.45%	59.51%
Pretax Margin	35.19%	34.02%	8.86%	59.92%	55.52%	50.40%
Profit Margin	58.42%	54.17%	34.60%	96.32%	128.83%	35.35%
FCF Margin	54.44%	58.87%	-181.33%	74.92%	51.48%	62.95%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 31, 2026	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
PE Ratio	8.75	10.20	22.06	4.94	2.68	4.73
Forward PE	11.80	18.41	15.93	11.11	8.77	3.95
P/FCF Ratio	9.24	9.39	-	6.36	6.70	2.66
PS Ratio	5.03	5.53	7.63	4.76	3.45	1.67