Galapagos NV Income Statement

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

Millions EUR. 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	1,112	275.65	239.72	241.25	234.38
Revenue Growth (YoY)	303.48%	14.99%	-0.63%	2.93%	-50.97%
Cost of Revenue	29.7	34.86	-	-	-
Gross Profit	1,083	240.79	-	-	-
Selling, General & Admin	-	134.44	133.97	138.64	131.52
Research & Development	459.4	335.46	241.29	269.8	320.5
Other Operating Expenses	228.1	-	-	-	-
Total Operating Expenses	687.5	469.9	375.26	408.43	452.02
Operating Income	395	-229.11	-135.54	-167.18	-217.64
Interest Income	-	91.13	80.25	18.56	3.06
Interest Expense	-	-1.67	-2.61	-9.85	-12.35
Other Non-Operating Income (Expense)	14.1	136.57	63.52	87.63	107.53
Total Non-Operating Income (Expense)	14.1	226.03	141.16	96.33	98.24
Pretax Income	409.1	-3.09	5.63	-70.85	-119.4
Provision for Income Taxes	18.6	1.8	-9.61	-0.57	-1.39
Net Income	641.8	74.08	211.7	-217.99	-103.23
Earnings From Discontinued Operations	1.4	75.36	215.69	-146.57	17.56
Net Income to Common	641.8	74.08	211.7	-217.99	-103.23
Net Income Growth	766.34%	-65.01%	-	-	-
Shares Outstanding (Basic)	132	66	66	66	66
Shares Outstanding (Diluted)	132	66	66	66	66
Shares Change (YoY)	99.85%	0.01%	0.36%	0.30%	0.65%
EPS (Basic)	4.87	1.12	3.21	-3.32	-1.58
EPS (Diluted)	4.87	1.12	3.21	-3.32	-1.58
EPS Growth	334.82%	-65.11%	-	-	-
Free Cash Flow	0	-336.75	-424.68	-527.93	-558.03
Free Cash Flow Per Share	-	-5.11	-6.44	-8.04	-8.52
Gross Margin	97.33%	87.35%	100.00%	100.00%	100.00%
Operating Margin	35.52%	-83.12%	-56.54%	-69.30%	-92.86%
Profit Margin	57.58%	26.41%	86.65%	-119.96%	-95.58%
FCF Margin	0.00%	-122.16%	-177.15%	-218.83%	-238.08%
EBITDA	395	-229.11	-135.54	-167.18	-217.64
EBIT	395	-229.11	-135.54	-167.18	-217.64
EBIT Margin	35.52%	-83.12%	-56.54%	-69.30%	-92.86%
Effective Tax Rate	4.55%	-58.44%	-170.90%	0.81%	1.16%

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

SEC Filings: 10-K · 10-Q