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 2017
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '17 Dec 31, 2017
Revenue	1,112	275.65	239.72	241.25	155.92
Revenue Growth (YoY)	303.50%	14.99%	-0.63%	54.73%	2.84%
Cost of Revenue	29.74	34.86	-	-	-
Gross Profit	1,083	240.79	239.72	241.25	155.92
Selling, General & Admin	153.43	134.44	133.97	138.64	27.22
Research & Development	459.42	335.46	241.29	269.8	218.5
Other Operating Expenses	174.62	-40.77	-47.27	-36.13	-
Total Operating Expenses	787.47	429.12	327.99	372.31	245.72
Operating Income	295.04	-188.34	-88.26	-131.06	-89.8
Interest Income	48.05	91.13	80.25	18.56	4.88
Interest Expense	-2.86	-1.67	-2.61	-9.85	-30.58
Other Non-Operating Income (Expense)	-39.36	95.8	16.25	51.5	-
Total Non-Operating Income (Expense)	5.83	185.25	93.89	60.21	-25.71
Pretax Income	300.87	-3.09	5.63	-70.85	-115.51
Provision for Income Taxes	-18.62	-1.8	9.61	0.57	0.2
Net Income	641.77	148.16	423.39	-217.99	-231.41
Earnings From Discontinued Operations	1.39	75.36	215.69	-146.57	-
Net Income to Common	641.77	148.16	423.39	-217.99	-231.41
Net Income Growth	333.15%	-65.01%	-	-	-
Shares Outstanding (Basic)	66	66	66	66	49
Shares Outstanding (Diluted)	66	66	66	66	49
Shares Change (YoY)	-	0.02%	0.28%	32.78%	4.59%
EPS (Basic)	4.87	1.12	3.21	-3.32	-2.34
EPS (Diluted)	4.87	1.12	3.21	-3.32	-2.34
EPS Growth	334.82%	-65.11%	-	-	-
Shares Outstanding	65.9	65.9	65.88	65.84	49.55
Free Cash Flow	-271.16	-336.75	-424.68	-527.93	-152.34
Free Cash Flow Per Share	-4.11	-5.11	-6.45	-8.04	-3.08
Gross Margin	97.33%	87.35%	100.00%	100.00%	100.00%
Operating Margin	26.53%	-68.33%	-36.82%	-54.32%	-57.60%
Profit Margin	28.72%	-0.47%	-1.66%	-29.60%	-74.21%
FCF Margin	-24.38%	-122.16%	-177.15%	-218.83%	-97.71%
EBITDA	350.91	-142.84	-44.62	-131.06	-89.15
EBITDA Margin	31.55%	-51.82%	-18.61%	-54.32%	-57.18%
EBIT	295.04	-188.34	-88.26	-131.06	-89.8
EBIT Margin	26.53%	-68.33%	-36.82%	-54.32%	-57.60%
Effective Tax Rate	-6.19%	58.44%	170.90%	-0.81%	-0.17%

Updated Feb 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q