Pharming Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	-	297.2	245.32	205.62	198.87	212.17
Revenue Growth (YoY)	-	21.15%	19.30%	3.40%	-6.27%	11.88%
Cost of Revenue	-	35.4	25.21	17.56	21.14	23.54
Gross Profit	325.68	261.8	220.1	188.06	177.73	188.64
Selling, General & Admin	211.29	189.44	179.93	131.82	96.42	75.69
Research & Development	90.56	83.16	68.91	52.53	70.37	38.52
Other Operating Expenses	304.32	274.78	272.19	198.87	169.41	116.04
Total Operating Expenses	606.17	547.38	521.03	383.22	336.2	230.25
Operating Income	-280.49	-285.57	-300.93	-195.16	-158.47	-41.61
Total Non-Operating Income (Expense)	-	0.11	-6.63	-3.25	9.52	-32.16
Pretax Income	14.65	-8.51	-12.01	14.99	23.08	44.09
Provision for Income Taxes	13.81	2.51	-1.46	1.31	7.08	6.35
Net Income	0.84	-11.03	-10.55	13.67	16	37.75
Net Income to Common	0.84	-11.03	-10.55	13.67	16	37.75
Net Income Growth	-	-	-	-14.52%	-57.62%	-7.05%
Shares Outstanding (Basic)	68	67	66	65	64	64
Shares Outstanding (Diluted)	68	79	73	71	70	68
Shares Change (YoY)	3.43%	8.26%	2.59%	0.85%	2.70%	1.37%
EPS (Basic)	0.01	-0.18	-0.16	0.21	0.25	0.58
EPS (Diluted)	0.01	-0.18	-0.16	0.19	0.23	0.55
EPS Growth	-	-	-	-17.39%	-58.18%	-8.33%
Free Cash Flow	52.72	-2.58	-18.74	21.08	27.1	78.97
Free Cash Flow Growth	-	-	-	-22.21%	-65.68%	9.73%
Free Cash Flow Per Share	-	-0.03	-0.26	0.30	0.39	1.16
Gross Margin	-	88.09%	89.72%	91.46%	89.37%	88.91%
Operating Margin	-	-96.09%	-122.67%	-94.91%	-79.68%	-19.61%
Profit Margin	-	-3.71%	-4.30%	6.65%	8.04%	17.79%
FCF Margin	-	-0.87%	-7.64%	10.25%	13.63%	37.22%
EBITDA	-264.78	-269.5	-285	-181.98	-138.86	-33.3
EBITDA Margin	-	-90.68%	-116.18%	-88.50%	-69.82%	-15.69%
EBIT	-280.49	-285.57	-300.93	-195.16	-158.47	-41.61
EBIT Margin	-	-96.09%	-122.67%	-94.91%	-79.68%	-19.61%
Effective Tax Rate	94.30%	-29.53%	12.19%	8.76%	30.69%	14.40%

Updated Nov 6, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q