Pharming Group 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	376.13	297.2	245.32	205.62	198.87
Revenue Growth (YoY)	26.56%	21.15%	19.30%	3.40%	-6.27%
Cost of Revenue	45.5	35.4	25.21	17.56	21.14
Gross Profit	330.63	261.8	220.1	188.06	177.73
Selling, General & Admin	210.95	189.45	179.93	131.82	96.42
Research & Development	100.37	83.15	68.91	52.53	70.37
Other Operating Expenses	-	-	-	-14.52	-2.62
Total Operating Expenses	311.32	272.6	248.84	169.83	164.17
Operating Income	19.31	-10.8	-28.74	18.23	13.56
Interest Income	2.8	5.08	3.37	1.24	0.69
Interest Expense	-18.14	-9.94	-9.07	-5.46	-6.19
Other Non-Operating Income (Expense)	-	-	-	-1.19	15.01
Total Non-Operating Income (Expense)	-15.34	-4.86	-5.7	-5.41	9.52
Pretax Income	3.97	-15.66	-34.43	14.99	23.08
Provision for Income Taxes	-	-	-	-1.31	-
Net Income	2.85	-11.84	-10.55	13.67	16
Minority Interest in Earnings	-0.31	-	-	-	-
Net Income to Common	2.85	-11.84	-10.55	13.67	16
Net Income Growth	-	-	-	-14.52%	-57.62%
Shares Outstanding (Basic)	69	67	66	65	64
Shares Outstanding (Diluted)	75	79	73	71	70
Shares Change (YoY)	-4.91%	8.26%	2.59%	0.85%	2.70%
EPS (Basic)	0.04	-0.18	-0.16	0.21	0.25
EPS (Diluted)	0.04	-0.18	-0.16	0.19	0.23
EPS Growth	-	-	-	-17.39%	-58.18%
Shares Outstanding	70.17	68.03	67.11	65.63	64.87
Free Cash Flow	53.96	-2.59	-18.74	21.08	27.1
Free Cash Flow Growth	-	-	-	-22.21%	-65.68%
Free Cash Flow Per Share	0.72	-0.03	-0.26	0.30	0.39
Gross Margin	87.90%	88.09%	89.72%	91.46%	89.37%
Operating Margin	5.13%	-3.63%	-11.71%	8.87%	6.82%
Profit Margin	1.06%	-5.27%	-14.04%	6.65%	8.04%
FCF Margin	14.35%	-0.87%	-7.64%	10.25%	13.63%
EBITDA	30.53	5.27	-12.81	31.42	33.17
EBITDA Margin	8.12%	1.77%	-5.22%	15.28%	16.68%
EBIT	19.31	-10.8	-28.74	18.23	13.56
EBIT Margin	5.13%	-3.63%	-11.71%	8.87%	6.82%
Effective Tax Rate	0.00%	0.00%	0.00%	-8.76%	0.00%

Updated Mar 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q