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MARKETS / NASDAQ / BMRN
NASDAQ · PHARMACEUTICAL PREPARATIONS · LARGE CAP

Biomarin Pharmaceutical Inc. BMRN

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.2B
▲ 12.9% YoY
$348.9M
▼ 18.3% YoY
$725.0M
▲ 48.7% YoY
In brief

What this company does

BioMarin manufactures the active pharmaceutical ingredients for ALDURAZYME, NAGLAZYME, PALYNZIQ and VOXZOGO at its production facilities in Novato, California. It also manufactures the active pharmaceutical ingredient for BRINEURA and VIMIZIM at its manufacturing facility in Shanbally, Cork, Ireland. As of December 31, 2025, the company had 3,221 employees worldwide, of whom 1,518 were in operations, 692 were in research and development, 495 were in sales and marketing and 516 were in administration. During 2025, 37% of the company's net product revenue was generated by three customers. The company's commercial organization is structured around two business units, Skeletal Conditions (VOXZOGO) and Enzyme Therapies, which support its product lines directly in the U.S., Europe, South America and certain other significant markets. The company, based in San Rafael, California, was founded in 1997. It was incorporated in Delaware in October 1996.

Written from the business description in BioMarin Pharmaceutical Inc's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 3.2B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.2 · Net income 0.3
2.00B-0.25B-0.50B2008201120142017202020232025
Compound annual growth
+15.4%
+11.6%
+13.7%
+15.4%
+35.1%
−16.4%
+3.6%
+33.9%
−16.7%
+0.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 12.7% · Net 10.8%
20%40%-20%-40%-60%2008201120142017202020232025
ROE
FY2025 · ROE 5.9%
10%20%30%-10%-20%2008201120142017202020232025

Each USD of equity produced 6 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 725.0
250.0M500.0M-200.0M-400.0M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2022 · Dividends — · Net buybacks 0.0
20M40M20182019202020212022

Total assetsUSD 7.6B
EquityUSD 6.1B
CashUSD 1.3B
Current ratio5.21×

Equity funds 80% of total assets.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B3.22.92.42.11.81.91.71.51.31.10.90.70.50.50.40.40.30.3
Operating income $B0.40.50.20.2−0.1−0.0−0.1−0.1−0.0−0.8−0.1−0.1−0.2−0.1−0.00.00.00.0
EBITDA $B0.50.60.30.30.00.10.0−0.00.1−0.7−0.1−0.0−0.1−0.1−0.00.00.0·
Income tax $B0.10.10.00.0−0.0−0.9−0.1−0.10.1−0.20.00.0−0.0−0.00.0−0.20.00.0
Net income $B0.30.40.20.1−0.10.9−0.0−0.1−0.1−0.6−0.2−0.1−0.2−0.1−0.10.2−0.00.0
Free cash flow $B0.70.50.10.10.2−0.0−0.1−0.1−0.2−0.4−0.4−0.2−0.1−0.0−0.1−0.0−0.0−0.1
EPS, diluted $1.802.210.870.75−0.354.50−0.13−0.44−0.67−3.81−1.07−0.92−1.28−0.95−0.481.730.000.29
Dividend / sh $··················
Payout %··················
ROE %5.98.03.53.2−1.523.6−0.8−2.7−4.2−24.4−8.7−9.3−15.0−12.8−7.239.6−0.211.1
Shares out B0.190.190.190.190.180.180.180.180.180.170.160.150.140.130.110.110.10·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 69 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 8 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2008

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