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MARKETS / NASDAQ / TBPH
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Theravance Biopharma, Inc. TBPH

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$107.5M
▲ 66.9% YoY
$105.9M
$238.5M
In brief

What this company does

It relies on a network of third-party contract manufacturing organizations to produce active pharmaceutical ingredients and drug products. In the US, Viatris leads commercialization of YUPELRI and the company co-promotes the product under a profit and loss sharing arrangement of 65% to Viatris and 35% to it, while outside the US, excluding China and adjacent territories, Viatris is responsible for development and commercialization and pays a tiered royalty on net sales at rates ranging from low double-digits to mid-teens. As of December 31, 2025, it had 90 employees, of whom 79 were based in the US and 11 were based in Dublin, Ireland. Theravance Biopharma was incorporated in the Cayman Islands in July 2013 under the name Theravance Biopharma, Inc., and began operating as an independent, publicly traded company on June 2, 2014 following a spin-off from Innoviva, Inc.

Written from the business description in THERAVANCE BIOPHARMA, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 23 March 2026. Every sentence was checked against that document before publication.

Growth
USD 107.5M
Revenue, FY2025 · full 14-year series below
Revenue $M Net income $M
FY2025 · Revenue 107.5 · Net income 105.9
400M800M-100M-200M20122014201620182020202220242025
Compound annual growth
+27.9%
+8.4%
+9.8%
−50.5%
−44.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.4% 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
99 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -3.4% · Net 98.5%
-20000%-40000%-60000%20122014201620182020202220242025
ROE
FY2025 · ROE 44.8%
500%1000%1500%-200%-400%-600%20122014201620182020202220242025

Each USD of equity produced 45 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 238.5
80M160M-100M-200M20122014201620182020202220242025
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 0.3
80M160M202220232024

Total assetsUSD 485.6M
EquityUSD 296.7M
CashUSD 167.8M
Current ratio10.93×

Equity funds 61% of total assets.

The 14-year record
14 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B0.10.10.10.10.10.10.10.10.00.00.00.00.00.1
Operating income $B−0.0−0.0−0.1−0.1−0.3−0.3−0.3−0.2−0.3−0.2−0.2−0.2−0.2−0.0
EBITDA $B−0.0−0.0−0.1−0.1−0.3−0.3−0.2−0.2−0.3−0.2−0.2−0.2−0.2−0.0
Income tax $B0.00.00.00.0−0.0−0.0−0.0−0.00.00.00.00.00.00.0
Net income $B0.1−0.1−0.10.9−0.2−0.3−0.2−0.2−0.3−0.2−0.2−0.2−0.2−0.0
Free cash flow $B0.2−0.0−0.0−0.2−0.2−0.3−0.2−0.1−0.2−0.1−0.2−0.2−0.1−0.1
EPS, diluted $2.06−1.15−1.0011.85−2.87−4.46−4.25−3.99−5.45−4.26−5.34−7.46−4.92−0.30
Dividend / sh $··············
Payout %··············
ROE %44.8−29.0−16.91689.7···−677.9−122.6−64.3−68.4−173.8··
Shares out B0.050.050.050.070.070.060.060.060.050.050.040.030.00·

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 54 reconciliationsAUDITED

Reconciled in 14 of 19 fiscal years. 35 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inCalifornia
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2012

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