Travere Therapeutics, Inc. (TVTX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 127.2M | 129.69M | 164.86M | 114.45M | 81.73M | 74.79M | 62.9M | 54.12M | 41.37M | 45.06M | 37.09M | 32.2M | 56.99M | 55.87M | 28.07M | 54.17M | 48.49M | 57.25M | 68.22M | 54.62M |
| Revenue Growth % | 55.63% | 73.41% | 162.11% | 111.49% | 97.54% | 65.98% | 69.56% | 68.08% | -27.41% | -19.35% | 32.13% | -40.56% | 17.54% | -2.41% | -58.84% | -0.82% | 2.28% | 12.29% | 33.4% | 12.78% |
| Cost of Goods Sold | 0 | 2.55M | 1.58M | 1.52M | 4.68M | 2.55M | 1.63M | 12.41M | 1.5M | 16.42M | 1.29M | 1.45M | 5.13M | 1.73M | 7.27M | 2.05M | 2.14M | 1.9M | 1.59M | 1.65M |
| COGS % of Revenue | - | 1.97% | 0.96% | 1.33% | 5.72% | 3.41% | 2.59% | 22.92% | 3.64% | 36.43% | 3.47% | 4.51% | 8.99% | 3.09% | 25.88% | 3.79% | 4.41% | 3.31% | 2.33% | 3.02% |
| Gross Profit | 0 | 127.14M | 163.27M | 112.93M | 77.05M | 72.23M | 61.27M | 41.71M | 39.87M | 28.64M | 35.81M | 30.74M | 51.87M | 54.14M | 20.81M | 52.12M | 46.35M | 55.35M | 66.63M | 52.97M |
| Gross Margin % | - | 98.03% | 99.04% | 98.67% | 94.28% | 96.59% | 97.41% | 77.08% | 96.36% | 63.57% | 96.53% | 95.49% | 91.01% | 96.91% | 74.12% | 96.21% | 95.59% | 96.69% | 97.67% | 96.98% |
| Gross Profit Growth % | -100% | 76.01% | 166.47% | 170.75% | 93.26% | 152.19% | 71.12% | 35.67% | -23.13% | -47.09% | 72.07% | -41.01% | 11.91% | -2.19% | -68.77% | -1.6% | 1.28% | 13.17% | 33.38% | 12.85% |
| Operating Expenses | 164.11M | 159.56M | 138.34M | 125.58M | 119.73M | 132.97M | 117.42M | 108.76M | 179.11M | 111.48M | 128.39M | 134.69M | 132.16M | 120.99M | 103.41M | 117.57M | 103.4M | 102.54M | 98.34M | 88.28M |
| OpEx % of Revenue | 129.02% | 123.04% | 83.92% | 109.72% | 146.49% | 177.8% | 186.68% | 200.98% | 432.9% | 247.41% | 346.11% | 418.36% | 231.88% | 216.57% | 368.35% | 217.05% | 213.25% | 179.12% | 144.15% | 161.64% |
| Selling, General & Admin | 80.25M | 101.69M | 86.45M | 76.22M | 72.84M | 69.5M | 65.62M | 54.43M | 64.22M | 52.73M | 67.8M | 68.2M | 72.25M | 62.92M | 52.42M | 52.98M | 46.79M | 42.08M | 36.06M | 34.97M |
| SG&A % of Revenue | 63.09% | 78.41% | 52.44% | 66.59% | 89.12% | 92.93% | 104.33% | 100.58% | 155.23% | 117.03% | 182.78% | 211.84% | 126.76% | 112.62% | 186.71% | 97.81% | 96.5% | 73.49% | 52.87% | 64.02% |
| Research & Development | 57.09M | 57.87M | 51.89M | 49.36M | 46.89M | 62.07M | 51.68M | 54.33M | 114.63M | 58.75M | 60.59M | 66.49M | 59.91M | 60.23M | 57.15M | 59.68M | 56.61M | 62.17M | 48.41M | 51.81M |
| R&D % of Revenue | 44.89% | 44.62% | 31.48% | 43.13% | 57.37% | 82.99% | 82.16% | 100.4% | 277.05% | 130.38% | 163.34% | 206.52% | 105.12% | 107.81% | 203.54% | 110.18% | 116.76% | 108.59% | 70.96% | 94.86% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 1000K | 123K | 0 | 259K | 0 | 0 | 0 | 87K | -1000K | -1000K | 1000K | 26K | -1000K | 1000K | 1000K |
| Operating Income | -36.6M | -32.43M | 24.93M | -12.65M | -42.67M | -60.74M | -56.15M | -67.05M | -139.24M | -82.84M | -92.58M | -103.95M | -80.29M | -66.85M | -82.6M | -65.45M | -57.05M | -47.19M | -31.71M | -35.31M |
| Operating Margin % | -28.78% | -25% | 15.12% | -11.05% | -52.21% | -81.21% | -89.27% | -123.9% | -336.53% | -183.85% | -249.59% | -322.87% | -140.88% | -119.66% | -294.23% | -120.83% | -117.66% | -82.43% | -46.49% | -64.66% |
| Operating Income Growth % | 14.23% | 46.61% | 144.4% | 81.13% | 69.35% | 26.68% | 39.35% | 35.5% | -73.42% | -23.92% | -12.08% | -58.82% | -40.74% | -41.66% | -160.49% | -85.33% | -19.98% | 60.19% | -63.16% | -52.81% |
| EBITDA | -36.6M | -14.29M | 40.72M | 1.37M | -29.87M | -48.64M | -44.91M | -56.71M | -129.36M | -70.99M | -81.11M | -93M | -70.75M | -57.55M | -76.45M | -57.34M | -49.96M | -41.14M | -23.84M | -28.7M |
| EBITDA Margin % | -28.78% | -11.02% | 24.7% | 1.19% | -36.55% | -65.04% | -71.4% | -104.79% | -312.65% | -157.54% | -218.65% | -288.87% | -124.13% | -103.01% | -272.31% | -105.86% | -103.03% | -71.86% | -34.94% | -52.54% |
| EBITDA Growth % | -22.53% | 70.62% | 190.67% | 102.41% | 76.91% | 31.47% | 44.63% | 39.03% | -82.85% | -23.35% | -6.09% | -62.19% | -41.61% | -39.89% | -220.71% | -99.84% | -20.45% | 63.24% | -83.43% | -66.25% |
| D&A (Non-Cash Add-back) | 0 | 18.14M | 15.79M | 14.02M | 12.8M | 12.09M | 11.24M | 10.35M | 9.88M | 11.85M | 11.47M | 10.95M | 9.54M | 9.3M | 6.15M | 8.11M | 7.09M | 6.05M | 7.87M | 6.62M |
| EBIT | 0 | -18.77M | 28.46M | -9.89M | -38.33M | -57.52M | -52.06M | -66.78M | -132.97M | -85.71M | -86.41M | -99.02M | -93.64M | -62.86M | -82.6M | -64.01M | -73.4M | -46.5M | -30.7M | -34.11M |
| Net Interest Income | 0 | 296K | 296K | 441K | 938K | 978K | 793K | 1.63M | 3.23M | 4.33M | 3.02M | 2.29M | 796K | 219K | -728K | -2.19M | -2.24M | -4.83M | -4.54M | -3.86M |
| Interest Income | 2.58M | 2.59M | 3.05M | 3.29M | 3.79M | 3.79M | 3.57M | 4.42M | 6.03M | 7.15M | 5.84M | 5.13M | 3.65M | 3.12M | 2.1M | 782K | 278K | 236K | 360K | 988K |
| Interest Expense | -2.3M | 2.3M | 2.75M | 2.85M | 2.86M | 2.82M | 2.78M | 2.79M | 2.8M | 2.82M | 2.82M | 2.84M | 2.85M | 2.9M | 2.83M | 2.97M | 2.52M | 5.07M | 4.9M | 4.85M |
| Other Income/Expense | -120K | 11.36M | 783K | -85K | 1.49M | 397K | 1.31M | -2.52M | 3.47M | -5.69M | 3.36M | 2.08M | -16.2M | 1.09M | -1.31M | -1.53M | -18.87M | -4.38M | -3.88M | -3.65M |
| Pretax Income | -36.72M | -21.07M | 25.71M | -12.73M | -41.19M | -60.34M | -54.84M | -69.57M | -135.77M | -88.53M | -89.23M | -101.87M | -96.49M | -65.76M | -83.92M | -66.98M | -75.92M | -51.57M | -35.6M | -38.96M |
| Pretax Margin % | -28.87% | -16.24% | 15.6% | -11.13% | -50.39% | -80.68% | -87.18% | -128.55% | -328.15% | -196.47% | -240.54% | -316.4% | -169.29% | -117.71% | -298.91% | -123.65% | -156.58% | -90.08% | -52.18% | -71.34% |
| Income Tax | 120K | 921K | 8K | 20K | 39K | -72K | -84K | 85K | 191K | 68K | 12K | 65K | 78K | 63K | 145K | 53K | 52K | 4K | 43K | 49K |
| Effective Tax Rate % | -0.33% | -4.37% | 0.03% | -0.16% | -0.09% | 0.12% | 0.15% | -0.12% | -0.14% | -0.08% | -0.01% | -0.06% | -0.08% | -0.1% | -0.17% | -0.08% | -0.07% | -0.01% | -0.12% | -0.13% |
| Net Income | -37.1M | 2.73M | 25.71M | -12.76M | -41.23M | -60.26M | -54.81M | -70.41M | -136.06M | -90.17M | 150.74M | -85.63M | -86.33M | -65.82M | -69.66M | -67.03M | -75.97M | -51.57M | -35.64M | -39.01M |
| Net Margin % | -29.17% | 2.1% | 15.59% | -11.14% | -50.44% | -80.58% | -87.14% | -130.11% | -328.86% | -200.12% | 406.35% | -265.96% | -151.48% | -117.82% | -248.11% | -123.75% | -156.68% | -90.09% | -52.24% | -71.43% |
| Net Income Growth % | 10% | 104.53% | 146.9% | 81.88% | 69.7% | 33.17% | -136.36% | 17.78% | -57.6% | -36.99% | 316.4% | -27.74% | -13.64% | -27.63% | -95.45% | -71.82% | -41.03% | 57.6% | -58.05% | -49.65% |
| Net Income (Continuing) | -37.1M | -21.99M | 25.71M | -12.76M | -41.23M | -60.27M | -54.75M | -69.65M | -135.96M | -88.6M | -89.24M | -101.93M | -96.56M | -65.82M | -84.06M | -67.03M | -75.97M | -51.57M | -35.64M | -39.01M |
| Discontinued Operations | 0 | 1000K | 0 | 0 | 0 | 4K | -59K | -757K | -103K | -1000K | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.40 | -0.24 | 0.25 | -0.14 | -0.47 | -0.73 | -0.70 | -0.91 | -1.76 | -1.18 | -0.99 | -1.13 | -1.27 | -1.03 | -1.09 | -1.05 | -1.20 | -0.84 | -0.59 | -0.64 |
| EPS Growth % | 14.89% | 67.12% | 135.71% | 84.62% | 73.3% | 38.14% | 29.29% | 19.47% | -38.58% | -14.56% | 9.17% | -7.62% | -5.83% | -22.62% | -84.75% | -64.06% | -25% | 64.56% | -34.09% | -10.34% |
| EPS (Basic) | -0.40 | -0.24 | 0.29 | -0.14 | -0.47 | -0.73 | -0.70 | -0.91 | -1.76 | -1.18 | -0.99 | -1.13 | -1.27 | -1.03 | -1.09 | -1.05 | -1.20 | -0.84 | -0.59 | -0.64 |
| Diluted Shares Outstanding | 91.87M | 90.29M | 102.62M | 88.95M | 88.36M | 83.11M | 77.78M | 77.5M | 77.14M | 76.47M | 76.31M | 76M | 68.17M | 64.21M | 64.03M | 63.64M | 63.13M | 61.62M | 60.8M | 60.57M |
| Basic Shares Outstanding | 91.87M | 90.29M | 89.23M | 88.95M | 88.36M | 83.11M | 77.78M | 77.5M | 77.14M | 76.47M | 76.31M | 76M | 68.17M | 64.21M | 64.03M | 63.64M | 63.13M | 61.62M | 60.41M | 60.57M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |