For fiscal 2025 (ended Dec 31, 2025), Pharming Group N.V. ADS each representing 10 reported $376.13M of revenue and $2.85M of net income.
PHAR revenue was $376.13M for fiscal 2025 (ended Dec 31, 2025), up 26.6% from fiscal 2024. Compound annual growth was +12.1% over 5 years. It rose in 5 of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.
PHAR net income was $2.85M for fiscal 2025 (ended Dec 31, 2025), compared with -$11.84M in fiscal 2024. Compound annual growth was -40.3% over 5 years.
PHAR diluted EPS was $0.00 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.02 in fiscal 2024. Compound annual growth was -40.8% over 5 years.
PHAR free cash flow was $53.96M for fiscal 2025 (ended Dec 31, 2025), compared with -$2.58M in fiscal 2024. Compound annual growth was -7.3% over 5 years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $376.13M | $297.20M | $245.32M | $205.62M | $198.87M | $212.17M | $189.39M |
| Cost of revenue | $45.50M | $35.40M | $25.21M | $17.56M | $21.14M | $23.54M | $23.93M |
| Gross profit | $330.63M | $261.80M | $220.10M | $188.06M | $177.73M | $188.63M | $165.46M |
| Research and development | $100.37M | $83.15M | $68.91M | $52.53M | $70.37M | $38.52M | $31.79M |
| Selling, general and admin | $79.96M | $70.65M | $55.88M | $46.02M | $36.97M | $24.09M | $21.19M |
| Operating income | $25.84M | -$8.62M | -$5.39M | $18.23M | $13.56M | $76.26M | $68.25M |
| Interest expense | $196.0K | $56.0K | $134.0K | $105.0K | $94.0K | $74.0K | $0 |
| Pre-tax income | $12.85M | -$8.49M | -$12.01M | $14.99M | $23.08M | $44.09M | $52.30M |
| Income tax | $10.31M | $3.35M | -$1.46M | $1.31M | $7.08M | $6.35M | $11.75M |
| Net income | $2.85M | -$11.84M | -$10.55M | $13.67M | $16.00M | $37.75M | $40.56M |
| EPS, basic | $0.00 | -$0.02 | -$0.02 | $0.02 | $0.03 | $0.06 | $0.07 |
| EPS, diluted | $0.00 | -$0.02 | -$0.02 | $0.02 | $0.02 | $0.06 | $0.06 |
| Diluted shares | 746.9M | 785.4M | 725.5M | 707.1M | 701.2M | 682.7M | 673.5M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $145.31M | $54.94M | $61.74M | $207.34M | $191.92M | $205.16M | $74.35M |
| Receivables | $54.70M | $54.82M | $46.16M | $27.62M | $29.98M | $35.90M | $28.86M |
| Inventory | $64.90M | $55.72M | $56.76M | $42.33M | $27.31M | $21.16M | $16.22M |
| Current assets | $299.47M | $278.44M | $316.34M | $277.50M | $249.44M | $263.21M | $119.44M |
| Total assets | $499.96M | $399.99M | $462.85M | $425.80M | $397.31M | $418.45M | $255.91M |
| Current liabilities | $115.79M | $73.80M | $77.97M | $59.70M | $46.77M | $76.85M | $114.25M |
| Total liabilities | $222.86M | $178.92M | $244.07M | $221.16M | $204.40M | $235.02M | $138.53M |
| Shareholders' equity | $277.10M | $221.06M | $218.78M | $204.64M | $192.92M | $183.44M | $117.39M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $54.71M | -$1.79M | -$17.30M | $22.46M | $37.84M | $83.63M | $74.15M |
| Capital expenditures | $749.0K | $790.0K | $1.44M | $1.38M | $10.74M | $4.66M | $2.65M |
| Free cash flow | $53.96M | -$2.58M | -$18.74M | $21.08M | $27.10M | $78.97M | $71.50M |
| Investing cash flow | $26.25M | $31.62M | -$129.39M | $5.32M | -$21.30M | -$15.63M | -$28.26M |
| Financing cash flow | $1.50M | -$34.41M | -$1.04M | -$4.98M | -$27.95M | $60.69M | -$63.47M |
| Stock-based compensation | $13.77M | $11.25M | $9.25M | $6.39M | $9.06M | $6.54M | $4.29M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 26.6% | 21.1% | 19.3% | 3.4% | -6.3% | 12.0% | - |
| Net income growth, YoY | - | - | - | -14.5% | -57.6% | -6.9% | - |
| EPS growth, YoY | - | - | - | -17.4% | -58.2% | -8.3% | - |
| Gross margin | 87.9% | 88.1% | 89.7% | 91.5% | 89.4% | 88.9% | 87.4% |
| Operating margin | 6.9% | -2.9% | -2.2% | 8.9% | 6.8% | 35.9% | 36.0% |
| Net margin | 0.8% | -4.0% | -4.3% | 6.7% | 8.0% | 17.8% | 21.4% |
| Free cash flow margin | 14.3% | -0.9% | -7.6% | 10.3% | 13.6% | 37.2% | 37.8% |
| Return on equity | 1.0% | -5.4% | -4.8% | 6.7% | 8.3% | 20.6% | 34.5% |
| Return on assets | 0.6% | -3.0% | -2.3% | 3.2% | 4.0% | 9.0% | 15.8% |
| Current ratio | 2.59 | 3.77 | 4.06 | 4.65 | 5.33 | 3.43 | 1.05 |
Source: XBRL data Pharming Group N.V. ADS each representing 10 files with the SEC, latest filing dated Apr 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| PHAR | $376.13M | +26.6% | $2.85M | 0.8% | $929.4M |
| LLY | $86.46B | +45.5% | $27.58B | 31.9% | $1.33T |
| JNJ | $99.33B | +7.8% | $16.09B | 16.2% | $679.13B |
| ABBV | $66.01B | +10.7% | $10.34B | 15.7% | $518.44B |
| MRK | $67.38B | +4.9% | $2.45B | 3.6% | $366.73B |
| NVS | $54.53B | +8.4% | $13.98B | 25.6% | $312.35B |
| AZN | $58.74B | +8.6% | $10.22B | 17.4% | $293.69B |
| ABT | $48.23B | +10.0% | $4.70B | 9.7% | $191.40B |
| NVO | DKK 309.06B | +6.4% | DKK 102.43B | 33.1% | $183.23B |