BridgeBio Pharma, Inc., a biopharmaceutical company, discovers, develops, and delivers medicines for patients with genetic diseases. The company offers Attruby, a next-generation oral small molecule near-complete TTR stabilizer for the treatment of cardiomyopathy of wild-type or transthyretin-mediated amyloidosis (ATTR-CM); Fosdenopterin, an intravenous formulation of synthetic cyclic pyranopterin monophosphate for the treatment of molybdenum cofactor deficiency under the NULIBRY brand name; and low-dose infigratinib, an oral FGFR1-3 selective tyrosine kinase inhibitor, which is in Phase 3 clinical stage or the treatment of children with achondroplasia and hypochondroplasia. It also develops Encaleret, an oral small molecule, negative allosteric modulator of the calcium sensing receptor, which is in phase 3 clinical study for the treatment of Autosomal Dominant Hypocalcemia Type 1(ADH1) and Chronic Hypoparathyroidism (CHP); BBP-418, an investigational, orally administered, and small molecule therapy that is in phase 3 clinical study for the treatment of LGMD2I; and BBP-812, an investigational adeno-associated virus (AAV) gene therapy for Canavan disease. In addition, the company engages in developing products for mendelian, oncology, and gene therapy diseases. It has license and collaboration agreements with the Bayer Consumer Care AG, Alexion Pharma International Operations Limited Company, Leland Stanford Junior University, and Novartis International Pharmaceutical Ltd. BridgeBio Pharma, Inc. was founded in 2015 and is headquartered in Palo Alto, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $502M | $-549M | $-725M | $-456M | 34.7% | 126.3% | 35.3% |
| 2024 | $222M | $-437M | $-536M | $-530M | 36.5% | 2285.3% | -16.7% |
| 2023 | $9M | $-565M | $-643M | $-529M | 47.5% | -88.0% | 33.7% |
| 2022 | $78M | $-397M | $-481M | $-426M | 38.4% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 77.65 | 9.30 | 221.90 | 502.08 |
| Operating Revenue | - | 77.65 | 9.30 | 221.90 | 502.08 |
| Cost Of Revenue | - | 3.43 | 2.45 | 3.88 | 20.96 |
| Gross Profit | - | 74.21 | 6.86 | 218.02 | 481.11 |
| Operating Expense | - | 542.65 | 606.30 | 795.39 | 983.18 |
| Research And Development | - | 399.46 | 455.71 | 506.46 | 451.95 |
| Selling General And Administration | - | 143.19 | 150.59 | 288.93 | 531.22 |
| Total Expenses | - | 546.08 | 608.75 | 799.27 | 1,004.14 |
| Operating Income | - | -468.44 | -599.44 | -577.37 | -502.06 |
| Total Operating Income As Reported | - | -512.20 | -607.37 | -592.97 | -523.41 |
| EBITDA | - | -397.44 | -565.47 | -436.83 | -548.83 |
| Normalized EBITDA | - | -345.46 | -557.54 | -572.96 | -506.33 |
| EBIT | - | -404.21 | -571.96 | -442.90 | -554.26 |
| Interest Income | - | 7.54 | 18.04 | 17.25 | 19.85 |
| Interest Expense | - | 80.44 | 81.29 | 99.29 | 178.24 |
| Net Interest Income | - | -72.90 | -63.25 | -82.04 | -158.39 |
| Other Non Operating Income Expenses | - | 108.67 | 17.37 | 12.27 | 43.06 |
| Other Income Expense | - | 56.68 | 9.44 | 117.22 | -72.05 |
| Interest Income Non Operating | - | 7.54 | 18.04 | 17.25 | 19.85 |
| Interest Expense Non Operating | - | 80.44 | 81.29 | 99.29 | 178.24 |
| Net Non Operating Interest Income Expense | - | -72.90 | -63.25 | -82.04 | -158.39 |
| Pretax Income | - | -484.65 | -653.25 | -542.19 | -732.50 |
| Tax Provision | - | 0 | 0 | 1.15 | 0.44 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 28.59 | -8.93 |
| Net Income Continuous Operations | - | -484.65 | -653.25 | -543.35 | -732.94 |
| Net Income From Continuing And Discontinued Operation | - | -481.18 | -643.20 | -535.76 | -724.93 |
| Net Income From Continuing Operation Net Minority Interest | - | -481.18 | -643.20 | -535.76 | -724.93 |
| Net Income | - | -481.18 | -643.20 | -535.76 | -724.93 |
| Net Income Common Stockholders | - | -481.18 | -643.20 | -535.76 | -724.93 |
| Net Income Including Noncontrolling Interests | - | -484.65 | -653.25 | -543.35 | -732.94 |
| Normalized Income | - | -429.20 | -635.28 | -643.30 | -691.35 |
| Diluted NI Availto Com Stockholders | - | -481.18 | -643.20 | -535.76 | -724.93 |
| Basic Average Shares | - | 147.47 | 162.79 | 186.08 | 191.53 |
| Diluted Average Shares | - | 147.47 | 162.79 | 186.08 | 191.53 |
| Reconciled Depreciation | - | 6.77 | 6.49 | 6.08 | 5.43 |
| Reconciled Cost Of Revenue | - | 3.43 | 2.45 | 3.88 | 20.96 |
| Total Unusual Items | - | -51.99 | -7.93 | 136.13 | -42.50 |
| Total Unusual Items Excluding Goodwill | - | -51.99 | -7.93 | 136.13 | -42.50 |
| Minority Interests | - | 3.47 | 10.05 | 7.58 | 8.01 |
| Special Income Charges | - | -43.76 | -7.93 | 136.13 | -42.50 |
| Gain On Sale Of Business | - | 0 | 0 | 178.32 | 0 |
| Other Special Charges | - | - | - | 26.59 | 21.16 |
| Write Off | - | 20.74 | 7.21 | - | - |
| Impairment Of Capital Assets | - | 12.72 | 0 | 0.27 | 0 |
| Restructuring And Mergern Acquisition | - | 31.04 | 7.93 | 15.33 | 21.35 |
| Gain On Sale Of Security | - | -8.22 | 18.30 | 8.14 | - |
| Gain On Sale Of Ppe | 35.82 | -7.50 | - | - | - |
| Earnings From Equity Interest | - | 0 | 0 | -31.18 | -72.61 |
Healthcare sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BridgeBio Pharma, Inc.this co. | BBIO | $13.2B | -18.19 | -6.32 | 34.7% | -26.38 |
| Guardant Health, Inc. | GH | $17.6B | -42.38 | -177.67 | 419.2% | -50.75 |
| Axsome Therapeutics, Inc. | AXSM | $11.9B | -65.03 | 134.91 | -207.5% | -70.25 |
| Madrigal Pharmaceuticals, Inc. | MDGL | $11.4B | -39.41 | 18.85 | -47.8% | -43.53 |
| Arrowhead Pharmaceuticals, Inc. | ARWR |
| - |
| - |
| - |
| - |
| - |
| - |
| $10.6B |
| -6491.00 |
| 22.72 |
| -0.3% |
| 65.92 |
| Cytokinetics, Incorporated | CYTK | $9.8B | - | - | 119.0% | - |
| The Ensign Group, Inc. | ENSG | $9.6B | 27.92 | 4.30 | 15.4% | 19.90 |
| ImmunityBio, Inc. | IBRX | $7.6B | -21.73 | -15.26 | 70.2% | -36.08 |
| Nuvalent, Inc. | NUVL | $7.4B | -17.46 | 5.95 | -34.1% | - |
| Peer Median | - | -39.41 | 5.95 | 7.5% | -39.80 | |