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 | 34.9% | 126.3% | - |
| 2024 | $222M | $-437M | $-536M | $-530M | 36.8% | 2285.3% | - |
| 2023 | $9M | $-565M | $-643M | $-529M | 47.9% | -88.0% | - |
| 2022 | $78M | $-397M | $-481M | $-426M | 38.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | -468.44 | -599.44 | -577.37 | -502.06 |
| EBITDA | -397.44 | -565.47 | -436.83 | -548.83 |
| EBIT | -404.21 | -571.96 | -442.90 | -554.26 |
| Pretax Income | -484.65 | -653.25 | -542.19 | -732.50 |
| Tax Provision | 0 | 0 | 1.15 | 0.43 |
| Net Income | -481.18 | -643.20 | -535.76 | -724.93 |
| Net Income Common Stockholders | -481.18 | -643.20 | -535.76 | -724.93 |
| Total Expenses | 546.09 | 608.75 | 799.27 | 1,004.14 |
| Interest Expense | 80.44 | 81.29 | 99.29 | 178.24 |
| Interest Income | 7.54 | 18.04 | 17.25 | 19.85 |
| Research And Development | 399.46 | 455.71 | 506.46 | 451.95 |
| Selling General And Administration | 143.19 | 150.59 | 288.93 | 531.23 |
| Normalized EBITDA | -345.46 | -557.54 | -572.96 | -506.33 |
| Normalized Income | -429.20 | -635.28 | -643.30 | -691.35 |
| Basic EPS | -3.26 | -3.95 | -2.88 | -3.78 |
| Diluted EPS | -3.26 | -3.95 | -2.88 | -3.78 |
| Tax Effect Of Unusual Items | 0 | 0 | 28.59 | -8.93 |
| Tax Rate For Calcs | 0 | 0 | 0.21 | 0.21 |
| Total Unusual Items | -51.99 | -7.93 | 136.13 | -42.50 |
| Total Unusual Items Excluding Goodwill | -51.99 | -7.93 | 136.13 | -42.50 |
| Net Income From Continuing Operation Net Minority Interest | -481.18 | -643.20 | -535.76 | -724.93 |
| Reconciled Depreciation | 6.77 | 6.49 | 6.08 | 5.43 |
| Reconciled Cost Of Revenue | 3.43 | 2.45 | 3.88 | 20.96 |
| Net Interest Income | -72.90 | -63.25 | -82.04 | -158.39 |
| Net Income From Continuing And Discontinued Operation | -481.18 | -643.20 | -535.76 | -724.93 |
| Total Operating Income As Reported | -512.20 | -607.37 | -592.97 | -523.41 |
| Diluted Average Shares | 147.47 | 162.79 | 186.08 | 191.53 |
| Basic Average Shares | 147.47 | 162.79 | 186.08 | 191.53 |
| Diluted NI Availto Com Stockholders | -481.18 | -643.20 | -535.76 | -724.93 |
| Minority Interests | 3.47 | 10.05 | 7.58 | 8.01 |
| Net Income Including Noncontrolling Interests | -484.65 | -653.25 | -543.35 | -732.94 |
| Net Income Continuous Operations | -484.65 | -653.25 | -543.35 | -732.94 |
| Other Income Expense | 56.68 | 9.44 | 117.22 | -72.05 |
| Other Non Operating Income Expenses | 108.67 | 17.37 | 12.27 | 43.06 |
| Special Income Charges | -43.77 | -7.93 | 136.13 | -42.50 |
| Gain On Sale Of Ppe | -7.50 | 0 | 0 | 0 |
| Gain On Sale Of Business | 0 | 0 | 178.32 | 0 |
| Other Special Charges | 0 | 0 | 26.59 | 21.16 |
| Write Off | 20.74 | 7.21 | 0 | 0 |
| Impairment Of Capital Assets | 12.72 | 0 | 0.27 | 0 |
| Restructuring And Mergern Acquisition | 31.05 | 7.93 | 15.33 | 21.35 |
| Earnings From Equity Interest | 0 | 0 | -31.18 | -72.61 |
| Gain On Sale Of Security | -8.22 | 18.30 | 8.14 | 0 |
| Net Non Operating Interest Income Expense | -72.90 | -63.25 | -82.04 | -158.39 |
| Interest Expense Non Operating | 80.44 | 81.29 | 99.29 | 178.24 |
| Interest Income Non Operating | 7.54 | 18.04 | 17.25 | 19.85 |
| Operating Revenue | 77.65 | 9.30 | 221.90 | 502.08 |
Healthcare sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BridgeBio Pharma, Inc.this co. | BBIO | $13.8B | - | -6.62 | 34.9% | -30.28 |
| Madrigal Pharmaceuticals, Inc. | MDGL | $12.0B | - | 19.65 | -47.8% | -37.71 |
| Guardant Health, Inc. | GH | $11.1B | - | -109.75 | 419.2% | -28.87 |
| The Ensign Group, Inc. | ENSG | $10.9B | 31.92 | 4.82 | 15.4% | 23.43 |
| Axsome Therapeutics, Inc. | AXSM | $9.5B |
| - |
| 106.02 |
| -207.5% |
| -58.09 |
| Praxis Precision Medicines, Inc. | PRAX | $9.0B | - | 9.27 | -34.5% | -25.77 |
| Vaxcyte, Inc. | PCVX | $8.3B | - | 2.80 | -28.5% | -7.50 |
| Nuvalent, Inc. | NUVL | $7.8B | - | 6.21 | -34.1% | - |
| Cytokinetics, Incorporated | CYTK | $7.4B | - | -11.11 | 119.0% | -13.11 |
| Peer Median | - | 31.92 | 5.51 | -31.3% | -25.77 | |