Financial Snapshot

Revenue
$343.0M
TTM
Gross Margin
77.24%
TTM
Net Earnings
-$864.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
636.54%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$483.4M
Q3 2024
Cash
Q3 2024
P/E
-15.60
Nov 29, 2024 EST
Free Cash Flow
-$451.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $305.2M $245.4M $188.5M $164.4M $136.5M $9.835M $0.00 $0.00 $0.00 $0.00 $11.50M $0.00 $4.417M $6.900M $10.40M $11.70M $7.600M $1.000M $100.0K $100.0K $200.0K $2.000M $300.0K $100.0K $0.00 $0.00
YoY Change 24.39% 30.19% 14.63% 20.48% 1287.56% -100.0% -100.0% -35.99% -33.65% -11.11% 53.95% 660.0% 900.0% 0.0% -50.0% -90.0% 566.67% 200.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $305.2M $245.4M $188.5M $164.4M $136.5M $9.835M $0.00 $0.00 $0.00 $0.00 $11.50M $0.00 $4.417M $6.900M $10.40M $11.70M $7.600M $1.000M $100.0K $100.0K $200.0K $2.000M $300.0K $100.0K $0.00 $0.00
Cost Of Revenue $65.57M $55.13M $44.15M $39.87M $24.21M $2.423M $0.00 $0.00 $0.00 $0.00 $600.0K $1.500M $0.00 $0.00
Gross Profit $239.6M $190.2M $144.3M $124.5M $112.3M $7.412M $0.00 $0.00 $10.40M $11.70M $7.000M -$500.0K $100.0K $100.0K
Gross Profit Margin 78.52% 77.53% 76.57% 75.75% 82.26% 75.36% 100.0% 100.0% 92.11% -50.0% 100.0% 100.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Selling, General & Admin $344.5M $265.8M $234.3M $203.6M $210.8M $168.2M $79.20M $50.70M $43.20M $31.10M $22.20M $12.70M $11.50M $10.30M $9.800M $5.100M $8.200M $25.70M $5.700M $4.200M $3.600M $3.000M $5.000M $9.600M $2.500M $1.600M
YoY Change 29.62% 13.45% 15.07% -3.42% 25.33% 112.37% 56.21% 17.36% 38.91% 40.09% 74.8% 10.43% 11.65% 5.1% 92.16% -37.8% -68.09% 350.88% 35.71% 16.67% 20.0% -40.0% -47.92% 284.0% 56.25% 60.0%
% of Gross Profit 143.76% 139.72% 162.34% 163.48% 187.79% 2269.29% 94.23% 43.59% 117.14% 5700.0% 4200.0%
Research & Development $571.0M $397.5M $272.7M $181.2M $131.7M $145.3M $109.7M $122.7M $74.28M $56.30M $44.28M $29.78M $28.62M $4.700M $9.200M $21.00M $19.20M $21.10M $21.80M $23.30M $7.100M $18.10M $35.50M $21.60M $5.700M $3.700M
YoY Change 43.64% 45.75% 50.56% 37.54% -9.34% 32.38% -10.57% 65.22% 31.93% 27.15% 48.68% 4.05% 509.0% -48.91% -56.19% 9.38% -9.0% -3.21% -6.44% 228.17% -60.77% -49.01% 64.35% 278.95% 54.05% 42.31%
% of Gross Profit 238.28% 208.96% 189.0% 145.46% 117.33% 1960.11% 88.46% 179.49% 274.29% 21800.0% 23300.0%
Depreciation & Amortization $5.500M $5.300M $9.100M $9.100M $5.200M $3.600M $2.900M $2.400M $1.982M $1.070M $680.0K $561.0K $343.0K $50.00K $710.0K $1.040M $410.0K $3.370M $12.90M $30.00K $100.0K $350.0K $1.550M $790.0K $90.00K $80.00K
YoY Change 3.77% -41.76% 0.0% 75.0% 44.44% 24.14% 20.83% 21.09% 85.23% 57.35% 21.21% 63.56% 586.0% -92.96% -31.73% 153.66% -87.83% -73.88% 42900.0% -70.0% -71.43% -77.42% 96.2% 777.78% 12.5% 33.33%
% of Gross Profit 2.3% 2.79% 6.31% 7.31% 4.63% 48.57% 6.83% 8.89% 5.86% 12900.0% 30.0%
Operating Expenses $571.0M $397.5M $272.7M $181.2M $131.7M $145.3M $188.9M $173.4M $117.5M $87.40M $66.52M $42.44M $66.14M $15.00M $19.00M $26.10M $27.40M $46.80M $27.60M $27.50M $10.70M $21.10M $40.50M $31.20M $8.100M $5.300M
YoY Change 43.64% 45.75% 50.56% 37.54% -9.34% -23.1% 8.95% 47.58% 34.43% 31.4% 56.73% -35.83% 340.91% -21.05% -27.2% -4.74% -41.45% 69.57% 0.36% 157.01% -49.29% -47.9% 29.81% 285.19% 52.83% 47.22%
Operating Profit -$709.6M -$457.3M -$375.1M -$265.2M -$235.2M -$307.3M -$188.9M -$173.4M -$117.5M -$55.02M -$42.44M -$61.72M -$8.600M -$14.40M -$20.40M -$47.30M -$27.50M -$27.40M
YoY Change 55.17% 21.92% 41.42% 12.75% -23.46% 62.68% 8.95% 47.58% 29.64% -31.24% -40.28% -29.41% -56.87% 72.0% 0.36%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Interest Expense $81.69M $26.45M $40.47M $29.56M $27.71M $25.47M $5.925M $3.498M $2.889M -$2.400M $2.412M $763.0K $10.00K $1.700M $0.00 -$1.300M $500.0K -$1.800M -$13.50M $200.0K $300.0K $600.0K $3.000M $1.900M $300.0K $500.0K
YoY Change 208.91% -34.66% 36.9% 6.71% 8.77% 329.91% 69.38% 21.08% -220.38% -199.5% 216.12% 7530.0% -99.41% -100.0% -360.0% -127.78% -86.67% -6850.0% -33.33% -50.0% -80.0% 57.89% 533.33% -40.0% 400.0%
% of Operating Profit
Other Income/Expense, Net $1.856M -$5.939M -$3.330M $405.0K -$531.0K $602.0K $300.0K $119.0K -$33.00K $100.0K -$33.00K $5.000K $1.000K $0.00 $127.5M $0.00 $0.00
YoY Change -131.25% 78.35% -922.22% -176.27% -188.21% 100.67% 152.1% -460.61% -133.0% -403.03% -760.0% 400.0% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Pretax Income -$747.0M -$480.2M -$436.4M -$292.7M -$253.6M -$324.1M -$192.9M -$176.2M -$120.2M -$89.60M -$57.29M -$41.37M -$59.66M -$6.400M $118.8M -$15.70M -$20.00M -$56.10M -$40.90M -$27.20M -$10.30M -$36.40M -$37.20M -$79.70M -$7.800M -$4.800M
YoY Change 55.58% 10.02% 49.1% 15.43% -21.76% 67.98% 9.51% 46.62% 34.1% 56.39% 38.48% -30.66% 832.25% -105.39% -856.69% -21.5% -64.35% 37.16% 50.37% 164.08% -71.7% -2.15% -53.32% 921.79% 62.5% 37.14%
Income Tax $2.555M $1.383M -$1.758M $1.402M $777.0K $201.0K -$272.0K $98.00K -$1.971M -$10.40M -$1.221M $0.00 $0.00 $100.0K $500.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $0.00 $0.00
% Of Pretax Income 0.42%
Net Earnings -$749.6M -$481.5M -$434.7M -$294.1M -$254.3M -$324.3M -$192.6M -$176.3M -$118.2M -$79.20M -$56.07M -$41.37M -$59.66M -$6.400M $118.4M -$15.70M -$20.00M -$56.10M -$40.90M -$27.20M -$10.30M -$36.40M -$37.20M -$79.90M -$7.800M -$4.800M
YoY Change 55.66% 10.79% 47.8% 15.63% -21.57% 68.33% 9.29% 49.15% 49.22% 41.24% 35.53% -30.66% 832.25% -105.41% -854.14% -21.5% -64.35% 37.16% 50.37% 164.08% -71.7% -2.15% -53.44% 924.36% 62.5% 37.14%
Net Earnings / Revenue -245.59% -196.26% -230.63% -178.87% -186.37% -3297.17% -487.59% -1350.78% -92.75% 1138.46% -134.19% -263.16% -5610.0% -40900.0% -27200.0% -5150.0% -1820.0% -12400.0% -79900.0%
Basic Earnings Per Share -$5.34 -$3.91 -$3.88 -$3.01 -$3.01
Diluted Earnings Per Share -$5.34 -$3.91 -$3.88 -$3.01 -$3.01 -$4.217M -$2.892M -$2.848M -$2.017M -$1.838M -$1.603M -$1.562M -$2.562M -$48.30K $9.323M -$1.287M -$1.739M -$5.905M -$8.347M -$6.974M -$2.861M -$11.03M -$11.27M -$44.39M -$26.00M -$16.00M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Cash & Short-Term Investments $780.4M $1.148B $716.8M $532.8M $487.4M $495.1M $381.2M $162.6M $282.9M $159.2M $113.9M $92.90M $76.30M $108.0M $122.2M $2.400M $16.50M $24.10M $18.80M $9.200M $29.50M $27.30M $51.30M $83.10M $4.600M $11.70M
YoY Change -32.03% 60.2% 34.53% 9.31% -1.56% 29.88% 134.44% -42.52% 77.7% 39.77% 22.6% 21.76% -29.35% -11.62% 4991.67% -85.45% -31.54% 28.19% 104.35% -68.81% 8.06% -46.78% -38.27% 1706.52% -60.68%
Cash & Equivalents $482.4M $1.074B $716.8M $532.8M $487.4M $495.1M $381.2M $162.6M $282.9M $159.2M $113.9M $92.90M $14.80M $10.70M $12.70M $2.100M $16.50M $24.10M $18.80M $9.200M $29.50M $27.30M $51.30M $71.60M $300.0K $11.70M
Short-Term Investments $298.1M $74.24M $0.00 $61.40M $97.30M $109.4M $300.0K $0.00 $11.50M $4.300M $0.00
Other Short-Term Assets $24.18M $25.47M $28.90M $24.00M $20.20M $11.30M $8.300M $5.800M $5.200M $5.500M $2.300M $600.0K $400.0K $300.0K $200.0K $100.0K $200.0K $500.0K $400.0K $500.0K $200.0K $600.0K $300.0K $300.0K $0.00 $0.00
YoY Change -5.06% -11.87% 20.41% 18.81% 78.76% 36.14% 43.1% 11.54% -5.45% 139.13% 283.33% 50.0% 33.33% 50.0% 100.0% -50.0% -60.0% 25.0% -20.0% 150.0% -66.67% 100.0% 0.0%
Inventory $83.25M $69.92M $67.01M $49.60M $28.30M $7.000M $0.00 $600.0K $0.00
Prepaid Expenses
Receivables $41.19M $29.71M $24.35M $16.60M $19.20M $5.500M $0.00 $800.0K $500.0K $200.0K $100.0K $300.0K $200.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.100M $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $929.1M $1.273B $837.0M $622.9M $555.2M $518.9M $389.4M $168.4M $288.1M $164.7M $116.2M $93.60M $77.40M $108.8M $124.6M $2.600M $17.00M $25.40M $19.20M $9.700M $29.80M $28.20M $55.00M $84.60M $4.700M $11.70M
YoY Change -27.04% 52.13% 34.38% 12.19% 7.0% 33.26% 131.24% -41.55% 74.92% 41.74% 24.15% 20.93% -28.86% -12.68% 4692.31% -84.71% -33.07% 32.29% 97.94% -67.45% 5.67% -48.73% -34.99% 1700.0% -59.83%
Property, Plant & Equipment $104.4M $102.1M $95.52M $97.20M $113.1M $22.60M $12.40M $10.00M $8.100M $7.500M $1.800M $1.700M $1.900M $1.100M $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $200.0K $1.200M $1.600M $200.0K $200.0K
YoY Change 2.26% 6.87% -1.73% -14.06% 400.44% 82.26% 24.0% 23.46% 8.0% 316.67% 5.88% -10.53% 72.73% -100.0% -50.0% -83.33% -25.0% 700.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $50.04M $0.00 $2.100M $2.200M $2.100M $0.00 $300.0K $0.00
YoY Change -100.0% -100.0% -4.55% 4.76% -100.0%
Other Assets $96.57M $76.10M $50.99M $26.80M $20.30M $4.300M $2.000M $1.300M $2.100M $400.0K $300.0K $100.0K $200.0K $0.00 $0.00 $2.200M $2.300M $2.900M $3.700M $3.300M $0.00 $0.00 $300.0K $400.0K $0.00
YoY Change 26.9% 49.25% 90.26% 32.02% 372.09% 115.0% 53.85% -38.1% 425.0% 33.33% 200.0% -50.0% -100.0% -4.35% -20.69% -21.62% 12.12% -100.0% -25.0%
Total Long-Term Assets $400.8M $383.1M $406.5M $173.3M $187.1M $85.70M $72.60M $69.60M $68.50M $66.20M $60.30M $60.00M $62.40M $87.50M $2.100M $2.200M $2.500M $2.900M $3.700M $3.300M $0.00 $100.0K $16.60M $18.10M $600.0K $200.0K
YoY Change 4.63% -5.76% 134.55% -7.38% 118.32% 18.04% 4.31% 1.61% 3.47% 9.78% 0.5% -3.85% -28.69% 4066.67% -4.55% -12.0% -13.79% -21.62% 12.12% -100.0% -99.4% -8.29% 2916.67% 200.0%
Total Assets $1.330B $1.656B $1.244B $796.2M $742.3M $604.6M $462.0M $238.0M $356.6M $230.9M $176.5M $153.6M $139.8M $196.3M $126.7M $4.800M $19.50M $28.30M $22.90M $13.00M $29.80M $28.30M $71.60M $102.7M $5.300M $11.90M
YoY Change
Accounts Payable $68.74M $52.61M $35.78M $42.90M $13.20M $17.70M $14.70M $10.40M $7.500M $9.200M $5.900M $7.100M $2.300M $1.500M $300.0K $1.300M $900.0K $7.200M $1.000M $2.600M $700.0K $900.0K $4.400M $2.600M $700.0K $200.0K
YoY Change 30.66% 47.02% -16.59% 225.0% -25.42% 20.41% 41.35% 38.67% -18.48% 55.93% -16.9% 208.7% 53.33% 400.0% -76.92% 44.44% -87.5% 620.0% -61.54% 271.43% -22.22% -79.55% 69.23% 271.43% 250.0%
Accrued Expenses $154.3M $136.4M $98.77M $74.90M $70.60M $60.50M $29.30M $16.80M $11.00M $10.00M $7.100M $5.400M $1.900M $1.300M $1.700M $1.400M $1.200M $2.400M $3.600M $2.100M $2.000M $2.600M $5.700M $1.400M $100.0K
YoY Change 13.09% 38.11% 31.87% 6.09% 16.69% 106.48% 74.4% 52.73% 10.0% 40.85% 31.48% 184.21% 46.15% -23.53% 21.43% 16.67% -50.0% -33.33% 71.43% 5.0% -23.08% -54.39% 307.14% 1300.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.610M $1.217M $609.0K $1.100M $1.200M $0.00 $3.100M $0.00 $3.300M $3.100M $100.0K $100.0K $200.0K $1.600M $1.300M $0.00
YoY Change 114.46% 99.84% -44.64% -8.33% -100.0% -100.0% 6.45% 3000.0% 0.0% -50.0% -87.5% 23.08%
Total Short-Term Liabilities $225.6M $190.2M $135.2M $118.8M $85.20M $79.70M $44.70M $28.00M $22.30M $19.60M $16.50M $15.70M $4.500M $3.300M $2.800M $4.900M $3.700M $9.700M $4.900M $5.000M $2.900M $3.900M $10.30M $4.100M $800.0K $300.0K
YoY Change 18.6% 40.75% 13.78% 39.44% 6.9% 78.3% 59.64% 25.56% 13.78% 18.79% 5.1% 248.89% 36.36% 17.86% -42.86% 32.43% -61.86% 97.96% -2.0% 72.41% -25.64% -62.14% 151.22% 412.5% 166.67%
Long-Term Debt $1.182B $1.155B $580.7M $371.0M $355.5M $316.6M $55.60M $54.80M $22.00M $24.90M $16.30M $16.30M $200.0K $100.0K $0.00 $500.0K $2.100M $3.200M $6.400M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 2.38% 98.88% 56.52% 4.36% 12.29% 469.42% 1.46% 149.09% -11.65% 52.76% 0.0% 8050.0% 100.0% -100.0% -76.19% -34.38% -50.0%
Other Long-Term Liabilities $253.8M $223.4M $117.2M $30.40M $39.90M $0.00 $800.0K $700.0K $600.0K $100.0K $400.0K $600.0K $900.0K $0.00 $2.200M $2.200M $1.600M $1.000M $700.0K $600.0K $1.000M $1.700M $1.800M $0.00
YoY Change 13.63% 90.6% 285.47% -23.81% -100.0% 14.29% 16.67% 500.0% -75.0% -33.33% -33.33% -100.0% 0.0% 37.5% 60.0% 42.86% 16.67% -40.0% -41.18% -5.56%
Total Long-Term Liabilities $1.436B $1.378B $697.9M $401.4M $395.4M $316.6M $56.40M $55.50M $22.60M $25.00M $16.70M $16.90M $1.100M $100.0K $0.00 $2.700M $4.300M $4.800M $7.400M $700.0K $600.0K $1.000M $1.700M $1.800M $0.00 $0.00
YoY Change 4.2% 97.49% 73.86% 1.52% 24.89% 461.35% 1.62% 145.58% -9.6% 49.7% -1.18% 1436.36% 1000.0% -100.0% -37.21% -10.42% -35.14% 957.14% 16.67% -40.0% -41.18% -5.56%
Total Liabilities $1.662B $1.568B $833.0M $520.3M $480.6M $396.3M $101.0M $83.50M $44.90M $44.60M $33.20M $32.70M $5.600M $3.400M $2.800M $7.600M $8.000M $14.50M $12.30M $5.800M $3.600M $4.900M $11.90M $5.900M $800.0K $300.0K
YoY Change 5.95% 88.28% 60.11% 8.26% 21.27% 292.38% 20.96% 85.97% 0.67% 34.34% 1.53% 483.93% 64.71% 21.43% -63.16% -5.0% -44.83% 17.89% 112.07% 61.11% -26.53% -58.82% 101.69% 637.5% 166.67%

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Market Cap: $13.482 Billion

About INSMED Inc

Insmed, Inc. is a global biopharmaceutical company, which engages in the development and commercialization of therapies for patients with rare diseases. The company is headquartered in Bridgewater, New Jersey and currently employs 912 full-time employees. The firm's first commercial product, ARIKAYCE (amikacin liposome inhalation suspension), is used for the treatment of Mycobacterium avium complex (MAC) lung disease as part of a combination antibacterial drug regimen for adult patients with limited or no alternative treatment options. Its pipeline includes clinical-stage programs, brensocatib and TPIP, as well as other early-stage research programs. Brensocatib is a small molecule, oral, reversible inhibitor of dipeptidyl peptidase 1 (DPP1), which is developing for the treatment of patients with bronchiectasis and other neutrophil-mediated diseases, including chronic rhinosinusitis without nasal polyps (CRSsNP). TPIP is an inhaled formulation of the treprostinil prodrug treprostinil palmitil, which offers a differentiated product profile for pulmonary hypertension associated with interstitial lung disease (PH-ILD) and pulmonary arterial hypertension (PAH).

Industry: Pharmaceutical Preparations Peers: ACADIA PHARMACEUTICALS INC AMICUS THERAPEUTICS, INC. ARROWHEAD PHARMACEUTICALS, INC. BIOCRYST PHARMACEUTICALS INC Denali Therapeutics Inc. Relay Therapeutics, Inc. Sage Therapeutics, Inc. Ultragenyx Pharmaceutical Inc. Vir Biotechnology, Inc.