Financial Snapshot

Revenue
$106.4M
TTM
Gross Margin
80.54%
TTM
Net Earnings
-$337.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1001.53%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$551.8M
Q3 2024
Cash
Q3 2024
P/E
-1.017
Nov 29, 2024 EST
Free Cash Flow
-$320.0M
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
Revenue $86.46M $7.686M $6.308M $1.114B $6.868M $90.27M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 1024.84% 21.85% -99.43% 16123.06% -92.39%

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
Revenue $86.46M $7.686M $6.308M $1.114B $6.868M $90.27M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $2.159M $813.0K $553.0K $600.0K $400.0K
Gross Profit $84.30M $6.873M $5.755M $1.114B $6.500M
Gross Profit Margin 97.5% 89.42% 91.23% 99.95% 94.64%

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
Selling, General & Admin $274.5M $227.7M $183.5M $197.0M $345.8M $201.4M $62.90M $39.40M $25.30M $9.700M $3.900M $2.400M
YoY Change 20.56% 24.09% -6.83% -43.04% 71.68% 220.2% 59.64% 55.73% 160.82% 148.72% 62.5%
% of Gross Profit 325.67% 3312.95% 3188.5% 17.69% 5319.65%
Research & Development $356.2M $326.2M $283.2M $292.7M $368.8M $282.1M $210.3M $120.8M $69.36M $24.10M $14.36M $7.229M
YoY Change 9.22% 15.18% -3.26% -20.63% 30.74% 34.16% 74.13% 74.11% 187.79% 67.86% 98.6%
% of Gross Profit 422.6% 4745.57% 4920.35% 26.29% 5674.08%
Depreciation & Amortization $1.400M $1.100M $4.200M $2.600M $2.300M $1.100M $500.0K $300.0K $100.0K $100.0K $47.00K $44.00K
YoY Change 27.27% -73.81% 61.54% 13.04% 109.09% 120.0% 66.67% 200.0% 0.0% 112.77% 6.82%
% of Gross Profit 1.66% 16.0% 72.98% 0.23% 35.38%
Operating Expenses $666.3M $554.7M $466.7M $518.0M $715.0M $483.5M $273.2M $160.2M $94.65M $33.81M $18.28M $9.631M
YoY Change 20.13% 18.86% -9.91% -27.56% 47.88% 77.01% 70.55% 69.22% 179.95% 84.97% 89.79%
Operating Profit -$579.8M -$547.0M -$460.9M $596.2M -$708.1M -$393.2M -$273.2M -$94.65M -$33.81M -$18.28M -$9.631M
YoY Change 6.01% 18.68% -177.3% -184.2% 80.08% 43.96% 179.95% 84.97% 89.79%

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
Interest Expense $38.74M $14.19M $2.883M $9.597M $27.80M $20.33M $3.099M $1.200M $178.0K $8.000K $1.000K $0.00
YoY Change 173.03% 392.2% -69.96% -65.48% 36.74% 556.15% 158.25% 574.16% 2125.0% 700.0%
% of Operating Profit 1.61%
Other Income/Expense, Net -$383.0K $15.00K $134.0K $250.0K $82.00K $22.00K -$64.00K $0.00 -$23.00K -$9.000K -$3.000K -$1.000K
YoY Change -2653.33% -88.81% -46.4% 204.88% 272.73% -134.38% -100.0% 155.56% 200.0% 200.0%

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
Pretax Income -$541.5M -$532.8M -$457.9M $606.1M -$680.2M -$296.0M -$270.1M -$159.0M -$94.50M -$33.80M -$18.30M -$9.600M
YoY Change 1.63% 16.36% -175.55% -189.1% 129.78% 9.6% 69.87% 68.25% 179.59% 84.7% 90.63%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$541.5M -$532.8M -$457.9M $606.1M -$680.2M -$372.9M -$270.1M -$159.0M -$94.50M -$33.81M -$18.28M -$9.632M
YoY Change 1.63% 16.36% -175.55% -189.1% 82.43% 38.04% 69.9% 68.25% 179.48% 84.95% 89.79%
Net Earnings / Revenue -626.32% -6931.88% -7258.91% 54.4% -9904.46% -413.06%
Basic Earnings Per Share -$9.05 -$8.98 -$7.80 $11.66 -$13.38 -$8.08
Diluted Earnings Per Share -$9.05 -$8.98 -$7.80 $11.43 -$13.38 -$8.08 -$7.089M -$4.746M -$3.399M -$1.565M -$762.5K -$400.0K

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
Cash & Short-Term Investments $753.2M $1.272B $1.742B $2.100B $1.008B $922.8M $518.8M $397.5M $186.8M $127.8M $8.100M $2.800M
YoY Change -40.81% -26.96% -17.01% 108.2% 9.28% 77.87% 30.52% 112.79% 46.17% 1477.78% 189.29%
Cash & Equivalents $70.99M $162.7M $294.2M $1.661B $126.7M $190.9M $306.2M $168.5M $186.8M $127.8M $8.100M $2.800M
Short-Term Investments $682.2M $1.110B $1.448B $438.5M $881.7M $731.8M $212.6M $229.0M
Other Short-Term Assets $26.06M $50.83M $39.84M $22.80M $26.70M $21.90M $6.200M $5.100M $1.700M $1.100M $300.0K $0.00
YoY Change -48.73% 27.57% 74.74% -14.61% 21.92% 253.23% 21.57% 200.0% 54.55% 266.67%
Inventory $1.500M
Prepaid Expenses
Receivables $88.61M $13.66M $18.51M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $869.4M $1.337B $1.801B $2.122B $1.035B $944.7M $525.1M $402.6M $188.5M $128.8M $8.400M $2.800M
YoY Change -34.98% -25.75% -15.16% 105.04% 9.57% 79.91% 30.43% 113.58% 46.35% 1433.33% 200.0%
Property, Plant & Equipment $6.379M $13.43M $19.13M $31.80M $42.90M $5.600M $4.000M $1.400M $300.0K $200.0K $100.0K $100.0K
YoY Change -52.5% -29.78% -39.86% -25.87% 666.07% 40.0% 185.71% 366.67% 50.0% 100.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.548M $6.039M $5.520M $5.100M $6.200M $2.400M $800.0K $600.0K $200.0K $700.0K $0.00 $0.00
YoY Change 8.43% 9.4% 8.24% -17.74% 158.33% 200.0% 33.33% 200.0% -71.43%
Total Long-Term Assets $12.93M $19.47M $24.65M $36.80M $49.10M $8.000M $4.800M $1.900M $500.0K $900.0K $100.0K $200.0K
YoY Change -33.6% -21.0% -33.03% -25.05% 513.75% 66.67% 152.63% 280.0% -44.44% 800.0% -50.0%
Total Assets $882.3M $1.356B $1.825B $2.159B $1.084B $952.7M $529.9M $404.5M $189.0M $129.7M $8.500M $3.000M
YoY Change
Accounts Payable $10.32M $18.95M $10.45M $3.700M $15.30M $34.00M $9.400M $12.80M $5.200M $2.400M $2.000M $1.300M
YoY Change -45.55% 81.34% 182.43% -75.82% -55.0% 261.7% -26.56% 146.15% 116.67% 20.0% 53.85%
Accrued Expenses $63.84M $37.57M $26.70M $23.90M $33.20M $19.90M $16.00M $6.100M $2.700M $1.300M $100.0K $0.00
YoY Change 69.91% 40.7% 11.73% -28.01% 66.83% 24.38% 162.3% 125.93% 107.69% 1200.0%
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
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $82.75M $99.26M $85.19M $67.20M $112.1M $86.00M $52.00M $35.20M $15.30M $7.800M $2.300M $1.400M
YoY Change -16.64% 16.51% 26.78% -40.05% 30.35% 65.38% 47.73% 130.07% 96.15% 239.13% 64.29%
Long-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
YoY Change
Other Long-Term Liabilities $0.00 $4.591M $11.06M $19.70M $27.40M $3.700M $2.500M $800.0K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -58.51% -43.84% -28.1% 640.54% 48.0% 212.5%
Total Long-Term Liabilities $0.00 $4.591M $11.06M $19.70M $27.40M $3.700M $2.500M $800.0K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -58.51% -43.84% -28.1% 640.54% 48.0% 212.5%
Total Liabilities $82.75M $103.9M $96.26M $86.90M $139.5M $89.70M $54.50M $36.00M $15.30M $7.800M $2.400M $1.400M
YoY Change -20.32% 7.89% 10.77% -37.71% 55.52% 64.59% 51.39% 135.29% 96.15% 225.0% 71.43%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $343.18 Million

About Sage Therapeutics, Inc.

SAGE Therapeutics, Inc. is a biopharmaceutical company, which engages in providing solutions to brain health medicines. The company is headquartered in Cambridge, Massachusetts and currently employs 487 full-time employees. The company went IPO on 2014-07-18. The firm has developed the two FDA-approved treatments indicated for postpartum depression and is advancing a robust pipeline to target unmet needs in brain health. The firm is targeting diseases and disorders of the brain across its clinical development and earlier stage pipeline. Its product ZURZUVAE is for the treatment of postpartum depression (PPD) in adults. ZURZUVAE is a neuroactive steroid that is a positive allosteric modulator of GABA receptors, targeting both synaptic and extra synaptic GABA receptors. Its product ZULRESSO (brexanolone) CIV injection is for the treatment of PPD in individuals 15 years old and older. The company is also developing a portfolio of other novel compounds that target GABA receptors, including SAGE-324, which is a novel GABAA receptor positive allosteric modulator intended for chronic oral dosing. Its second area of focus for development is novel compounds that target the NMDA receptor.

Industry: Pharmaceutical Preparations Peers: ACADIA PHARMACEUTICALS INC BIOCRYST PHARMACEUTICALS INC EQRx, Inc. FATE THERAPEUTICS INC INSMED Inc Prometheus Biosciences, Inc. Relay Therapeutics, Inc. PROKIDNEY CORP. Vir Biotechnology, Inc.