Sarepta Therapeutics, Inc. (SRPT) Financial Statements (2024 and earlier)

Company Profile

Business Address 215 FIRST STREET
CAMBRIDGE, MA 02142
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:2,008,4002,125,8001,947,8001,134,4001,174,9001,089,900
Cash and cash equivalents966,7772,115,8691,502,648835,080370,829599,691
Short-term investments1,022,597 435,923289,668803,083479,369
Other undisclosed cash, cash equivalents, and short-term investments19,0269,9319,2299,65298810,840
Receivables214,628152,990101,34090,87949,04429,468
Inventory, net of allowances, customer advances and progress billings203,968186,212231,961171,379125,44583,605
Inventory203,968186,212231,961171,379125,44583,605
Other current assets149,891149,028213,32481,90777,78236,511
Other undisclosed current assets(19,026)(9,931)(9,229)(9,652)(988)(10,840)
Total current assets:2,557,8612,604,0992,485,1961,468,9131,426,1831,228,644
Noncurrent Assets
Inventory, Noncurrent      
Operating lease, right-of-use asset64,95445,53191,76137,933
Property, plant and equipment180,037191,156190,430129,62097,02443,156
Long-term investments and receivables      10,000
Long-term investments      10,000
Intangible assets, net (including goodwill) 7,57814,23913,62812,49711,57414,355
Intangible assets, net (excluding goodwill) 7,57814,23913,62812,49711,57414,355
Prepaid expense     7,5417,488
Regulated entity, other noncurrent assets      918
Deposits noncurrent assets     62,821 
Restricted cash and investments     1,001784
Other noncurrent assets317,936292,949203,703173,859  
Other undisclosed noncurrent assets     35,9312,619
Total noncurrent assets:570,505543,875499,522353,909215,89279,320
TOTAL ASSETS:3,128,3663,147,9742,984,7181,822,8221,642,0751,307,964
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities514,871348,438304,643253,621167,92477,449
Accounts payable95,87576,741111,09068,09433,8298,467
Accrued liabilities418,996271,697193,553185,527134,09568,982
Deferred revenue89,24489,24489,244 
Debt      6,175
Deferred revenue and credits3,316
Contract with customer, liability3,303
Other liabilities15,48915,05122,13911,1462,4631,392
Total current liabilities:619,604452,733416,026264,767173,69088,332
Noncurrent Liabilities
Long-term debt and lease obligation1,544,2921,138,3881,072,860729,620420,554424,876
Long-term debt, excluding current maturities1,544,2921,096,876992,493681,900420,554424,876
Liabilities, other than long-term debt542,620585,244683,27310,24815,5555,539
Deferred revenue485,000574,244663,488 
Other liabilities 4211,00019,78510,24815,5555,539
Operating lease, liability57,57841,51280,36747,720
Other undisclosed noncurrent liabilities36,90043,60050,800   
Total noncurrent liabilities:2,123,8121,767,2321,806,933739,868436,109430,415
Total liabilities:2,743,4162,219,9652,222,9591,004,635609,799518,747
Equity
Equity, attributable to parent, including:384,950928,009761,759818,1871,032,276789,217
Common stock998876
Additional paid in capital4,296,8414,134,7683,609,8773,112,1302,611,2942,006,598
Accumulated other comprehensive income (loss)(1,664)20350(99)(379)
Accumulated deficit(3,910,236)(3,206,748)(2,848,129)(2,294,001)(1,578,926)(1,217,008)
Other undisclosed equity, attributable to parent  (40)    
Total equity:384,950928,009761,759818,1871,032,276789,217
TOTAL LIABILITIES AND EQUITY:3,128,3663,147,9742,984,7181,822,8221,642,0751,307,964

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues933,013701,887540,099380,833301,034154,584
Revenue, net154,584
Cost of revenue(126,644)(204,561)(171,451)(66,586)(30,255)(31,955)
Gross profit:806,369497,326368,648314,247270,779122,629
Operating expenses(1,342,570)(957,036)(932,811)(1,019,810)(614,407)(294,267)
Operating loss:(536,201)(459,710)(564,163)(705,563)(343,628)(171,638)
Nonoperating income (expense)(153,762)40,76211,098(8,317)(18,982)123,010
Investment income, nonoperating 3542,9707,2386,8101,809
Other nonoperating income (expense)(35,021)(936)517(236)(656)(1,990)
Interest and debt expense(125,441)(63,525)(59,947)(30,669)(2,322)(5,781)
Loss from continuing operations before equity method investments, income taxes:(815,404)(482,473)(613,012)(744,549)(364,932)(54,409)
Other undisclosed income from continuing operations before income taxes125,44163,52559,94730,6692,3225,781
Loss from continuing operations before income taxes:(689,963)(418,948)(553,065)(713,880)(362,610)(48,628)
Income tax expense (benefit)(13,525)168(1,063)(1,195)692(2,060)
Loss from continuing operations:(703,488)(418,780)(554,128)(715,075)(361,918)(50,688)
Loss before gain (loss) on sale of properties:(418,780)(554,128)(715,075)(361,918)(50,688)
Net loss available to common stockholders, diluted:(703,488)(418,780)(554,128)(715,075)(361,918)(50,688)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(703,488)(418,780)(554,128)(715,075)(361,918)(50,688)
Other comprehensive income (loss)(1,644)(23)(47)149280(259)
Comprehensive loss, net of tax, attributable to parent:(705,132)(418,803)(554,175)(714,926)(361,638)(50,947)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: