Theravance Biopharma, Inc. (TBPH) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
UGLAND HOUSE, SOUTH CHURCH STREET GEORGE TOWN, GRAND CAYMAN, CA KY1-1104 |
| State of Incorp. | CA |
| 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)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 88,350 | 102,426 | 327,484 | 173,465 | 292,941 | 280,831 | |||
| Cash and cash equivalent | 37,797 | 39,545 | 298,172 | 89,959 | 81,467 | 58,064 | |||
| Short-term investments | 50,553 | 62,881 | 29,312 | 83,506 | 211,474 | 222,767 | |||
| Receivables | 43,534 | 53,799 | 28,574 | ||||||
| Prepaid expense | 4,204 | 11,603 | 7,682 | 8,561 | 10,359 | 7,087 | |||
| Other undisclosed current assets | 68,513 | 19,512 | 18,298 | 24,310 | 36,242 | 21,996 | |||
| Total current assets: | 161,067 | 133,541 | 353,464 | 249,870 | 393,341 | 338,488 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 28,354 | 36,287 | 40,126 | 39,690 | 43,260 | 46,604 | |||
| Nontrade receivables | 3,682 | ||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 7,418 | 9,068 | 11,875 | 13,657 | 16,422 | 12,644 | |||
| Long-term investments and receivables | 67,537 | 12,750 | 4,985 | ||||||
| Long-term investments | 67,537 | 12,750 | 4,985 | ||||||
| Derivative instruments and hedges | 2,292 | ||||||||
| Restricted cash and investments | 836 | 836 | 836 | 837 | 833 | 800 | |||
| Other noncurrent assets | 12,286 | 8,067 | 6,899 | 3,228 | 2,451 | 1,590 | |||
| Other undisclosed noncurrent assets | 141,908 | 194,200 | 194,200 | 33 | |||||
| Total noncurrent assets: | 193,094 | 248,458 | 253,936 | 124,949 | 75,716 | 70,338 | |||
| TOTAL ASSETS: | 354,161 | 381,999 | 607,400 | 374,819 | 469,057 | 408,826 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 17,328 | 9,208 | 12,986 | 21,138 | 48,000 | 44,928 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 3,940 | 3,974 | 5,659 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 12,796 | 35,238 | 28,180 | ||
| Accounts payable | 2,242 | 1,524 | 1,554 | 3,098 | 6,775 | 4,758 | |||
| Accrued liabilities | 15,086 | 7,684 | 11,432 | 1,304 | 2,013 | 6,331 | |||
| Deferred revenue | 24 | 98 | 11,523 | 31,575 | |||||
| Debt | 7,762 | ||||||||
| Other undisclosed current liabilities | 14,757 | 15,559 | 15,705 | 37,351 | 64,048 | 27,438 | |||
| Total current liabilities: | 32,085 | 24,767 | 28,715 | 58,587 | 123,571 | 111,703 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 280,716 | 274,183 | 273,615 | ||||||
| Long-term debt, excluding current maturities | 228,035 | 226,963 | 225,890 | ||||||
| Liabilities, other than long-term debt | 40,998 | 51,155 | 47,256 | 2,730 | 2,181 | 28,048 | |||
| Deferred revenue | 192 | 310 | 348 | 6,761 | |||||
| Other liabilities | 1,890 | 5,919 | 1,657 | 2,420 | 1,833 | 21,287 | |||
| Operating lease, liability | 39,108 | 45,236 | 45,407 | 52,681 | 47,220 | 47,725 | |||
| Total noncurrent liabilities: | 40,998 | 51,155 | 47,256 | 283,446 | 276,364 | 301,663 | |||
| Total liabilities: | 73,083 | 75,922 | 75,971 | 342,033 | 399,935 | 413,366 | |||
| Equity | |||||||||
| Equity, attributable to parent | 175,545 | 212,995 | 441,800 | (338,573) | (303,751) | (223,840) | |||
| Common stock | 1 | 1 | 1 | 1 | |||||
| Additional paid in capital | 1,141,060 | 1,122,164 | 1,295,725 | 1,387,469 | 1,222,818 | 1,024,614 | |||
| Accumulated other comprehensive income (loss) | 7 | (65) | (15) | 47 | 145 | ||||
| Accumulated deficit | (965,522) | (909,104) | (853,911) | (1,726,043) | (1,526,617) | (1,248,600) | |||
| Total equity: | 175,545 | 212,995 | 441,800 | (338,573) | (303,751) | (223,840) | |||
| Other undisclosed liabilities and equity | 105,533 | 93,082 | 89,629 | 371,359 | 372,873 | 219,300 | |||
| TOTAL LIABILITIES AND EQUITY: | 354,161 | 381,999 | 607,400 | 374,819 | 469,057 | 408,826 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 64,381 | 57,424 | 51,346 | 55,311 | 71,857 | 73,414 | ||
| Gross profit: | 64,381 | 57,424 | 51,346 | 55,311 | 71,857 | 73,414 | ||
| Operating expenses | (111,330) | (113,459) | (143,303) | (313,095) | (369,614) | (325,329) | ||
| Operating loss: | (46,949) | (56,035) | (91,957) | (257,784) | (297,757) | (251,915) | ||
| Nonoperating income (Other Nonoperating income) | 4,881 | 9,116 | 8,545 | 1,109 | 2,831 | 8,395 | ||
| Interest and debt expense | (2,546) | (2,350) | (9,403) | (46,889) | (60,049) | (31,862) | ||
| Loss from continuing operations before equity method investments, income taxes: | (44,614) | (49,269) | (92,815) | (303,564) | (354,975) | (275,382) | ||
| Income from equity method investments | 103,987 | 68,438 | 33,705 | |||||
| Other undisclosed income from continuing operations before income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | (44,614) | (49,269) | (92,815) | (199,577) | (286,537) | (241,677) | ||
| Income tax expense (benefit) | (11,804) | (5,924) | (9) | 151 | 8,520 | 5,222 | ||
| Income (loss) from continuing operations: | (56,418) | (55,193) | (92,824) | (199,426) | (278,017) | (236,455) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (199,426) | (278,017) | (236,455) | |
| Income from discontinued operations | 964,956 | |||||||
| Net income (loss) available to common stockholders, diluted: | (56,418) | (55,193) | 872,132 | (199,426) | (278,017) | (236,455) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (56,418) | (55,193) | 872,132 | (199,426) | (278,017) | (236,455) | ||
| Comprehensive income (loss): | (56,418) | (55,193) | 872,132 | (199,426) | (278,017) | (236,455) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 72 | (50) | (15) | (47) | (98) | 311 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (56,346) | (55,243) | 872,117 | (199,473) | (278,115) | (236,144) | ||
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.