Galapagos (ADR) (GLPG)
Belgian biotech shifting from cell therapy toward partnered immunology and oncology assets.
$27.98
At close+0.47 (+1.71%)
In millions of USD, except per-share figures · converted from EUR at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | −243 | 72 | 90 | 69 | 88 | 87 | 76 | 83 | 1,046 | 8 | 14 |
| Cost of revenue | 7 | 98 | 3 | 19 | 0 | 131 | 16 | 5 | 13 | 1 | 6 | 11 |
| Gross profit | 133 | −243 | 70 | 71 | 69 | −43 | 71 | 70 | 70 | 1,045 | 2 | 4 |
| 168 | −162 | 108 | 116 | 133 | 29 | 255 | 137 | 356 | 164 | 76 | 57 | |
| Research & development | 116 | −82 | 83 | 85 | 108 | 666 | 212 | 111 | 86 | 125 | 36 | 30 |
| 98 | −102 | 36 | 18 | 54 | 48 | 51 | 22 | 40 | 3 | 41 | 27 | |
| Selling & marketing | 79 | −100 | 3 | −2 | 11 | 8 | 5 | −4 | 3 | −3 | 3 | 0 |
| General & administrative | 19 | −2 | 32 | 20 | 44 | 40 | 46 | 26 | 37 | 7 | 38 | 0 |
| Other expenses | −47 | 22 | −11 | 12 | −30 | −685 | −8 | 4 | 230 | 36 | −1 | 0 |
| Operating income | −35 | −80 | −38 | −44 | −63 | −73 | −184 | −66 | −286 | 881 | −74 | −53 |
| 65 | 8 | 65 | 49 | 6 | 95 | 3 | −55 | 29 | 28 | 90 | 56 | |
| Interest income | 0 | 32 | 30 | 28 | 27 | 22 | 15 | 12 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 27 | 1 | 0 | 0 |
| Other non-operating income | −70 | −5 | −65 | −114 | 114 | −216 | 0 | 51 | −56 | 230 | 0 | 0 |
| Income before tax | 30 | −72 | 27 | 5 | −57 | 22 | −182 | −121 | −257 | 909 | 16 | 2 |
| Income tax expense | 0 | −5 | −1 | −1 | −1 | 0 | −2 | 0 | −20 | 1 | 0 | 0 |
| Net income from continuing operations | 30 | −67 | 27 | 5 | −56 | 22 | −179 | −121 | −237 | 909 | 16 | 2 |
| Discontinued operations | 0 | 0 | 77 | 5 | −2 | 7 | 1 | −2 | 2 | 0 | 1 | 0 |
| Other adjustments | 0 | 250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 30 | 183 | 105 | 10 | −59 | 29 | −178 | −123 | −235 | 908 | 17 | 2 |
| EPS, basic | $0.45 | $2.78 | $1.59 | $0.16 | −$0.86 | $0.34 | −$2.71 | −$1.87 | −$3.60 | $13.79 | $0.26 | $0.04 |
| EPS, diluted | $0.45 | $2.78 | $1.59 | $0.16 | −$0.86 | $0.34 | −$2.71 | −$1.87 | −$3.60 | $13.79 | $0.26 | $0.04 |
| Weighted average shares, basic | 66 | 66 | 66 | 66 | 66 | 67 | 66 | 66 | 65 | 66 | 66 | 70 |
| Weighted average shares, diluted | 66 | 66 | 66 | 66 | 66 | 67 | 66 | 66 | 66 | 66 | 66 | 70 |
| EBITDA | 35 | −75 | 27 | 91 | −177 | −63 | −184 | −117 | −220 | 651 | −74 | −53 |
| Depreciation & amortization | 0 | 0 | 0 | 21 | 0 | 10 | 0 | 0 | 10 | 0 | 0 | 0 |
| EBIT | 35 | −75 | 27 | 70 | −177 | −73 | −184 | −117 | −230 | 651 | −74 | −53 |
