GLPG
Galapagos NV ADR
NASDAQ: GLPG · HEALTHCARE · BIOTECHNOLOGY
$27.86
-1.97% today
Updated 2026-04-29
Market cap
$1.91B
P/E ratio
5.00
P/S ratio
1.72x
EPS (TTM)
$5.69
Dividend yield
—
52W range
$25 – $38
Volume
0.2M
Galapagos NV ADR (GLPG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.15M | $65.94M | $76.98M | $93.09M | $122.41M | $95.89M | $136.27M | $137.70M | $69.37M | $39.56M | $129.52M | $127.09M | $288.84M | $834.90M | $478.05M | $484.85M | $241.25M | $239.72M | $275.65M | $1.11B |
| Revenue growth (YoY) | — | +87.6% | +16.7% | +20.9% | +31.5% | -21.7% | +42.1% | +1.1% | -49.6% | -43.0% | +227.4% | -1.9% | +127.3% | +189.1% | -42.7% | +1.4% | -50.2% | -0.6% | +15.0% | +303.5% |
| Cost of revenue | $19.53M | $30.17M | $27.77M | $85.10M | $116.02M | $124.99M | $48.18M | $41.30M | $111.11M | $129.71M | $139.57M | $218.50M | $322.88M | $420.09M | $523.67M | $1.63M | $12.08M | $35.99M | $34.86M | $489.10M |
| Gross profit | $15.62M | $35.77M | $49.21M | $7.99M | $6.39M | $-29.10M | $88.09M | $96.40M | $-41.74M | $-90.15M | $-10.06M | $-91.42M | $-34.04M | $414.81M | $-45.61M | $483.22M | $241.25M | $239.72M | $240.79M | $623.10M |
| Gross margin | 44.4% | 54.2% | 63.9% | 8.6% | 5.2% | -30.3% | 64.6% | 70.0% | -60.2% | -227.9% | -7.8% | -71.9% | -11.8% | 49.7% | -9.5% | 99.7% | 100.0% | 100.0% | 87.4% | 56.0% |
| R&D | $15.86M | $30.63M | $38.73M | — | — | — | $80.26M | $99.38M | $111.11M | $129.71M | $139.57M | $218.50M | $322.88M | $420.09M | $523.67M | $491.71M | $269.80M | $241.29M | $335.46M | $459.40M |
| SG&A | $11.96M | $19.44M | $21.07M | $16.93M | $21.48M | $23.12M | $18.27M | $19.35M | $8.09M | $19.13M | $15.16M | $17.76M | $25.50M | $72.38M | $118.76M | $97.26M | $102.04M | $92.48M | $94.07M | $110.57M |
| Operating income | $-11.81M | $-21.84M | $-15.21M | $1.66M | $1.03M | $-32.94M | $-6.61M | $-11.02M | $-36.62M | $-89.44M | $-11.49M | $-89.80M | $-44.81M | $368.75M | $-178.63M | $-165.60M | $-131.06M | $-88.26M | $-188.34M | $501.39M |
| Operating margin | -33.6% | -33.1% | -19.8% | 1.8% | 0.8% | -34.3% | -4.9% | -8.0% | -52.8% | -226.1% | -8.9% | -70.7% | -15.5% | 44.2% | -37.4% | -34.2% | -54.3% | -36.8% | -68.3% | 45.1% |
| EBITDA | $-6.71M | $-12.40M | $-1.89M | $8.84M | $13.78M | $-21.49M | $4.01M | $-7.71M | $-30.34M | $-116.00M | $-8.16M | $-109.82M | $-28.87M | $374.24M | $-170.67M | $-100.93M | $3.87M | $51.04M | $43.33M | $556.98M |
| EBITDA margin | -19.1% | -18.8% | -2.4% | 9.5% | 11.3% | -22.4% | 2.9% | -5.6% | -43.7% | -293.2% | -6.3% | -86.4% | -10.0% | 44.8% | -35.7% | -20.8% | 1.6% | 21.3% | 15.7% | 50.1% |
| EBIT | $-11.44M | $-20.76M | $-9.25M | $1.88M | $2.15M | $-33.59M | $-5.00M | $-15.86M | $-34.99M | $-119.40M | $-12.35M | $-114.10M | $-33.95M | $368.75M | $-178.63M | $-122.23M | $-61.69M | $7.39M | $-2.17M | $523.20M |
| Interest expense | $1.06M | $1.75M | $5.13M | $711000.00 | $1.56M | $1.65M | $150000.00 | $157000.00 | $110000.00 | $252833.00 | $47000.00 | $936000.00 | $780000.00 | $1.84M | $11.58M | $11.59M | $9.15M | $1.65M | $911000.00 | $1.61M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-11.34M | $-21.95M | $-14.58M | $3.01M | $4.37M | $-33.10M | $-5.72M | $-8.08M | $33.21M | $-118.41M | $54.01M | $-115.70M | $-29.26M | $149.84M | $-305.44M | $-125.42M | $-217.99M | $211.70M | $74.08M | $320.90M |
| Net income growth (YoY) | — | -93.6% | +33.6% | +120.6% | +45.2% | -857.4% | +82.7% | -41.2% | +511.1% | -456.5% | +145.6% | -314.2% | +74.7% | +612.1% | -303.8% | +58.9% | -73.8% | +197.1% | -65.0% | +333.2% |
| Profit margin | -32.2% | -33.3% | -18.9% | 3.2% | 3.6% | -34.5% | -4.2% | -5.9% | 47.9% | -299.3% | 41.7% | -91.0% | -10.1% | 17.9% | -63.9% | -25.9% | -90.4% | 88.3% | 26.9% | 28.9% |