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BioMarin Pharmaceutical (BMRN) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 3, 2026

BioMarin Pharmaceutical (BMRN) reported revenue of $1.0B for the third quarter 2026 (Q3 2026), +32% from a year earlier and +4% from the quarter before. Operating margin was -8.0%, net loss $123M (12.0% of revenue).

Revenue$1.0B
Year over year+32%
Quarter over quarter+4%
Operating margin-8.0%
Net earnings−$123M

BioMarin Pharmaceutical, Q3 2026: revenue $1.0B (+32% year over year), operating margin -8.0%, net loss $123M, operating cash flow $188M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.0B+4%+32%
Operating profit−$82.1M-174%—
Net earnings−$123M-374%—
Operating cash flow$188M+12%-49%
Free cash flow$160M+15%-53%

What changed

Revenue was $1.0B in Q3 2026, up 32% year over year and up 4% from the previous quarter. VOXZOGO was the largest line at 24% of revenue. VIMIZIM added $0.03B year over year (up 18%), 13% of the total change. Royalty and other revenues declined 25%.

Operating costs exceeded revenue by $0.08B, an operating margin of -8.0%. Total costs grew 35% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+7887%). The quarter ended with a net loss of $0.12B, after a profit of $0.04B the previous quarter.

Operating cash flow was $0.19B (down 49% year over year). Non-cash charges added back $0.13B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $0.13B. Capital expenditures of $0.03B left free cash flow of $0.16B.

Questions

What was BioMarin Pharmaceutical's revenue in the third quarter 2026?

BioMarin Pharmaceutical (BMRN) reported revenue of $1.0B for the third quarter 2026 (Q3 2026), +32% from a year earlier and +4% from the quarter before.

Was BioMarin Pharmaceutical profitable in the third quarter 2026?

Operating loss was $82.1M (-8.0% of revenue) and net loss $123M.

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Source: BioMarin Pharmaceutical 10-Q on SEC EDGAR.