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How Puma Biotechnology (PBYI) makes money

Puma Biotechnology (PBYI) made $55.1M of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. Product revenue, net brought in $54.1M (98%); Royalty revenue brought in $1.0M (2%). Of every dollar of revenue, 10¢ was left as operating profit, 11¢ was left as net earnings.

Drawing the Sankey…

Puma Biotechnology revenue by segment, Q3 2026Puma Biotechnology revenue by segment, Q3 2026Product revenue, net$54.1MRoyalty revenue$1.0M
Puma Biotechnology revenue by quarterPuma Biotechnology revenue by quarter$46.0MQ1 2025$52.4MQ2 2025$54.5MQ3 2025$75.5MQ4 2025$44.8MQ1 2026$56.5MQ2 2026$55.1MQ3 2026
Puma Biotechnology: where each dollar of revenue goesPuma Biotechnology: where each dollar of revenue goesOperating profit10¢Income tax0¢Net earnings11¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product revenue, net$54.1M98.2%—+4%
Royalty revenue$1.0M1.8%—-62%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$55.1M100.0%
Operating profit$5.3M9.6%
Income tax$200K0.4%
Net earnings$6.0M10.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$55.1M+1%
Q2 2026$56.5M+8%
Q1 2026$44.8M-3%
Q4 2025$75.5M+28%
Q3 2025$54.5M-32%
Q2 2025$52.4M+11%
Q1 2025$46.0M+5%

From Puma Biotechnology's 8-K filed Nov 5, 2026 (on EDGAR).

Questions

How does Puma Biotechnology make money?

Puma Biotechnology (PBYI) made $55.1M of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. Product revenue, net brought in $54.1M (98%); Royalty revenue brought in $1.0M (2%). Of every dollar of revenue, 10¢ was left as operating profit, 11¢ was left as net earnings.

What is Puma Biotechnology's biggest business?

Product revenue, net: $54.1M in the third quarter 2026, 98% of revenue, +4% from a year earlier.

What is Puma Biotechnology's profit margin?

Net earnings were $6.0M, 10.9% of revenue, in the third quarter 2026; the operating margin was 9.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.