AGIOS PHARMACEUTICALS, INC. AGIO
We are a commercial-stage biopharmaceutical company dedicated to redefining the future of rare disease treatment. Fueled by connections, we build trusted partnerships with communities, collaborating to develop and deliver innovative medicines with the potential to transform lives. With a foundation in hematology, we combine biological expertise with real-world insights to advance a growing pipeline of rare disease medicines that reflect the priorities of the people we serve.
The lead product candidate in our portfolio, mitapivat, is an activator of both wild-type and mutant pyruvate kinase, or PK, enzymes for the potential treatment of hemolytic anemias. Mitapivat is approved in the United States by the U.S. Food and Drug Administration, or FDA, under the brand name AQVESME™ for the treatment of anemia in adults with non-transfusion dependent and transfusion-dependent alpha- or beta-thalassemia and in Saudi Arabia under the brand name PYRUKYND® for the treatment of adult patients with non-transfusion-dependent and transfusion-dependent alpha- or beta-thalassemia. Mitapivat is also approved under the brand name PYRUKYND® in the United States by the FDA for the treatment of hemolytic anemia in adults with PK deficiency and in the European Union, or EU, and Great Britain for the treatment of PK deficiency in adults.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.0M | $36.5M | $26.8M | $14.2M | $0 | $0 | $117.9M | $94.4M | $43.0M | $69.9M |
| Cost of revenue | $6.3M | $4.2M | $2.9M | $1.7M | $0 | $0 | $1.3M | $1.4M | $0 | $0 |
| Gross profit | $47.7M | $32.3M | $23.9M | $12.5M | $0 | $0 | $116.6M | $93.0M | $43.0M | $69.9M |
| R&D | $339.5M | $301.3M | $295.5M | $279.9M | $257.0M | $220.8M | $214.3M | $341.3M | $292.7M | $220.2M |
| SG&A | $180.3M | $156.8M | $119.9M | $121.7M | $121.4M | $115.1M | $102.0M | $114.1M | $71.1M | $50.7M |
| Total operating expenses | $526.2M | $462.2M | $418.3M | $403.3M | $378.4M | $335.9M | $316.3M | $456.9M | $363.8M | $270.9M |
| Operating income | -$472.1M | -$425.7M | -$391.5M | -$389.0M | -$378.4M | -$335.9M | -$316.3M | -$362.5M | -$320.8M | -$201.0M |
| Pre-tax income | -$413.8M | $718.0M | -$352.1M | -$231.8M | -$356.5M | -$329.3M | -$301.4M | -$346.0M | -$314.7M | -$198.5M |
| Income tax | $1.0M | $44.2M | $0 | $0 | — | — | $0 | $0 | $0 | $0 |
| Net income | -$413.0M | $674.0M | -$352.0M | -$232.0M | $1.60B | -$327.4M | -$411.5M | -$346.0M | -$314.7M | -$198.5M |
| EPS, basic | -7.12 | 11.86 | -6.33 | -4.23 | 26.55 | -4.74 | -6.86 | — | — | — |
| EPS, diluted | -7.12 | 11.64 | -6.33 | -4.23 | 26.55 | -4.74 | -6.86 | -6.03 | -6.75 | -5.07 |
| Shares, diluted (wtd. avg.) | 58.0M | 57.9M | 55.7M | 54.8M | 60.4M | 69.0M | 60.0M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $89.1M | $76.2M | $88.2M | $139.3M | $203.1M | $127.4M | $80.9M | $70.5M | $102.7M | $160.8M |
| Short-term investments | $765.3M | $817.5M | $688.7M | $643.9M | $816.9M | $445.5M | $483.9M | $514.8M | — | $380.6M |
| Inventory | $32.9M | $27.6M | $19.1M | $8.5M | $0 | $14.7M | $7.3M | $869.0K | $0 | — |
| Total current assets | $942.1M | $965.6M | $833.8M | $832.8M | $1.06B | $636.7M | $611.7M | $613.8M | $445.3M | $559.9M |
| Property, plant and equipment | $10.8M | $11.7M | $15.4M | $23.0M | $28.9M | $30.8M | $31.5M | $24.3M | $24.4M | $25.3M |
| Total assets | $1.30B | $1.66B | $937.1M | $1.24B | $1.44B | $853.0M | $890.7M | $858.5M | $614.4M | $619.1M |
| Accounts payable | $18.4M | $16.6M | $9.8M | $18.6M | $16.7M | $17.7M | $21.9M | $17.9M | $22.8M | $17.1M |
| Total current liabilities | $82.2M | $81.2M | $68.0M | $62.6M | $59.8M | $94.4M | $92.9M | $93.5M | $94.9M | $88.4M |
| Total liabilities | $104.1M | $122.2M | $126.1M | $137.9M | $145.8M | $453.5M | $250.2M | $170.9M | $238.9M | $260.5M |
| Retained earnings | -$561.7M | -$148.9M | -$822.6M | -$470.6M | -$238.8M | -$1.84B | -$1.52B | -$1.10B | -$758.6M | -$483.2M |
| Total equity | $1.19B | $1.54B | $811.0M | $1.10B | $1.29B | $399.5M | $640.5M | $687.5M | $375.5M | $358.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$373.0M | -$389.8M | -$296.1M | -$309.5M | -$407.3M | -$290.8M | -$370.6M | -$304.4M | -$285.2M | $38.6M |
| Depreciation and amortisation | $5.2M | $5.7M | $6.6M | $8.4M | $8.8M | $9.4M | $8.0M | $7.2M | $6.4M | $5.7M |
| Stock-based compensation | $52.6M | $42.8M | $44.8M | $49.3M | $53.5M | $61.6M | $58.0M | $73.4M | $47.8M | $42.1M |
| Capital expenditure | $4.3M | $1.7M | $999.0K | $4.9M | $5.7M | $14.1M | $12.0M | $7.0M | $4.6M | $9.9M |
| Investing cash flow | $377.2M | $363.4M | $239.6M | $243.3M | $1.25B | $75.7M | $91.4M | -$273.8M | -$57.9M | -$119.3M |
| Financing cash flow | $8.7M | $14.4M | $5.4M | $2.4M | -$765.8M | $261.5M | $289.6M | $546.0M | $285.1M | $169.8M |
| Buybacks | — | — | — | — | $802.5M | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-177086.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.9M | $43.0M | $94.4M | $117.9M | $0 | $0 | $14.2M | $26.8M | $36.5M | $54.0M |
| Gross profit | $69.9M | $43.0M | $93.0M | $116.6M | $0 | $0 | $12.5M | $23.9M | $32.3M | $47.7M |
| Net income | -$198.5M | -$314.7M | -$346.0M | -$411.5M | -$327.4M | $1.60B | -$232.0M | -$352.0M | $674.0M | -$413.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Officer or director change Item 5.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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