Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||||||||||||||||||
product revenue | 1,395,013,000 | 1,302,076,000 | 1,108,530,000 | 1,118,035,000 | 993,447,000 | 921,146,000 | 746,918,000 | 630,526,000 | 595,290,000 | 553,745,000 | 410,291,000 | 339,022,000 | 349,506,000 | 304,511,000 | 261,573,000 | 196,785,000 | 192,461,000 | 138,624,000 | 106,117,000 | 100,100,000 | 91,080,000 | 65,635,000 | 52,059,000 | 56,892,000 | 50,141,000 | 58,142,000 | 57,421,000 | 37,762,000 | 38,447,000 | 31,426,000 | 23,250,000 | 15,606,000 | 8,822,000 | ||||||
other revenue | 17,271,000 | ||||||||||||||||||||||||||||||||||||||
total revenues | 1,412,284,000 | 1,315,300,000 | 1,117,279,000 | 1,127,824,000 | 1,001,599,000 | 929,166,000 | 751,652,000 | 634,409,000 | 781,308,000 | 595,261,000 | 447,801,000 | 380,095,000 | 387,628,000 | 341,572,000 | 306,626,000 | 213,979,000 | 206,440,000 | 149,992,000 | 605,872,000 | 100,100,000 | 91,080,000 | 65,635,000 | 52,059,000 | 56,892,000 | 50,141,000 | 243,346,000 | 77,833,000 | 58,670,000 | 54,202,000 | 52,804,000 | 32,544,000 | 18,174,000 | 220,213,000 | ||||||
cost of sales - product | 196,510,000 | 164,606,000 | 165,002,000 | 160,560,000 | 170,462,000 | 138,132,000 | 124,935,000 | 105,832,000 | 96,309,000 | 95,990,000 | 81,789,000 | 73,522,000 | 76,543,000 | 71,173,000 | 65,237,000 | 48,545,000 | 47,413,000 | 36,263,000 | 32,685,000 | 21,078,000 | 21,123,000 | 14,307,000 | 14,149,000 | -17,984,000 | -20,106,000 | -17,839,000 | -15,261,000 | -9,193,000 | -8,706,000 | -6,256,000 | -4,550,000 | -3,030,000 | -1,944,000 | ||||||
gross profit | 1,215,774,000 | 1,150,694,000 | 952,277,000 | 967,264,000 | 831,137,000 | 791,034,000 | 626,717,000 | ||||||||||||||||||||||||||||||||
yoy | 46.28% | 45.47% | 51.95% | ||||||||||||||||||||||||||||||||||||
qoq | 5.66% | 20.84% | -1.55% | 16.38% | 5.07% | 26.22% | |||||||||||||||||||||||||||||||||
gross margin % | |||||||||||||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||
research and development | 523,662,000 | 524,896,000 | 481,887,000 | 542,012,000 | 496,179,000 | 454,466,000 | 460,638,000 | 493,987,000 | 453,259,000 | 422,764,000 | 408,584,000 | 446,023,000 | 426,363,000 | 378,207,000 | 389,915,000 | 430,485,000 | 351,937,000 | 356,091,000 | 320,726,000 | 355,537,000 | 349,070,000 | 285,968,000 | 304,302,000 | -283,259,000 | -236,968,000 | -228,760,000 | -178,351,000 | -257,464,000 | -147,590,000 | -164,251,000 | -109,700,000 | -91,340,000 | -87,660,000 | -47,245,000 | |||||
selling, general and administrative | 528,998,000 | 537,913,000 | 459,288,000 | 504,677,000 | 455,223,000 | 443,729,000 | 427,427,000 | 416,547,000 | 364,421,000 | 395,034,000 | 328,499,000 | 328,984,000 | 322,892,000 | 331,403,000 | 294,573,000 | 306,501,000 | 269,227,000 | 232,289,000 | 182,106,000 | 208,209,000 | 160,837,000 | 124,049,000 | 107,081,000 | -143,354,000 | -105,002,000 | -82,248,000 | -57,645,000 | -72,490,000 | -48,820,000 | -45,160,000 | -28,915,000 | -27,415,000 | -15,641,000 | ||||||
total operating expenses | 1,052,660,000 | 1,062,809,000 | 941,175,000 | 1,046,689,000 | 951,402,000 | 898,195,000 | 888,065,000 | -58,022,000 | |||||||||||||||||||||||||||||||
income from operations | 163,114,000 | 87,885,000 | 11,102,000 | -79,425,000 | -120,265,000 | -107,161,000 | -261,348,000 | -383,795,000 | -133,968,000 | -318,715,000 | -371,258,000 | -468,622,000 | -438,357,000 | -439,399,000 | -443,287,000 | -571,739,000 | -462,325,000 | -474,838,000 | 70,167,000 | -484,912,000 | -440,137,000 | -358,877,000 | -373,756,000 | -388,037,000 | -312,266,000 | -85,833,000 | -173,755,000 | -280,808,000 | -151,102,000 | -163,050,000 | -110,809,000 | -58,022,000 | |||||||
yoy | -235.63% | -182.01% | -104.25% | -79.31% | -10.23% | -66.38% | -29.60% | -18.10% | -69.44% | -27.47% | -16.25% | -18.04% | -5.18% | -7.46% | -731.76% | 17.91% | 5.04% | 32.31% | -118.77% | 24.97% | 40.95% | 318.11% | 115.11% | 38.19% | 106.66% | -47.36% | 56.81% | 181.01% | |||||||||||
qoq | 85.60% | 691.61% | -113.98% | -33.96% | 12.23% | -59.00% | -31.90% | 186.48% | -57.97% | -14.15% | -20.78% | 6.90% | -0.24% | -0.88% | -22.47% | 23.67% | -2.64% | -776.73% | -114.47% | 10.17% | 22.64% | -3.98% | -3.68% | 24.26% | 263.81% | -50.60% | -38.12% | 85.84% | -7.33% | 47.15% | |||||||||
operating margin % | |||||||||||||||||||||||||||||||||||||||
interest income | 3,029,000 | 3,497,000 | 5,848,000 | 7,808,000 | 10,643,000 | 13,225,000 | 16,160,000 | 16,274,000 | 26,649,000 | 15,070,000 | 16,016,000 | 18,219,000 | 12,759,000 | 11,431,000 | 10,071,000 | -4,482,000 | -2,230,000 | -4,866,000 | -4,179,000 | -5,186,000 | -614,000 | 1,108,000 | 6,690,000 | -438,000 | 2,206,000 | 2,886,000 | 4,477,000 | 5,950,000 | 4,553,000 | 1,892,000 | 1,552,000 | 186,000 | 209,000 | 262,000 | 494,000 | ||||
other income | -18,979,000 | 8,167,000 | 3,950,000 | -13,734,000 | 11,318,000 | -11,984,000 | 1,762,000 | 16,749,000 | 336,657,000 | -63,818,000 | 18,303,000 | 19,438,000 | -125,640,000 | -129,617,000 | 11,967,000 | -10,583,000 | 31,477,000 | -867,000 | -4,123,000 | 8,122,000 | 5,711,000 | 19,976,000 | 3,681,000 | 8,141,000 | -1,817,000 | -878,000 | 1,728,000 | -396,000 | 1,585,000 | 75,000 | 729,000 | 905,000 | 198,000 | 748,000 | 315,000 | ||||
income before income taxes | 147,164,000 | 99,549,000 | 20,900,000 | -85,351,000 | -98,304,000 | -105,920,000 | -243,426,000 | -350,772,000 | 229,338,000 | -367,463,000 | -336,939,000 | -430,965,000 | -551,238,000 | -557,585,000 | -421,249,000 | -586,804,000 | -433,078,000 | -480,571,000 | 61,865,000 | -481,976,000 | -435,040,000 | -337,793,000 | -363,385,000 | -140,813,000 | -311,877,000 | -83,825,000 | -167,550,000 | ||||||||||||
income tax expense | 22,323,000 | 5,229,000 | 19,630,000 | 66,530,000 | 23,046,000 | 14,485,000 | 7,724,000 | 16,781,000 | 13,925,000 | 13,674,000 | 11,492,000 | 14,370,000 | 6,318,000 | 1,554,000 | -201,000 | ||||||||||||||||||||||||
net income | 124,841,000 | 94,320,000 | 1,270,000 | -151,881,000 | -121,350,000 | -120,405,000 | -251,150,000 | -367,553,000 | 215,413,000 | -381,137,000 | -348,431,000 | -445,335,000 | -557,556,000 | -571,449,000 | -434,274,000 | -585,653,000 | -413,855,000 | -480,341,000 | 66,495,000 | -472,649,000 | -426,617,000 | -336,318,000 | -364,939,000 | -387,895,000 | -308,660,000 | -85,954,000 | -168,069,000 | -266,710,000 | -144,492,000 | -157,715,000 | -105,116,000 | -60,680,000 | |||||||
yoy | -202.88% | -178.34% | -100.51% | -58.68% | -156.33% | -68.41% | -27.92% | -17.47% | -138.64% | -33.30% | -19.77% | -23.96% | 34.72% | 18.97% | -753.09% | 23.91% | -2.99% | 42.82% | -118.22% | 21.85% | 38.22% | 291.28% | 117.14% | 45.44% | 113.62% | -45.50% | 59.89% | 159.91% | |||||||||||
qoq | 32.36% | 7326.77% | -100.84% | 25.16% | 0.78% | -52.06% | -31.67% | -270.63% | -156.52% | 9.39% | -21.76% | -20.13% | -2.43% | 31.59% | -25.85% | 41.51% | -13.84% | -822.37% | -114.07% | 10.79% | 26.85% | -7.84% | -5.92% | 25.67% | 259.10% | -48.86% | -36.98% | 84.58% | -8.38% | 50.04% | |||||||||
net income margin % | |||||||||||||||||||||||||||||||||||||||
earnings per share | |||||||||||||||||||||||||||||||||||||||
basic | 0.09 | 0.07 | 0 | -0.09 | -0.09 | -0.095 | 0.16 | 0.06 | |||||||||||||||||||||||||||||||
diluted | 0.08 | 0.06 | 0 | -0.09 | -0.09 | -0.095 | 0.15 | 0.05 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding—basic | 1,432,801,699 | 1,408,166,754 | 1,390,052,966 | 1,376,751,873 | 1,360,716,279 | 1,332,017,262 | 1,188,943,726 | ||||||||||||||||||||||||||||||||
weighted-average shares outstanding—diluted | 1,488,750,354 | 1,463,277,401 | 1,445,253,219 | 1,376,751,873 | 1,390,331,833 | 1,332,017,262 | 1,257,489,671 | ||||||||||||||||||||||||||||||||
earnings per american depositary share | |||||||||||||||||||||||||||||||||||||||
basic | 1.13 | 0.87 | 0.01 | -1.178 | -1.15 | -1.23 | 2.06 | 0.73 | |||||||||||||||||||||||||||||||
diluted | 1.09 | 0.84 | 0.01 | -1.178 | -1.15 | -1.23 | 2.01 | 0.69 | |||||||||||||||||||||||||||||||
weighted-average adss outstanding—basic | 110,215,515 | 108,320,520 | 106,927,151 | 105,903,990 | 104,670,483 | 102,462,866 | 91,457,210 | ||||||||||||||||||||||||||||||||
weighted-average adss outstanding—diluted | 114,519,258 | 112,559,800 | 111,173,325 | 105,903,990 | 106,948,603 | 102,462,866 | 96,729,975 | ||||||||||||||||||||||||||||||||
collaboration revenue | 13,224,000 | 8,749,000 | 9,789,000 | 8,152,000 | 8,020,000 | 4,734,000 | 3,883,000 | 186,018,000 | 41,516,000 | 37,510,000 | 41,073,000 | 38,122,000 | 37,061,000 | 45,053,000 | 17,194,000 | 13,979,000 | 11,368,000 | 499,755,000 | 185,204,000 | 20,412,000 | 20,908,000 | 15,755,000 | 21,378,000 | 9,294,000 | 2,568,000 | 211,391,000 | 393,000 | 677,000 | |||||||||||
amortization of intangible assets | 1,838,000 | 1,287,000 | 188,000 | 187,000 | 188,000 | 187,000 | 188,000 | 188,000 | 187,000 | 188,000 | 187,000 | 188,000 | 188,000 | 187,000 | 188,000 | 283,000 | -332,000 | -331,000 | -332,000 | -331,000 | -331,000 | -188,000 | -187,000 | -188,000 | -187,000 | -63,000 | |||||||||||||
net income per share | -0.09 | -0.19 | -0.28 | -0.26 | -0.33 | -0.41 | -0.43 | -0.4 | -0.37 | -0.33 | -0.36 | -0.5 | -0.39 | -0.11 | -0.22 | ||||||||||||||||||||||||
weighted-average shares outstanding—basic and diluted | 1,368,746,793 | 1,361,082,567 | 1,355,547,626 | 1,357,034,547 | 1,360,224,377 | 1,354,164,760 | 1,345,303,747 | 1,336,463,026 | 1,205,971,284 | 1,194,071,476 | |||||||||||||||||||||||||||||
net income per american depositary share (“ads”), basic and diluted | -1.15 | -2.41 | -5.25 | -4.81 | -4.31 | -4.7 | -6.43 | -5.11 | -1.43 | -2.81 | |||||||||||||||||||||||||||||
weighted-average adss outstanding—basic and diluted | 105,288,215 | 104,698,659 | 104,272,894 | 104,387,273 | 104,632,644 | 104,166,520 | 103,484,904 | 102,804,848 | 92,767,022 | 91,851,652 | |||||||||||||||||||||||||||||
expenses | |||||||||||||||||||||||||||||||||||||||
total expenses | 662,077,750 | 915,276,000 | 913,976,000 | 819,059,000 | 848,717,000 | 825,985,000 | 780,971,000 | 749,913,000 | 785,718,000 | 668,765,000 | 624,830,000 | 535,705,000 | 585,012,000 | 531,217,000 | 424,512,000 | 425,815,000 | -444,929,000 | -362,407,000 | -329,179,000 | -251,588,000 | -339,478,000 | -205,304,000 | -215,854,000 | -143,353,000 | -121,972,000 | -105,308,000 | |||||||||||||
net income per american depositary share | -3.64 | -3.34 | -3.785 | -5.39 | -5.56 | ||||||||||||||||||||||||||||||||||
income tax benefit | 13,864,000 | 13,025,000 | -6,020,750 | -19,223,000 | -2,086,000 | -8,423,000 | -7,561,000 | 3,217,000 | -2,129,000 | -519,000 | 8,544,000 | 472,000 | 3,368,000 | 3,412,000 | |||||||||||||||||||||||||
net income per share | -0.09 | -0.19 | -0.28 | -0.26 | -0.33 | -0.41 | -0.43 | -0.4 | -0.37 | -0.33 | -0.36 | -0.5 | -0.39 | -0.11 | -0.22 | ||||||||||||||||||||||||
basic | -0.33 | -0.145 | -0.19 | ||||||||||||||||||||||||||||||||||||
diluted | -0.33 | -0.145 | -0.19 | ||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | 96,000 | -1,393,000 | -1,116,000 | -1,204,000 | 166,000 | -1,303,000 | -384,000 | -429,000 | 1,545,000 | -461,000 | -828,000 | -520,000 | |||||||||||||||||||||||||||
net income attributable to beigene, ltd. | -585,653,000 | -413,855,000 | -480,341,000 | 66,495,000 | -472,745,000 | -425,224,000 | -335,202,000 | -363,735,000 | -388,061,000 | -307,357,000 | -85,570,000 | -167,640,000 | -268,255,000 | -144,031,000 | -156,887,000 | -104,596,000 | -60,545,000 | ||||||||||||||||||||||
loss per share attributable to beigene, ltd. | -0.173 | -0.34 | -0.4 | ||||||||||||||||||||||||||||||||||||
loss per american depositary share | -2.248 | -4.46 | -5.23 | ||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -230,000 | -4,630,000 | -1,475,000 | ||||||||||||||||||||||||||||||||||||
earnings per share attributable to beigene, ltd. | |||||||||||||||||||||||||||||||||||||||
basic | 0.09 | 0.07 | 0 | -0.09 | -0.09 | -0.095 | 0.16 | 0.06 | |||||||||||||||||||||||||||||||
diluted | 0.08 | 0.06 | 0 | -0.09 | -0.09 | -0.095 | 0.15 | 0.05 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding, basic and diluted | 1,340,729,572 | 1,206,210,049 | 1,085,131,783 | 1,148,973,077 | 1,010,230,470 | 1,005,347,581 | 780,701,283 | 781,482,459 | 777,509,102 | 774,750,255 | 720,753,819 | ||||||||||||||||||||||||||||
weighted-average adss outstanding, basic and diluted | 103,133,044 | 92,785,388 | 83,471,676 | 88,382,544 | 77,710,036 | 77,334,429 | 60,053,945 | 60,114,035 | 59,808,392 | 59,596,173 | 55,442,601 | ||||||||||||||||||||||||||||
income before income tax expense | -275,254,000 | -144,964,000 | -161,083,000 | -108,528,000 | -60,479,000 | ||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | 543,185,460 | ||||||||||||||||||||||||||||||||||||||
basic | 739,789,269 | 547,546,656 | |||||||||||||||||||||||||||||||||||||
diluted | 739,789,269 | 600,612,680 | |||||||||||||||||||||||||||||||||||||
weighted-average adss used in net income per share calculation | |||||||||||||||||||||||||||||||||||||||
net income per share | -0.09 | -0.19 | -0.28 | -0.26 | -0.33 | -0.41 | -0.43 | -0.4 | -0.37 | -0.33 | -0.36 | -0.5 | -0.39 | -0.11 | -0.22 | ||||||||||||||||||||||||
basic and diluted | -0.22 | -0.16 | |||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | 543,185,460 | ||||||||||||||||||||||||||||||||||||||
basic and diluted | 698,506,891 | 670,510,605 | 517,663,736 | 516,437,707 | 428,137,509 | 427,746,711 | 294,042,572 | ||||||||||||||||||||||||||||||||
revenue | |||||||||||||||||||||||||||||||||||||||
income /(loss) from operations | 1,335,250 | 114,905,000 | |||||||||||||||||||||||||||||||||||||
interest (expense)/income | -895,250 | -1,785,000 | -1,982,000 | ||||||||||||||||||||||||||||||||||||
changes in fair value of financial instruments | |||||||||||||||||||||||||||||||||||||||
(loss)/gain on sale of available-for-sale securities | 2,500 | ||||||||||||||||||||||||||||||||||||||
other income/(expense) | 382,750 | 1,103,000 | |||||||||||||||||||||||||||||||||||||
income/(loss) before income tax expense | 825,250 | 114,223,000 | |||||||||||||||||||||||||||||||||||||
income tax benefit / | 670,000 | 3,061,000 | |||||||||||||||||||||||||||||||||||||
net income / | 1,495,250 | 117,284,000 | |||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interest | 43,000 | -102,000 | -135,000 | ||||||||||||||||||||||||||||||||||||
net income /(loss) attributable to beigene, ltd. | 1,554,500 | 117,386,000 | |||||||||||||||||||||||||||||||||||||
net income/(loss) per share attributable to beigene, ltd. | |||||||||||||||||||||||||||||||||||||||
basic | 0.003 | 0.21 | |||||||||||||||||||||||||||||||||||||
diluted | 0.003 | 0.2 | |||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | 543,185,460 | ||||||||||||||||||||||||||||||||||||||
basic | 739,789,269 | 547,546,656 | |||||||||||||||||||||||||||||||||||||
diluted | 739,789,269 | 600,612,680 | |||||||||||||||||||||||||||||||||||||
basic | 0.038 | 2.79 | |||||||||||||||||||||||||||||||||||||
diluted | 0.035 | 2.54 | |||||||||||||||||||||||||||||||||||||
total revenue | 393,000 | 677,000 | |||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||
general and administrative | -10,777,000 | ||||||||||||||||||||||||||||||||||||||
gain/(loss) on sale of available-for-sale securities | 2,000 | 8,000 | |||||||||||||||||||||||||||||||||||||
other (expense)/income | -477,000 | ||||||||||||||||||||||||||||||||||||||
loss per share | |||||||||||||||||||||||||||||||||||||||
basic and diluted | -0.12 | ||||||||||||||||||||||||||||||||||||||
weighted-average number of ordinary shares used in net income per share calculation | |||||||||||||||||||||||||||||||||||||||
basic and diluted | 698,506,891 | 670,510,605 | 517,663,736 | 516,437,707 | 428,137,509 | 427,746,711 | 294,042,572 | ||||||||||||||||||||||||||||||||
loss per american depositary share | -2.248 | -4.46 | -5.23 | ||||||||||||||||||||||||||||||||||||
basic and diluted | -1.52 | ||||||||||||||||||||||||||||||||||||||
loss per ads | |||||||||||||||||||||||||||||||||||||||
basic and diluted | |||||||||||||||||||||||||||||||||||||||
interest expense | |||||||||||||||||||||||||||||||||||||||
disposal loss on available-for-sale securities |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
