v3.26.3
Segment Information and Geographic Data (Tables)
9 Months Ended
Sep. 30, 2026
Segment Information and Geographic Data  
Schedule of selected financial information with respect to the company's single operating segment

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30, 

​

September 30, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Revenue:

​

​

​

​

​

​

​

​

​

​

​

​

Product revenue, net

​

$

285,970

​

$

180,855

​

$

743,836

​

$

475,437

License and collaboration revenue

​

​

-

​

​

-

​

​

-

​

​

-

Total revenue

​

​

285,970

​

​

180,855

​

​

743,836

​

​

475,437

Operating expenses:

​

​

​

​

​

​

​

​

​

​

​

​

Cost of goods sold

​

​

27,759

​

​

20,257

​

​

72,127

​

​

56,728

Collaboration expenses

​

​

105,828

​

​

63,307

​

​

269,474

​

​

159,515

Direct research and development expenses by program:

​

​

​

​

​

​

​

​

​

​

​

​

ARCALYST

​

​

176

​

​

269

​

​

849

​

​

795

KPL-387

​

​

17,250

​

​

11,380

​

​

54,844

​

​

25,043

KPL-1161

​

​

1,621

​

​

1,792

​

​

3,342

​

​

2,262

Abiprubart

​

​

77

​

​

708

​

​

306

​

​

5,710

Unallocated research and development expenses

​

​

13,662

​

​

10,017

​

​

41,819

​

​

28,434

Selling, general and administrative

​

​

65,361

​

​

49,104

​

​

190,378

​

​

139,497

Total operating expenses

​

​

231,734

​

​

156,834

​

​

633,139

​

​

417,984

Other income, net (1)

​

​

4,821

​

​

3,136

​

​

12,186

​

​

8,146

Income before income taxes

​

​

59,057

​

​

27,157

​

​

122,883

​

​

65,599

Provision for income taxes

​

​

(11,712)

​

​

(8,722)

​

​

(27,514)

​

​

(20,793)

Net income

​

$

47,345

​

$

18,435

​

$

95,369

​

$

44,806

​

​

​

​

​

​

​

​

​

​

​

​

​

Other significant noncash items:

​

 

​

​

 

​

​

 

​

​

 

​

Share-based compensation expense

​

$

13,065

​

$

10,144

​

$

34,757

​

$

26,768

Non-cash lease expense

​

​

1,005

​

​

944

​

​

3,010

​

​

2,703

Deferred income taxes

​

​

(6,565)

​

​

4,227

​

​

619

​

​

9,864

Schedule of total revenue by geographic region of the customer

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30, 

​

September 30, 

​

​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Revenue:

​

​

​

​

​

​

​

​

​

​

​

​

United States

​

$

285,727

​

$

180,709

​

$

742,911

​

$

474,811

United Kingdom

​

​

243

​

​

146

​

​

925

​

​

626

Total revenue

​

$

285,970

​

$

180,855

​

$

743,836

​

$

475,437

Schedule of property and equipment, net by geographic region

​

​

​

​

​

​

​

​

​

​

September 30, 

​

December 31,

​

​

2026

  ​ ​ ​

2025

Property and equipment, net

​

​

​

​

​

​

United States

​

$

1,273

​

$

1,608

United Kingdom

​

​

102

​

​

76

Rest of world

​

​

1,089

​

​

259

Total property and equipment, net

​

$

2,464

​

$

1,943

​