v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue:        
Revenue $ 285,970 $ 180,855 $ 743,836 $ 475,437
Costs and operating expenses:        
Cost of goods sold 27,759 20,257 72,127 56,728
Collaboration expenses 105,828 63,307 269,474 159,515
Research and development 32,786 24,166 101,160 62,244
Selling, general and administrative 65,361 49,104 190,378 139,497
Total operating expenses 231,734 156,834 633,139 417,984
Income from operations 54,236 24,021 110,697 57,453
Other income, net 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
Net income per share attributable to ordinary shareholders, basic $ 0.61 $ 0.25 $ 1.23 $ 0.61
Net income per share attributable to ordinary shareholders, diluted $ 0.56 $ 0.23 $ 1.14 $ 0.57
Weighted average ordinary shares outstanding, basic 78,192,603 74,714,846 77,435,077 73,605,690
Weighted average ordinary shares outstanding, diluted 84,920,060 80,035,400 83,713,015 78,027,370
Comprehensive income        
Net income $ 47,345 $ 18,435 $ 95,369 $ 44,806
Other comprehensive income (loss)        
Unrealized gain (loss) on short-term investments and currency translation adjustments, net of tax (1,367) (102) (2,722) 8
Total other comprehensive income (loss) (1,367) (102) (2,722) 8
Total comprehensive income 45,978 18,333 92,647 44,814
Product revenue, net        
Revenue:        
Revenue $ 285,970 $ 180,855 $ 743,836 $ 475,437