v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Total revenues, net $ 353,171 $ 120,700 $ 791,362 $ 347,898
Cost of revenues:        
Total cost of revenues 20,450 6,563 45,435 12,855
Research and development 143,506 112,874 419,590 335,536
Selling, general and administrative 200,854 137,621 551,011 373,140
Restructuring, impairment, and related charges 0 8,841 0 10,216
Total operating costs and expenses 364,810 265,899 1,016,036 731,747
Loss from operations (11,639) (145,199) (224,674) (383,849)
Other income (expense), net:        
Interest income 13,105 6,239 26,010 15,522
Interest expense (13,255) (11,739) (39,475) (41,467)
Noncash interest expense on deferred royalty obligations [1] (42,282) (36,410) (123,500) [2] (86,460) [2]
Net loss from equity method investments (7,312) (15,834) (32,030) (51,579)
Loss on extinguishment of debt 0 0 0 (21,155)
Other income, net 2,116 16,461 11,956 31,240
Total other expense, net (47,628) (41,283) (157,039) (153,899)
Loss before income taxes (59,267) (186,482) (381,713) (537,748)
Provision for (benefit from) income taxes 1,229 (1,545) 1,229 555
Net loss (60,496) (184,937) (382,942) (538,303)
Net loss attributable to redeemable convertible noncontrolling interests and noncontrolling interests 3,786 2,194 9,973 6,235
Net loss attributable to BridgeBio (56,710) (182,743) (372,969) (532,068)
Preferred stock dividends and accretion 26,293 0 26,293 0
Net loss attributable to common stockholders of BridgeBio $ (83,003) $ (182,743) $ (399,262) $ (532,068)
Net loss per share attributable to common stockholders of BridgeBio, basic (in dollars per share) $ (0.42) $ (0.95) $ (2.04) $ (2.79)
Net loss per share attributable to common stockholders of BridgeBio, diluted (in dollars per share) $ (0.42) $ (0.95) $ (2.04) $ (2.79)
Weighted-average shares used in computing net loss per share attributable to common stockholders of BridgeBio, basic (in shares) 196,029,851 191,854,152 195,539,752 190,845,133
Weighted-average shares used in computing net loss per share attributable to common stockholders of BridgeBio, diluted (in shares) 196,029,851 191,854,152 195,539,752 190,845,133
Net product revenue        
Revenues:        
Total revenues, net $ 253,346 $ 108,111 $ 656,382 $ 216,351
Cost of revenues:        
Total cost of revenues 12,317 4,028 30,577 8,910
License and services revenue        
Revenues:        
Total revenues, net 79,314 8,311 89,537 125,441
Royalty revenue        
Revenues:        
Total revenues, net 20,511 4,278 45,443 6,106
Cost of license, services, and royalty revenue        
Cost of revenues:        
Total cost of revenues $ 8,133 $ 2,535 $ 14,858 $ 3,945
[1] Including related party amounts of $(2,942) and $(13,878) for the period from July 1, 2026 to August 16, 2026 and for the period from January 1, 2026 to August 16, 2026, respectively, and $(5,383) and $(5,560) for the three and nine months ended September 30, 2025, respectively (as described in Note 9)
[2] Including related party amounts of $13,878 and $5,560 for the period from January 1, 2026 to August 16, 2026 and for the nine months ended September 30, 2025, respectively (as described in Note 9).