BridgeBio Pharma, Inc. (BBIO) FY2025 10-K Annual Report

Filed: Feb 24, 2026
Health Care
Pharmaceutical PreparationsSEC EDGAR

BridgeBio Pharma, Inc. (BBIO) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 24, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

BridgeBio Pharma, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Biopharmaceutical development and commercialization with focus on genetic diseases and novel therapies
  • New emphasis on commercialization with FDA approval and US launch of Attruby (net product revenue $362.4M in 2025)
  • Strategic shift: Exclusive EU license of acoramidis to Bayer and sale of royalty rights generating $300M upfront cash
  • Increased SG&A expenses by $242.3M in 2025 supporting commercial launch of Attruby; R&D expenses decreased $54.5M due to program reprioritization
  • Raised $619.3M net from 0.75% convertible notes due 2033 in 2026, used partly for common stock repurchase and refinancing debt

Management Discussion & Analysis

  • No revenue figures or YoY changes disclosed in provided text
  • No profitability or margin percentages reported
  • No segment performance details included
  • No cash flow, buybacks, dividends, or capex figures stated
  • Forward-looking risks and uncertainties highlighted, no specific guidance or outlook provided

Risk Factors

  • Cybersecurity risk managed by multidisciplinary Incident Response Team led by Director of Security with 20 years IT experience
  • Audit Committee oversees enterprise risks, including privacy and cybersecurity, with bi-annual reviews involving legal and executive leadership
  • Board of Directors receives periodic updates on cybersecurity risks and risk management from executive leadership
  • Data Privacy and Security Committee meets quarterly to discuss cybersecurity risk management and reports to Audit Committee

BridgeBio Pharma, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$502M

+126.3% YoY

Net Income

-$725M

-35.3% YoY

Operating Margin

-104.2%

+16297bp YoY

Net Margin

-144.4%

+9705bp YoY

ROE

34.7%

-176bp YoY

Total Assets

$936M

+1.8% YoY

EPS (Diluted)

$-3.78

-31.3% YoY

Operating Cash Flow

-$446M

+14.4% YoY

Source: XBRL data from BridgeBio Pharma, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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