Madrigal Pharmaceuticals Inc
NASDAQ:MDGL
Income Statement
Earnings Waterfall
Madrigal Pharmaceuticals Inc
Income Statement
Madrigal Pharmaceuticals Inc
| Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
1
|
2
|
2
|
3
|
3
|
3
|
2
|
2
|
2
|
0
|
0
|
4
|
2
|
2
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
4
|
6
|
8
|
10
|
13
|
14
|
15
|
15
|
15
|
14
|
14
|
18
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
2
+186%
|
1
-30%
|
3
+93%
|
3
-4%
|
6
+123%
|
11
+91%
|
140
+1 163%
|
144
+3%
|
144
0%
|
143
-1%
|
16
-89%
|
15
-5%
|
12
-20%
|
10
-17%
|
8
-17%
|
8
-7%
|
7
-13%
|
5
-21%
|
4
-33%
|
0
-97%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
15
N/A
|
77
+425%
|
180
+135%
|
317
+76%
|
516
+62%
|
741
+44%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(6)
|
(11)
|
(19)
|
(35)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
14
N/A
|
74
+429%
|
174
+135%
|
307
+76%
|
496
+62%
|
705
+42%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(62)
|
(59)
|
(60)
|
(62)
|
(63)
|
(67)
|
(70)
|
(75)
|
(87)
|
(96)
|
(103)
|
(94)
|
(79)
|
(64)
|
(50)
|
(50)
|
(51)
|
(52)
|
(51)
|
(52)
|
(52)
|
(53)
|
(56)
|
(56)
|
(57)
|
(61)
|
(67)
|
(75)
|
(82)
|
(88)
|
(90)
|
(90)
|
(87)
|
(84)
|
(81)
|
(41)
|
(22)
|
(3)
|
16
|
(5)
|
(18)
|
(25)
|
(31)
|
(36)
|
(31)
|
(32)
|
(33)
|
(32)
|
(35)
|
(41)
|
(52)
|
(67)
|
(80)
|
(95)
|
(115)
|
(143)
|
(177)
|
(207)
|
(222)
|
(233)
|
(238)
|
(243)
|
(247)
|
(256)
|
(273)
|
(294)
|
(314)
|
(331)
|
(349)
|
(380)
|
(454)
|
(544)
|
(622)
|
(672)
|
(732)
|
(806)
|
(1 013)
|
|
| Selling, General & Administrative |
(8)
|
(9)
|
(10)
|
(12)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(16)
|
(16)
|
(17)
|
(16)
|
(15)
|
(16)
|
(15)
|
(8)
|
(5)
|
(1)
|
3
|
(1)
|
(7)
|
(9)
|
(11)
|
(12)
|
(8)
|
(8)
|
(8)
|
(9)
|
(12)
|
(15)
|
(19)
|
(24)
|
(23)
|
(23)
|
(21)
|
(20)
|
(21)
|
(22)
|
(24)
|
(29)
|
(32)
|
(37)
|
(40)
|
(42)
|
(45)
|
(48)
|
(55)
|
(61)
|
(76)
|
(108)
|
(173)
|
(260)
|
(340)
|
(435)
|
(522)
|
(614)
|
(715)
|
|
| Research & Development |
(54)
|
(51)
|
(50)
|
(50)
|
(49)
|
(52)
|
(55)
|
(59)
|
(72)
|
(82)
|
(88)
|
(80)
|
(65)
|
(51)
|
(39)
|
(38)
|
(40)
|
(40)
|
(39)
|
(40)
|
(40)
|
(42)
|
(44)
|
(45)
|
(46)
|
(49)
|
(54)
|
(60)
|
(66)
|
(72)
|
(73)
|
(74)
|
(73)
|
(68)
|
(67)
|
(33)
|
(17)
|
(2)
|
13
|
(4)
|
(11)
|
(16)
|
(20)
|
(25)
|
(23)
|
(24)
|
(25)
|
(24)
|
(23)
|
(25)
|
(33)
|
(43)
|
(56)
|
(72)
|
(93)
|
(122)
|
(156)
|
(185)
|
(197)
|
(204)
|
(206)
|
(205)
|
(207)
|
(214)
|
(228)
|
(245)
|
(260)
|
(270)
|
(273)
|
(272)
|
(281)
|
(284)
|
(282)
|
(237)
|
(210)
|
(193)
|
(298)
|
|
| Operating Income |
(62)
N/A
|
(59)
+5%
|
(60)
-1%
|
(62)
-4%
|
(63)
-1%
|
(66)
-5%
|
(68)
-2%
|
(73)
-8%
|
(84)
-15%
|
(94)
-11%
|
(98)
-4%
|
(83)
+15%
|
62
N/A
|
81
+31%
|
93
+16%
|
93
-1%
|
(36)
N/A
|
(37)
-4%
|
(39)
-5%
|
(42)
-8%
|
(44)
-5%
|
(45)
-4%
|
(49)
-8%
|
(51)
-4%
|
(53)
-5%
|
(61)
-14%
|
(67)
-9%
|
(75)
-12%
|
(82)
-10%
|
(88)
-7%
|
(90)
-3%
|
(90)
+0%
|
(87)
+3%
|
(84)
+4%
|
(81)
+3%
|
(41)
+50%
|
(22)
+45%
|
(3)
+86%
|
16
N/A
|
(5)
N/A
|
(18)
-259%
|
(25)
-38%
|
(31)
-21%
|
(36)
-19%
|
(31)
+15%
|
(32)
-4%
|
(33)
-3%
|
(32)
+2%
|
(35)
-8%
|
(41)
-16%
|
(52)
-27%
|
(67)
-29%
|
(80)
-19%
|
(95)
-19%
|
(115)
-21%
|
(143)
-24%
|
(177)
-24%
|
(207)
-17%
|
(222)
-7%
|
(233)
-5%
|
(238)
-2%
|
(243)
-2%
|
(247)
-2%
|
(256)
-3%
|
(273)
-7%
|
(294)
-8%
|
(314)
-7%
|
(331)
-5%
|
(349)
-5%
|
(380)
-9%
|
(454)
-19%
|
(530)
-17%
|
(548)
-3%
|
(498)
+9%
|
(425)
+15%
|
(310)
+27%
|
(307)
+1%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
2
|
2
|
3
|
2
|
3
|
3
|
2
|
2
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
1
|
1
|
2
|
5
|
8
|
10
|
12
|
12
|
11
|
10
|
8
|
6
|
4
|
3
|
2
|
1
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(1)
|
1
|
1
|
7
|
10
|
20
|
29
|
32
|
34
|
28
|
21
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
| Pre-Tax Income |
(60)
N/A
|
(57)
+5%
|
(57)
0%
|
(60)
-4%
|
(61)
-2%
|
(64)
-5%
|
(65)
-2%
|
(71)
-9%
|
(82)
-16%
|
(93)
-13%
|
(99)
-6%
|
(84)
+14%
|
60
N/A
|
79
+32%
|
93
+18%
|
93
-1%
|
(36)
N/A
|
(38)
-5%
|
(40)
-6%
|
(43)
-9%
|
(45)
-6%
|
(47)
-4%
|
(51)
-8%
|
(53)
-4%
|
(55)
-4%
|
(63)
-13%
|
(68)
-9%
|
(77)
-12%
|
(84)
-10%
|
(90)
-7%
|
(93)
-3%
|
(93)
+1%
|
(90)
+3%
|
(86)
+4%
|
(83)
+3%
|
(44)
+48%
|
(25)
+42%
|
(7)
+73%
|
12
N/A
|
(8)
N/A
|
(21)
-147%
|
(26)
-29%
|
(31)
-16%
|
(36)
-18%
|
(30)
+16%
|
(31)
-3%
|
(32)
-1%
|
(30)
+6%
|
(30)
0%
|
(33)
-10%
|
(42)
-27%
|
(55)
-32%
|
(68)
-24%
|
(84)
-24%
|
(105)
-25%
|
(134)
-28%
|
(171)
-27%
|
(202)
-18%
|
(219)
-8%
|
(231)
-6%
|
(236)
-2%
|
(242)
-2%
|
(247)
-2%
|
(256)
-4%
|
(274)
-7%
|
(295)
-8%
|
(315)
-7%
|
(330)
-5%
|
(347)
-5%
|
(374)
-8%
|
(444)
-19%
|
(510)
-15%
|
(519)
-2%
|
(466)
+10%
|
(392)
+16%
|
(282)
+28%
|
(289)
-3%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(60)
|
(57)
|
(57)
|
(60)
|
(61)
|
(64)
|
(65)
|
(71)
|
(82)
|
(93)
|
(99)
|
(84)
|
60
|
79
|
93
|
93
|
(36)
|
(38)
|
(40)
|
(43)
|
(45)
|
(47)
|
(51)
|
(53)
|
(55)
|
(63)
|
(68)
|
(77)
|
(84)
|
(90)
|
(93)
|
(93)
|
(90)
|
(86)
|
(83)
|
(44)
|
(25)
|
(7)
|
12
|
(8)
|
(21)
|
(26)
|
(31)
|
(36)
|
(30)
|
(31)
|
(32)
|
(30)
|
(30)
|
(33)
|
(42)
|
(55)
|
(68)
|
(84)
|
(105)
|
(134)
|
(171)
|
(202)
|
(219)
|
(231)
|
(236)
|
(242)
|
(247)
|
(256)
|
(274)
|
(295)
|
(315)
|
(330)
|
(347)
|
(374)
|
(444)
|
(510)
|
(519)
|
(466)
|
(392)
|
(282)
|
(289)
|
|
| Net Income (Common) |
(61)
N/A
|
(59)
+4%
|
(118)
-99%
|
(120)
-2%
|
(120)
0%
|
(122)
-2%
|
(65)
+47%
|
(71)
-9%
|
(82)
-16%
|
(93)
-13%
|
(99)
-6%
|
(84)
+14%
|
60
N/A
|
79
+32%
|
93
+18%
|
93
-1%
|
(36)
N/A
|
(38)
-5%
|
(40)
-6%
|
(43)
-9%
|
(45)
-6%
|
(47)
-4%
|
(51)
-8%
|
(53)
-4%
|
(55)
-4%
|
(63)
-13%
|
(68)
-9%
|
(77)
-12%
|
(84)
-10%
|
(90)
-7%
|
(93)
-3%
|
(93)
+1%
|
(90)
+3%
|
(86)
+4%
|
(83)
+3%
|
(44)
+48%
|
(25)
+42%
|
(7)
+73%
|
12
N/A
|
(8)
N/A
|
(21)
-147%
|
(26)
-29%
|
(31)
-16%
|
(36)
-18%
|
(30)
+16%
|
(31)
-3%
|
(32)
-1%
|
(30)
+6%
|
(30)
0%
|
(33)
-10%
|
(42)
-27%
|
(55)
-32%
|
(68)
-24%
|
(84)
-24%
|
(105)
-25%
|
(134)
-28%
|
(171)
-27%
|
(202)
-18%
|
(219)
-8%
|
(231)
-6%
|
(236)
-2%
|
(242)
-2%
|
(247)
-2%
|
(256)
-4%
|
(274)
-7%
|
(295)
-8%
|
(315)
-7%
|
(330)
-5%
|
(347)
-5%
|
(374)
-8%
|
(444)
-19%
|
(510)
-15%
|
(519)
-2%
|
(466)
+10%
|
(392)
+16%
|
(282)
+28%
|
(289)
-3%
|
|
| EPS (Diluted) |
-102.16
N/A
|
-98.5
+4%
|
-147.25
-49%
|
-119.6
+19%
|
-119.8
0%
|
-135.66
-13%
|
-64.8
+52%
|
-70.8
-9%
|
-82.2
-16%
|
-92.6
-13%
|
-98.5
-6%
|
-84.3
+14%
|
60.09
N/A
|
79.09
+32%
|
84.81
+7%
|
77.25
-9%
|
-29.75
N/A
|
-31.25
-5%
|
-33
-6%
|
-30.71
+7%
|
-32.42
-6%
|
-36.46
-12%
|
-31.87
+13%
|
-33.18
-4%
|
-32.58
+2%
|
-36.94
-13%
|
-34.19
+7%
|
-38.29
-12%
|
-42.05
-10%
|
-45.1
-7%
|
-38.79
+14%
|
-34.29
+12%
|
-30.03
+12%
|
-30.78
-2%
|
-26.9
+13%
|
-3.79
+86%
|
-3.47
+8%
|
-1.14
+67%
|
60.5
N/A
|
-41.5
N/A
|
-2.32
+94%
|
-5.07
-119%
|
-2.54
+50%
|
-3
-18%
|
-2.46
+18%
|
-2.54
-3%
|
-2.23
+12%
|
-2.06
+8%
|
-1.94
+6%
|
-2.22
-14%
|
-2.7
-22%
|
-3.57
-32%
|
-4.4
-23%
|
-5.45
-24%
|
-6.81
-25%
|
-8.71
-28%
|
-11.09
-27%
|
-13.12
-18%
|
-13.83
-5%
|
-13.93
-1%
|
-14.24
-2%
|
-14.65
-3%
|
-14.43
+2%
|
-14.95
-4%
|
-16.03
-7%
|
-17.27
-8%
|
-17.29
0%
|
-18.02
-4%
|
-18.77
-4%
|
-19.99
-6%
|
-22.21
-11%
|
-23.84
-7%
|
-23.85
0%
|
-21.9
+8%
|
-17.72
+19%
|
-12.69
+28%
|
-12.86
-1%
|
|