Flagship explainer

How BIOCRYST PHARMACEUTICALS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$875M · 100%Cost of revenue$19.1M · 2%Gross profit$856M · 98%Operating income$341M · 39%Income before tax$267M · 31%Income tax$3.5M · 0%Net income$264M · 30%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$875M100%
Cost of revenue$19.1M2%
$856M98%
$341M39%
Income before tax$267M31%
Income tax$3.5M0%
$264M30%
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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