Flagship explainer

How BioMarin Pharmaceutical 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$3.2B · 100%Cost of revenue$717M · 22%Gross profit$2.5B · 78%Operating income$409M · 13%Income before tax$482M · 15%Income tax$134M · 4%Net income$349M · 11%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
$3.2B100%
Cost of revenue$717M22%
$2.5B78%
$409M13%
Income before tax$482M15%
Income tax$134M4%
$349M11%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full BioMarin Pharmaceutical Inc analysis at Buy Like Buffett