MDGLNasdaqPharmaceutical PreparationsFiscal year ends December 31

MADRIGAL PHARMACEUTICALS, INC.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$447.09−2.65 (-0.59%)

Close on Oct 19, 2026

Market cap: $13.03B
P/E (TTM): –
Dividend yield: –

MADRIGAL PHARMACEUTICALS, INC. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	958	180	0	0	0	0	0	0	0	–	–	–	–	0.15	–	–	–
Cost of Revenue	–	6.23	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Gross Profit	–	174	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Research & Development	389	237	272	245	205	185	72	25	24	16	2.43	68	72	49	41	40	51
Selling, General & Admin	814	435	108	48	–	–	–	–	–	–	–	–	–	–	–	–	–
General & Administrative	–	–	108	48	37	22	23	15	7.67	9.29	0.81	16	16	12	12	11	13
Advertising Expenses	145	53	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Expenses	1,259	678	380	294	242	207	95	41	32	25	3.23	84	88	61	53	52	65
Total Costs & Expenses	–	678	380	294	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Income	-300	-498	-380	-294	-242	-207	-95	-41	-32	-25	-3.23	-84	-88	-61	-45	-37	79
Interest Expense	22	15	13	3.96	0	0	–	–	–	1.21	3.61	–	–	–	–	–	–
Interest & Investment Income	37	47	20	2.19	0.36	4.33	11	7.67	0.56	0.05	–	–	–	–	–	–	–
Other Non-Operating Income	-0.46	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Merger & Restructuring Charges	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.24
Asset Impairment Charges	–	–	–	–	–	–	–	–	–	–	0	0	0	0	–	–	–
Income Tax Expense	0	0	0	0	0	0	0	0	–	–	–	–	–	–	–	–	–
Net Income incl. Noncontrolling Interests	-288	-466	-374	-295	-242	-202	-84	-33	-31	-26	–	–	–	–	–	–	–
Net Income	-288	-466	-374	-295	-242	-202	-84	-33	-31	-26	–	–	–	–	–	–	–
Net Income to Common	–	–	–	–	–	–	–	–	-31	-26	-6.84	-86	-90	-63	-47	-37	79
EPS (Basic)(per share)	-10.15	-17.31	-17.33	-17.23	-14.63	-13.09	-5.45	-2.22	-2.54	-5.07	-40.03	-37.41	-54.61	-45.58	-43.00	-39.99	100.19
EPS (Diluted)(per share)	-10.15	-17.31	-17.33	-17.23	-14.63	-13.09	-5.45	-2.22	-2.54	-5.07	-40.03	-37.41	-54.61	-45.58	-43.00	-39.99	99.76
Shares Outstanding (Basic, Weighted)(shares)	28	27	22	17	17	15	15	15	12	5.20	0.17	2.29	1.65	1.38	1.10	0.94	0.79
Shares Outstanding (Diluted, Weighted)(shares)	28	27	22	17	17	15	15	15	12	5.20	0.17	2.29	1.65	1.38	1.10	0.94	0.79
EBITDA	-299	-497	-380	-293	-242	-206	-95	-41	-32	-25	-2.57	-83	-87	-60	-44	-35	82

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: -25.1%
Net margin: -25.3%
Return on equity, FY2025: -42.5%

Financial strength

Current ratio: 3.20
Debt to equity: 0.65
Debt to assets: 27.4%
Cash to current liabilities: 78.2%

Valuation

P/E ratio: –
Price to sales: 10.15
Price to book: 24.88
Dividend yield: –