The Tip Desk

Biohaven Ltd.

Company Stats

Market Cap
$2.0B
as of Sep 30, 2026
Shares Outstanding
151.0M
Free Float
99.9%

Income Statement

Operating Income
-$745.4M
Net Income
-$738.8M
EBITDA
-$735.5M

Cash Flow

Free Cash Flow
-$610.2M
FCF Yield
-30.3%
Owner FCF Yield
-35.8%

Balance Sheet

Cash & Equivalents
$230.0M

Returns & Capital

SBC, 3Y Avg
$71.0M

Cash Flow by Year

YearRevenueFCFMargin
FY2025—-$610.2M—
FY2024—-$586.5M—
FY2023—-$334.8M—
FY2022—-$303.8M—
FY2021—-$146.8M—

Annual filing data through FY ended December 31, 2025; shares and float as of October 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage