The Tip Desk

Vanda Pharmaceuticals Inc.

Company Stats

Market Cap
$296.9M
as of Sep 30, 2026
Shares Outstanding
60.5M
Free Float
78.8%

Income Statement

Revenue
$216.1M
Operating Income
-$151.2M
Net Income
-$220.5M
EBITDA
-$150.1M
Revenue Growth, 3Y
-5.3%
FCF Margin, 3Y Avg
-17.6%
FCF Margin, Worst Year
-51.1%

Cash Flow

Free Cash Flow
-$110.4M
FCF Yield
-37.2%
Owner FCF Yield
-40.4%

Balance Sheet

Cash & Equivalents
$84.9M

Returns & Capital

SBC, 3Y Avg
$12.0M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$216.1M-$110.4M-51.1%
FY2024$198.8M-$16.2M-8.2%
FY2023$192.6M$12.4M6.4%
FY2022$254.4M$31.3M12.3%
FY2021$268.7M$63.7M23.7%

Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 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