Vanda Pharmaceuticals Inc.

Vanda Pharmaceuticals Inc.

VNDAยทNASDAQ

$6.09

-0.65%
HealthcareBiotechnology

Vanda Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies to address high unmet medical needs. The company's marketed products include HETLIOZ for the treatment of non-24-hour sleep-wake disorders; and Fanapt oral tablets for the treatment of schizophrenia. Its products under development include HETLIOZ (tasimelteon) for the treatment of jet lag disorder, smith-magenis syndrome, pediatric Non-24, autism spectrum, and delayed sleep phase disorder; Fanapt (iloperidone) for the treatment of bipolar disorder and a long acting injectable formulation program for the treatment of schizophrenia; and Tradipitant (VLY-686), a small molecule neurokinin-1 receptor (NK-1R) antagonist, for the treatment of atopic dermatitis, gastroparesis, and motion sickness. The company's products under development also comprise VTR-297, a small molecule histone deacetylase inhibitor for the treatment of hematologic malignancies and with potential use as a treatment for various oncology indications; VQW-765, a small molecule nicotinic acetylcholine receptor partial agonist for the treatment of psychiatric disorders; a portfolio of cystic fibrosis transmembrane conductance regulator activators and inhibitors for the treatment of dry eye and ocular inflammation, as well as BPO-27 for the treatment of secretory diarrhea disorders, including cholera; and VHX-896, the active metabolite of iloperidone. It markets its products in the United States, Europe, and Israel. Vanda Pharmaceuticals Inc. was incorporated in 2002 and is headquartered in Washington, the District of Columbia.

At a Glance

Live Snapshot
Market Cap$366.23M
EPS-3.7400
P/E Ratio-1.63
Earnings Date07/30/2026
3Y-442.0%
5Y-311.0%
10Y+1251.0%
3Y+90.0%
5Y-329.0%
10Y-1042.0%
3Y-496.0%
5Y-152.0%
10Y-137.0%
VNDA

Vanda Pharmaceuticals Inc. Cash Conversion Engine

VNDA ยท NASDAQ
Net Income-220.47M
Depreciation & Amortization-950.00K
Stock-Based Compensation9.47M
Change in Working Capital8.31M
Others12.76M
Capital Expenditures-998.00K
Free Cash Flow-110.44M

Cash Flow Quality Analysis

FCF Conversion Rate

50.1%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

-0.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-579.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$8.31M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Vanda Pharmaceuticals Inc. Cash Flow Statement

VNDA โ€ข NASDAQ

Vanda Pharmaceuticals Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-220.5M
-18.9M
2.5M
6.3M
33.2M
23.3M
115.6M
25.2M
-15.6M
-18M
-39.9M
20.2M
-20.3M
-27.7M
-9.8M
7.2M
-35.9M
-51.1M
-74.1M
-63.5M
-950K
8.1M
3M
2.7M
2.8M
2.9M
2.9M
3M
3M
11.9M
13.6M
2.8M
1.9M
2.1M
2M
1.8M
1.4M
530.8K
571.6K
575.4K
81.4M
-6.5M
-1.3M
1.1M
6.7M
6.2M
-87.8M
-2.2M
-426K
-104K
677K
174K
0.0
560K
1.8M
-1.8M
0.0
-174.0
-19.6M
-6.1B
9.5M
12.4M
14M
16.3M
15.4M
13.4M
13.5M
11.7M
10.5M
8.5M
8M
5.9M
4.6M
4.1M
5.5M
5M
11.2M
13.4M
19.6M
6.1B
12.8M
-4.4M
-4.7M
-507K
3.4M
1.7M
-1.3M
167K
587K
708K
657K
-77.6M
155K
1.8M
900K
-2.7M
138.1K
-235.2K
18.1M
5.8M
8.3M
-6.6M
-747K
6.1M
2.7M
4.3M
3.1M
-7.8M
-26K
-11.1M
29.5M
-33M
-26M
-25.9M
-28.8M
-20.4M
192.4M
-8.6M
3.8M
5.5M
-109.4M
-15.8M
12.8M
32M
64.2M
51.8M
45.9M
30M
-2M
-8.1M
12.4M
-81.6M
-39.6M
-44.9M
-28.4M
-10.9M
169.3M
-46M
-51.6M
-51.6M
INVESTING ACTIVITIES
-998K
-490K
-383K
-679K
-552K
-1.8M
-1M
-25.4M
-1.7M
-1.4M
-2.5M
-8.8M
-176K
-2M
-275K
(0.0)
-12M
-943.7K
-279.4K
-1.4M
(0.0)
-4.2M
-100.7M
(0.0)
(0.0)
(0.0)
(67.3M)
(25M)
(0.0)
(0.0)
(0.0)
-8M
(0.0)
(0.0)
(0.0)
(0.0)
(12M)
(0.0)
(0.0)
(0.0)
-112.4M
-364.8M
-512.6M
-349.3M
-420.5M
-346.6M
-394.5M
-282.4M
-148.1M
-165.4M
-193.1M
-93.3M
-65.6M
-60.9M
-160.2M
-202.4M
-11.4M
-14.8M
-139M
-102.2M
208.2M
352.1M
601.6M
399.9M
344.3M
306.9M
327.2M
198.1M
139.6M
156.8M
169M
89.8M
31.5M
108.6M
234.8M
46.8M
18.6M
58.8M
90.3M
111.8M
0.0
0.0
0.0
0.0
0.0
0.0
-67.3M
-25M
124K
-46K
-24.1M
8.2M
-34.1M
47.8M
-600K
66K
-12M
0.0
200.2K
0.0
(94.9M)
-17.4M
-12.1M
(49.9M)
-76.7M
-41.5M
-68.3M
-109.7M
-10.1M
-10.1M
-26.6M
-12M
-34.3M
(45.8M)
(73.7M)
-155.6M
-4.7M
(43.1M)
-48.8M
(8.2M)
FINANCING ACTIVITIES
0.0
0.0
0.0
734K
3.6M
5.6M
0.0
100.9M
0.0
0.0
0.0
87.3M
48.5M
0.0
0.0
0.0
0.0
0.0
111.3M
53.5M
-2M
-155K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-142.6K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-283K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-915K
0.0
0.0
0.0
0.0
0.0
6.3M
6.3M
5.3M
7.8M
4.1M
2.4M
1.4M
12K
25K
3.8M
1.6M
0.0
148.6K
0.0
-2.9M
-155K
0.0
734K
3.6M
5.6M
6.3M
107.1M
5.3M
7.8M
4.1M
89.7M
49.9M
12K
25K
3.8M
1.6M
0.0
111.4M
53.3M
CASH FLOW SUMMARY
126K
-163K
47K
315K
-85K
106K
-1K
-38K
40K
6K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
16.7K
-1.3K
22.0
-17.4M
-33.5M
792K
83M
-9M
16M
-16.1M
27.4M
-6.8M
-10.4M
-10.1M
-3.9M
-24M
849K
45.4M
-162.7M
166.2M
-2.9M
11M
9.9M
102.8M
136.3M
135.5M
52.1M
61.1M
45.1M
61.7M
34.3M
40.4M
50.8M
60.9M
64.8M
88.8M
87.9M
42.6M
205.3M
39.1M
41.9M
30.9M
21M
85.3M
102.8M
136.3M
135M
52.1M
61.1M
45.7M
61.7M
33.6M
40.4M
50.8M
60.9M
64.8M
88.8M
87.9M
42.6M
205.3M
39.1M
41.9M
30.9M
-110.4M
-16.2M
12.4M
31.3M
63.7M
50M
44.9M
4.6M
-3.6M
-9.5M
9.9M
-90.3M
-39.8M
-46.9M
-28.7M
-10.9M
157.3M
-46.9M
-51.9M
-53M

SEC Filings

VNDA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
June 04, 2026
2026
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
8-K

8-K 2026

N/A

April 02, 2026
March 29, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 20, 2026
2026
8-K

8-K 2026

N/A

February 19, 2026
February 18, 2026
2026
S-3

S-3

N/A

February 12, 2026
February 12, 2026
ย 
10-K

10-K 2025 FY

FY

February 12, 2026
December 31, 2025
2025
Showing 1 to 10 of 423 filings