$6.09
-0.65%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.
Weak cash conversion. Significant portion of earnings not converting to cashโreview working capital trends and capital intensity.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
VNDA โข NASDAQ
| Vanda Pharmaceuticals Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 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 |
VNDA - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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