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-15.0%
5Y-13.0%
10Y+48.0%
3Y-3614.0%
5Y-1045.0%
10Y+1124.0%
3Y-442.0%
5Y-311.0%
10Y+1251.0%
Vanda Pharmaceuticals Inc.

Vanda Pharmaceuticals Inc. Profit Bridge

VNDA ยท NASDAQ
Revenue216.10M
Cost of Goods Sold (13.04M)
Gross Profit203.06M
Operating Expenses (354.23M)
Operating Income-151.17M
Interest Expense (0.00)
Other Income/Expense12.52M
Pretax Income-138.65M
Income Tax (81.83M)
Net Income-220.47M
Net Income
-220.47M

Profitability Analysis

Gross Margin

94.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-70.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-102.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Vanda Pharmaceuticals Inc. Income Statement

VNDA โ€ข NASDAQ

Vanda Pharmaceuticals Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
216.1M
198.8M
192.6M
254.4M
268.7M
248.2M
227.2M
193.1M
165.1M
146M
109.9M
50.2M
33.9M
32.7M
31.3M
35.2M
4.5M
0.0
0.0
0.0
GROSS PROFIT
(13M)
(11.3M)
(14.8M)
(24.3M)
(25.6M)
(23.4M)
(24.5M)
(20.5M)
(17.8M)
(24.7M)
(23.5M)
(1.6M)
(0.0)
(129K)
(0.0)
(4.4M)
(2.9M)
(0.0)
(0.0)
(0.0)
203.1M
187.5M
177.8M
230.1M
243.1M
224.8M
202.7M
172.6M
147.2M
121.3M
86.5M
48.6M
33.9M
32.6M
31.3M
30.8M
1.7M
0.0
0.0
0.0
OPERATING INCOME
(354.2M)
(228.1M)
(191.8M)
(223.8M)
(200.9M)
(197.6M)
(179.9M)
(150.9M)
(164.1M)
(139.9M)
(126.6M)
(106.1M)
(54.3M)
(60.8M)
(42M)
(22.5M)
(37.6M)
(52.8M)
(80M)
(65.7M)
(238M)
(146.4M)
(112.9M)
(136.5M)
(124M)
(140.5M)
(129.7M)
(105.8M)
(123.8M)
(99.8M)
(84.5M)
(84.6M)
(24.6M)
(13.9M)
(11.5M)
(10.1M)
(23.7M)
(28.9M)
(32.8M)
(13.6M)
(109.3M)
(74.4M)
(76.8M)
(85.8M)
(75.4M)
(55.6M)
(48.6M)
(43.6M)
(38.5M)
(29.2M)
(29.1M)
(19.2M)
(28.2M)
(45.4M)
(29M)
(12.3M)
(13.9M)
(23.9M)
(47.2M)
(52.1M)
-151.2M
-40.7M
-14M
6.3M
42.2M
27.2M
22.8M
21.7M
-16.9M
-18.6M
-40.2M
20.1M
-20.4M
-28.2M
-10.7M
8.3M
-35.9M
-52.8M
-80M
-65.7M
PRE-TAX INCOME
(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)
(97.0)
(0.0)
(0.0)
(4.8K)
0.0
0.0
0.0
0.0
199K
4.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
461K
431K
89K
0.0
0.0
2.2B
(7M)
(7.3M)
(2.1M)
(1.5M)
(1.5M)
(1.5M)
(1.5M)
(3.6M)
(1.5M)
(665K)
(320K)
(124K)
(145K)
(561K)
(1.5M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
12.5M
17.7M
20.3M
5M
199K
4.4M
6.2M
3.6M
1.5M
665K
320K
124K
145K
1.5M
461K
431K
89.1K
1.8M
6M
2.2M
-138.6M
-22.9M
6.3M
11.3M
42.4M
31.7M
29M
25.3M
-15.4M
-17.9M
-39.9M
20.2M
-20.3M
-27.7M
-10.2M
9.3M
-35.9M
-51.1M
-74.1M
-63.5M
NET INCOME
(81.8M)
-4M
(3.8M)
(5M)
(9.2M)
(8.3M)
-86.5M
(138K)
(136K)
(104K)
(0.0)
(0.0)
(0.0)
(0.0)
-444K
(2.1M)
(0.0)
(0.0)
(9.9K)
(549.0)
-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

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