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BioMarin Pharmaceutical — Oct 7, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001048477-25-000101
Open on SEC.gov ↗
Showing in the filing
Acquired IPR&D charges (pre-tax)
“approximately $221 million”
Period
Q3 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 3
Acquired IPR&D charges (pre-tax) for Q3 FY2025
“approximately $221 million”
Charge to GAAP Diluted earnings per share (E… for Q3 FY2025
“approximately $1.10”
Non-GAAP Diluted EPS impact from acquired IP… for Q3 FY2025
“approximately $1.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
(BioMarin) expects that its reported financial results calculated in accordance with U.S. generally accepted accounting principles (GAAP) and its Non-GAAP financial results for the third quarter of 2025 will include acquired IPR&D charges of approximately $221 million on a pre-tax basis, representing a charge of approximately $1.10 to both GAAP Diluted earnings per share (EPS) and Non-GAAP Diluted EPS. BioMarin’s results for the quarter ended September 30, 2025, have not been finalized and are subject to BioMarin’s financial statement closing procedures. There can be no assurance that actual results will not differ from the preliminary estimates described herein. The preliminary, unaudited financial information in this Current Report on Form 8-K (this Report) does not present all information necessary for a complete understanding of BioMarin’s results for the quarter ended September 30, 2025, and should not be viewed as a substitute for full financial statements prepared in accordance with GAAP. As previously disclosed, while acquired IPR&D charges may be incurred upon execution of acquisitions, collaborations, licensing agreements, and other business development transactions, BioMarin does not forecast acquired IPR&D charges at the time of execution of such agreements due to the uncertainty of the future occurrence, magnitude, and timing of these transactions in any given period. The information in this Report shall not be deemed “filed” for p
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.