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BioMarin Pharmaceutical — Aug 6, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001048477-26-000015
Open on SEC.gov ↗
Showing in the filing
Cost reductions from Amicus acquisition (GAAP basis)
“approximately $280 million”
Period
FY2028
Measure
Company-defined measure
Source
Prose
All guidance in this release · 22
VOXZOGO full-year 2026 revenue (CEO quote) for FY2026
“at least $1 billion”
Peak revenue for GALAFOLD for FY2030
“approximately $1.4 billion”
Peak revenue for POMBILITI + OPFOLDA for FY2030
“approximately $1.2 billion”
Cost reductions from Amicus acquisition (GAA… for FY2028
“approximately $280 million”
Cost reductions on a GAAP basis for FY2028
“approximately $280 million”
Cost reductions from Amicus acquisition (Non… for FY2028
“approximately $220 million”
GALAFOLD and POMBILITI + OPFOLDA, combined, … for FY2030
“over 60%”
Gross leverage target for FY2027
“below 2.5 times”
Interest expense associated with the financing
“approximately $200 million on an annualized basis”
Interest expense related to Amicus financing…
“approximately $200 million”
Total Revenues for FY2026
“$3,875 to $3,925”
Total Revenues Midpoint Growth (Y/Y) for FY2026
“21%”
Metabolic Conditions for FY2026
“$2,725 to $2,775”
Metabolic Conditions Midpoint Growth (Y/Y) for FY2026
“31%”
VOXZOGO Revenue for FY2026
“$1,000 to $1,050”
VOXZOGO Midpoint Growth (Y/Y) for FY2026
“11%”
Other Revenues for FY2026
“$100 to $125”
Metabolic Conditions Revenue for FY2026
“Unchanged”
Non-GAAP Diluted EPS for FY2026
“$4.90 to $5.10”
Non-GAAP Diluted EPS Midpoint Growth (Y/Y) for FY2026
“59%”
Weighted-Average Diluted Shares Outstanding … for FY2026
“approximately 200 million”
Combined company tax rate assumption for Non… for FY2026
“22%”
Exhibit 99.1 · the passage around this item
… earlier in the release
In the U.S., the majority of new patient starts were under two years of age, and the region drove approximately 25% of total VOXZOGO revenue during the quarter. Value Commitment 2 • As part of the acquisition of Amicus, which closed on April 27, 2026, the company identified approximately $280 million of cost reductions on a GAAP basis, and approximately $220 million of cost reductions on a Non-GAAP basis, expected to be fully realized in 2028, representing an approximately 50% reduction from Amicus-reported 2025 GAAP and Non-GAAP operating expenses, respectively. Synergies reflect a reduction of Amicus’ legacy labor costs and external spend and are expected to be largely driven by general and administrative functions, with the large majority of sales and marketing capabilities retained to support continued commercial growth. • GALAFOLD and POMBILITI + OPFOLDA, combined, are expected to reach over 60% Non-GAAP Operating Margin by 2030. • The company is targeting gross leverage below 2.5 times by mid-year 2027, an acceleration by approximately one year of prior timeline guidance provided at deal announcement, supported by profitability growth of the combined company. Second Quarter 2026 Financial Highlights • Total Revenues for the second quarter of 2026 were $990 million, an increase of $165 million compared to the same period in 2025, primarily driven by revenues from GALAFOLD and POMBILITI + OPFOLDA, which were acquired from Amicus on April 27, 2026, as well as new patients i
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.