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Neurocrine Biosciences — Jul 30, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000914475-26-000035
Open on SEC.gov ↗
Showing in the filing
GAAP R&D
“$1,275 - $1,325”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 16
INGREZZA® (valbenazine) 2026 Net Sales for FY2026
“$2.825 to $2.875 Billion”
IPR&D for FY2026
“$23”
INGREZZA Net Product Sales
“$2,700 - $2,800”
INGREZZA Net Product Sales for FY2026
“$2,825 - $2,875”
GAAP R&D
“$1,200 - $1,250”
GAAP R&D for FY2026
“$1,275 - $1,325”
Non-GAAP R&D
“$1,110 - $1,160”
Non-GAAP R&D for FY2026
“$1,140 - $1,190”
IPR&D
“$20”
GAAP SG&A
“$1,375 - $1,400”
GAAP SG&A for FY2026
“$1,575 - $1,600”
Non-GAAP SG&A
“$1,240 - $1,265”
Non-GAAP SG&A for FY2026
“$1,325 - $1,350”
GAAP Amortization of Acquired Intangible Ass…
“Not applicable”
GAAP Amortization of Acquired Intangible Ass… for FY2026
“$85 - $90”
R&D development milestones expense for FY2026
“approximately $25 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
• At June 30, 2026, the Company had cash, cash equivalents, and marketable securities totaling approximately $482 million. Full Year 2026 Financial Guidance (dollars in millions) Prior Updated INGREZZA Net Product Sales 1 $2,700 - $2,800 $2,825 - $2,875 GAAP R&D 2 $1,200 - $1,250 $1,275 - $1,325 Non-GAAP R&D 2, 3 $1,110 - $1,160 $1,140 - $1,190 IPR&D 4 $20 $23 GAAP SG&A 5 $1,375 - $1,400 $1,575 - $1,600 Non-GAAP SG&A 3, 5 $1,240 - $1,265 $1,325 - $1,350 GAAP Amortization of Acquired Intangible Assets 6 Not applicable $85 - $90 1. INGREZZA sales guidance reflects expected net product sales of INGREZZA in tardive dyskinesia and chorea associated with Huntington’s disease. 2. R&D guidance reflects the continued advancement of the Company’s pre-clinical and clinical portfolio including the Phase 3 programs for osavampator in MDD and direclidine in schizophrenia, and includes approximately $25 million of expense for development milestones related to our in-licensed product candidates. Development milestones are included in R&D guidance once achieved or deemed probable to achieve. 3. Non-GAAP guidance has been adjusted to exclude estimated non-cash stock-based compensation expense of approximately $115 million in R&D and $170 million in SG&A, including approximately $58 million related to the acceleration of vesting of equity awards for Soleno employees which vested in full upon the closing of the transaction, and acquisition, integration and divestiture-related expenses of app
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.