SequelSEC

Mirum Pharmaceuticals, Inc. MIRM

Pharmaceutical Preparations · CIK 0001759425 · Fiscal year ends 1231

Revenue
$521.31M
Fiscal year ended 2025-12-31
Operating income
-$22.14M
Fiscal year ended 2025-12-31
Free cash flow
$54.87M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$2.30BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$38.12Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue4.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity7.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Pharmaceutical Preparations filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue0.2%15th
FCF margin10.5%80th
Operating margin-4.2%77th
Revenue YoY growth54.7%76th
Net margin-4.5%74th
Current ratio2.67x36th
SBC / revenue13.7%40th

Mirum Pharmaceuticals, Inc. (MIRM) reported revenue of $521.31M and net income of -$23.36M for the fiscal year ended 2025-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from Mirum Pharmaceuticals, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Pharmaceutical Preparations.

Income

Mirum Pharmaceuticals, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Revenue$521.31M$336.89M$186.37M$77.06M$19.14M$0
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-$22.14M-$87.61M-$109.15M-$131.22M-$173.41M-$104.30M
Net income-$23.36M-$87.94M-$163.42M-$135.66M-$83.99M-$103.27M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 50.20Mshares 47.52Mshares 40.89Mshares 33.98Mshares 30.32MUnavailable
Pretax income-$21.43M-$86.91M-$162.42M-$142.07M-$83.95M-$103.26M
Income tax expense$1.94M$1.03M$991.00K-$6.41M$37.00K$6.00K
Diluted EPS$-0.47$-1.85$-4.00$-4.02$-2.77Unavailable
Selling, general & administrative$257.03M$202.22M$145.88M$89.07M$59.22MUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailable$59.22M$22.69M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Mirum Pharmaceuticals, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash & equivalents$296.68M$222.50M$286.33M$28.00M$31.34M$142.09M
Total assets$842.81M$670.75M$646.62M$352.91M$294.65M$240.86M
Current assets$549.68M$392.79M$387.54M$190.22M$166.59M$236.35M
Total liabilities$528.12M$445.11M$397.95M$210.87M$174.44M$68.77M
Current liabilities$205.80M$126.55M$87.06M$64.73M$42.60M$18.46M
Total equity incl. NCI$314.69M$225.64M$248.67M$142.04M$120.21M$172.10M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$24.89M$22.40M$22.31M$5.56M$1.51M$0
Accounts receivable$123.33M$78.29M$67.97M$23.99M$3.27M$0
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$9.61M$14.62M$7.42M$8.69M$9.17M$3.15M

Cash flow

Mirum Pharmaceuticals, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Operating cash flow$55.83M$10.32M-$70.94M-$120.14M-$132.76M-$89.08M
Capital expenditures$954.00K$993.00K$109.00K$278.00K$24.00K$225.00K
Investing cash flow-$23.95M-$90.12M-$107.20M$7.70M$48.55M$37.87M
Financing cash flow$40.14M$17.70M$336.60M$109.09M$73.47M$181.29M
Net change in cash$75.24M-$63.40M$158.32M-$3.34M-$10.75M$130.12M
Stock-based compensation$71.42M$48.44M$35.02M$27.01M$23.09M$12.55M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$24.24M$23.63M$10.83M$3.24M$595.00K$305.00K

Derived

Mirum Pharmaceuticals, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Free cash flow$54.87M$9.33M-$71.05M-$120.41M-$132.78M-$89.30M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin-4.2%-26.0%-58.6%-170.3%-906.1%Unavailable
FCF margin10.5%2.8%-38.1%-156.3%-693.8%Unavailable
SBC / revenue13.7%14.4%18.8%35.0%120.6%Unavailable
Current ratio2.67x3.10x4.45x2.94x3.91x12.80x
Revenue YoY growth54.7%80.8%141.8%302.7%UnavailableUnavailable
Net margin-4.5%-26.1%-87.7%-176.0%-438.9%Unavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.2%0.3%0.1%0.4%0.1%Unavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MIRM in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-07View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.