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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›RARE›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Ultragenyx Pharmaceutical Inc. (RARE) financials

Income statement

Ultragenyx Pharmaceutical Inc. (RARE) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$133K$2.61M$51.5M$104M$271M$351M$363M$434M$560M$673M
Revenue growth—1863.9%1871.5%101.4%161.3%29.7%3.4%19.5%29.0%20.2%
Operating income-$248M-$329M-$371M-$424M-$330M-$382M-$649M-$569M-$536M-$535M
Operating margin-186471.4%-12593.5%-721.2%-409.0%-121.8%-108.6%-178.6%-131.1%-95.7%-79.5%
Net income-$246M-$302M-$198M-$403M-$187M-$454M-$707M-$607M-$569M-$575M
Net margin-184867.7%-11567.3%-383.7%-388.3%-68.8%-129.2%-194.7%-139.9%-101.6%-85.4%
EPS (diluted)-$6.21-$7.12-$3.97-$7.12-$3.07-$6.70-$10.12-$8.25-$6.29-$5.83

Cash flow

Ultragenyx Pharmaceutical Inc. (RARE) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$161M-$254M-$291M-$345M-$132M-$339M-$380M-$475M-$414M-$466M
Capital expenditures$10.2M$2.79M$4.08M$24.8M$43.9M$73.1M$116M$44.0M$7.00M$6.00M
Free cash flow-$171M-$257M-$295M-$370M-$176M-$412M-$497M-$519M-$421M-$472M

Balance sheet

Ultragenyx Pharmaceutical Inc. (RARE) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$161M$100M$113M$434M$714M$308M$133M$214M$174M$421M
Total assets$541M$491M$720M$1.14B$1.76B$1.52B$1.55B$1.49B$1.50B$1.53B
Total liabilities$66.7M$107M$111M$482M$605M$600M$1.19B$1.22B$1.24B$1.60B
Shareholders' equity$474M$383M$609M$654M$1.15B$923M$352M$275M$255M-$80.0M
Retained earnings-$531M-$833M-$1.03B-$1.43B-$1.62B-$2.07B-$2.78B-$3.39B-$3.96B-$4.53B
Shares (wtd avg diluted)41.2M44.2M50.9M57.8M60.8M67.8M69.9M73.5M90.5M98.6M

Every figure is extracted from Ultragenyx Pharmaceutical Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Ultragenyx Pharmaceutical Inc.'s annual revenue?
Ultragenyx Pharmaceutical Inc. (RARE) reported $673M of revenue for fiscal year 2025 — up 20.2% from $560M in FY2024, per its annual report filed with the SEC.
Is Ultragenyx Pharmaceutical Inc. profitable?
Not in FY2025 — RARE reported a net loss of $575M, per SEC filings.
What is Ultragenyx Pharmaceutical Inc.'s free cash flow?
-$472M in FY2025 (operating cash flow -$466M minus $6.00M of capital expenditures), from the SEC cash-flow statement.
Does RARE pay a dividend?
Ultragenyx Pharmaceutical Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full RARE analysis — verdict, score & filings →Is RARE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.