Invesaro

Stocks MYGN Financial statements

Financial statements

MYRIAD GENETICS INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MYRIAD GENETICS INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2018FY2019FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Revenue771744851639557691678753838825
Cost of revenue145202236252248
Gross profit626476517585577
Research and development74.470.885.977.273.381.985.488.7113107
Selling, general and administrative440435557507497538515573
Selling and marketing267289284281
General and administrative248284276257
Operating expenses617774709964
Operating income441227.6-232-290-191-141-257-124-387
Interest expense63.21210.811.26.63.22.92.810.5
Interest income1.21.83.2320.72.62.51.71.8
Other non-operating income-7.8-1.8-7.68.46.11330-4.80-7.9
Pre-tax income36.21200-223-284-57.1-141-262-124-395
Income tax19-13-4.4-23.7-59.9-29.9-28.61.13.8-29.2
Net income to minority interests-0.2-0.2-0.2-0.1-0.100
Net income17.41334.6-200-224-27.2-112-263-127-366
EBITDA92.317680.6-160-128-87.9-196-62.3-334
EPS, basic0.251.920.06-2.69-2.99-0.35-1.39-3.18-1.41-3.95
EPS, diluted0.251.850.06-2.69-2.99-0.35-1.39-3.18-1.41-3.95
Shares, basic (weighted)68.369.473.574.374.87880.682.890.692.6
Shares, diluted (weighted)68.8727674.374.87880.682.890.692.6

Balance sheet

FY2017FY2018FY2019FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents10211193.216411725756.9132102150
Short-term investments48.369.743.754.133.781.4588.80
Receivables89.299.513468.189.591.3102114121115
Inventory42.234.331.429.127.115.320.12227.530.6
Other current assets13.72120.419.430.525.1
Total current assets302328349332389485275314298333
Property, plant and equipment51.143.257.33740.743.583.4119117114
Lease right-of-use assets06659.781.810461.65549.4
Goodwill31631941732832923928728728651.6
Intangible assets492455685605577404380350262153
Long-term investments48.530.754.937215954.80
Other non-current assets002.38.315.515.48.55.6
Total assets1,2091,1751,5631,4051,4191,3211,1991,1471,028707
Accounts payable222633.321.720.529.628.825.832.330
Accrued liabilities65.668.382.37979.116294.311411996.9
Deferred revenue2.62.62.232.832.75.20.60.5
Short-term debt00
Total current liabilities218102118147146204137156164134
Long-term debt99.19.32342242250038.539.6120
Lease liabilities056.950.679.313197.487.983
Other non-current liabilities7.26.318.2814.75.61841.32.21.9
Total liabilities441209474486538353313363327339
Total debt99.19.32342242250038.539.6120
Paid-in capital8519151,0681,0971,1101,2261,2601,4161,4581,489
Retained earnings-79.254.125.6-174-227-254-366-630-757-1,123
Other comprehensive income-5.5-4.1-5.4-5.2-2.3-5.1-8.9-3.7-0.80.8
Shareholders' equity7689661,089918881968886783701368
Minority interests-0.400000
Total equity7679661,089918881968886783701368
Total liabilities and equity1,2091,1751,5631,4051,4191,3211,1991,1471,028707
Shares outstanding68.470.673.574.775.48081.289.991.393.5

Cash flow statement

FY2017FY2018FY2019FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Net income17.21334.4-200-224-27.2-112-263-127-366
Depreciation and amortization48.354.4737262.852.761.961.253.7
Stock-based compensation29.927.133.525.236.338.140.749.835.2
Deferred income tax1.1-22.919.7-55.7-31.7-30.5-4.3-2.31.4
Change in receivables0.5-9.1-18.264-8.8-10.3-12.5-8.76.2
Change in inventory-1.27.981.61.6-2.9-1.8-6.2-3.2
Change in payables-341.1-10.79.2-3.5-3.74.7-1.4
Cash from operations10611683.760.718.6-106-111-8.71.8
Capital expenditures-6.1-8.4-8.6-10.2-18-45.3
Acquisitions-2160-27900-57.200
Purchases of investments-87.5-80.9-78.5-60.8-148-10300
Sales and maturities of investments2.677.779.23.48.328.490.490
Cash from investing-146-11.6-28619.3274-77.531.9-11.9-27.4
Share buybacks-31.60-5000
Cash from financing71.8-95182-10-151-8153-7.464.2
Exchange rate effect-0.82.70.5-0.6-0.60.6-10.8
Net change in cash33.98.5-17.770.5142-19274.5-2939.4
Free cash flow10010875.150.50.6-152
Interest paid5.6311.69.54.401.41.98.4
Income taxes paid12.311.76.514.61.81.92.7

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $4.17 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin68.8%Gross profit / revenue.
Operating margin-12.2%Operating income / revenue.
EBITDA margin-7.9%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-13.9%Pre-tax income / revenue.
Net margin-14.0%Net income / revenue.
Operating cash flow margin1.0%Cash from operations / revenue.
Return on equity (ROE)-37.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-17.6%Net income / average total assets.
Return on invested capital (ROIC)-25.2%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue13.1%Research and development expense / revenue.
Stock-based pay / revenue3.6%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue4.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-1.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y6.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y8.2%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-1.5%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y6.6%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-47.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-25.4%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-16.0%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-31.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-16.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-13.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y2.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y4.7%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y4.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.21xCurrent assets / current liabilities.
Quick ratio1.72x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.88x(Cash + short-term investments) / current liabilities.
Debt / equity0.40xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets18.9%Total debt / total assets.
Liabilities / assets52.4%Total liabilities / total assets.
Net debt$5.5MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-6.01xOperating income / interest expense.
Working capital$158.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets29.1%(Goodwill + intangible assets) / total assets.
Tangible book value$117.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.26xRevenue / average total assets.
Fixed asset turnover7.41xRevenue / average property, plant and equipment.
Inventory turnover8.22xCost of revenue / average inventory.
Days inventory44 days365 x average inventory / cost of revenue.
Receivables turnover7.37xRevenue / average receivables.
Days sales outstanding50 days365 x average receivables / revenue.
Days payables44 days365 x average accounts payable / cost of revenue.
Cash conversion cycle50 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.19Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$8.51Revenue / diluted weighted shares.
Operating cash flow per share$0.08Cash from operations / diluted weighted shares.
Book value per share$3.18Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.23Tangible book value / shares outstanding.
Cash per share$1.21(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$398.9MShare price x shares outstanding.
Enterprise value$404.4MMarket cap + total debt - cash - short-term investments.
P/S0.49xMarket cap / revenue.
P/B1.31xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.39xMarket cap / tangible book value, when positive.
P/OCF51.8xMarket cap / cash from operations, when positive.
EV/Sales0.50xEnterprise value / revenue.
Earnings yield-28.2%Net income / market cap (the inverse of P/E).
What was MYRIAD GENETICS INC's revenue in fiscal 2025?

MYRIAD GENETICS INC reported revenue of $824.5M for fiscal 2025, 1.6% lower than the year before.

Was MYRIAD GENETICS INC profitable in fiscal 2025?

No. It reported a net loss of $365.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to MYRIAD GENETICS INC