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NASDAQ · Health care

Pharming Group N.V. (PHAR)

Pharming Group N.V. reported revenue of $376.1M in fiscal 2025, up 26.6% from a year earlier. Net income was $2.9M, a net margin of 0.8%. Operating cash flow minus capital spending left $54M of free cash flow in fiscal 2025. At December 31, 2025 it held $145.3M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer, amended) (20-F/A) filed on April 13, 2026.

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Price
$13.22
+0.46% on the day · November 10, 2026
52-week range $9.11 to $21.34
Market cap
$933.7M
Revenue (FY2025)
$376.1M
+26.6% year on year
Net margin
0.8%

Key facts about Pharming Group N.V.

Net worth
Pharming Group N.V. has a market value (market cap) of $933.7M at the latest share price, and shareholders' equity of $277.1M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $376.1M (+26.6% year on year), with net income of $2.9M.
Cash flow
In fiscal 2025 operations brought in $54.7M of cash; after $749K of capital spending, free cash flow was $54M.
Latest report
The latest periodic report (annual report (foreign issuer, amended), 20-F/A) was filed with the SEC on April 13, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What Pharming Group N.V. does

Pharming Group N.V. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker PHAR.

Revenue and profit by year

Revenue
FY19: $189.4M $189.4M FY19FY21: $212.2M $212.2M FY21FY21: $198.9M $198.9M FY21FY22: $205.6M $205.6M FY22FY23: $245.3M $245.3M FY23FY24: $297.2M $297.2M FY24FY25: $376.1M $376.1M FY25
Net income
FY19: $40.6M $40.6M FY19FY21: $37.7M $37.7M FY21FY21: $16M $16M FY21FY22: $13.7M $13.7M FY22FY23: -$10.5M -$10.5M FY23FY24: -$11.8M -$11.8M FY24FY25: $2.9M $2.9M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$376.1M$25.8M$2.9M$0.00$54M
2024$297.2M-$8.6M-$11.8M-$0.02-$2.6M
2023$245.3M-$5.4M-$10.5M-$0.02-$18.7M
2022$205.6M$18.2M$13.7M$0.02$21.1M
2021$198.9M$13.6M$16M$0.02$27.1M
2021$212.2M$76.3M$37.7M$0.06$79M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where PHAR ranks in Health care

Revenue$376.1M
#224 of 751 in Health care · Top 30%
Revenue growth+26.6%
#150 of 532 in Health care · Top 28%
Net margin0.8%
#211 of 544 in Health care · Top 39%
Free cash flow margin14.3%
#91 of 490 in Health care · Top 18%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Pharming Group N.V. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 6, 2026
  2. October 27, 2026
  3. October 22, 2026
  4. October 14, 2026
  5. September 29, 2026
  6. September 25, 2026
  7. September 22, 2026
  8. September 11, 2026
  9. August 13, 2026
  10. July 30, 2026

Insider trades

What the people running Pharming Group N.V. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns PHAR

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

No holder of 5% or more has filed about this company in that window.

Latest filings below 5%: Morgan Stanley 1.2% (April 7, 2025); RTW Investments, LP 0% (November 14, 2024).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 18 managers reported a position.

HolderSharesValueChange on quarter
MAC Alpha Capital Management, LP2,148,144$2.9Mnew
Silverberg Bernstein Capital Management LLC41,547$577.1K-3,200
Crossmark Global Holdings, Inc.12,463$169Knew
Citadel Advisors LLC11,972$162.3K+1,783
Morgan Stanley11,500$159.7K+11
SmartHarvest Portfolios, LLC10,415$144.7K-382
Knoll Capital Management, LLC4,091$56.8K+34
Silver Grove Financial Group, Inc.1,071$14.9Knew
Nalls Sherbakoff Group, LLC870$12.1K0
Global Retirement Partners, LLC456$6.3Knew
Integrated Wealth Concepts LLC380$5.3Knew
Bnp Paribas Financial Markets300$4.2K-100
Optiver Holding B.V.305$4.1Knew
NewEdge Advisors, LLC187$2.6K-1,963
UBS Group AG39$542new
Osaic Holdings, Inc.16$222-112
Larson Financial Group LLC7$97-336
Caitong International Asset Management Co., Ltd1$14new

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about PHAR

What does Pharming Group N.V. do?

Pharming Group N.V. is a company in the Health care sector, listed on NASDAQ as PHAR. Its shares trade on NASDAQ under the ticker PHAR.

What is Pharming Group N.V.'s net worth?

Pharming Group N.V. has a market value (market cap) of $933.7M at the latest share price, and shareholders' equity of $277.1M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Pharming Group N.V. profitable?

Yes. In fiscal 2025 it reported net income of $2.9M on revenue of $376.1M, a net margin of 0.8%.

How much revenue does Pharming Group N.V. make?

In fiscal 2025 Pharming Group N.V. reported revenue of $376.1M. That is 26.6% more than a year earlier.

When did Pharming Group N.V. last report?

Its most recent periodic report is the annual report (foreign issuer, amended) (20-F/A) filed on April 13, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 6, 2026.

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Where the numbers come from

Financial figures are the values Pharming Group N.V. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.