Vanda Pharmaceuticals Inc. VNDA R2K
Vanda Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies to address high unmet medical needs worldwide. The company's commercial portfolio includes Fanapt for the acute treatment of manic or mixed episodes associated with bipolar I disorder and the treatment of schizophrenia; HETLIOZ to treat non-24-hour sleep-wake disorders and nighttime sleep disturbances; PONVORY to treat relapsing forms of multiple sclerosis; and NEREUSTM for preventing vomiting induced by motion. It also develops Fanapt (iloperidone), a long acting injectable (LAI) formulation for the treatment of schizophrenia and hypertension; BysantiTM (milsaperidone), for the acute treatment of manic or mixed episodes associated with bipolar I disorder, and for the treatment of schizophrenia and major depressive disorder; HETLIOZ (tasimelteon) to treat jet lag disorder, insomnia, pediatric insomnia, delayed sleep phase disorder, and pediatric Non-24; PONVORY (ponesimod) to treat psoriasis and ulcerative colitis; and NEREUSTM (tradipitant) for prevention of vomiting induced by GLP-1 receptor agonists, as well as treatment of gastroparesis and atopic dermatitis. In addition, the company's products include Imsidolimab, an IL-36R antagonist to treat generalized pustular psoriasis; VTR-297, for the treatment of hematologic malignancies and onychomycosis, and several oncology indications; and VQW-765, small molecule alpha-7 nicotinic acetylcholine receptor partial agonist for the treatment of social/performance anxiety and psychiatric disorders. Further, it develops cystic fibrosis transmembrane conductance regulator activators and inhibitors; and antisense oligonucleotide molecules. The company was incorporated in 2002 and is headquartered in Washington, the District of Columbia.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -5.3% CAGR over 5 years.
- Earnings shrank at -1204.5% CAGR over 5 years.
- Trading 32.5% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VNDA Vanda Pharmaceuticals Inc. R2K | 6.45 | - | $387.87M | - | -43.97% | -60.48% | -5.29% | -1,204.51% |
| 2 | LLY Eli Lilly and Company SPX | 1,105.00 | 39.21 | $985.37B | 0.63% | 38.44% | 107.46% | 31.69% | 48.96% |
| 3 | JNJ Johnson & Johnson SPX | 225.33 | 26.11 | $542.42B | 2.38% | 23.13% | 26.42% | 5.60% | 14.32% |
| 4 | UNH UnitedHealth Group Incorporated SPX | 380.31 | 28.66 | $345.38B | 2.32% | 9.60% | 12.18% | 11.35% | -15.69% |
| 5 | MRK Merck & Co., Inc. SPX | 118.72 | 33.44 | $293.22B | 2.86% | 20.66% | 18.94% | 3.12% | 7.93% |
| 6 | TMO Thermo Fisher Scientific Inc. SPX | 492.51 | 27.11 | $183.03B | 0.38% | 9.17% | 13.52% | -0.27% | -1.19% |
| 7 | AMGN Amgen Inc. NDXSPX | 336.79 | 23.42 | $181.77B | 2.99% | 18.02% | 101.32% | 11.77% | 5.58% |
| 8 | GILD Gilead Sciences, Inc. NDXSPX | 134.43 | 18.29 | $166.90B | 2.44% | 22.92% | 43.36% | 2.57% | 22.83% |
| 9 | ISRG Intuitive Surgical, Inc. NDXSPXAI | 424.64 | 51.53 | $150.39B | - | 15.96% | 17.23% | 17.39% | 29.26% |
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | 43.59M | 47.35M | 49.13M | - | 47.71M | 59.06M | 59.48M | - | 58.00M | 62.21M | 60.31M | - | 62.67M | 67.90M | 70.09M | 60.19M | 64.39M | 65.32M | 62.50M | 46.06M | 38.81M | 47.46M | 50.47M | 47.65M | 50.04M | 52.59M | 56.26M | 57.22M | 51.72M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.52M | 2.74M | 2.95M | 3.83M | 3.16M |
| Gross Profit | 18.87M | 18.89M | 22.73M | 24.36M | 26.59M | 28.55M | 30.87M | 32.96M | 37.09M | 36.38M | 39.05M | 38.68M | 41.74M | 43.67M | 46.99M | 42.22M | 52.31M | 52.33M | 54.34M | 52.42M | 55.99M | 54.04M | 60.87M | - | - | - | - | - | - | - | - | - | - | - | - | 46.52M | 49.85M | 53.30M | 53.38M | 48.56M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 87.55M | 88.36M | 84.59M | 93.74M | 98.78M |
| Operating Income | -5.46M | -9.54M | -14.89M | -12.47M | -4.79M | -653.00K | -654.00K | -7.91M | -1.92M | -4.92M | -2.15M | 2.44M | 3.91M | 6.23M | 9.15M | -2.09M | 9.89M | 10.76M | 4.24M | -125.00K | 9.17M | 7.74M | 10.45M | 10.34M | 12.37M | 10.82M | -7.67M | 3.46M | 3.91M | 2.00M | -2.87M | -6.00M | -9.23M | -10.15M | -11.00M | -41.03M | -38.50M | -31.28M | -40.35M | -50.22M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -38.20M | -36.75M | -29.23M | -34.49M | -46.70M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -37.37M | -34.89M | -28.39M | -38.00M | -48.42M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.87M | -7.68M | -5.80M | 103.19M | 143.00K |
| Net Income | -5.39M | -9.46M | -14.80M | -12.36M | -4.62M | -430.00K | -604.00K | -7.64M | -1.53M | -4.55M | -1.84M | 3.07M | 4.61M | 7.17M | 10.36M | -612.00K | 11.53M | 100.42M | 4.22M | 486.00K | 8.71M | 5.95M | 8.19M | 8.65M | 9.65M | 7.77M | -6.43M | 2.57M | 3.27M | 3.25M | 1.52M | 137.00K | -4.15M | -4.52M | -5.32M | -29.49M | -27.21M | -22.59M | -141.19M | -48.57M |
| Diluted EPS | - | - | - | - | - | - | - | -0.17 | -0.03 | -0.10 | - | 0.06 | 0.09 | 0.13 | 0.19 | -0.01 | 0.21 | 1.84 | 0.08 | 0.01 | 0.16 | 0.11 | 0.15 | 0.15 | 0.17 | 0.14 | -0.11 | 0.05 | 0.06 | 0.06 | 0.03 | 0.00 | -0.07 | -0.08 | -0.09 | -0.50 | -0.46 | -0.38 | -2.39 | -0.82 |
| R&D Expense | 5.95M | 9.97M | - | 7.55M | 6.70M | 7.29M | - | 10.57M | 7.65M | 10.18M | - | 9.42M | 9.87M | 11.39M | - | 13.28M | 10.95M | 11.35M | - | 15.53M | 12.90M | 12.30M | - | 16.13M | 20.25M | 19.65M | 20.97M | 21.49M | 24.86M | 19.24M | 16.65M | 16.60M | 21.15M | 16.66M | 16.78M | 35.71M | 21.99M | 22.56M | - | 28.43M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 146.02M | 165.08M | 193.12M | 227.19M | 248.17M | 268.68M | 254.38M | 192.64M | 198.77M | 216.10M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 24.28M | 14.80M | 11.31M | 13.04M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 230.10M | 177.84M | 187.46M | 203.06M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 223.77M | 191.80M | 228.12M | 354.23M |
| Operating Income | -35.95M | 8.84M | -10.71M | -29.18M | -21.20M | 20.06M | -40.19M | -18.57M | -16.90M | 21.74M | 22.81M | 27.24M | 42.16M | 6.33M | -13.95M | -40.66M | -151.17M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.06M | -9.62M | -30.86M | -139.25M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.30M | 6.34M | -22.92M | -138.65M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.03M | 3.83M | -4.02M | 81.83M |
| Net Income | -35.86M | 7.19M | -9.80M | -28.62M | -21.05M | 20.19M | -39.87M | -18.01M | -15.57M | 25.21M | 115.55M | 23.34M | 33.15M | 6.28M | 2.51M | -18.90M | -220.47M |
| Diluted EPS | -1.33 | 0.25 | -0.35 | -1.01 | -0.69 | 0.55 | -0.94 | -0.41 | -0.35 | 0.48 | 2.11 | 0.42 | 0.58 | 0.11 | 0.04 | -0.33 | -3.74 |
| R&D Expense | 13.87M | 12.34M | 29.00M | 45.76M | 28.50M | 19.23M | 29.14M | 29.16M | 38.55M | 43.59M | 48.65M | 55.58M | 75.36M | 85.77M | 76.82M | 74.43M | 109.27M |
Compounded Sales Growth
| 5 Years: | -5.29% |
| 1 Year: | 3.40% |
Compounded Profit Growth
| 5 Years: | -1,204.51% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +48.62% |
| 6 Months: | +29.00% |
| 3 Months: | -27.61% |
| 1 Month: | -8.51% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 213.10M | 182.62M | 135.45M | 143.35M | 171.70M | 213.05M | 210.37M | 205.43M | 332.13M | 483.75M | 533.46M | - | 634.25M | 648.44M | 656.20M | 488.95M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 519.29M | 432.95M | 438.89M | 347.26M |
| Cash & Equivalents | 39.08M | 205.29M | 42.56M | 87.92M | 88.77M | 64.76M | 60.90M | 50.84M | 40.43M | 33.63M | 61.01M | 45.07M | 61.03M | - | 135.03M | 135.82M | 102.32M | 84.85M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19M | 1.36M | 1.73M | 1.85M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 33.51M | 34.16M | 47.10M | 54.58M |
| Total Liabilities | - | - | 175.37M | 149.14M | 125.54M | 99.22M | 10.89M | 80.02M | 79.04M | 74.04M | 56.71M | 72.80M | 80.19M | - | 107.05M | 103.53M | 117.66M | 161.76M |
| Current Liabilities | - | - | 31.03M | 31.62M | 32.26M | 32.85M | 7.79M | 51.32M | 50.32M | 70.36M | 53.02M | 59.51M | 65.94M | - | 91.44M | 87.70M | 99.98M | 145.16M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.14M | 9.40M | 12.36M | 12.62M |
| Total Equity | 46.02M | 23.03M | 37.73M | 33.47M | 9.90M | 44.12M | 160.82M | 133.03M | 131.33M | 131.39M | 275.42M | 410.94M | 453.27M | - | 527.20M | 544.91M | 538.55M | 327.19M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 56.78M | 57.53M | 58.31M | 59.10M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 169.34M | -10.90M | -28.41M | -44.92M | -39.59M | - | - | - | -1.98M | 29.99M | 45.95M | 51.77M | - | 31.98M | 12.80M | -15.76M | -109.44M |
| Investing Cash Flow | -4.74M | -155.62M | 73.75M | 45.75M | -34.27M | - | - | - | -10.23M | -109.66M | -68.31M | -41.50M | - | 49.92M | -12.06M | -17.43M | 94.86M |
| Financing Cash Flow | 1.62M | 3.78M | 25.00K | 12.00K | 49.86M | - | - | - | 5.25M | 107.13M | 6.26M | 5.63M | - | 734.00K | 0 | -155.00K | -2.91M |
| Capital Expenditure | - | - | -275.00K | -2.02M | -176.00K | -769.00K | -2.53M | -1.41M | -1.66M | -368.00K | -1.02M | -1.79M | - | -679.00K | -383.00K | -490.00K | -998.00K |
| Free Cash Flow | - | - | -28.68M | -46.93M | -39.77M | - | - | - | -3.65M | 29.62M | 44.93M | 49.98M | - | 31.30M | 12.42M | -16.25M | -110.44M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | 82.64M | 745.00K | -33.34M | -17.49M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | 90.5% | 92.3% | 94.3% | 94.0% |
| Operating Margin % | - | - | - | - | - | - | - | -12.7% | -10.2% | 11.3% | 10.0% | 11.0% | 15.7% | 2.5% | -7.2% | -20.5% | -70.0% |
| Net Margin % | - | - | - | - | - | - | - | -12.3% | -9.4% | 13.1% | 50.9% | 9.4% | 12.3% | 2.5% | 1.3% | -9.5% | -102.0% |
| ROE % | -155.7% | 19.1% | -29.3% | -288.9% | -47.7% | 12.6% | -30.0% | -13.7% | -11.8% | 9.2% | 28.1% | 5.1% | - | 1.2% | 0.5% | -3.5% | -67.4% |
| ROCE % | - | 4.9% | -7.1% | -28.3% | -19.2% | 12.2% | -24.8% | -11.6% | -12.5% | 7.8% | 5.4% | 5.8% | - | 1.2% | -2.5% | -7.3% | -44.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 12.10% | 7.28M | $46.93M |
| 2 | Renaissance Technologies, LLC | 6.25% | 3.76M | $24.25M |
| 3 | State Street Corporation | 5.01% | 3.02M | $19.45M |
| 4 | AIGH Capital Management LLC | 4.57% | 2.75M | $17.74M |
| 5 | Vanguard Capital Management LLC | 4.13% | 2.48M | $16.01M |
| 6 | Millennium Management Llc | 3.13% | 1.88M | $12.13M |
| 7 | Acadian Asset Management. LLC | 2.99% | 1.80M | $11.58M |
| 8 | Dimensional Fund Advisors LP | 2.95% | 1.77M | $11.43M |
| 9 | AQR Capital Management, LLC | 2.67% | 1.60M | $10.34M |
| 10 | Geode Capital Management, LLC | 2.40% | 1.44M | $9.31M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VNDA