Corcept Therapeutics (CORT) Financials

$51.36 -0.24 (-0.46%)

Closing price 03:59 PM Eastern

Extended Trading

$51.10 -0.26 (-0.51%)

As of 07:56 PM Eastern

Annual Income Statements for Corcept Therapeutics

This table shows Corcept Therapeutics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-6.41	8.14	129	75	94	106	113	101	105	140	98
Consolidated Net Income / (Loss)	-6.41	8.14	129	75	94	106	113	101	106	141	100
Net Income / (Loss) Continuing Operations	-6.41	8.14	129	75	94	106	113	101	106	141	100
Total Pre-Tax Income	-6.41	8.14	53	92	117	132	125	116	125	161	66
Total Operating Income	-3.44	10	53	89	112	128	124	113	107	137	45
Total Gross Profit	49	79	156	246	301	348	361	396	476	664	748
Total Revenue	50	81	159	251	306	354	366	402	482	675	761
Operating Revenue	50	81	159	251	306	354	366	402	482	675	761
Total Cost of Revenue	1.36	2.06	3.55	5.22	5.50	5.58	5.28	5.39	6.48	11	13
Operating Cost of Revenue	1.36	2.06	3.55	5.22	5.50	5.58	5.28	5.39	6.48	11	13
Total Operating Expenses	52	69	103	157	189	220	236	284	369	527	704
Selling, General & Admin Expense	37	45	62	81	100	105	122	153	184	280	449
Research & Development Expense	15	24	40	75	89	115	114	131	184	247	255
Total Other Income / (Expense), net	-2.97	-2.04	-0.05	2.66	5.07	3.40	0.53	3.56	17	25	22
Income Tax Expense	0.00	0.00	-76	17	22	26	12	15	18	20	-33
Basic Earnings per Share	($0.06)	$0.07	$1.14	$0.65	$0.82	$0.92	$0.97	$0.95	$1.02	$1.35	$0.95
Weighted Average Basic Shares Outstanding	106.88M	110.57M	113.53M	115.34M	114.35M	115.41M	115.65M	106.79M	103.56M	103.23M	103.86M
Diluted Earnings per Share	($0.06)	$0.07	$1.04	$0.60	$0.77	$0.85	$0.89	$0.87	$0.94	$1.23	$0.82
Weighted Average Diluted Shares Outstanding	106.88M	116.14M	124.52M	126.69M	122.57M	124.19M	125.96M	115.97M	111.74M	113.48M	119.99M
Weighted Average Basic & Diluted Shares Outstanding	106.80M	116.30M	113.30M	116M	114.90M	117.31M	105.96M	107.90M	103.52M	105.50M	106.37M

This table shows Corcept Therapeutics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	31	31	28	35	47	30	20	35	19	24	-31
Consolidated Net Income / (Loss)	31	31	28	35	47	31	21	35	20	24	-32
Net Income / (Loss) Continuing Operations	31	31	28	35	47	31	21	35	20	24	-32
Total Pre-Tax Income	36	37	35	42	53	32	9.62	32	15	9.91	-45
Total Operating Income	31	32	30	36	47	25	3.42	27	10	4.49	-50
Total Gross Profit	122	134	144	161	180	179	155	191	203	200	162
Total Revenue	124	135	147	164	183	182	157	194	208	202	165
Operating Revenue	124	135	147	164	183	182	157	194	208	202	165
Total Cost of Revenue	1.65	1.88	2.54	2.52	2.87	2.96	2.40	3.43	4.60	2.55	2.88
Operating Cost of Revenue	1.65	1.88	2.54	2.52	2.87	2.96	2.40	3.43	4.60	2.55	2.88
Total Operating Expenses	91	102	115	126	133	154	151	164	193	195	212
Selling, General & Admin Expense	45	47	56	67	74	83	91	104	124	130	145
Research & Development Expense	46	55	59	59	59	70	61	60	69	65	66
Total Other Income / (Expense), net	5.21	5.14	5.49	6.00	6.35	6.70	6.20	5.02	5.02	5.42	4.89
Income Tax Expense	5.01	5.45	7.23	6.11	5.73	1.22	-11	-3.46	-4.43	-14	-13
Basic Earnings per Share	$0.31	$0.29	$0.27	$0.34	$0.45	$0.29	$0.19	$0.33	$0.19	$0.24	($0.30)
Weighted Average Basic Shares Outstanding	102.01M	103.56M	102.79M	103.12M	103.37M	103.23M	104.11M	104.11M	103.55M	103.86M	104.44M
Diluted Earnings per Share	$0.28	$0.27	$0.25	$0.32	$0.41	$0.25	$0.17	$0.29	$0.16	$0.20	($0.30)
Weighted Average Diluted Shares Outstanding	111.10M	111.74M	109.92M	111.24M	113.72M	113.48M	119.82M	120.49M	119.44M	119.99M	104.44M
Weighted Average Basic & Diluted Shares Outstanding	103.08M	103.52M	104.11M	104.49M	104.78M	105.50M	106.04M	105.37M	105.19M	106.37M	107.35M

This table details how cash moves in and out of Corcept Therapeutics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	16	11	-20	11	-10	45	1.43	-11	69	-7.89	-7.17
Net Cash From Operating Activities	3.13	18	61	116	136	152	168	120	127	198	142
Net Cash From Continuing Operating Activities	3.13	18	61	116	136	152	168	120	127	198	142
Net Income / (Loss) Continuing Operations	-6.41	8.14	129	75	94	106	113	101	106	141	100
Consolidated Net Income / (Loss)	-6.41	8.14	129	75	94	106	113	101	106	141	100
Depreciation Expense	0.16	0.09	0.11	0.24	0.70	0.53	1.07	1.26	1.04	0.80	1.15
Amortization Expense	0.02	0.02	0.01	-1.72	-0.27	3.02	7.49	3.57	-7.81	-10	-4.36
Non-Cash Adjustments To Reconcile Net Income	8.86	8.99	14	24	28	39	40	42	54	60	84
Changes in Operating Assets and Liabilities, net	0.50	1.16	-82	18	14	3.19	7.17	-28	-27	6.61	-38
Net Cash From Investing Activities	-0.02	-0.19	-73	-91	-118	-119	136	-114	91	-178	70
Net Cash From Continuing Investing Activities	-0.02	-0.19	-73	-91	-118	-119	136	-114	91	-178	70
Purchase of Property, Plant & Equipment	-0.02	-0.19	-0.42	-0.30	-1.09	-1.24	-0.47	-0.41	-0.14	-2.17	-0.21
Purchase of Investments	0.00	0.00	-103	-233	-299	-420	-313	-355	-329	-588	-320
Sale and/or Maturity of Investments	-	0.00	30	143	182	302	449	241	420	413	390
Net Cash From Financing Activities	13	-7.10	-7.95	-14	-29	12	-303	-17	-149	-28	-220
Net Cash From Continuing Financing Activities	13	-7.10	-7.95	-14	-29	12	-303	-17	-149	-28	-220
Repurchase of Preferred Equity	-	-	-	-	-	-	-	0.00	-145	0.00	0.00
Repurchase of Common Equity	-	0.00	0.00	-24	-31	-9.95	-296	0.00	0.00	-16	-173
Issuance of Common Equity	-	7.68	7.18	9.32	8.42	23	16	4.38	3.83	5.46	9.62
Other Financing Activities, net	22	-	0.00	0.00	-6.09	-1.07	-23	-22	-7.13	-18	-57
Effect of Exchange Rate Changes	-	-	-	-	-	-	-	-	0.36	-0.23	1.44
Cash Income Taxes Paid	0.06	0.04	0.38	1.35	6.74	11	9.10	40	48	60	13

This table details how cash moves in and out of Corcept Therapeutics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-61	24	14	-21	8.70	-9.62	-38	13	22	-4.64	-12
Net Cash From Operating Activities	53	5.89	24	41	74	59	4.77	44	54	38	-17
Net Cash From Continuing Operating Activities	53	5.89	24	41	74	59	4.77	44	54	38	-17
Net Income / (Loss) Continuing Operations	31	31	28	35	47	31	21	35	20	24	-32
Consolidated Net Income / (Loss)	31	31	28	35	47	31	21	35	20	24	-32
Depreciation Expense	0.23	0.21	0.12	0.13	0.32	0.28	0.46	0.29	0.29	0.29	0.60
Amortization Expense	-5.88	-3.14	0.06	0.07	0.18	-11	-1.69	-2.82	-0.82	-0.90	-0.84
Non-Cash Adjustments To Reconcile Net Income	19	13	-0.12	9.30	19	46	13	24	22	26	23
Changes in Operating Assets and Liabilities, net	8.49	-36	-4.07	-3.81	6.98	-6.79	-28	-13	13	-11	-7.95
Net Cash From Investing Activities	-110	17	-9.01	-60	-44	-64	-3.17	70	15	-12	4.54
Net Cash From Continuing Investing Activities	-110	17	-9.01	-60	-44	-64	-3.17	70	15	-12	4.54
Purchase of Property, Plant & Equipment	-0.04	-	0.00	-	-1.64	-0.12	-0.10	-0.06	-	-0.05	-0.20
Purchase of Investments	-210	-30	-78	-143	-223	-145	-115	-23	-37	-144	-52
Sale and/or Maturity of Investments	100	47	69	83	181	80	112	93	52	132	57
Net Cash From Financing Activities	-3.92	0.77	-0.54	-2.15	-21	-4.56	-40	-103	-46	-31	0.76
Net Cash From Continuing Financing Activities	-3.92	0.77	-0.54	-2.15	-21	-4.56	-40	-103	-46	-31	0.76
Repurchase of Common Equity	-	-	-0.48	-3.48	-12	-	-27	-103	-42	-	0.00
Issuance of Common Equity	1.14	1.76	0.94	3.24	2.27	2.42	1.72	3.28	2.17	2.46	2.54
Other Financing Activities, net	-5.06	-1.00	-1.01	-1.91	-12	-6.99	-14	-3.19	-6.12	-34	-1.78
Effect of Exchange Rate Changes	-	-	-	-	-	-	0.36	-	-0.32	-0.03	-0.29

This table presents Corcept Therapeutics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	52	69	221	312	412	572	424	583	622	841	837
Total Current Assets	49	66	124	237	307	479	266	499	459	472	485
Cash & Equivalents	40	52	31	42	31	76	78	66	136	128	120
Short-Term Investments	-	0.00	58	165	245	365	146	365	233	256	252
Accounts Receivable	6.22	9.86	28	18	20	26	28	31	41	54	60
Inventories, net	1.68	2.33	4.58	4.73	5.42	4.91	4.99	6.10	7.73	12	13
Prepaid Expenses	0.64	1.96	2.67	7.74	6.04	6.70	10	16	28	22	41
Plant, Property, & Equipment, net	0.10	0.21	0.52	0.66	1.05	1.68	1.00	0.63	0.20	2.69	1.89
Total Noncurrent Assets	2.82	2.86	96	74	104	92	156	84	163	366	349
Long-Term Investments	-	0.00	15	0.00	39	36	112	4.95	57	220	160
Noncurrent Deferred & Refundable Income Taxes	-	0.00	77	63	46	32	27	61	91	131	168
Other Noncurrent Operating Assets	2.82	2.86	3.85	12	19	24	17	17	15	16	21
Total Liabilities & Shareholders' Equity	52	69	221	312	412	572	424	583	622	841	837
Total Liabilities	33	27	30	36	41	48	48	82	115	161	189
Total Current Liabilities	21	27	30	36	39	47	48	72	105	141	166
Accounts Payable	1.33	2.29	8.58	8.27	7.54	11	6.91	12	17	15	40
Accrued Expenses	4.43	10	21	27	30	35	40	59	87	125	125
Other Current Liabilities	-	-	-	0.00	1.56	2.05	0.53	1.14	0.15	0.83	1.08
Total Noncurrent Liabilities	13	0.00	0.00	0.24	2.29	0.90	0.41	9.10	10	20	23
Noncurrent Deferred Revenue	-	-	0.00	0.24	0.39	0.40	0.41	9.10	10	14	15
Other Noncurrent Operating Liabilities	-	-	-	0.00	1.90	0.50	-	-	0.00	6.11	7.59
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	18	41	191	276	371	523	376	502	507	680	648
Total Preferred & Common Equity	18	41	191	276	371	523	376	502	507	680	648
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	18	41	191	276	371	523	376	502	507	680	648
Common Stock	349	364	384	417	457	516	591	662	739	832	969
Retained Earnings	-330	-322	-193	-118	-24	82	195	296	403	544	643
Treasury Stock	-	-	0.00	-24	-63	-76	-410	-456	-635	-696	-967
Accumulated Other Comprehensive Income / (Loss)	-	0.00	-0.08	-0.07	0.26	0.42	-0.23	-0.87	0.61	-0.22	2.26

This table presents Corcept Therapeutics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	533	618	525	594	656	715	784	846	802	824	815
Total Current Assets	452	534	433	432	503	561	467	439	443	541	426
Cash & Equivalents	50	300	172	112	150	129	137	90	103	125	109
Short-Term Investments	346	165	191	243	261	345	243	233	239	297	229
Accounts Receivable	29	33	33	35	62	54	60	62	65	70	39
Inventories, net	6.05	6.41	6.92	7.51	7.19	8.35	8.05	14	12	12	13
Prepaid Expenses	21	16	16	20	24	26	19	40	24	37	36
Plant, Property, & Equipment, net	0.80	0.46	0.41	0.30	0.13	1.47	2.93	2.54	2.35	2.09	3.17
Total Noncurrent Assets	80	83	92	162	152	152	314	405	356	280	386
Long-Term Investments	4.90	0.00	0.00	60	40	19	167	248	173	103	177
Noncurrent Deferred & Refundable Income Taxes	57	68	78	87	98	112	127	144	162	153	182
Other Noncurrent Operating Assets	18	15	13	15	14	21	20	13	21	25	27
Total Liabilities & Shareholders' Equity	533	618	525	594	656	715	784	846	802	824	815
Total Liabilities	60	88	103	132	108	118	145	163	166	192	177
Total Current Liabilities	53	79	93	122	97	101	126	143	145	172	149
Accounts Payable	8.18	11	7.98	17	13	19	19	28	24	34	33
Accrued Expenses	43	67	85	105	85	81	107	114	120	137	114
Other Current Liabilities	1.71	0.58	0.30	0.23	0.08	0.04	0.43	0.98	1.02	1.05	1.63
Total Noncurrent Liabilities	6.82	9.40	9.95	10	11	18	19	20	21	19	28
Noncurrent Deferred Revenue	6.82	9.40	9.95	10	11	12	13	14	16	14	15
Other Noncurrent Operating Liabilities	-	-	-	-	-	5.63	6.36	5.85	5.59	5.31	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	473	530	422	462	548	596	639	683	636	632	638
Total Preferred & Common Equity	473	530	422	462	548	596	639	683	636	632	638
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	473	530	422	462	548	596	639	683	636	632	638
Common Stock	649	680	696	723	758	781	806	863	901	934	1,002
Retained Earnings	280	312	340	371	430	466	513	564	599	619	612
Treasury Stock	-	-463	-	-	-641	-	-682	-745	-867	-923	-977
Accumulated Other Comprehensive Income / (Loss)	-2.38	-0.15	0.05	-0.23	0.26	0.08	1.57	0.69	2.29	2.34	0.92

This table displays calculated financial ratios and metrics derived from Corcept Therapeutics' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	89.39%	61.72%	95.77%	57.82%	21.99%	15.46%	3.42%	9.80%	20.04%	39.94%	12.79%
EBITDA Growth	77.30%	232.37%	541.68%	71.31%	29.16%	15.40%	-1.17%	-12.06%	-14.43%	26.70%	-67.35%
EBIT Growth	76.80%	227.03%	548.72%	74.51%	26.61%	12.79%	-5.01%	-9.90%	-4.75%	27.66%	-67.29%
NOPAT Growth	87.53%	522.35%	1,169.69%	-43.33%	23.01%	14.63%	8.49%	-12.25%	-7.01%	30.99%	-43.91%
Net Income Growth	79.58%	227.03%	1,486.27%	-41.60%	24.89%	12.56%	6.13%	-9.86%	4.66%	33.04%	-29.43%
EPS Growth	80.65%	216.67%	1,385.71%	-42.31%	28.33%	10.39%	4.71%	-2.25%	8.05%	30.85%	-33.33%
Operating Cash Flow Growth	111.43%	487.57%	231.33%	89.82%	17.68%	11.65%	10.48%	-28.33%	5.58%	55.91%	-28.39%
Free Cash Flow Firm Growth	92.96%	754.66%	316.87%	94.54%	13.49%	9.05%	5.14%	-38.32%	3.08%	65.44%	-77.37%
Invested Capital Growth	-11.12%	-18.88%	1,829.07%	-20.50%	-19.17%	-16.86%	-13.89%	63.08%	24.66%	-6.01%	50.98%
Revenue Q/Q Growth	13.43%	12.20%	22.72%	5.70%	7.38%	-0.61%	3.71%	1.06%	7.19%	7.40%	2.73%
EBITDA Q/Q Growth	21.92%	18.83%	45.97%	2.67%	9.75%	-3.17%	5.49%	-12.10%	6.08%	-9.88%	-20.78%
EBIT Q/Q Growth	21.57%	19.30%	46.01%	4.60%	9.91%	-4.12%	4.98%	-11.17%	9.35%	-4.47%	-31.68%
NOPAT Q/Q Growth	57.86%	49.19%	258.67%	-50.73%	8.55%	-2.36%	5.92%	-14.65%	14.22%	-2.03%	-14.55%
Net Income Q/Q Growth	43.10%	80.81%	264.86%	-50.30%	8.49%	-3.10%	5.69%	-13.17%	16.05%	-0.43%	-6.09%
EPS Q/Q Growth	50.00%	40.00%	258.62%	-50.41%	6.94%	-3.41%	7.23%	-13.00%	17.50%	-1.60%	-5.75%
Operating Cash Flow Q/Q Growth	228.49%	2.26%	50.01%	-2.83%	24.67%	-8.09%	9.35%	-11.76%	-17.80%	36.92%	-13.09%
Free Cash Flow Firm Q/Q Growth	70.59%	-1.36%	64.22%	-4.55%	31.84%	-11.81%	11.58%	-16.98%	-28.53%	60.06%	-54.60%
Invested Capital Q/Q Growth	-16.66%	113.91%	802.09%	9.94%	-17.21%	2.16%	-11.23%	-9.67%	73.61%	-16.19%	7.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	97.29%	97.47%	97.77%	97.92%	98.20%	98.42%	98.56%	98.66%	98.66%	98.39%	98.30%
EBITDA Margin	-12.39%	10.14%	33.24%	36.09%	38.21%	38.19%	36.50%	29.23%	20.84%	18.87%	5.46%
Operating Margin	-6.85%	12.52%	33.20%	35.62%	36.41%	36.23%	34.01%	28.03%	22.24%	20.29%	5.88%
EBIT Margin	-12.74%	10.01%	33.17%	36.68%	38.07%	37.19%	34.16%	28.03%	22.24%	20.29%	5.88%
Profit (Net Income) Margin	-12.74%	10.01%	81.11%	30.01%	30.73%	29.96%	30.74%	25.24%	22.00%	20.92%	13.09%
Tax Burden Percent	100.00%	100.00%	244.52%	81.83%	80.72%	80.55%	90.01%	87.29%	85.21%	87.44%	149.94%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	103.16%	116.10%	117.92%	148.36%
Effective Tax Rate	0.00%	0.00%	-144.52%	18.17%	19.28%	19.45%	9.99%	12.71%	14.79%	12.56%	-49.94%
Return on Invested Capital (ROIC)	-40.82%	202.31%	282.65%	93.85%	144.15%	201.87%	259.22%	186.88%	124.78%	151.84%	70.04%
ROIC Less NNEP Spread (ROIC-NNEP)	201.25%	210.49%	282.82%	92.45%	142.59%	201.18%	259.11%	186.07%	121.36%	147.67%	64.31%
Return on Net Nonoperating Assets (RNNOA)	-43.99%	-175.12%	-171.50%	-61.55%	-115.04%	-178.17%	-234.20%	-163.77%	-103.73%	-128.03%	-55.02%
Return on Equity (ROE)	-84.82%	27.19%	111.15%	32.31%	29.11%	23.70%	25.03%	23.11%	21.05%	23.81%	15.01%
Cash Return on Invested Capital (CROIC)	-29.05%	223.15%	102.36%	116.69%	165.36%	220.29%	274.15%	138.92%	102.82%	158.03%	29.41%
Operating Return on Assets (OROA)	-14.81%	13.49%	36.51%	34.63%	32.23%	26.75%	25.11%	22.37%	17.81%	18.73%	5.34%
Return on Assets (ROA)	-14.81%	13.49%	89.27%	28.34%	26.02%	21.55%	22.60%	20.14%	17.62%	19.32%	11.88%
Return on Common Equity (ROCE)	-84.82%	27.19%	111.15%	32.31%	29.11%	23.70%	25.03%	23.11%	21.05%	23.81%	15.01%
Return on Equity Simple (ROE_SIMPLE)	-34.64%	19.67%	67.61%	27.33%	25.37%	20.26%	29.94%	20.21%	20.95%	20.78%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.41	10	129	73	90	103	112	98	91	120	67
NOPAT Margin	-4.79%	12.52%	81.18%	29.15%	29.39%	29.18%	30.61%	24.46%	18.95%	17.74%	8.82%
Net Nonoperating Expense Percent (NNEP)	-242.08%	-8.19%	-0.17%	1.40%	1.57%	0.69%	0.12%	0.80%	3.42%	4.17%	5.72%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	19.59%	18.04%	17.62%	10.37%
Cost of Revenue to Revenue	2.71%	2.53%	2.23%	2.08%	1.80%	1.58%	1.44%	1.34%	1.34%	1.61%	1.70%
SG&A Expenses to Revenue	73.48%	55.63%	39.21%	32.35%	32.75%	29.76%	33.43%	38.04%	38.20%	41.53%	58.93%
R&D to Revenue	30.66%	29.32%	25.36%	29.95%	29.04%	32.43%	31.11%	32.60%	38.22%	36.57%	33.48%
Operating Expenses to Revenue	104.14%	84.95%	64.57%	62.30%	61.79%	62.19%	64.54%	70.63%	76.42%	78.10%	92.41%
Earnings before Interest and Taxes (EBIT)	-6.41	8.14	53	92	117	132	125	113	107	137	45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-6.23	8.25	53	91	117	135	134	117	101	127	42
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	29.28	19.48	10.79	5.59	3.73	5.81	6.08	4.36	6.61	7.77	5.65
Price to Tangible Book Value (P/TBV)	29.28	19.48	10.79	5.59	3.73	5.81	6.08	4.36	6.61	7.77	5.65
Price to Revenue (P/Rev)	10.77	9.91	12.95	6.14	4.51	8.59	6.25	5.44	6.94	7.82	4.81
Price to Earnings (P/E)	0.00	99.03	15.96	20.46	14.68	28.67	20.32	21.59	31.74	37.78	37.29
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	1.01%	6.26%	4.89%	6.81%	3.49%	4.92%	4.63%	3.15%	2.65%	2.68%
Enterprise Value to Invested Capital (EV/IC)	95.17	170.67	22.51	19.33	19.11	55.17	48.76	26.83	35.95	61.19	27.11
Enterprise Value to Revenue (EV/Rev)	10.52	9.46	12.29	5.32	3.48	7.24	5.33	4.35	6.06	6.93	4.11
Enterprise Value to EBITDA (EV/EBITDA)	0.00	93.26	36.98	14.73	9.12	18.96	14.60	14.90	29.08	36.72	75.22
Enterprise Value to EBIT (EV/EBIT)	0.00	94.50	37.06	14.50	9.15	19.47	15.60	15.53	27.24	34.15	69.83
Enterprise Value to NOPAT (EV/NOPAT)	0.00	75.57	15.14	18.24	11.85	24.81	17.41	17.80	31.97	39.05	46.57
Enterprise Value to Operating Cash Flow (EV/OCF)	168.93	41.83	32.12	11.55	7.84	16.86	11.62	14.54	23.01	23.61	22.03
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	68.51	41.81	14.67	10.33	22.74	16.46	23.94	38.80	37.52	110.90
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.49	0.35	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.68	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.22	-0.83	-0.61	-0.67	-0.81	-0.89	-0.90	-0.88	-0.85	-0.87	-0.86
Leverage Ratio	5.73	2.02	1.25	1.14	1.12	1.10	1.11	1.15	1.19	1.23	1.26
Compound Leverage Factor	5.73	2.02	1.25	1.14	1.12	1.10	1.11	1.18	1.39	1.45	1.87
Debt to Total Capital	59.78%	26.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	32.54%	26.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	27.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	40.22%	73.83%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	-4.41	1.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	2.08	-4.47	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-2.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-11.41	1.44	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	5.37	-3.62	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-5.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.03	13.35	42.62	27.87	22.55	40.17	31.71	18.99	20.43	22.40	14.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.35	2.40	4.20	6.66	7.91	10.08	5.60	6.89	4.39	3.35	2.92
Quick Ratio	2.23	2.24	3.95	6.31	7.62	9.83	5.28	6.38	3.92	3.11	2.60
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1.72	11	47	91	103	113	118	73	75	125	28
Operating Cash Flow to CapEx	18,411.76%	9,479.90%	14,542.96%	38,813.76%	12,510.75%	12,275.44%	35,797.87%	29,133.90%	91,394.96%	9,119.11%	67,296.68%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.16	1.35	1.10	0.94	0.85	0.72	0.74	0.80	0.80	0.92	0.91
Accounts Receivable Turnover	10.53	10.11	8.37	10.98	16.34	15.34	13.60	13.70	13.37	14.20	13.39
Inventory Turnover	0.94	1.03	1.03	1.12	1.08	1.08	1.07	0.97	0.94	1.08	1.03
Fixed Asset Turnover	301.11	536.77	440.39	428.38	359.51	259.72	273.42	491.57	1,165.16	468.13	332.56
Accounts Payable Turnover	0.85	1.14	0.65	0.62	0.70	0.62	0.60	0.57	0.44	0.66	0.47
Days Sales Outstanding (DSO)	34.68	36.09	43.63	33.26	22.34	23.79	26.84	26.65	27.31	25.71	27.27
Days Inventory Outstanding (DIO)	387.39	355.69	354.58	325.74	336.75	337.86	342.05	375.78	389.44	337.80	355.52
Days Payable Outstanding (DPO)	430.57	320.57	558.13	589.49	523.99	591.47	603.45	639.99	827.09	549.61	785.02
Cash Conversion Cycle (CCC)	-8.50	71.21	-159.93	-230.50	-164.90	-229.82	-234.56	-237.56	-410.34	-186.11	-402.23
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5.56	4.51	87	69	56	46	40	65	81	76	115
Invested Capital Turnover	8.52	16.16	3.48	3.22	4.90	6.92	8.47	7.64	6.58	8.56	7.94
Increase / (Decrease) in Invested Capital	-0.70	-1.05	82	-18	-13	-9.42	-6.45	25	16	-4.88	39
Enterprise Value (EV)	529	769	1,957	1,336	1,067	2,562	1,950	1,750	2,923	4,676	3,128
Market Capitalization	542	806	2,061	1,543	1,383	3,039	2,286	2,186	3,348	5,280	3,661
Book Value per Share	$0.17	$0.37	$1.67	$2.39	$3.25	$4.50	$3.25	$4.66	$4.92	$6.49	$6.16
Tangible Book Value per Share	$0.17	$0.37	$1.67	$2.39	$3.25	$4.50	$3.25	$4.66	$4.92	$6.49	$6.16
Total Capital	46	56	191	276	371	523	376	502	507	680	648
Total Debt	27	15	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	13	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-13	-37	-104	-207	-315	-477	-336	-437	-425	-603	-532
Capital Expenditures (CapEx)	0.02	0.19	0.42	0.30	1.09	1.24	0.47	0.41	0.14	2.17	0.21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2.63	1.44	5.87	-5.51	-7.45	-9.69	-4.61	-4.91	-14	-53	-53
Debt-free Net Working Capital (DFNWC)	43	53	95	201	269	431	219	427	354	331	319
Net Working Capital (NWC)	28	38	95	201	269	431	219	427	354	331	319
Net Nonoperating Expense (NNE)	4.00	2.04	0.12	-2.17	-4.09	-2.74	-0.48	-3.10	-15	-21	-32
Net Nonoperating Obligations (NNO)	-13	-37	-104	-207	-315	-477	-336	-437	-425	-603	-532
Total Depreciation and Amortization (D&A)	0.18	0.11	0.12	-1.49	0.43	3.54	8.56	4.83	-6.77	-9.60	-3.21
Debt-free, Cash-free Net Working Capital to Revenue	5.24%	1.77%	3.69%	-2.19%	-2.43%	-2.74%	-1.26%	-1.22%	-2.92%	-7.78%	-6.93%
Debt-free Net Working Capital to Revenue	85.65%	65.15%	59.43%	80.10%	87.61%	121.80%	59.82%	106.20%	73.41%	49.01%	41.95%
Net Working Capital to Revenue	55.89%	47.12%	59.43%	80.10%	87.61%	121.80%	59.82%	106.20%	73.41%	49.01%	41.95%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.06)	$0.07	$1.14	$0.65	$0.82	$0.92	$0.97	$0.95	$1.02	$1.35	$0.95
Adjusted Weighted Average Basic Shares Outstanding	109.66M	110.57M	113.53M	115.34M	114.35M	115.41M	115.65M	106.79M	103.56M	103.23M	103.86M
Adjusted Diluted Earnings per Share	($0.06)	$0.07	$1.04	$0.60	$0.77	$0.85	$0.89	$0.87	$0.94	$1.23	$0.82
Adjusted Weighted Average Diluted Shares Outstanding	109.66M	116.14M	124.52M	126.69M	122.57M	124.19M	125.96M	115.97M	111.74M	113.48M	119.99M
Adjusted Basic & Diluted Earnings per Share	($0.06)	$0.07	$0.00	$0.00	$0.82	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	106.88M	112.94M	114.83M	114.72M	114.59M	117.31M	105.96M	107.90M	103.52M	105.50M	106.37M
Normalized Net Operating Profit after Tax (NOPAT)	-2.41	7.13	37	73	90	103	112	98	91	120	31
Normalized NOPAT Margin	-4.79%	8.76%	23.24%	29.15%	29.39%	29.18%	30.61%	24.46%	18.95%	17.74%	4.12%
Pre Tax Income Margin	-12.74%	10.01%	33.17%	36.68%	38.07%	37.19%	34.16%	28.91%	25.82%	23.92%	8.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	31.37%	32.89%	9.38%	263.07%	0.00%	0.00%	11.09%	173.52%

This table displays calculated financial ratios and metrics derived from Corcept Therapeutics' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	106,374,020.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	106,374,020.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.29
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	21.50%	31.39%	38.95%	39.15%	47.69%	34.33%	7.09%	18.70%	13.75%	11.12%	4.89%
EBITDA Growth	-22.48%	25.06%	88.89%	17.25%	84.46%	-48.57%	-86.93%	-32.55%	-79.42%	-73.78%	-2,380.96%
EBIT Growth	-2.37%	40.76%	98.61%	20.31%	49.46%	-20.23%	-88.42%	-25.05%	-78.07%	-82.24%	-1,552.02%
NOPAT Growth	-19.71%	75.34%	82.93%	22.79%	54.56%	-9.92%	-68.82%	-2.57%	-68.27%	-54.75%	-575.78%
Net Income Growth	-9.18%	88.06%	74.83%	28.92%	50.47%	-1.94%	-25.99%	-0.96%	-58.34%	-21.00%	-254.58%
EPS Growth	-6.67%	107.69%	78.57%	28.00%	46.43%	-7.41%	-32.00%	-9.38%	-60.98%	-20.00%	-276.47%
Operating Cash Flow Growth	57.24%	-82.37%	-8.48%	-2.61%	39.54%	907.30%	-78.41%	6.68%	-25.67%	-35.98%	-451.61%
Free Cash Flow Firm Growth	725.34%	210.66%	25.96%	-156.32%	-105.36%	167.94%	6.07%	183.46%	-17.36%	-195.81%	-435.90%
Invested Capital Growth	-35.14%	24.66%	50.06%	77.84%	94.71%	-6.01%	16.17%	16.40%	18.06%	50.98%	8.94%
Revenue Q/Q Growth	5.00%	9.55%	8.42%	11.57%	11.45%	-0.36%	-13.57%	23.67%	6.79%	-2.66%	-18.42%
EBITDA Q/Q Growth	-16.35%	12.58%	1.98%	20.59%	31.59%	-68.61%	-73.77%	522.46%	-59.85%	-60.00%	-1,385.84%
EBIT Q/Q Growth	5.39%	1.58%	-6.85%	20.65%	30.92%	-45.79%	-86.48%	680.88%	-61.69%	-56.09%	-1,205.44%
NOPAT Q/Q Growth	8.72%	0.34%	-13.25%	29.75%	36.85%	-41.52%	-69.97%	305.40%	-55.43%	-16.60%	-415.73%
Net Income Q/Q Growth	13.99%	-0.07%	-12.04%	27.83%	33.04%	-34.88%	-33.17%	71.07%	-44.04%	23.49%	-230.77%
EPS Q/Q Growth	12.00%	-3.57%	-7.41%	28.00%	28.13%	-39.02%	-32.00%	70.59%	-44.83%	25.00%	-250.00%
Operating Cash Flow Q/Q Growth	25.12%	-88.87%	303.53%	73.35%	79.27%	-19.68%	-91.35%	756.84%	23.99%	-29.43%	-143.62%
Free Cash Flow Firm Q/Q Growth	95.53%	-79.16%	-181.67%	-69.23%	81.39%	1,141.83%	-128.63%	250.36%	-126.16%	-750.57%	-60.15%
Invested Capital Q/Q Growth	-19.74%	73.61%	19.09%	7.17%	-12.13%	-16.19%	47.18%	7.39%	-10.87%	7.17%	6.20%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	98.67%	98.61%	98.27%	98.46%	98.43%	98.37%	98.47%	98.23%	97.79%	98.74%	98.25%
EBITDA Margin	20.66%	21.23%	20.22%	21.85%	25.80%	8.13%	2.47%	12.42%	4.67%	1.92%	-30.22%
Operating Margin	25.22%	23.39%	20.09%	21.73%	25.53%	13.89%	2.17%	13.72%	4.92%	2.22%	-30.08%
EBIT Margin	25.22%	23.39%	20.09%	21.73%	25.53%	13.89%	2.17%	13.72%	4.92%	2.22%	-30.08%
Profit (Net Income) Margin	25.39%	23.16%	18.91%	21.67%	25.86%	16.90%	13.07%	18.08%	9.47%	12.02%	-19.26%
Tax Burden Percent	86.24%	85.19%	79.34%	85.32%	89.18%	96.20%	213.63%	110.91%	129.03%	245.09%	71.03%
Interest Burden Percent	116.70%	116.23%	118.62%	116.87%	113.62%	126.52%	281.56%	118.81%	149.16%	220.86%	90.15%
Effective Tax Rate	13.76%	14.81%	20.66%	14.68%	10.82%	3.80%	-113.63%	-10.91%	-29.03%	-145.09%	0.00%
Return on Invested Capital (ROIC)	164.47%	131.17%	103.45%	130.27%	207.34%	114.35%	30.40%	97.04%	47.34%	43.20%	-137.80%
ROIC Less NNEP Spread (ROIC-NNEP)	163.37%	130.16%	102.50%	129.07%	206.16%	113.10%	27.81%	95.94%	46.13%	40.85%	-138.35%
Return on Net Nonoperating Assets (RNNOA)	-142.57%	-111.25%	-87.15%	-108.51%	-180.30%	-98.06%	-23.08%	-78.45%	-38.91%	-34.95%	113.74%
Return on Equity (ROE)	21.90%	19.93%	16.30%	21.76%	27.03%	16.29%	7.32%	18.59%	8.43%	8.24%	-24.06%
Cash Return on Invested Capital (CROIC)	177.10%	102.82%	86.36%	76.72%	112.84%	158.03%	89.33%	80.99%	62.49%	29.41%	-35.86%
Operating Return on Assets (OROA)	20.14%	18.73%	16.52%	19.98%	23.28%	12.82%	1.98%	12.96%	4.54%	2.02%	-27.85%
Return on Assets (ROA)	20.27%	18.54%	15.54%	19.92%	23.59%	15.61%	11.93%	17.08%	8.73%	10.91%	-17.83%
Return on Common Equity (ROCE)	21.90%	19.93%	16.30%	21.76%	27.03%	16.29%	7.32%	18.59%	8.43%	8.24%	-24.06%
Return on Equity Simple (ROE_SIMPLE)	19.81%	0.00%	21.54%	21.13%	22.20%	0.00%	19.61%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	27	27	23	30	42	24	7.30	30	13	11	-35
NOPAT Margin	21.75%	19.92%	15.94%	18.54%	22.76%	13.36%	4.64%	15.22%	6.35%	5.44%	-21.06%
Net Nonoperating Expense Percent (NNEP)	1.10%	1.02%	0.95%	1.20%	1.18%	1.25%	2.59%	1.10%	1.21%	2.34%	0.54%
Return On Investment Capital (ROIC_SIMPLE)	-	5.32%	-	-	-	3.58%	1.07%	4.65%	2.09%	1.70%	-5.44%
Cost of Revenue to Revenue	1.33%	1.39%	1.73%	1.54%	1.57%	1.63%	1.53%	1.77%	2.21%	1.26%	1.75%
SG&A Expenses to Revenue	36.62%	34.82%	38.33%	40.86%	40.40%	45.84%	57.67%	53.41%	59.71%	64.43%	88.15%
R&D to Revenue	36.83%	40.40%	39.85%	35.86%	32.50%	38.65%	38.63%	31.10%	33.16%	32.09%	40.18%
Operating Expenses to Revenue	73.45%	75.23%	78.18%	76.73%	72.90%	84.49%	96.30%	84.51%	92.87%	96.52%	128.33%
Earnings before Interest and Taxes (EBIT)	31	32	30	36	47	25	3.42	27	10	4.49	-50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	26	29	30	36	47	15	3.88	24	9.69	3.88	-50
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.05	6.61	4.74	5.67	7.57	7.77	17.64	12.24	13.86	5.65	6.72
Price to Tangible Book Value (P/TBV)	6.05	6.61	4.74	5.67	7.57	7.77	17.64	12.24	13.86	5.65	6.72
Price to Revenue (P/Rev)	6.21	6.94	4.96	5.94	7.69	7.82	17.58	10.87	11.82	4.81	5.58
Price to Earnings (P/E)	30.77	31.74	22.15	27.07	34.42	37.78	90.94	58.97	83.67	37.29	91.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.25%	3.15%	4.51%	3.69%	2.91%	2.65%	1.10%	1.70%	1.20%	2.68%	1.09%
Enterprise Value to Invested Capital (EV/IC)	50.80	35.95	22.16	27.85	47.03	61.19	102.06	60.18	76.47	27.11	30.79
Enterprise Value to Revenue (EV/Rev)	5.29	6.06	4.10	5.07	6.82	6.93	16.75	10.15	11.11	4.11	4.91
Enterprise Value to EBITDA (EV/EBITDA)	25.11	29.08	18.74	24.14	30.35	36.72	113.05	80.86	156.85	75.22	0.00
Enterprise Value to EBIT (EV/EBIT)	24.25	27.24	17.60	22.59	29.91	34.15	103.55	71.30	125.56	69.83	0.00
Enterprise Value to NOPAT (EV/NOPAT)	29.72	31.97	21.04	26.86	35.09	39.05	105.19	67.33	104.74	46.57	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	15.39	23.01	17.19	23.36	29.65	23.61	63.98	39.90	50.39	22.03	31.32
Enterprise Value to Free Cash Flow (EV/FCFF)	22.57	38.80	30.79	46.47	55.07	37.52	122.80	79.93	132.51	110.90	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.87	-0.85	-0.85	-0.84	-0.87	-0.87	-0.83	-0.82	-0.84	-0.86	-0.82
Leverage Ratio	1.21	1.19	1.18	1.22	1.25	1.23	1.22	1.23	1.27	1.26	1.26
Compound Leverage Factor	1.41	1.39	1.40	1.42	1.42	1.56	3.44	1.46	1.89	2.79	1.13
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	15.10	20.03	17.02	19.80	22.39	21.96	46.49	30.64	29.94	14.09	16.75
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.54	4.39	5.18	5.57	3.70	3.35	3.07	3.06	3.14	2.92	2.86
Quick Ratio	3.20	3.92	4.86	5.23	3.49	3.11	2.69	2.81	2.85	2.60	2.53
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	52	11	-8.90	-15	-2.80	29	-8.36	13	-3.29	-28	-45
Operating Cash Flow to CapEx	142,997.30%	0.00%	0.00%	0.00%	4,515.54%	49,008.26%	4,930.77%	77,085.96%	0.00%	76,896.00%	-8,344.28%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.80	0.80	0.82	0.92	0.91	0.92	0.91	0.94	0.92	0.91	0.93
Accounts Receivable Turnover	14.05	13.37	11.13	13.19	13.32	14.20	11.12	12.10	11.46	13.39	15.25
Inventory Turnover	0.90	0.94	1.12	1.12	1.26	1.08	1.00	1.13	1.31	1.03	0.99
Fixed Asset Turnover	816.00	1,165.16	1,780.71	604.36	388.96	468.13	513.44	374.91	295.05	332.56	269.20
Accounts Payable Turnover	0.49	0.44	0.64	0.62	0.56	0.66	0.53	0.54	0.50	0.47	0.44
Days Sales Outstanding (DSO)	25.97	27.31	32.79	27.68	27.39	25.71	32.84	30.18	31.85	27.27	23.94
Days Inventory Outstanding (DIO)	406.66	389.44	325.27	324.69	289.76	337.80	365.98	322.86	278.07	355.52	369.67
Days Payable Outstanding (DPO)	746.44	827.09	568.62	584.09	657.13	549.61	687.63	673.23	722.88	785.02	830.70
Cash Conversion Cycle (CCC)	-313.81	-410.34	-210.56	-231.71	-339.97	-186.11	-288.80	-320.19	-412.96	-402.23	-437.09
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	47	81	97	104	91	76	112	121	108	115	123
Invested Capital Turnover	7.56	6.58	6.49	7.03	9.11	8.56	6.55	6.38	7.45	7.94	6.54
Increase / (Decrease) in Invested Capital	-25	16	32	45	44	-4.88	16	17	16	39	10
Enterprise Value (EV)	2,379	2,923	2,146	2,890	4,288	4,676	11,480	7,269	8,233	3,128	3,772
Market Capitalization	2,794	3,348	2,597	3,383	4,836	5,280	12,051	7,784	8,757	3,661	4,288
Book Value per Share	$4.50	$4.92	$5.33	$5.73	$6.11	$6.49	$6.48	$6.00	$6.00	$6.16	$6.00
Tangible Book Value per Share	$4.50	$4.92	$5.33	$5.73	$6.11	$6.49	$6.48	$6.00	$6.00	$6.16	$6.00
Total Capital	462	507	548	596	639	680	683	636	632	648	638
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-415	-425	-451	-492	-548	-603	-571	-515	-524	-532	-515
Capital Expenditures (CapEx)	0.04	0.00	0.00	0.00	1.64	0.12	0.10	0.06	0.00	0.05	0.20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-46	-14	-4.60	-13	-40	-53	-27	-44	-53	-53	-61
Debt-free Net Working Capital (DFNWC)	310	354	406	460	341	331	295	298	369	319	277
Net Working Capital (NWC)	310	354	406	460	341	331	295	298	369	319	277
Net Nonoperating Expense (NNE)	-4.49	-4.38	-4.36	-5.12	-5.66	-6.45	-13	-5.56	-6.48	-13	-2.96
Net Nonoperating Obligations (NNO)	-415	-425	-451	-492	-548	-603	-571	-515	-524	-532	-515
Total Depreciation and Amortization (D&A)	-5.64	-2.92	0.18	0.20	0.50	-10	0.46	-2.54	-0.53	-0.61	-0.24
Debt-free, Cash-free Net Working Capital to Revenue	-10.13%	-2.92%	-0.88%	-2.29%	-6.30%	-7.78%	-3.99%	-6.11%	-7.13%	-6.93%	-7.98%
Debt-free Net Working Capital to Revenue	68.81%	73.41%	77.58%	80.77%	54.21%	49.01%	43.10%	41.68%	49.77%	41.95%	36.00%
Net Working Capital to Revenue	68.81%	73.41%	77.58%	80.77%	54.21%	49.01%	43.10%	41.68%	49.77%	41.95%	36.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.31	$0.29	$0.27	$0.34	$0.45	$0.29	$0.19	$0.33	$0.19	$0.24	($0.30)
Adjusted Weighted Average Basic Shares Outstanding	102.01M	103.56M	102.79M	103.12M	103.37M	103.23M	104.11M	104.11M	103.55M	103.86M	104.44M
Adjusted Diluted Earnings per Share	$0.28	$0.27	$0.25	$0.32	$0.41	$0.25	$0.17	$0.29	$0.16	$0.20	($0.30)
Adjusted Weighted Average Diluted Shares Outstanding	111.10M	111.74M	109.92M	111.24M	113.72M	113.48M	119.82M	120.49M	119.44M	119.99M	104.44M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	103.08M	103.52M	104.11M	104.49M	104.78M	105.50M	106.04M	105.37M	105.19M	106.37M	107.35M
Normalized Net Operating Profit after Tax (NOPAT)	27	27	23	30	42	24	2.39	19	7.15	3.14	-35
Normalized NOPAT Margin	21.75%	19.92%	15.94%	18.54%	22.76%	13.36%	1.52%	9.60%	3.45%	1.55%	-21.06%
Pre Tax Income Margin	29.44%	27.18%	23.84%	25.40%	29.00%	17.57%	6.12%	16.30%	7.34%	4.90%	-27.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	123.62%	118.57%	113.59%	11.09%	31.81%	106.36%	162.96%	173.52%	307.29%

Financials Breakdown Chart

Key Financial Trends

MarketBeat analyzed Corcept Therapeutics (CORT) quarterly data across the last four years (Q1 2022 through Q4 2025) to identify notable trends in revenue, profitability, cash flow, and the balance sheet. Below are the 10 most important observations, categorized by potential impact and ordered to highlight positives first, then neutral items, then negatives.

Rising operating revenue over time: Operating revenue grew from about $103.1 million in Q4 2022 to about $202.1 million in Q4 2025, reflecting a multi-year top-line expansion.
Very strong gross margins observed: Total Gross Profit for Q4 2025 was about $199.6 million on $202.1 million of revenue, implying an exceptionally high gross margin in the latest quarter.
Consistent cash generation from operations: Net cash from continuing operating activities was positive in all 2025 quarters, with Q4 2025 at roughly $38.4 million, Q3 2025 at $54.5 million, Q2 2025 at $43.9 million, and Q1 2025 at $59.3 million.
Balance sheet growth indicating scale and investment: Total assets rose from about $524.6 million (Q3 2022) to about $823.6 million (Q3 2025), signaling a growing, investment-ready company footprint.
Earnings per share and quarterly profitability show volatility: Basic and diluted earnings per share fluctuated across quarters (for example, Q4 2025 Basic EPS of $0.24 vs Q4 2024 $0.29), reflecting quarterly variability in profitability.
Shares outstanding relatively stable: Weighted average shares (basic/diluted) hovered in the low-to-mid 100 millions (roughly 103–106 million) across recent periods, indicating modest dilution.
Active investing activity with recurring outflows: The company shows continued investing activity (e.g., purchases of investments and other long-lived assets), which contributes to negative cash flow from investing in several quarters.
Financing actions produce ongoing cash outflows: Net cash from financing activities was negative in multiple quarters in 2025 due to share repurchases and financing activity, reducing cash balances in some periods.
Rising liabilities and pressure on equity: Total liabilities increased over time (e.g., about $108.1 million in 2022 Q3 to roughly $191.7 million by 2025 Q3), and total equity has fluctuated downward due to treasury stock and other adjustments, which can pressure ROE and balance-sheet strength.
2025 earnings variability with meaningful pullbacks: Quarterly net income to common shareholders was volatile in 2025, peaking at around $34.6 million in Q2 2025 but finishing the year lower (around $23.9 million in Q4 2025), signaling inconsistent quarterly performance.

05/06/26 12:32 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Corcept Therapeutics' Financials

When does Corcept Therapeutics' financial year end?

According to the most recent income statement we have on file, Corcept Therapeutics' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Corcept Therapeutics' net income changed over the last 10 years?

Corcept Therapeutics' net income appears to be on an upward trend, with a most recent value of $99.65 million in 2025, falling from -$6.41 million in 2015. The previous period was $141.21 million in 2024. Check out Corcept Therapeutics' forecast to explore projected trends and price targets.

What is Corcept Therapeutics' operating income?

Corcept Therapeutics' total operating income in 2025 was $44.80 million, based on the following breakdown:

Total Gross Profit: $748.43 million
Total Operating Expenses: $703.63 million

How has Corcept Therapeutics' revenue changed over the last 10 years?

Over the last 10 years, Corcept Therapeutics' total revenue changed from $50.29 million in 2015 to $761.41 million in 2025, a change of 1,414.2%.

How much debt does Corcept Therapeutics have?

Corcept Therapeutics' total liabilities were at $188.85 million at the end of 2025, a 17.3% increase from 2024, and a 465.3% increase since 2015.

How much cash does Corcept Therapeutics have?

In the past 10 years, Corcept Therapeutics' cash and equivalents has ranged from $31.06 million in 2017 to $135.55 million in 2023, and is currently $120.50 million as of their latest financial filing in 2025.

How has Corcept Therapeutics' book value per share changed over the last 10 years?

Over the last 10 years, Corcept Therapeutics' book value per share changed from 0.17 in 2015 to 6.16 in 2025, a change of 3,520.5%.

Related Companies

Financial statements for NASDAQ:CORT last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Corcept Therapeutics (CORT) Financials

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Corcept Therapeutics (CORT) Financials

Annual Income Statements for Corcept Therapeutics

Quarterly Income Statements for Corcept Therapeutics

Annual Cash Flow Statements for Corcept Therapeutics

Quarterly Cash Flow Statements for Corcept Therapeutics

Annual Balance Sheets for Corcept Therapeutics

Quarterly Balance Sheets for Corcept Therapeutics

Annual Metrics And Ratios for Corcept Therapeutics

Quarterly Metrics And Ratios for Corcept Therapeutics

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Corcept Therapeutics' Financials

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Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

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