Galapagos N.V. (GLPG) — Financial statements
Income statement, balance sheet, and cash flow for Galapagos N.V. — annual and quarterly history with growth and margin analysis.
| Metric (EUR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,112↑303.5% | 276↑15.0% | 240↓0.6% | 241↓50.2% | 485 | |
| Cost of Revenue | 30↓14.7% | 35 | 0.00 | 0.00↓100.0% | 2 | |
| Gross Profit | 1,083↑349.6% | 241↑0.4% | 240↓0.6% | 241↓50.1% | 483 | |
| Operating Expenses | ||||||
| R&D Expenses | 459↑37.0% | 335↑39.0% | 241↓10.6% | 270↓45.1% | 492 | |
| General & Administrative Expenses | 111↑17.5% | 94↑1.7% | 92↓9.4% | 102↑4.9% | 97 | |
| Selling & Marketing Expenses | 1↓50.5% | 3↑58.4% | 2↑40.2% | 1↓98.2% | 70 | |
| SG&A Expenses | 112↑15.6% | 97↑2.8% | 94↓8.8% | 103↓38.2% | 167 | |
| Other Expenses | 10↑403.0% | -3↑57.5% | -8↓842.5% | -0.80↑92.1% | -10 | |
| Operating Expenses | 581↑35.4% | 429↑30.8% | 328↓11.9% | 372↓42.6% | 649 | |
| Total Costs & Expenses | 611↑31.7% | 464↑41.5% | 328↓11.9% | 372↓42.8% | 650 | |
| Operating Results | ||||||
| Operating Income | 501↑366.2% | -188↓113.4% | -88↑32.7% | -131↑20.9% | -166 | |
| Depreciation & Amortization | 56↑22.8% | 45↑4.3% | 44↓33.4% | 66↑207.8% | 21 | |
| EBITDA | 359↑728.5% | 43↓15.1% | 51↑1218.1% | 4↑103.8% | -101 | |
| EBIT | 303↑14041.5% | -2↓129.4% | 7↑112.0% | -62↑49.5% | -122 | |
| Interest & Other Income | ||||||
| Net Interest Income | 44↓50.3% | 89↑14.5% | 78↑768.5% | 9↑202.4% | -9 | |
| Interest Income | 46↓48.4% | 90↑13.2% | 79↑338.2% | 18↑531.6% | 3 | |
| Interest Expense | 2↑143.4% | 0.91↓44.9% | 2↓81.9% | 9↓21.0% | 12 | |
| Non-Operating Income | 198↑206.5% | -186↓94.6% | -96↓37.9% | -69↓40.6% | -49 | |
| Other Income / Expenses | -201↓208.2% | 185↑97.3% | 94↑55.9% | 60↑24.0% | 49 | |
| Income Before Tax | 301↑9852.7% | -3↓154.8% | 6↑107.9% | -71↑42.4% | -123 | |
| Income Tax Expense | -19↓932.8% | -2↓118.8% | 10↑1580.6% | 0.57↓76.4% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 319↑25021.4% | -1↑67.9% | -4↑94.4% | -71↑43.1% | -125 | |
| Net Income from Discontinued Operations | 1↓98.2% | 75↓65.1% | 216↑247.2% | -147 | 0.00 | |
| Net Income | 321↑333.1% | 74↓65.0% | 212↑197.1% | -218↓73.8% | -125 | |
| Bottom-Line Net Income | 321↑333.1% | 74↓65.0% | 212↑197.1% | -218↓80.5% | -121 | |
| EPS (Basic) | 4.85↑333.0% | 1.12↑1936.1% | -0.06↑98.2% | -3.32↓73.8% | -1.91 | |
| EPS (Diluted) | 4.85↑333.0% | 1.12↑1951.2% | -0.06↑98.2% | -3.32↓73.8% | -1.91 | |
| Weighted Average Shares | 66↑0.1% | 66↑0.3% | 66↑0.4% | 66↑0.3% | 66 | |
| Weighted Average Diluted Shares | 66↓0.4% | 66↑0.3% | 66↑0.4% | 66↑0.3% | 66 | |
* All figures in Millions of EUR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.