MYGN (MYGN) financial statements
MYGN reported revenue of $824M in fiscal 2025, up 1.4% a year over 9 years.
Net income was -$366M and the operating margin -47.0%, against 6.0% in 2017.
The diluted share count rose 35% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MYGN's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $729M | $744M | $851M | $639M | $557M | $691M | $678M | $753M | $838M | $824M |
| Cost of revenue | $145M | — | — | — | — | — | $202M | $236M | $252M | $248M |
| Gross profit | $584M | — | — | — | — | — | $476M | $517M | $585M | $577M |
| Research and development | $74M | $71M | $86M | $77M | $73M | $82M | $85M | $89M | $113M | $107M |
| Selling, general and admin | $440M | $435M | $557M | $507M | $497M | $538M | $515M | $573M | $560M | $538M |
| Operating income | $44M | $122M | $8M | -$232M | -$290M | -$190M | -$141M | -$257M | -$124M | -$387M |
| Interest expense | $6M | $3M | $12M | $11M | $11M | $7M | $3M | $3M | $3M | $10M |
| Pre-tax income | $36M | $120M | $0 | -$223M | -$284M | -$57M | -$141M | -$262M | -$124M | -$395M |
| Income tax | $19M | -$13M | -$4M | -$24M | -$60M | -$30M | -$29M | $1M | $4M | -$29M |
| Net income | $17M | $133M | $5M | -$200M | -$224M | -$27M | -$112M | -$263M | -$127M | -$366M |
| EPS (diluted) | $0.25 | $1.85 | $0.06 | -$2.69 | -$2.99 | -$0.35 | -$1.39 | -$3.18 | -$1.41 | -$3.95 |
| Diluted shares | 69M | 72M | 76M | 74M | 75M | 78M | 81M | 83M | 91M | 93M |
| Gross margin | 80.1% | — | — | — | — | — | 70.2% | 68.6% | 69.9% | 69.9% |
| Operating margin | 6.0% | 16.4% | 0.9% | -36.3% | -52.0% | -27.6% | -20.7% | -34.2% | -14.7% | -47.0% |
| Net margin | 2.4% | 17.9% | 0.5% | -31.2% | -40.1% | -3.9% | -16.5% | -35.0% | -15.2% | -44.4% |
Balance sheet
Fiscal years, from MYGN's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $151M | $181M | $192M | $255M | $172M | $399M | $170M | $141M | $102M | $150M |
| Receivables | $89M | $100M | $134M | $68M | $90M | $91M | $102M | $114M | $121M | $115M |
| Inventory | $42M | $34M | $31M | $29M | $27M | $15M | $20M | $22M | $28M | $31M |
| Total current assets | $302M | $328M | $349M | $332M | $389M | $485M | $275M | $314M | $298M | $333M |
| Property, plant and equipment | $51M | $43M | $57M | $37M | $41M | $44M | $83M | $119M | $117M | $114M |
| Goodwill | $316M | $319M | $417M | $328M | $329M | $239M | $287M | $287M | $286M | $52M |
| Total assets | $1.2B | $1.2B | $1.6B | $1.4B | $1.4B | $1.3B | $1.2B | $1.1B | $1.0B | $707M |
| Total current liabilities | $218M | $102M | $118M | $147M | $146M | $204M | $137M | $156M | $164M | $134M |
| Long-term debt | $99M | $9M | $234M | $224M | $225M | $0 | $0 | $38M | $40M | $120M |
| Total liabilities | $441M | $209M | $474M | $486M | $538M | $353M | $313M | $363M | $326M | $339M |
| Shareholders' equity | $768M | $966M | $1.1B | $918M | $881M | $968M | $886M | $783M | $701M | $368M |
| Net debt | -$3M | -$102M | $140M | $61M | $108M | -$257M | -$57M | -$94M | -$63M | -$30M |
Cash flow
Fiscal years, from MYGN's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $106M | $116M | $84M | $61M | — | $19M | -$106M | -$111M | -$9M | $2M |
| Capital spending | $6M | $8M | $9M | $10M | — | $18M | $45M | $10M | $11M | — |
| Free cash flow | $100M | $108M | $75M | $50M | — | $600,000 | -$152M | -$121M | -$19M | — |
| Stock-based compensation | $30M | $27M | $34M | $25M | — | $36M | $38M | $41M | $50M | $35M |
| Share buybacks (net) | -$32M | $0 | -$50M | $0 | — | $0 | — | — | — | — |
| Free cash flow margin | 13.7% | 14.5% | 8.8% | 7.9% | — | 0.1% | -22.3% | -16.1% | -2.3% | — |
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What was MYGN's revenue in 2025?
$824M in fiscal 2025, from its 10-K filing.
From MYGN's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.