Madrigal Pharmaceuticals (MDGL) Retained Earnings (2010 - 2026)
Madrigal Pharmaceuticals (MDGL) posted quarterly Retained Earnings of -$2.2 billion for Q2 2026, down 16.95% year-over-year from -$2.7 billion in Q2 2025, and down 2.65% quarter-over-quarter from -$2.2 billion in Q1 2026.
Analysis
Madrigal Pharmaceuticals (MDGL) Retained Earnings (2010 - 2026) Analysis & Trends
Madrigal Pharmaceuticals (MDGL) has reported Retained Earnings for 17 consecutive years, with -$2.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Retained Earnings fell 16.95% year-over-year to -$2.2 billion; the TTM figure through Jun 2026 stood at -$2.2 billion (down 16.95% YoY), while the FY2025 annual figure was -$2.1 billion, down 16.0% from the prior year.
- Retained Earnings declined to -$2.2 billion in Q2 2026 per MDGL's latest filing, from -$2.2 billion in the prior quarter.
- Across five years, Retained Earnings topped out at -$724.8 million in Q1 2022 and bottomed at -$2.2 billion in Q2 2026.
- Historically, Retained Earnings has averaged -$1.5 billion across 5 years, with a median of -$1.6 billion in 2024.
- Annual changes were most pronounced in 2022 — Retained Earnings tumbled 51.63% — and 2025, when it decreased 16.0%.
- Madrigal Pharmaceuticals' Retained Earnings stood at -$962.7 million in 2022, then sank by 38.81% to -$1.3 billion in 2023, then slumped by 34.86% to -$1.8 billion in 2024, then fell by 16.0% to -$2.1 billion in 2025, then declined by 7.29% to -$2.2 billion in 2026.
- Business Quant data shows MDGL's Retained Earnings at -$2.2 billion in Q2 2026, -$2.2 billion in Q1 2026, and -$2.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.31 Bn | 131.46 Bn | 2.84 Bn | 15.69 Bn |
| 2 | Regeneron Pharmaceuticals | 85.65 Bn | 77.66 Bn | 3.93 Bn | 37.62 Bn |
| 3 | Argenx Se | 63.46 Bn | 58.27 Bn | 1.37 Bn | 558.00 Mn |
| 4 | Moderna | 57.94 Bn | 52.80 Bn | 52.00 Mn | 5.10 Bn |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | -4.00 Bn |
| 6 | BeOne Medicines | 39.96 Bn | 34.86 Bn | 1.53 Bn | 13.05 Bn |
| 7 | Alnylam Pharmaceuticals | 35.16 Bn | 31.85 Bn | 992.69 Mn | -6.33 Bn |
| 8 | Royalty Pharma | 28.44 Bn | 27.60 Bn | - | 4.38 Bn |
| 9 | Insmed | 27.32 Bn | 26.16 Bn | 358.27 Mn | 6.57 Bn |
| 10 | Madrigal Pharmaceuticals | 15.77 Bn | 14.93 Bn | - | -2.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.24 Bn |
| Mar 31, 2026 | -2.18 Bn |
| Dec 31, 2025 | -2.09 Bn |
| Sep 30, 2025 | -2.03 Bn |
| Jun 30, 2025 | -1.92 Bn |
| Mar 31, 2025 | -1.88 Bn |
| Dec 31, 2024 | -1.80 Bn |
| Sep 30, 2024 | -1.74 Bn |
| Jun 30, 2024 | -1.64 Bn |
| Mar 31, 2024 | -1.48 Bn |
| Dec 31, 2023 | -1.34 Bn |
| Sep 30, 2023 | -1.22 Bn |
| Jun 30, 2023 | -1.13 Bn |
| Mar 31, 2023 | -1.04 Bn |
| Dec 31, 2022 | -962.70 Mn |
| Sep 30, 2022 | -876.80 Mn |
| Jun 30, 2022 | -795.60 Mn |
| Mar 31, 2022 | -724.83 Mn |
| Dec 31, 2021 | -667.31 Mn |
| Sep 30, 2021 | -602.80 Mn |