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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 15.69 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 37.62 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -4.00 Bn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 13.05 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -104.13 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 4.38 Bn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn -6.33 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 6.57 Bn
10 Madrigal Pharmaceuticals 14.79 Bn 13.95 Bn - -2.24 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.24 Bn
Mar 31, 2026 -2.18 Bn
Dec 31, 2025 873,000.00
Sep 30, 2025 1.07 Mn
Jun 30, 2025 -1.92 Bn
Mar 31, 2025 389,000.00
Dec 31, 2024 468,000.00
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 -86,000.00
Dec 31, 2022 -32,000.00
Sep 30, 2022 -876.76 Mn
Jun 30, 2022 -447,000.00
Mar 31, 2022 -402,000.00
Dec 31, 2021 -80,000.00
Sep 30, 2021 -602.76 Mn