Vanda Pharmaceuticals VNDA
NASDAQ VNDA
$5.41 +0.07 (+1.40%)
As of: Sep 4, 2026 · 3:18 PM EDT

Vanda Pharmaceuticals (VNDA) Operating Income (2010 - 2026)

Vanda Pharmaceuticals (VNDA) posted Operating Income of -$50.2 million for Q1 2026, down 24.46% sequentially from -$40.4 million in Q4 2025, and down 22.41% YoY from -$64.7 million in Q1 2025.

Analysis

Vanda Pharmaceuticals (VNDA) Operating Income (2010 - 2026) Analysis & Trends

Vanda Pharmaceuticals has reported Operating Income for 17 years, with the latest figure at -$50.2 million in Q1 2026.

  • Quarterly Operating Income fell 22.41% year-over-year to -$50.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$160.4 million (down 121.34% YoY) and the FY2025 annual result came in at -$151.2 million, down 271.79% from the prior year.
  • Operating Income fell to -$50.2 million in Q1 2026 per VNDA's latest filing, from -$40.4 million in the prior quarter.
  • Over five years, Operating Income peaked at $6.6 million in Q4 2022 and troughed at -$50.2 million in Q1 2026.
  • A 5-year average of -$14.7 million and a median of -$9.2 million in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2023 and 2024: Operating Income soared 126.13% in 2023, then tumbled 560.83% in 2024.
  • Over 5 years, Operating Income stood at $6.6 million in 2022, then tumbled by 207.01% to -$7.1 million in 2023, then plunged by 44.9% to -$10.3 million in 2024, then plunged by 292.58% to -$40.4 million in 2025, then dropped by 24.46% to -$50.2 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$50.2 million, -$40.4 million, and -$31.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vertex Pharmaceuticals 138.43 Bn 130.58 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.34 Bn 58.15 Bn 1.37 Bn 493.00 Mn
4 Moderna 57.98 Bn 52.85 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 43.98 Bn 43.98 Bn - -505.13 Mn
6 BeOne Medicines 39.92 Bn 34.82 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.42 Bn 32.11 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.42 Bn 27.58 Bn - 133.12 Mn
9 Insmed 27.36 Bn 26.20 Bn 358.27 Mn -1.55 Mn
10 Vanda Pharmaceuticals 326.13 Mn 156.10 Mn 46.97 Mn -63.81 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -63.81 Mn
Mar 31, 2026 -50.22 Mn
Dec 31, 2025 -40.35 Mn
Sep 30, 2025 -31.28 Mn
Jun 30, 2025 -38.50 Mn
Mar 31, 2025 -41.03 Mn
Dec 31, 2024 -10.28 Mn
Sep 30, 2024 -11.00 Mn
Jun 30, 2024 -10.15 Mn
Mar 31, 2024 -9.24 Mn
Dec 31, 2023 -7.09 Mn
Sep 30, 2023 -6.00 Mn
Jun 30, 2023 -2.87 Mn
Mar 31, 2023 2.00 Mn
Dec 31, 2022 6.63 Mn
Sep 30, 2022 3.91 Mn
Jun 30, 2022 3.46 Mn
Mar 31, 2022 -7.67 Mn
Dec 31, 2021 8.64 Mn
Sep 30, 2021 10.82 Mn