NASDAQ$BPMC

Blueprint Medicines Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Blueprint Medicines reported first quarter 2022 results.

Blueprint Medicines achieved $23.8 million in AYVAKIT® net product revenues and $62.7 million in total revenues. They are on track to report topline data for the registration-enabling PIONEER trial of AYVAKIT in non-advanced SM in late summer 2022.

  • Achieved $23.8 million in AYVAKIT® (avapritinib) net product revenues, and $62.7 million in total revenues
  • AYVAKYT® (avapritinib) launch in Germany underway following European Commission approval for advanced SM on March 25
  • First patients dosed in BLU-701, BLU-451, and BLU-222 clinical trials; trial cohort initiated for BLU-945 in combination with osimertinib
  • On track to report topline data for registration-enabling PIONEER trial of AYVAKIT in non-advanced SM in late summer 2022

Headline financials

Total Revenue

$62.7M

Previous: $21.6M+190.7%
EPS (adj)

-$1.79

Previous: -$1.72-4.1%
Capital Expenditures

$1.15M

Previous: $173K+566.5%
Free Cash Flow

-$134M

Previous: -$126M-6.3%
Net Income

-$106M

Previous: -$99.7M-6.3%
Gross Profit

$57.7M

Previous: $21.5M+168.5%
Cash & Equivalents

$37.2M

Previous: $1.43B-97.4%
Total Assets

$1.14B

Previous: $1.63B-29.7%
Stock-Based Comp

$23.4M

Previous: $20.7M+13.1%

Revenue & EPS history

Blueprint Medicines · Revenue · Quarterly

$62.7M

Q1 2022+190.7%vs Q1 2021
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

Blueprint Medicines continues to anticipate approximately $180 to $200 million in total net revenues in 2022, including approximately $115 to $130 million in AYVAKIT net product revenues. The company continues to expect that its existing cash, cash equivalents and investments, together with anticipated future product revenues, will provide sufficient capital to enable the company to achieve a self-sustainable financial profile.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+2.5%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+6.3%

Avg return

30 days after

68%

27 / 40 earnings

Positive

+24.7%

Q3 2023

Best reaction

-20.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025+10.9%+11.0%+13.3%
Q4 2025-8.1%-10.9%-13.4%
Q3 2025+4.9%+10.2%+14.0%
Q2 2024-10.7%-14.4%-11.8%
Q1 2024+13.0%+14.3%+11.2%
Q4 2023+17.5%+18.9%+17.9%
Q3 2023+24.7%+34.1%+55.8%
Q2 2023-20.7%-26.6%-21.2%
Q1 2023+8.4%+4.5%+12.1%
Q4 2022+5.0%-1.2%+2.4%
Q3 2022-11.1%-19.0%-8.5%
Q2 2022+18.0%+34.7%+46.0%
Q1 2022+5.9%-4.9%-4.8%
Q4 2021-17.0%-19.9%-21.9%
Q3 2021+7.9%+6.4%-3.1%
Q2 2021+6.0%+3.8%+13.2%
Q1 2021-1.0%
Q4 2020+3.8%
Q3 2020-2.2%
Q2 2020-0.8%
Q1 2020+0.7%
Q4 2019+3.5%
Q3 2019+10.4%
Q2 2019-9.2%
Q1 2019+9.0%
Q4 2018+1.4%
Q3 2018-1.4%
Q1 2018+1.3%
Q4 2017+5.5%
Q3 2017+4.8%
Q2 2017-9.8%
Q1 2017-11.6%
Q4 2016+13.0%
Q3 2016+9.9%
Q2 2016+2.4%
Q1 2016-1.4%
Q4 2015+4.6%
Q3 2015+1.4%
Q2 2015+2.5%
Q1 2015+8.4%
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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