NASDAQ$RARE

Ultragenyx Pharmaceutical Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for Q1 2021 and reaffirmed the financial guidance for 2021.

Ultragenyx reported a total revenue of $99.4 million for the first quarter of 2021, with Crysvita revenue reaching $42.1 million. The company reaffirmed its 2021 Crysvita revenue guidance of $180 million to $190 million. Dojolvi launch continues with approximately 180 patients on reimbursed commercial therapy in the United States.

  • First quarter 2021 total revenue of $99.4 million.
  • Crysvita revenue to Ultragenyx of $42.1 million.
  • 2021 Crysvita revenue in Ultragenyx territories guidance of $180 million to $190 million reaffirmed.
  • Strong Dojolvi launch continues with approximately 180 patients on reimbursed commercial therapy in the United States

Headline financials

Total Revenue

$99.4M

Previous: $36.3M+173.7%
EPS (adj)

-$2.03

Previous: -$2.05+1.0%
Total Operating Expenses

$206M

Previous: $157M+31.2%
Capital Expenditures

-$16.4M

Previous: -$14.1M-16.4%
Free Cash Flow

-$153M

Previous: -$133M-14.6%
Net Income

-$136M

Previous: -$119M-14.4%
Operating Income

-$107M

Previous: -$121M+11.7%
Cash & Equivalents

$1.05B

Previous: $705M+48.5%
Total Assets

$1.6B

Previous: $1.23B+29.6%

Revenue & EPS history

Ultragenyx · Revenue · Quarterly

$99.4M

Q1 2021+173.7%vs Q1 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Ultragenyx · $56.6M total across 3 segments · Q1 2021

  • Crysvita Revenue
    $46M+59.7%
  • Dojolvi Revenue
    $7.03M
  • Mepsevii Revenue
    $3.61M+6.1%

Forward guidance

The company reaffirmed the 2021 guidance range for Crysvita that was provided at the beginning of the year. This range is $180 million to $190 million and includes the North American profit share region and the other regions where product sales are recognized.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.2%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+0.1%

Avg return

30 days after

42%

20 / 48 earnings

Positive

+14.7%

Q1 2015

Best reaction

-18.9%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%+5.2%-12.5%
Q4 2025-12.7%-13.0%-9.2%
Q3 2025-1.5%-1.6%+12.1%
Q1 2025-4.8%+2.9%+6.0%
Q4 2024-2.4%+1.8%-9.6%
Q3 2024-1.1%-1.4%-7.3%
Q2 2024+12.1%+10.6%+26.1%
Q1 2024-1.3%-3.1%-7.3%
Q4 2023+7.1%+4.8%+3.7%
Q3 2023+7.7%+5.7%+11.4%
Q2 2023-11.1%-16.9%-10.8%
Q1 2023+9.0%+8.6%+17.4%
Q4 2022+10.2%+2.9%-12.8%
Q3 2022-9.0%-16.4%-4.2%
Q2 2022+4.9%+0.9%-2.6%
Q1 2022-18.9%-24.5%-27.5%
Q4 2021-2.5%-1.6%-12.5%
Q3 2021+0.0%-3.1%-8.0%
Q2 2021+4.9%+10.9%+24.8%
Q1 2021-0.5%+7.5%-11.4%
Q4 2020-10.1%-13.7%-24.1%
Q3 2020+4.1%+10.1%+31.3%
Q2 2020+2.5%+10.4%+12.4%
Q1 2020-2.4%+4.1%+8.1%
Q4 2019-2.8%-2.8%-31.1%
Q3 2019-7.9%-4.6%+5.0%
Q2 2019-7.6%-3.6%-9.6%
Q1 2019-8.0%-5.7%-15.4%
Q4 2018+6.8%+5.6%+21.9%
Q3 2018+0.9%-3.0%-6.4%
Q2 2018-9.5%-2.5%+6.8%
Q1 2018+6.1%+17.7%+42.3%
Q4 2017-1.7%+1.6%+9.0%
Q3 2017+3.2%-5.2%+7.7%
Q2 2017-5.4%-10.6%-27.4%
Q1 2017+2.0%+2.5%-5.1%
Q4 2016+0.2%+0.2%+10.2%
Q2 2016-2.2%+0.2%+2.5%
Q1 2016+0.6%
Q4 2015-0.7%
Q3 2015-6.1%
Q2 2015-3.8%
Q1 2015+14.7%
Q4 2014-7.2%
Q3 2014-4.2%
Q2 2014+1.9%
Q1 2014-8.5%
Q4 2013-8.4%
Q2 2013
Q1 2013
Q4 2012

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