This page shows Corcept Therapeutics Inc (CORT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 26 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Corcept Therapeutics Inc has an operating margin of 5.9%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 35/100, indicating healthy but not exceptional operating efficiency. This is down from 20.3% the prior year.
Corcept Therapeutics Inc's revenue grew 12.8% year-over-year to $761.4M, a solid pace of expansion. This earns a growth score of 55/100.
Corcept Therapeutics Inc carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Corcept Therapeutics Inc's current ratio of 2.92 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.
Corcept Therapeutics Inc converts 18.6% of revenue into free cash flow ($141.8M). This strong cash generation earns a score of 72/100.
Corcept Therapeutics Inc's ROE of 15.4% shows moderate profitability relative to equity, earning a score of 45/100. This is down from 20.8% the prior year.
Corcept Therapeutics Inc scores 16.98, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.5B) relative to total liabilities ($188.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Corcept Therapeutics Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Corcept Therapeutics Inc generates $1.42 in operating cash flow ($142.0M OCF vs $99.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Corcept Therapeutics Inc generated $761.4M in revenue in fiscal year 2025. This represents an increase of 12.8% from the prior year.
Corcept Therapeutics Inc's EBITDA was $45.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 66.6% from the prior year.
Corcept Therapeutics Inc reported $99.7M in net income in fiscal year 2025. This represents a decrease of 29.4% from the prior year.
Corcept Therapeutics Inc earned $0.82 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 33.3% from the prior year.
Cash & Balance Sheet
Corcept Therapeutics Inc generated $141.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 27.7% from the prior year.
Corcept Therapeutics Inc held $120.5M in cash against $0 in long-term debt as of fiscal year 2025.
Corcept Therapeutics Inc had 106M shares outstanding in fiscal year 2025. This represents an increase of 0.8% from the prior year.
Margins & Returns
Corcept Therapeutics Inc's gross margin was 98.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
Corcept Therapeutics Inc's operating margin was 5.9% in fiscal year 2025, reflecting core business profitability. This is down 14.4 percentage points from the prior year.
Corcept Therapeutics Inc's net profit margin was 13.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 7.8 percentage points from the prior year.
Corcept Therapeutics Inc's ROE was 15.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.4 percentage points from the prior year.
Capital Allocation
Corcept Therapeutics Inc invested $254.9M in research and development in fiscal year 2025. This represents an increase of 3.2% from the prior year.
Corcept Therapeutics Inc spent $172.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1003.9% from the prior year.
Corcept Therapeutics Inc invested $211K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 90.3% from the prior year.
CORT Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $202.1M-2.7% | $207.6M+6.8% | $194.4M+23.7% | $157.2M-13.6% | $181.9M-0.4% | $182.5M+11.4% | $163.8M+11.6% | $146.8M |
| Cost of Revenue | $2.5M-44.6% | $4.6M+33.9% | $3.4M+42.9% | $2.4M-18.7% | $3.0M+3.1% | $2.9M+13.6% | $2.5M-0.4% | $2.5M |
| Gross Profit | $199.6M-1.7% | $203.0M+6.3% | $191.0M+23.4% | $154.8M-13.5% | $178.9M-0.4% | $179.7M+11.4% | $161.3M+11.8% | $144.3M |
| R&D Expenses | $64.9M-5.8% | $68.8M+13.8% | $60.5M-0.4% | $60.7M-13.6% | $70.3M+18.5% | $59.3M+1.0% | $58.7M+0.4% | $58.5M |
| SG&A Expenses | $130.2M+5.0% | $124.0M+19.4% | $103.9M+14.5% | $90.7M+8.7% | $83.4M+13.1% | $73.7M+10.2% | $66.9M+19.0% | $56.3M |
| Operating Income | $4.5M-56.1% | $10.2M-61.7% | $26.7M+680.9% | $3.4M-86.5% | $25.3M-45.8% | $46.6M+30.9% | $35.6M+20.7% | $29.5M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$14.4M-224.9% | -$4.4M-28.0% | -$3.5M+68.4% | -$10.9M-999.5% | $1.2M-78.8% | $5.7M-6.2% | $6.1M-15.5% | $7.2M |
| Net Income | $24.3M+23.5% | $19.7M-44.0% | $35.1M+71.1% | $20.5M-33.2% | $30.7M-34.9% | $47.2M+33.0% | $35.5M+27.8% | $27.8M |
| EPS (Diluted) | N/A | $0.16-44.8% | $0.29+70.6% | $0.17 | N/A | $0.41+28.1% | $0.32+28.0% | $0.25 |
CORT Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $836.7M+1.6% | $823.6M+2.7% | $801.7M-5.3% | $846.5M+0.7% | $840.6M+7.2% | $784.3M+9.8% | $714.6M+8.9% | $655.9M |
| Current Assets | $485.5M-10.3% | $541.1M+22.1% | $443.1M+1.1% | $438.5M-7.0% | $471.6M+1.0% | $467.0M-16.7% | $560.8M+11.4% | $503.4M |
| Cash & Equivalents | $120.5M-3.7% | $125.1M+21.8% | $102.7M+14.4% | $89.8M-29.6% | $127.7M-7.0% | $137.3M+6.8% | $128.6M-14.1% | $149.8M |
| Inventory | $12.9M+4.2% | $12.3M+0.6% | $12.3M-14.6% | $14.4M+15.8% | $12.4M+54.2% | $8.1M-3.6% | $8.3M+16.1% | $7.2M |
| Accounts Receivable | $59.8M-14.1% | $69.6M+7.8% | $64.6M+4.4% | $61.8M+14.5% | $54.0M-9.6% | $59.7M+10.9% | $53.8M-12.5% | $61.5M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $188.8M-1.5% | $191.7M+15.5% | $165.9M+1.7% | $163.2M+1.4% | $161.0M+10.7% | $145.4M+22.9% | $118.3M+9.5% | $108.1M |
| Current Liabilities | $166.1M-3.6% | $172.3M+19.1% | $144.7M+1.1% | $143.1M+1.6% | $140.8M+11.5% | $126.2M+25.3% | $100.8M+3.7% | $97.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $647.8M+2.5% | $631.9M-0.6% | $635.8M-7.0% | $683.3M+0.5% | $679.6M+6.4% | $638.8M+7.1% | $596.2M+8.8% | $547.9M |
| Retained Earnings | $643.4M+3.9% | $619.1M+3.3% | $599.4M+6.2% | $564.3M+3.8% | $543.7M+6.0% | $513.0M+10.1% | $465.8M+8.2% | $430.3M |
CORT Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $38.4M-29.4% | $54.5M+24.0% | $43.9M+756.8% | $5.1M-91.5% | $60.1M-18.1% | $73.3M+77.9% | $41.2M+73.4% | $23.8M |
| Capital Expenditures | $50K | $0-100.0% | $57K-45.2% | $104K-14.0% | $121K-92.6% | $1.6M+293.0% | $416K | $0 |
| Free Cash Flow | $38.4M-29.5% | $54.5M+24.2% | $43.9M+773.4% | $5.0M-91.6% | $59.9M-16.4% | $71.7M+75.8% | $40.8M+71.6% | $23.8M |
| Investing Cash Flow | -$11.8M-180.9% | $14.6M-79.1% | $70.1M+2311.5% | -$3.2M+95.1% | -$64.4M-46.2% | -$44.0M+26.8% | -$60.2M-567.8% | -$9.0M |
| Financing Cash Flow | -$31.2M+32.7% | -$46.4M+54.9% | -$102.9M-158.6% | -$39.8M-772.1% | -$4.6M+78.4% | -$21.1M-881.0% | -$2.1M-295.9% | -$543K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0-100.0% | $42.5M-58.8% | $103.0M+275.5% | $27.4M | $0-100.0% | $11.7M+236.7% | $3.5M+630.7% | $476K |
CORT Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 98.7%+1.0pp | 97.8%-0.4pp | 98.2%-0.2pp | 98.5%+0.1pp | 98.4%-0.1pp | 98.4%-0.0pp | 98.5%+0.2pp | 98.3% |
| Operating Margin | 2.2%-2.7pp | 4.9%-8.8pp | 13.7%+11.5pp | 2.2%-11.7pp | 13.9%-11.6pp | 25.5%+3.8pp | 21.7%+1.6pp | 20.1% |
| Net Margin | 12.0%+2.5pp | 9.5%-8.6pp | 18.1%+5.0pp | 13.1%-3.8pp | 16.9%-9.0pp | 25.9%+4.2pp | 21.7%+2.8pp | 18.9% |
| Return on Equity | 3.8%+0.6pp | 3.1%-2.4pp | 5.5%+2.5pp | 3.0%-1.5pp | 4.5%-2.9pp | 7.4%+1.4pp | 5.9%+0.9pp | 5.1% |
| Return on Assets | 2.9%+0.5pp | 2.4%-2.0pp | 4.4%+1.9pp | 2.4%-1.2pp | 3.7%-2.4pp | 6.0%+1.0pp | 5.0%+0.7pp | 4.2% |
| Current Ratio | 2.92-0.2 | 3.14+0.1 | 3.060.0 | 3.06-0.3 | 3.35-0.3 | 3.70-1.9 | 5.57+0.4 | 5.18 |
| Debt-to-Equity | 0.29-0.0 | 0.30+0.0 | 0.26+0.0 | 0.240.0 | 0.240.0 | 0.23+0.0 | 0.200.0 | 0.20 |
| FCF Margin | 19.0%-7.2pp | 26.2%+3.7pp | 22.6%+19.4pp | 3.2%-29.8pp | 33.0%-6.3pp | 39.3%+14.4pp | 24.9%+8.7pp | 16.2% |
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Frequently Asked Questions
What is Corcept Therapeutics Inc's annual revenue?
Corcept Therapeutics Inc (CORT) reported $761.4M in total revenue for fiscal year 2025. This represents a 12.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Corcept Therapeutics Inc's revenue growing?
Corcept Therapeutics Inc (CORT) revenue grew by 12.8% year-over-year, from $675.0M to $761.4M in fiscal year 2025.
Is Corcept Therapeutics Inc profitable?
Yes, Corcept Therapeutics Inc (CORT) reported a net income of $99.7M in fiscal year 2025, with a net profit margin of 13.1%.
What is Corcept Therapeutics Inc's EBITDA?
Corcept Therapeutics Inc (CORT) had EBITDA of $45.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Corcept Therapeutics Inc's gross margin?
Corcept Therapeutics Inc (CORT) had a gross margin of 98.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Corcept Therapeutics Inc's operating margin?
Corcept Therapeutics Inc (CORT) had an operating margin of 5.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Corcept Therapeutics Inc's net profit margin?
Corcept Therapeutics Inc (CORT) had a net profit margin of 13.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Corcept Therapeutics Inc's return on equity (ROE)?
Corcept Therapeutics Inc (CORT) has a return on equity of 15.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Corcept Therapeutics Inc's free cash flow?
Corcept Therapeutics Inc (CORT) generated $141.8M in free cash flow during fiscal year 2025. This represents a -27.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Corcept Therapeutics Inc's operating cash flow?
Corcept Therapeutics Inc (CORT) generated $142.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Corcept Therapeutics Inc's total assets?
Corcept Therapeutics Inc (CORT) had $836.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Corcept Therapeutics Inc's capital expenditures?
Corcept Therapeutics Inc (CORT) invested $211K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Corcept Therapeutics Inc spend on research and development?
Corcept Therapeutics Inc (CORT) invested $254.9M in research and development during fiscal year 2025.
What is Corcept Therapeutics Inc's current ratio?
Corcept Therapeutics Inc (CORT) had a current ratio of 2.92 as of fiscal year 2025, which is generally considered healthy.
What is Corcept Therapeutics Inc's debt-to-equity ratio?
Corcept Therapeutics Inc (CORT) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Corcept Therapeutics Inc's return on assets (ROA)?
Corcept Therapeutics Inc (CORT) had a return on assets of 11.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Corcept Therapeutics Inc's Altman Z-Score?
Corcept Therapeutics Inc (CORT) has an Altman Z-Score of 16.98, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Corcept Therapeutics Inc's Piotroski F-Score?
Corcept Therapeutics Inc (CORT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Corcept Therapeutics Inc's earnings high quality?
Corcept Therapeutics Inc (CORT) has an earnings quality ratio of 1.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Corcept Therapeutics Inc?
Corcept Therapeutics Inc (CORT) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.