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BCRX Stock Analysis - BIOCRYST PHARMACEUTICALS INC AI Rating

BCRX Nasdaq Biological Products, (No Diagnostic Substances) DE CIK: 0000882796
Recently Updated • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
AI Rating
HOLD
62% Confidence

📊 BCRX Key Takeaways

Revenue: $874.8M
Net Margin: 30.2%
Free Cash Flow: $344.9M
Current Ratio: 2.06x
Debt/Equity: N/A
EPS: $1.21
AI Rating: HOLD with 62% confidence

Investment Thesis

BioCryst demonstrates exceptional revenue growth (+94.1% YoY) and strong profitability metrics (39% operating margin, 30.2% net margin) with robust free cash flow generation ($344.9M). However, the negative stockholders' equity of -$119.2M represents a critical balance sheet deterioration that must be resolved, creating meaningful financial risk despite operational strength.

BCRX Strengths

  • + Exceptional revenue growth of 94.1% year-over-year indicating strong market demand
  • + Impressive net income growth of 396.9% with net margin of 30.2% showing operational leverage
  • + Strong free cash flow generation at $344.9M (39.4% FCF margin) providing financial flexibility
  • + Healthy liquidity position with current ratio of 2.06x and quick ratio of 2.03x
  • + Robust operating cash flow of $347.4M with minimal capital expenditure requirements

BCRX Risks

  • ! Critical balance sheet weakness with negative stockholders' equity of -$119.2M indicating liabilities exceed assets by $119.2M
  • ! Total liabilities of $633.3M exceed total assets of $514.2M, creating solvency concerns
  • ! Significant insider trading activity with 10 Form 4 filings in last 90 days warrants monitoring for insider confidence signals
  • ! Negative equity makes traditional leverage metrics meaningless and limits financing flexibility
  • ! Sustainability of 94% revenue growth rates uncertain; margin compression risk if growth moderates

Key Metrics to Watch

BCRX Financial Metrics

Revenue
$874.8M
Net Income
$263.9M
EPS (Diluted)
$1.21
Free Cash Flow
$344.9M
Total Assets
$514.2M
Cash Position
$89.7M

💡 AI Analyst Insight

The 39.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.06x current ratio provides a solid financial cushion.

BCRX Profitability Ratios

Gross Margin N/A
Operating Margin 39.0%
Net Margin 30.2%
ROE N/A
ROA 51.3%
FCF Margin 39.4%

BCRX vs Healthcare Sector

How BIOCRYST PHARMACEUTICALS INC compares to Healthcare sector averages

Net Margin
BCRX 30.2%
vs
Sector Avg 12.0%
BCRX Sector
ROE
BCRX 0.0%
vs
Sector Avg 15.0%
BCRX Sector
Current Ratio
BCRX 2.1x
vs
Sector Avg 2.0x
BCRX Sector
Debt/Equity
BCRX 0.0x
vs
Sector Avg 0.6x
BCRX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BCRX Balance Sheet & Liquidity

Current Ratio
2.06x
Quick Ratio
2.03x
Debt/Equity
N/A
Debt/Assets
123.2%
Interest Coverage
6.93x
Long-term Debt
$0.0

BCRX 5-Year Financial Trend

BCRX 5-year financial data: Year 2021: Revenue $157.2M, Net Income -$108.9M, EPS N/A. Year 2022: Revenue $270.8M, Net Income -$182.8M, EPS $-1.09. Year 2023: Revenue $331.4M, Net Income -$184.1M, EPS $-1.03. Year 2024: Revenue $450.7M, Net Income -$247.1M, EPS $-1.33. Year 2025: Revenue $874.8M, Net Income -$226.5M, EPS $-1.18.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BIOCRYST PHARMACEUTICALS INC's revenue has grown significantly by 457% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.18 indicates the company is currently unprofitable.

BCRX Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
39.4%
Free cash flow / Revenue

BCRX Quarterly Performance

Quarterly financial performance data for BIOCRYST PHARMACEUTICALS INC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $117.1M $32.0K $0.06
Q2 2025 $109.3M $32.0K $0.02
Q1 2025 $92.8M $32.0K $0.00
Q3 2024 $86.7M -$12.7M $-0.07
Q2 2024 $82.5M -$12.7M $-0.06
Q1 2024 $68.8M -$35.4M $-0.17
Q3 2023 $75.8M -$36.1M $-0.19
Q2 2023 $65.5M -$53.3M $-0.32

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BCRX Capital Allocation

Operating Cash Flow
$347.4M
Cash generated from operations
Stock Buybacks
$61.0K
Shares repurchased (TTM)
Capital Expenditures
$2.5M
Investment in assets
Dividends
None
No dividend program

BCRX SEC Filings

Access official SEC EDGAR filings for BIOCRYST PHARMACEUTICALS INC (CIK: 0000882796)

📋 Recent SEC Filings

Date Form Document Action
Mar 18, 2026 4 xslF345X06/form4.xml View →
Mar 3, 2026 4 xslF345X05/form4.xml View →
Mar 3, 2026 4 xslF345X05/form4.xml View →
Mar 3, 2026 4 xslF345X05/form4.xml View →
Mar 3, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about BCRX

What is the AI rating for BCRX?

BIOCRYST PHARMACEUTICALS INC (BCRX) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BCRX's key strengths?

Exceptional revenue growth of 94.1% year-over-year indicating strong market demand. Impressive net income growth of 396.9% with net margin of 30.2% showing operational leverage.

What are the risks of investing in BCRX?

Critical balance sheet weakness with negative stockholders' equity of -$119.2M indicating liabilities exceed assets by $119.2M. Total liabilities of $633.3M exceed total assets of $514.2M, creating solvency concerns.

What is BCRX's revenue and growth?

BIOCRYST PHARMACEUTICALS INC reported revenue of $874.8M.

Does BCRX pay dividends?

BIOCRYST PHARMACEUTICALS INC does not currently pay dividends.

Where can I find BCRX SEC filings?

Official SEC filings for BIOCRYST PHARMACEUTICALS INC (CIK: 0000882796) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BCRX's EPS?

BIOCRYST PHARMACEUTICALS INC has a diluted EPS of $1.21.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI