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Mirum Pharmaceuticals, Inc.

NASDAQ•MIRM
CEO: Mr. Christopher Peetz
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2019-07-18
Mirum Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies for debilitating rare and orphan diseases. Its lead product candidate is LIVMARLI (maralixibat), an orally administered and minimally absorbed ileal bile acid transporter (IBAT) inhibitor that is approved for the treatment of cholestatic pruritus in patients with Alagille syndrome in the United States and internationally. The company is also involved in the commercialization of Cholbam, a cholic acid capsule, which is approved as treatment for pediatric and adult patients with bile acid synthesis disorders due to single enzyme defects and for adjunctive treatment of patients with peroxisomal disorders, including peroxisome biogenesis disorder-Zellweger spectrum disorder and Smith-Lemli-Opitz syndrome; and Chenodal, a tablet, which is approved for the treatment of radiolucent stones in the gallbladder, and under Phase 3 development for the treatment cerebrotendinous xanthomatosis. In addition, it develops Volixibat, an oral and minimally absorbed agent designed to inhibit IBAT, currently under Phase 2b clinical trial for the treatment of adult patients with cholestatic liver diseases. The company was incorporated in 2018 and is headquartered in Foster City, California.
Contact Information
950 Tower Lane, Suite 1050, Foster City, CA, 94404, United States
650-667-4085
www.mirumpharma.com
Market Cap
$4.56B
P/E (TTM)
-195.4
17.5
Dividend Yield
--
52W High
$109.28
52W Low
$36.88
52W Range
75%
Rank57Top 83.3%
2.4
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 2.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$148.93M+0.00%
4-Quarter Trend

EPS

-$0.12+0.00%
4-Quarter Trend

FCF

$5.47M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Product Sales Surge Net product sales reached $521.3M, up 54.9% driven by Livmarli and Bile Acid Medicines integration.
Operational Loss Significantly Reduced Loss from operations improved $65.5M to $(22.1M) for 2025, reflecting strong revenue growth and cost control.
Cash Flow From Operations Strong Net cash provided by operating activities was $55.8M in 2025, a massive increase from $10.3M in 2024.
Key Product Approvals Secured Ctexli (Chenodiol) gained FDA approval for CTX treatment in February 2025, expanding commercial portfolio.

Risk Factors

Need Substantial Additional Financing Continued net losses require substantial financing for development; failure risks delaying or eliminating programs.
LIVMARLI Patent Litigation Risk Ongoing LIVMARLI patent litigation faces a 30-month stay until March 2029, risking generic competition impact.
Reliance on Third-Party Manufacturing Complete reliance on third parties for drug supply creates risk of delays or failure to meet quality levels.
Small Patient Population Exposure Focus on rare diseases means market size estimates are critical; smaller populations severely impact revenue potential.

Outlook

Volixibat Clinical Trial Updates Expecting VISTAS PSC trial topline results in Q2 2026; VANTAGE PBC enrollment completion in H2 2026.
Brelovitug Phase 3 Data Expected Topline results for brelovitug AZURE-1 and -4 registration trials anticipated in the second half of 2026.
MRM-3379 Phase 2 Data Timeline Enrolling MRM-3379 for FXS; expecting topline data from the BLOOM Phase 2 study in 2027.
Continue Pipeline Acquisition Strategy Strategy includes leveraging expertise to identify, acquire, in-license, and advance additional rare disease candidates.

Peer Comparison

Revenue (TTM)

ACAD stock ticker logoACAD
$1.07B
+11.9%
RARE stock ticker logoRARE
$672.72M
+20.1%
MIRM stock ticker logoMIRM
$521.31M
+54.7%

Gross Margin (Latest Quarter)

LGND stock ticker logoLGND
143.6%
+2.6pp
SLNO stock ticker logoSLNO
99.1%
+0.0pp
QURE stock ticker logoQURE
92.2%
+33.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PRAX$6.55B-23.0-58.7%0.0%
BLTE$6.53B-75.2-42.7%0.0%
CGON$5.30B-30.2-22.9%0.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
10.1%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:Apr 30, 2026
|
EPS:-$0.34
|
Revenue:$148.80M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data