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Income Statement
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Common Size IS
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Sage Therapeutics, Inc. (SAGE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  6.31,114.26.990.30.00.00.00.0
            Revenue growth  -99.4%16123.1%-92.4%     
Cost of goods sold  0.60.60.40.00.00.00.00.0
Gross profit  5.81,113.66.590.30.00.00.00.0
            Gross margin  91.2%99.9%94.2%100.0%    
Selling, general and administrative   [+]183.5197.0345.8201.462.939.425.39.7
Research and development  283.2292.7368.8282.1210.3120.869.424.1
EBITDA   [+]-456.7626.6-705.8-392.1-272.6-159.9-94.5-33.8
            EBITDA margin  -7240.4%56.2%-10277.2%-434.3%    
Depreciation and amortization  4.22.62.31.10.50.30.10.1
EBIT   [+]-460.9624.0-708.1-393.2-273.2-160.2-94.7-33.8
            EBIT margin  -7306.7%56.0%-10310.5%-435.6%    
Non-recurring items   27.7      
Interest income  2.99.627.820.33.11.20.20.0
Other income (expense), net   [+]0.10.20.10.0-0.10.00.00.0
Pre-tax income  -457.9606.1-680.2-372.9-270.1-159.0-94.5-33.8
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -457.9606.1-680.2-372.9-270.1-159.0-94.5-36.1
            Net margin  -7258.9%54.4%-9904.5%-413.1%    
   
Basic EPS   [+]($7.80)$11.66($13.38)($8.08)($7.09)($4.75)($3.40)($1.67)
Diluted EPS   [+]($7.80)$11.43($13.38)($8.08)($7.09)($4.75)($3.40)($1.67)
   
Shares outstanding (basic)   [+]58.752.050.846.138.133.527.821.6
Shares outstanding (diluted)   [+]58.753.050.846.138.133.527.821.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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