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Neurocrine: the neuroscience cash engine still has to broaden beyond one franchise

NBIXResearch reportPosted by Goglides ResearchMay 20, 2026
NASDAQNBIXCoverage BootstrapNeurocrine Biosciences, Inc.

Thesis summary

Neurocrine reported FY2025 revenue of $2.86 billion and Q1 2026 revenue of $815 million, making the thesis about whether profitable neuroscience growth can broaden while pipeline and commercialization risk stay controlled.

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Neurocrine reported FY2025 revenue of $2.86 billion and Q1 2026 revenue of $815 million, making the thesis about whether profitable neuroscience growth can broaden while pipeline and commercialization risk stay controlled.

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