BioMarin Pharmaceutical Inc

BMRN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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BioMarin Earnings: Soft Quarter Obscures Long-Term Growth as Amicus Expands Portfolio

Rachel Elfman

May 6, 2026

BioMarin posted $766 million in first-quarter revenue, up 3% year over year. Management lifted its 2026 enzyme therapy outlook to $2.75 billion at the midpoint (representing 30% growth over 2025) after closing the Amicus acquisition. Shares fell 4% on May 5.

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BioMarin Pharmaceutical Inc

BioMarin Earnings: Soft Quarter Obscures Long-Term Growth as Amicus Expands Portfolio

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