PTC Therapeutics Reports Record $361 Million Revenue, Raises Full-Year Guidance

Earnings
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Summary · why it matters

PTC Therapeutics reported record quarterly total revenue of $361 million for the second quarter of 2026, driven by strong product sales and royalty income, and raised its full-year 2026 product revenue guidance to between $850 million and $950 million. Product revenue reached $239 million, more than doubling from $118 million in the same quarter last year, while total revenue guidance for the year was increased to a range of $1.18 billion to $1.28 billion. The company's phenylketonuria drug Sephience generated $151 million in global net product revenue, a 21 percent increase from the previous quarter, with 1,647 commercial patients on therapy worldwide as of June 30, 2026. The Duchenne muscular dystrophy franchise contributed $67 million, Translarna net product revenue was $42 million including a Russian government purchase order, Emflaza net product revenue was $25 million, and Evrysdi royalty revenue was $71 million based on Roche's global revenue of approximately $628 million. PTC Therapeutics ended the quarter with $2.23 billion in cash, equivalents, and marketable securities, and management expressed confidence in the potential for cash flow breakeven during 2026.

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Roche Holding AG
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Evrysdi royalty revenue based on Roche's global sales

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