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v3.25.1

Segment Reporting and Disaggregation of Relevant Expense Captions - Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting Information [Line Items] |  |
Total revenues | $ 572.6 | $ 515.3
Less: |  |
Cost of revenues | 9.2 | 7.5
Total research and development | 263.2 | 159.4
Acquired in-process research and development | 0.1 | 6.0
Selling, general, and administrative | 276.5 | 243.1
Unrealized loss (gain) on equity investments | 30.6 | (1.6)
Charges associated with convertible senior notes | 0.0 | 88.7
Interest income and other, net | (21.7) | (22.3)
Provision for (Benefit from) income taxes | 6.8 | (8.9)
Net income | 7.9 | 43.4
Reportable Segment |  |
Segment Reporting Information [Line Items] |  |
Total revenues | 572.6 | 515.3
Less: |  |
Cost of revenues | 9.2 | 7.5
Total research and development | 263.2 | 159.4
Acquired in-process research and development | 0.1 | 6.0
Selling, general, and administrative | 276.5 | 243.1
Unrealized loss (gain) on equity investments | 30.6 | (1.6)
Charges associated with convertible senior notes | 0.0 | 88.7
Interest income and other, net | (21.7) | (22.3)
Provision for (Benefit from) income taxes | 6.8 | (8.9)
Net income | 7.9 | 43.4
Reportable Segment | INGREZZA Net Product Sales |  |
Segment Reporting Information [Line Items] |  |
Total revenues | 545.2 | 506.0
Reportable Segment | CRENESSITY Net Product Sales |  |
Segment Reporting Information [Line Items] |  |
Total revenues | 14.5 | 0.0
Reportable Segment | Other revenues |  |
Segment Reporting Information [Line Items] |  |
Total revenues | 12.9 | 9.3
Reportable Segment | External research and development |  |
Less: |  |
Total research and development | 107.9 | 77.6
Reportable Segment | Payroll and benefits |  |
Less: |  |
Total research and development | 75.0 | 57.6
Reportable Segment | Milestones |  |
Less: |  |
Total research and development | 45.4 | 6.1
Reportable Segment | Other research and development |  |
Less: |  |
Total research and development | $ 34.9 | $ 18.1

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