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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Summary of Reportable Segment Information
The following table includes information about segment revenue, significant segment expenses, and segment measure of profitability:
Three Months Ended
March 31,
20252024
Total revenues$745,145 $648,833 
Less:
Cost of sales151,558 125,180 
R&D expenses
Research and early pipeline90,470 120,392 
Later-stage clinical programs14,291 — 
Marketed products53,970 84,595 
SG&A expenses
S&M expenses102,531 119,360 
G&A expenses103,585 106,546 
Other segment expense (income), net (1)
43,054 4,098 
Net income$185,686 $88,662 
(1)Other segment expense (income), net during the three months ended March 31, 2025 and 2024 include intangible asset amortization, interest income and expense, other income (expense) and income tax expense.
Schedule of Disaggregation of Total Net Product Revenues by Product
The following table presents Total Revenues and disaggregates Net Product Revenues by product.
Three Months Ended
March 31,
20252024
VOXZOGO$213,754 $152,889 
VIMIZIM188,346 192,520 
NAGLAZYME114,290 105,629 
PALYNZIQ93,269 75,709 
ALDURAZYME48,977 35,262 
BRINEURA40,362 39,047 
KUVAN25,136 35,910 
ROCTAVIAN10,510 849 
Total net product revenues734,644 637,815 
Royalty and other revenues10,501 11,018 
Total revenues$745,145 $648,833 
Schedule of Disaggregation of Total Net Product Revenues by Geographic Region The table below disaggregates total Net Product Revenues by geographic region, which is based on patient location for the Company's commercial products sold directly by the Company, except for ALDURAZYME, which is distributed, marketed and sold exclusively by Sanofi worldwide.
Three Months Ended
March 31,
20252024
United States$241,694 $192,999 
Europe229,578 195,748 
Latin America88,282 78,594 
Rest of world126,113 135,212 
Total net product revenues marketed by the Company$685,667 $602,553 
ALDURAZYME net product revenues marketed by Sanofi48,977 35,262 
Total net product revenues$734,644 $637,815 
Schedule of Total Net Product Revenue Concentrations Attributed to Largest Customers
The following table illustrates the percentage of the Company’s total Net Product Revenues attributed to the Company’s largest customers for the periods presented.
Three Months Ended
March 31,
20252024
Customer A14 %14 %
Customer B12 11 
Customer C11 
Total37 %34 %