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Catalyst Pharmaceuticals, Inc.. (CPRX) Fundamental Analysis & AI Grade 2026

CPRX Nasdaq Pharmaceutical Preparations DE CIK: 0001369568
Updated This Month • Analysis: May 12, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
78% Confidence
STRONG AGREEMENT
A
78% Conf
A
79% Conf

📊 CPRX Key Takeaways

Revenue: $149.4M
Net Margin: 42.7%
Free Cash Flow: $59.6M
Current Ratio: 7.10x
Debt/Equity: 0.00x
EPS: $0.50
AI Grade: A with 78% confidence
Catalyst Pharmaceuticals, Inc.. (CPRX) receives a A fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $149.4M, net profit margin of 42.7%, and return on equity (ROE) of 6.3%, Catalyst Pharmaceuticals, Inc.. demonstrates strong fundamentals in the Healthcare sector. Below is our complete CPRX stock analysis for 2026.

Is Catalyst Pharmaceuticals, Inc.. (CPRX) a Good Investment?

Claude

Catalyst Pharmaceuticals demonstrates exceptional fundamental strength with 49% operating margins, 19.8% YoY revenue growth, and 28.2% EPS growth, supported by a fortress balance sheet with $755.9M cash and zero debt. The capital-light business model with minimal CapEx generates strong 39.9% FCF margin, though the company must demonstrate effective capital deployment and sustainable competitive advantages in a competitive pharmaceutical landscape.

ChatGPT

Catalyst Pharmaceuticals shows strong fundamental quality with nearly 20% revenue growth, very high operating and net margins, and exceptional free cash flow generation. The balance sheet is unusually strong for a pharmaceutical company, with substantial cash, no meaningful leverage, and ample liquidity. The main caution is that net income was flat despite higher revenue, which suggests profit growth may be moderating and should be monitored for sustainability.

Catalyst Pharmaceuticals, Inc.. Key Strengths (CPRX)

Claude
  • + Exceptional profitability: 49% operating margin and 42.7% net margin indicate highly competitive products with substantial pricing power
  • + Dual growth acceleration: 19.8% YoY revenue growth coupled with 28.2% EPS growth demonstrates profitable expansion and shareholder value creation
  • + Fortress balance sheet: $755.9M cash, zero long-term debt (0.00x Debt/Equity), and 7.10x current ratio provide strategic flexibility and financial resilience
  • + Capital-light model: Minimal CapEx ($27K) with $59.6M operating cash flow generates 39.9% FCF margin, indicating highly efficient capital structure
  • + Strong liquidity: 6.84x quick ratio enables weather market disruptions and fund growth without leverage
ChatGPT
  • + High profitability with 43.8% operating margin and 36.4% net margin
  • + Excellent financial health with $709.17M in cash, 6.08x current ratio, and no meaningful debt
  • + Strong cash generation with $208.61M of free cash flow and a 35.4% FCF margin

CPRX Stock Risks: Catalyst Pharmaceuticals, Inc.. Investment Risks

Claude
  • ! Capital deployment inefficiency: 6.3% ROE and 5.6% ROA despite exceptional margins suggest excess cash may not be optimally deployed
  • ! Pharmaceutical sector risks: Patent cliffs, regulatory changes, clinical trial failures, and reimbursement pressures threaten revenue sustainability
  • ! Product concentration risk: Pharma companies typically depend on limited blockbuster drugs, creating revenue volatility risk if single product faces headwinds
  • ! Limited insider activity and visibility: One Form 4 filing in 90 days provides minimal signal on management confidence or future strategic direction
  • ! Cost structure opacity: Gross margin data unavailable limits assessment of production efficiency and pricing power sustainability
ChatGPT
  • ! Net income was flat year over year despite strong revenue growth, indicating possible margin or expense pressure
  • ! Pharmaceutical fundamentals can be vulnerable to product concentration, reimbursement changes, and regulatory risk
  • ! Return profile is strong now, but sustaining nearly 20% growth at current margin levels may become more difficult

Key Metrics to Watch

Claude
  • * Revenue growth trajectory: Monitor if 19.8% YoY growth sustains or slows, indicating market saturation or competitive pressure
  • * Operating margin trend: Track profitability erosion from competition, pricing pressure, or R&D investment increases
  • * Free cash flow generation: Verify $59.6M FCF is sustainable and recurring, not one-time benefit
  • * Capital allocation decisions: Monitor for dividend initiation, share buybacks, debt issuance, or M&A indicating cash deployment strategy
  • * Product pipeline maturity: Assess clinical trial outcomes and regulatory approvals driving future revenue beyond current blockbuster products
ChatGPT
  • * Net income and operating margin trend versus revenue growth
  • * Free cash flow conversion and cash deployment discipline

Catalyst Pharmaceuticals, Inc.. (CPRX) Financial Metrics & Key Ratios

Revenue
$149.4M
Net Income
$63.7M
EPS (Diluted)
$0.50
Free Cash Flow
$59.6M
Total Assets
$1.1B
Cash Position
$755.9M

💡 AI Analyst Insight

The 39.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 7.10x current ratio provides a solid financial cushion.

CPRX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 49.0%
Net Margin 42.7%
ROE 6.3%
ROA 5.6%
FCF Margin 39.9%

CPRX vs Healthcare Sector: How Catalyst Pharmaceuticals, Inc.. Compares

How Catalyst Pharmaceuticals, Inc.. compares to Healthcare sector averages

Net Margin
CPRX 42.7%
vs
Sector Avg 12.0%
CPRX Sector
ROE
CPRX 6.3%
vs
Sector Avg 15.0%
CPRX Sector
Current Ratio
CPRX 7.1x
vs
Sector Avg 2.0x
CPRX Sector
Debt/Equity
CPRX 0.0x
vs
Sector Avg 0.6x
CPRX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Catalyst Pharmaceuticals, Inc.. Stock Overvalued? CPRX Valuation Analysis 2026

Based on fundamental analysis, Catalyst Pharmaceuticals, Inc.. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
6.3%
Sector avg: 15%
Net Profit Margin
42.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Catalyst Pharmaceuticals, Inc.. Balance Sheet: CPRX Debt, Cash & Liquidity

Current Ratio
7.10x
Quick Ratio
6.84x
Debt/Equity
0.00x
Debt/Assets
11.8%
Interest Coverage
N/A
Long-term Debt
N/A

CPRX Revenue & Earnings Growth: 5-Year Financial Trend

CPRX 5-year financial data: Year 2021: Revenue $140.8M, Net Income $31.9M, EPS $0.30. Year 2022: Revenue $214.2M, Net Income $75.0M, EPS $0.71. Year 2023: Revenue $398.2M, Net Income $39.5M, EPS $0.37. Year 2024: Revenue $491.7M, Net Income $83.1M, EPS $0.75. Year 2025: Revenue $589.0M, Net Income $71.4M, EPS $0.63.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Catalyst Pharmaceuticals, Inc..'s revenue has grown significantly by 318% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.63 reflects profitable operations.

CPRX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
39.9%
Free cash flow / Revenue

CPRX Quarterly Earnings & Performance

Quarterly financial performance data for Catalyst Pharmaceuticals, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $141.4M $56.7M $0.45
Q3 2025 $128.7M $23.3M $0.35
Q2 2025 $122.7M $23.3M $0.33
Q1 2025 $98.5M $23.3M $0.19
Q3 2024 $102.7M $23.3M $-0.29
Q2 2024 $99.6M $23.3M $0.33
Q1 2024 $85.4M $23.3M $0.19
Q3 2023 $57.2M $13.2M $0.20

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Catalyst Pharmaceuticals, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$59.6M
Cash generated from operations
Stock Buybacks
$14.6M
Shares repurchased (TTM)
Capital Expenditures
$27.0K
Investment in assets
Dividends
None
No dividend program

CPRX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Catalyst Pharmaceuticals, Inc.. (CIK: 0001369568)

📋 Recent SEC Filings

Date Form Document Action
Jun 5, 2026 4 xslF345X06/form_4.xml View →
May 11, 2026 8-K d845745d8k.htm View →
May 11, 2026 10-Q cprx-20260331.htm View →
May 7, 2026 8-K d90722d8k.htm View →
Apr 30, 2026 10-K/A d134396d10ka.htm View →

Frequently Asked Questions about CPRX

What is the AI rating for CPRX?

Catalyst Pharmaceuticals, Inc.. (CPRX) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CPRX's key strengths?

Claude: Exceptional profitability: 49% operating margin and 42.7% net margin indicate highly competitive products with substantial pricing power. Dual growth acceleration: 19.8% YoY revenue growth coupled with 28.2% EPS growth demonstrates profitable expansion and shareholder value creation. ChatGPT: High profitability with 43.8% operating margin and 36.4% net margin. Excellent financial health with $709.17M in cash, 6.08x current ratio, and no meaningful debt.

What are the risks of investing in CPRX?

Claude: Capital deployment inefficiency: 6.3% ROE and 5.6% ROA despite exceptional margins suggest excess cash may not be optimally deployed. Pharmaceutical sector risks: Patent cliffs, regulatory changes, clinical trial failures, and reimbursement pressures threaten revenue sustainability. ChatGPT: Net income was flat year over year despite strong revenue growth, indicating possible margin or expense pressure. Pharmaceutical fundamentals can be vulnerable to product concentration, reimbursement changes, and regulatory risk.

What is CPRX's revenue and growth?

Catalyst Pharmaceuticals, Inc.. reported revenue of $149.4M.

Does CPRX pay dividends?

Catalyst Pharmaceuticals, Inc.. does not currently pay dividends.

Where can I find CPRX SEC filings?

Official SEC filings for Catalyst Pharmaceuticals, Inc.. (CIK: 0001369568) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CPRX's EPS?

Catalyst Pharmaceuticals, Inc.. has a diluted EPS of $0.50.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CPRX's fundamental grade?

Based on our AI fundamental analysis in June 2026, Catalyst Pharmaceuticals, Inc.. has a A grade with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CPRX stock overvalued or undervalued?

Valuation metrics for CPRX: ROE of 6.3% (sector avg: 15%), net margin of 42.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CPRX's AI grade for 2026?

Our dual AI analysis gives Catalyst Pharmaceuticals, Inc.. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CPRX's free cash flow?

Catalyst Pharmaceuticals, Inc..'s operating cash flow is $59.6M, with capital expenditures of $27.0K. FCF margin is 39.9%.

How does CPRX compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 42.7% (avg: 12%), ROE 6.3% (avg: 15%), current ratio 7.10 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 12, 2026 | Data as of: 2026-03-31 | Powered by Claude AI