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TALPHERA, INC. TLPH

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2011-02-11

TALPHERA, INC. statistics & valuation

Market cap$53.5M
P / B3.1×
Net margin-51035.7%
Return on equity-83.9%
Return on capital-52%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-248.60% -644.30% -2192.00% -2325.90% -745.60% -1245.50% -2826.00% -51035.70% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-184.10% -483.80% -1660.90% -2368.10% -756.30% -1276.30% -2594.30% -48157.10% 2016201720182019202020212022202320242025
Return on equity (%)
-1108.60% 218.90% -130.40% -162.50% -83.90% 2016201720182019202020212022202320242025
Shares outstanding
45.3M 50.9M 78.8M 79.6M 98.8M 6.8M 8.2M 17.0M 25.8M 49.3M 2016201720182019202020212022202320242025
Net debt ($)
-$58.8M -$33.8M -$76.0M $10.5M -$399000 $6.1M -$9.5M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-43.20% -68.20% -39.10% -58.30% -60.90% -45.10% 100.60% -90.20% -71.30% -48.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-190.80% -402.40% -1389.80% -2387.50% -745.20% -1129.50% -2702.30% 2016201720182019202020212022202320242025
Debt / equity (×)
2.82× 0.26× 2016201720182019202020212022202320242025
EPS ($)
-$0.95 -$1.10 -$5.86 $5.72 -$1.29 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin-48157.1%—-2594.3%—-1276.3%-756.3%-2368.1%-1660.9%-483.8%-184.1%
Net margin-51035.7%—-2826.0%—-1245.5%-745.6%-2325.9%-2192.0%-644.3%-248.6%
FCF margin——-2702.3%—-1129.5%-745.2%-2387.5%-1389.8%-402.4%-190.8%
Return on assets-48.1%-71.3%-90.2%100.6%-45.1%-60.9%-58.3%-39.1%-68.2%-43.2%
Return on equity-83.9%-162.5%-130.4%218.9%97.8%72.4%128.5%-1108.6%141.1%808.6%
Debt / equity———0.26×-0.38×-0.39×-0.61×2.82×-0.52×-4.04×
Current ratio5.493.562.571.782.732.665.276.784.648.74

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.