Ultragenyx Cuts 10% of Workforce, Targets Profitability in 2027

Dow Jones

02/13

By Elias Schisgall

Ultragenyx Pharmaceutical will lay off 10% of its workforce, roughly 130 employees, as part of a strategic restructuring plan.

The biopharmaceutical company said Thursday that the reorganization is designed to support a path to profitability by 2027. It expects to take a roughly $50 million charge in 2026 related to severance, manufacturing, and other non-recurring restructuring charges.

The company reported a fourth-quarter loss of $129 million, or $1.29 a share, compared with a loss of $133 million, or $1.39 a share, a year earlier. Analysts polled by FactSet were expecting a loss of $1.09 a share.

Revenue rose to $207 million, up from $165 million a year earlier. Analysts were expecting $198.6 million in revenue.

For the current year, Ultragenyx is expecting revenue between $730 million and $760 million, excluding revenue from new product launches.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 12, 2026 17:14 ET (22:14 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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It expects to take a roughly $50 million charge in 2026 related to severance, manufacturing, and other non-recurring restructuring charges. \n</p>\n<p>\n  The company reported a fourth-quarter loss of $129 million, or $1.29 a share, compared with a loss of $133 million, or $1.39 a share, a year earlier. Analysts polled by FactSet were expecting a loss of $1.09 a share. \n</p>\n<p>\n  Revenue rose to $207 million, up from $165 million a year earlier. Analysts were expecting $198.6 million in revenue. \n</p>\n<p>\n  For the current year, Ultragenyx is expecting revenue between $730 million and $760 million, excluding revenue from new product launches. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2026 17:14 ET (22:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RARE","symbol_name":"Ultragenyx Pharmaceutical Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2611905664","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611905664","pubTimestamp":1770934440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ultragenyx Pharmaceutical will lay off 10% of its workforce, roughly 130 employees, as part of a strategic restructuring plan.The biopharmaceutical company said Thursday that the reorganization is designed to support a path to profitability by 2027. 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It expects to take a roughly $50 million charge in 2026 related to severance, manufacturing, and other non-recurring restructuring charges. \n\n\n  The company reported a fourth-quarter loss of $129 million, or $1.29 a share, compared with a loss of $133 million, or $1.39 a share, a year earlier. Analysts polled by FactSet were expecting a loss of $1.09 a share. \n\n\n  Revenue rose to $207 million, up from $165 million a year earlier. 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