Adagio Medical Holdings, Inc. income statement
In fiscal 2025, Adagio Medical Holdings, Inc. reported revenue of $0, down 100.0% on the year before and net income of −$25.1m, or −$1.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Dec 2023 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|
| Revenue | 0 | 0 | 0 |
| Cost of revenue | 1 | 1 | — |
| Gross profit | −1 | −1 | — |
| Research and development | 15 | 11 | 10 |
| Selling, general and administrative | 12 | 11 | 10 |
| Operating income | −28 | −22 | −20 |
| Interest expense | 2 | 3 | 3 |
| Income before tax | −37 | −25 | — |
| Income tax | 0 | 0 | — |
| Net income | −37 | −25 | −27 |
| Diluted EPS | −$48.16 | −$1.51 | −$1.36 |
| Diluted shares (average) | — | 17m | 20m |
| EBITDA | −27 | −21 | −19 |
| Quarter | 2024 Q2Jun 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 1 | 2 | 0 | 0 | 0 | 0 | — | — |
| Gross profit | −0 | −1 | −0 | −0 | −0 | −0 | — | — |
| Research and development | 3 | 3 | 4 | 2 | 3 | 2 | 3 | 2 |
| Selling, general and administrative | 3 | 4 | 3 | 2 | 3 | 2 | 2 | 2 |
| Operating income | −7 | −58 | −7 | −5 | −6 | −4 | −5 | −5 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net income | −6 | −57 | −8 | −4 | −10 | −3 | −7 | −7 |
| Diluted EPS | −$7.35 | −$3.72 | −$0.51 | −$0.35 | −$0.66 | −$0.09 | −$0.31 | −$0.30 |
| EBITDA | −6 | −58 | −7 | −5 | −5 | −4 | −5 | −5 |
More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies