Amneal Pharmaceuticals, Inc. income statement
In fiscal 2025, Amneal Pharmaceuticals, Inc. reported revenue of $3.02bn, up 8.0% on the year before, operating income of $394m (a 13.1% margin) and net income of $72.1m, or $0.22 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 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,018 | 1,034 | 1,663 | 1,626 | 1,993 | 2,094 | 2,212 | 2,394 | 2,794 | 3,019 | 3,118 |
| Cost of revenue | 421 | 507 | 939 | 1,147 | 1,330 | 1,325 | 1,428 | 1,573 | 1,774 | 1,905 | 1,892 |
| Gross profit | 597 | 526 | 716 | 353 | 628 | 769 | 785 | 821 | 1,020 | 1,113 | 1,226 |
| Research and development | 179 | 171 | 194 | 188 | 180 | 202 | 196 | 164 | 191 | 186 | 176 |
| Selling, general and administrative | 119 | 109 | 228 | 290 | 327 | 366 | 400 | 430 | 476 | 527 | 572 |
| Operating income | 285 | 245 | −20 | −249 | 91 | 153 | −95 | 204 | 249 | 394 | 454 |
| Income before tax | 215 | 171 | −203 | −220 | −36 | 31 | −248 | −40 | −55 | 139 | 201 |
| Income tax | 5 | 2 | −1 | 383 | −104 | 11 | 7 | 8 | 19 | 11 | −14 |
| Net income | 0 | 0 | −20 | −604 | 68 | 13 | −271 | −84 | −117 | 72 | 157 |
| Diluted EPS | — | — | −$0.16 | −$2.74 | $0.61 | $0.07 | −$0.86 | −$0.48 | −$0.38 | $0.22 | $0.48 |
| Diluted shares (average) | — | — | 127m | 132m | 149m | 152m | 151m | 176m | 309m | 325m | 327m |
| EBITDA | 314 | 287 | 45 | −185 | 152 | 213 | −27 | 271 | 312 | 451 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 702 | 731 | 695 | 725 | 785 | 814 | 723 | 796 |
| Cost of revenue | 433 | 468 | 440 | 438 | 511 | 517 | 402 | 462 |
| Gross profit | 270 | 263 | 256 | 286 | 274 | 297 | 320 | 335 |
| Research and development | 61 | 54 | 40 | 48 | 63 | 35 | 38 | 39 |
| Selling, general and administrative | 119 | 129 | 118 | 124 | 138 | 146 | 139 | 149 |
| Operating income | 89 | 76 | 100 | 111 | 70 | 112 | 142 | 130 |
| Income before tax | 15 | −15 | 37 | 52 | −5 | 55 | 80 | 71 |
| Income tax | 4 | 5 | 13 | 16 | −23 | 6 | 2 | 1 |
| Net income | −0 | −31 | 12 | 22 | 2 | 35 | 62 | 58 |
| Diluted EPS | $0.00 | −$0.10 | $0.04 | $0.07 | $0.01 | $0.11 | $0.19 | $0.18 |
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