ANI Pharmaceuticals Inc income statement
In fiscal 2025, ANI Pharmaceuticals Inc reported revenue of $883m, up 43.8% on the year before, operating income of $111m (a 12.6% margin) and net income of $78.3m, or $3.32 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 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 0 | 20 | 30 | 56 | 76 | 129 | 177 | 202 | 207 | 208 | 216 | 316 | 487 | 614 | 883 | 978 |
| Cost of revenue | — | — | — | 9 | 10 | 11 | 13 | 49 | 79 | 73 | 63 | 87 | — | — | — | — | — | — |
| Gross profit | — | — | — | 11 | 20 | 44 | 64 | 80 | 98 | 129 | 143 | 121 | — | — | — | — | — | — |
| Research and development | 14 | 40 | 44 | 1 | 2 | 3 | 3 | 3 | 9 | 15 | 20 | 16 | 11 | 22 | 34 | 45 | 52 | 50 |
| Selling, general and administrative | — | — | — | 10 | 16 | 18 | 21 | 28 | 32 | 44 | 56 | 65 | 84 | 124 | 162 | 250 | 318 | 325 |
| General and administrative | 5 | 6 | 7 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | −0 | 1 | 20 | 33 | 20 | 28 | 35 | 16 | −16 | −40 | −35 | 47 | 1 | 111 | 150 |
| Interest expense | 0 | 1 | 1 | 1 | 0 | 1 | 11 | 11 | 11 | 15 | 13 | 9 | 12 | 29 | 36 | 34 | 33 | 31 |
| Net interest income | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | — | −46 | −52 | −2 | 0 | 19 | 22 | 9 | 16 | 20 | 3 | −26 | −56 | −63 | 20 | −22 | 96 | 143 |
| Income tax | — | — | — | −0 | 0 | −9 | 6 | 5 | 17 | 5 | −3 | −3 | −13 | −15 | 1 | −4 | 17 | 34 |
| Net income | −48 | −46 | −52 | −2 | 0 | 29 | 15 | 4 | −1 | 15 | 6 | −23 | −43 | −48 | 19 | −19 | 78 | 108 |
| Diluted EPS | −$4.20 | −$4.21 | −$3.15 | −$1.27 | −$0.92 | $2.59 | $1.32 | $0.34 | −$0.09 | $1.30 | $0.50 | −$1.88 | −$3.40 | −$3.05 | $0.85 | −$1.04 | $3.32 | $4.92 |
| Diluted shares (average) | 11m | 11m | 16m | 22m | — | 11m | 12m | 12m | 12m | 12m | 12m | 12m | 13m | 16m | 18m | 19m | 21m | 22m |
| EBITDA | — | — | — | 1 | 2 | 24 | 40 | 42 | 56 | 69 | 61 | 29 | 7 | 22 | 107 | 68 | 203 | 236 |
| 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 | 148 | 191 | 197 | 211 | 228 | 247 | 237 | 266 |
| Research and development | 10 | 17 | 11 | 17 | 12 | 12 | 11 | 15 |
| Selling, general and administrative | 79 | 70 | 77 | 82 | 77 | 83 | 74 | 92 |
| Operating income | −21 | −4 | 26 | 14 | 36 | 35 | 39 | 40 |
| Interest expense | 7 | 9 | 8 | 8 | 8 | 8 | 8 | 7 |
| Income before tax | −31 | −14 | 20 | 11 | 34 | 31 | 40 | 37 |
| Income tax | −7 | −3 | 4 | 2 | 7 | 4 | 11 | 12 |
| Net income | −24 | −10 | 16 | 9 | 27 | 27 | 29 | 25 |
| Diluted EPS | −$1.27 | −$0.55 | $0.69 | $0.36 | $1.13 | $1.17 | $1.28 | $1.05 |
| EBITDA | −5 | 18 | 49 | 37 | 59 | 57 | 60 | 60 |
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