Opko Health, Inc. income statement
In fiscal 2025, Opko Health, Inc. reported revenue of $607m, down 14.9% on the year before, operating income of −$117m (a -19.3% margin) and net income of −$226m, or −$0.30 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 | 4 | 28 | 28 | 47 | 97 | 91 | 492 | 1,117 | 966 | 990 | 902 | 1,435 | 1,775 | 1,004 | 863 | 713 | 607 | 588 |
| Cost of revenue | 3 | 13 | 17 | 28 | 10 | 9 | 193 | 564 | — | — | — | — | — | 716 | 545 | 495 | 401 | 348 |
| Gross profit | 2 | 15 | 11 | 19 | 86 | 82 | 298 | 553 | — | — | — | — | — | 288 | 318 | 219 | 206 | 240 |
| Research and development | 11 | 6 | 11 | 20 | 54 | 84 | 99 | 114 | 126 | 126 | 118 | 75 | 77 | 74 | 90 | 105 | 124 | 125 |
| Selling, general and administrative | 10 | 18 | 19 | 28 | 55 | 58 | 197 | 407 | 415 | 358 | 343 | 356 | 469 | 373 | 301 | 304 | 223 | 206 |
| Operating income | −22 | −11 | −23 | −37 | −80 | −146 | −98 | −97 | −276 | −171 | −274 | 58 | 19 | −226 | −157 | −152 | −117 | −48 |
| Interest expense | 2 | 1 | 1 | — | — | — | — | — | — | — | — | — | 19 | 12 | 14 | 47 | 0 | −63 |
| Income before tax | −24 | −12 | −24 | −37 | −104 | −171 | −138 | −97 | −272 | −177 | −305 | 49 | −14 | −392 | −184 | −10 | −241 | −80 |
| Income tax | −0 | −0 | −19 | −10 | 2 | 0 | −114 | −56 | 19 | −39 | 7 | 18 | 15 | −63 | 4 | 43 | −16 | −7 |
| Net income | −30 | −19 | −1 | −29 | −114 | −172 | −30 | −48 | −305 | −153 | −315 | 31 | −30 | −328 | −189 | −53 | −226 | −73 |
| Diluted EPS | — | −$0.08 | −$0.01 | −$0.11 | −$0.32 | −$0.41 | −$0.06 | −$0.10 | −$0.55 | −$0.27 | −$0.53 | $0.05 | −$0.05 | −$0.46 | −$0.25 | −$0.08 | −$0.30 | −$0.10 |
| Diluted shares (average) | 233m | 255m | 281m | 296m | 355m | 422m | 488m | 556m | 559m | 563m | 595m | 641m | 648m | 719m | 752m | 694m | 751m | 765m |
| EBITDA | −22 | −9 | −19 | −27 | −64 | −131 | −56 | 0 | −174 | −74 | −180 | 143 | 97 | −118 | −52 | −54 | −26 | 41 |
| 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 | 174 | 184 | 150 | 157 | 152 | 148 | 124 | 164 |
| Cost of revenue | 134 | 99 | 107 | 107 | 102 | 84 | 78 | 84 |
| Gross profit | 40 | 85 | 43 | 49 | 50 | 64 | 46 | 80 |
| Research and development | 29 | 30 | 31 | 30 | 30 | 33 | 29 | 33 |
| Selling, general and administrative | 98 | 67 | 59 | 60 | 54 | 51 | 49 | 53 |
| Operating income | −67 | −33 | −67 | −60 | 48 | −38 | −51 | −7 |
| Interest expense | 17 | 14 | 15 | 70 | 11 | −97 | 11 | 11 |
| Income before tax | 48 | 35 | −73 | −163 | 41 | −47 | −61 | −13 |
| Income tax | 24 | 21 | −6 | −14 | 20 | −16 | −6 | −5 |
| Net income | 25 | 14 | −68 | −148 | 22 | −31 | −55 | −8 |
| Diluted EPS | $0.03 | $0.01 | −$0.10 | −$0.19 | $0.03 | −$0.04 | −$0.07 | −$0.01 |
| EBITDA | −43 | −9 | −44 | −37 | 71 | −16 | −29 | 15 |
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