Protalix Biotherapeutics, Inc. income statement
In fiscal 2025, Protalix Biotherapeutics, Inc. reported revenue of $52.7m, down 1.2% on the year before, operating income of −$5.5m (a -10.4% margin) and net income of −$6.6m, or −$0.08 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 | 0 | 7 | 8 | 35 | 0 | 4 | 4 | 9 | 21 | 34 | 55 | 63 | 38 | 48 | 65 | 53 | 53 | 81 |
| Cost of revenue | 4 | 4 | 2 | 8 | 0 | 1 | 1 | 8 | 15 | 9 | 11 | 11 | 16 | 20 | 23 | 24 | 27 | 25 |
| Gross profit | −3 | 7 | 1 | 26 | 0 | 3 | 4 | 1 | 4 | 25 | 44 | 52 | 22 | 28 | 43 | 29 | 26 | 56 |
| Research and development | 27 | 38 | 38 | 37 | 29 | 27 | 25 | 30 | 32 | 33 | 45 | 38 | 30 | 29 | 17 | 13 | 20 | 20 |
| Selling, general and administrative | — | — | — | 10 | 8 | 9 | 7 | 9 | 12 | 11 | 10 | 11 | 13 | 12 | 15 | 12 | 12 | 13 |
| General and administrative | 7 | 7 | 7 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | −32 | −30 | −37 | −12 | −34 | −29 | −24 | −33 | −35 | −19 | −11 | 3 | −20 | −13 | 10 | 4 | −6 | 23 |
| Interest expense | — | — | — | — | 1 | 4 | 4 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | — | — | — | — | — | — | — | — | — | — | — | −7 | −28 | −14 | 9 | 4 | −6 | 23 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | 1 | 0 | 1 | 1 | 5 |
| Net income | −31 | −29 | −37 | −12 | −28 | −30 | 58 | −29 | −83 | −26 | −18 | −7 | −28 | −15 | 8 | 3 | −7 | 19 |
| Diluted EPS | $0.20 | −$1.80 | −$2.15 | −$0.65 | −$1.50 | −$1.60 | $3.05 | −$1.45 | −$3.19 | −$0.90 | −$0.61 | −$0.22 | −$0.62 | −$0.31 | $0.09 | $0.04 | −$0.08 | $0.24 |
| Diluted shares (average) | — | 16m | 17m | 18m | 18m | 19m | 19m | 20m | 26m | 29m | 30m | 29m | 44m | 48m | 82m | 81m | 79m | 80m |
| EBITDA | — | — | — | −8 | −31 | −25 | −21 | −31 | −33 | −18 | −9 | 4 | −19 | −12 | 12 | 5 | −4 | 25 |
| 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 | 18 | 18 | 10 | 16 | 18 | 9 | 34 | 20 |
| Cost of revenue | 8 | 4 | 8 | 6 | 8 | 5 | 4 | 8 |
| Gross profit | 10 | 14 | 2 | 10 | 10 | 5 | 30 | 12 |
| Research and development | 3 | 4 | 3 | 6 | 4 | 6 | 5 | 4 |
| Selling, general and administrative | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| Operating income | 4 | 7 | −4 | 1 | 2 | −5 | 21 | 5 |
| Income before tax | 4 | 7 | −4 | 1 | 2 | −5 | 21 | 5 |
| Income tax | 1 | 1 | −0 | 0 | −0 | 1 | 3 | 1 |
| Net income | 3 | 6 | −4 | 0 | 2 | −6 | 18 | 4 |
| Diluted EPS | $0.03 | $0.09 | −$0.05 | $0.00 | $0.03 | −$0.07 | $0.22 | $0.05 |
| EBITDA | 4 | 8 | −4 | 2 | 3 | −4 | 22 | 5 |
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