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ADMA Biologics (ADMA) investor relations material
ADMA Biologics Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 5.1% YoY to $141.1M; ASCENIV growth and yield-enhanced production lifted gross margin to 70.8%, net income to $49.9M and Adjusted EBITDA to $77.3M.
FY26 revenue guidance was maintained at at least $530M, while minimum Adjusted EBITDA and Adjusted Net Income guidance increased to $275M and $180M, respectively.
Financial highlights
Q3 gross profit was $99.9M vs. $75.6M a year earlier; operating income was $67.8M vs. $51.0M.
Q3 GAAP net income was $49.9M vs. $36.4M; diluted EPS was $0.22 vs. $0.15. Adjusted net income was $51.1M and Adjusted basic EPS was $0.23.
9M revenue rose 2.4% to $380.0M; net income was $133.0M vs. $97.6M, and Adjusted EBITDA was $198.8M vs. $157.4M.
9M operating cash flow was $105.2M vs. $14.8M; cash and equivalents were $124.6M at September 30, 2026.
Outlook and guidance
FY26 revenue guidance remained at least $530M; minimum Adjusted EBITDA guidance increased to $275M from $265M and Adjusted Net Income to $180M from $170M.
Guidance assumes continued ASCENIV momentum and prudent standard IG market assumptions, without relying on a broad standard IG recovery; ASCENIV demand continued into Q4.
Management expected Q4 R&D spending near $10M, including additional plasma collections and conformance-lot manufacturing; 2027 R&D guidance was not provided.
SG-001 IND preparation is advancing following FDA feedback; firmer clinical and regulatory timelines are expected next year, and management is preparing for a potentially abbreviated registrational Phase III study.
- ASCENIV drove 24% revenue growth, margin expansion, and strong cash flow in Q2 2026.ADMA
Q2 2026 - Directors were elected, all proposals passed, and no shareholder questions were raised.ADMA
AGM 2026 - ASCENIV growth and margin gains offset BIVIGAM declines amid IG market disruption.ADMA
Q1 2026 - Votes will be cast on director elections, auditor ratification, and executive pay approval.ADMA
Proxy filing - Virtual annual meeting to vote on directors, auditor, and executive pay, with Board support.ADMA
Proxy filing - 2025 revenue up 20% to $510M, with 2026 guidance above $635M and strong margin growth.ADMA
Q4 2025 - Q1 2025 revenue up 40%, margins rise, FDA yield process approved, $500M buyback launched.ADMA
Q1 2025 - New plasma supply deals and yield enhancements position the company for rapid, high-margin growth.ADMA
43rd Annual J.P. Morgan Healthcare Conference 2025 - 2024 revenue up 65% to $426.5M, with record Asceniv demand and raised future guidance.ADMA
Q4 2024
Next ADMA Biologics earnings date
Next ADMA Biologics earnings date
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