)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
Almirall
Almirall (ALM) investor relations material
Almirall Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary23 Feb, 2026
Executive summary
Achieved 2025 guidance with net sales up 12.4% to EUR 1,108 million and EBITDA at EUR 233 million, both near the upper end of guidance ranges.
Exceeded EUR 1 billion in net sales for the first time, driven by strong commercial execution and growth in biologics and dermatology portfolio, especially in Europe.
Maintained leadership in European medical dermatology, with Ilumetri and Ebglyss as key growth drivers; Ebglyss sales more than tripled year-on-year.
Advanced pipeline with multiple phase II proof-of-concept studies initiated and further launches planned.
Positioned for continued double-digit sales growth and EBITDA margin expansion.
Financial highlights
Net sales grew 12.4% year-on-year to EUR 1,108 million in 2025, with European dermatology up 25.6%.
EBITDA increased 21% year-on-year to EUR 233 million, within guidance, with a gross margin of 64.4%.
Net income rose to EUR 46.2 million from EUR 10.1 million, and normalized net income more than doubled.
R&D expenses were EUR 138.1 million, 12.5% of net sales, aligned with expectations.
Free cash flow more than doubled, with operating cash flow at EUR 174.5 million.
Outlook and guidance
2026 guidance: net sales growth of 9%-12%, EBITDA EUR 270-290 million.
Midterm guidance reiterated: double-digit CAGR in net sales (2023-2030), EBITDA margin target of 25% by 2028.
2026 midpoint assumptions: 10.5% net sales growth, EUR 280 million EBITDA.
Gross margin expected to face slight pressure in 2026 due to royalty rates; R&D to remain at 12%-12.5% of net sales.
Tax rate to trend toward mid-20s% by 2028 as profitability rises.
R&D pipeline focus for 2026?
Sustainability link to executive remuneration
Impact of 2025 bond refinancing
Pipeline: global rights impact on strategy?
EBITDA margin 2028: quantify leverage drivers?
Inorganic growth: target therapy areas?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Next Almirall earnings date
Q1 202611 May, 2026
Almirall
Next Almirall earnings date
Q1 202611 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Almirall, S.A., a pharmaceutical company, engages in the research, development, manufacture, and sale of skin-health related medicines. The company offers dermatological products that are used in the treatment of acne, psoriasis and other inflammatory skin diseases; aesthetic products that are used in the treatment of hair loss and to promote hair regrowth; and treating and preventing the excessive growth of sebaceous glands in adults, children and infants. Its products include Epiduo, Avage, Atralin Topical Solution, Acnomel Cream, Oustiderm Scalp Lotion, Tazorac Gel and Others.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage