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Bora Pharmaceuticals (6472) investor relations material
Bora Pharmaceuticals Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved double- and triple-digit quarter-over-quarter growth across key metrics in Q2 2026, following a Q1 pullback, with strong recovery driven by demand and operational leverage.
Revenues reached NT$5,889 million in Q2 2026, up 47% quarter-over-quarter and 21% year-over-year, with gross profits at NT$2,430 million (69% growth) and EPS of NT$4.36 (1,976% growth quarter-over-quarter).
Net income before tax was NT$812 million, a 269% quarter-over-quarter increase, and net income rose from NT$32 million in Q1 to NT$597 million in Q2.
Expanded U.S. footprint with 11 manufacturing sites and a major acquisition of the Rockville, Maryland biologics facility.
Completed the acquisition of Weider Global Nutrition, LLC in May 2026, expanding the health and wellness product portfolio.
Financial highlights
CDMO business revenue was NT$2,116 million, up 40.2% quarter-over-quarter; pharma sales revenue was NT$2,934 million, up 30.4%.
Record high 12-month rolling backlog of US$317 million and newly signed contracts totaling US$378 million.
Operating profits nearly doubled to NT$986 million from NT$400 million quarter-over-quarter; operating margin reached 17%.
Sunway Biotech, now 14% of total revenues, contributed significantly after acquiring Weider Global Nutrition.
Cash and cash equivalents increased to NT$8,431 million as of June 30, 2026.
Outlook and guidance
Strong visibility for the second half of 2026 and into 2027, with record backlog and continued demand for CDMO and specialty pharma.
Rockville facility to contribute revenue in Q3 2026, with 13 batches already committed for the back half of 2026.
Sunway Biotech expected to realize further synergies and growth from Weider acquisition in H2 2026.
Ongoing investments in R&D and manufacturing capabilities, including CapEx at Maple Grove and Maryland.
- Revenue and profit fell, but strong backlog and acquisitions support future growth.6472
Q1 2026 - Record CDMO growth, biologics expansion, and specialty pharma drive strong 2026 outlook.6472
Life Sciences Virtual Investor Forum - 2025 featured strong revenue and profit growth, resilient cash flow, and global expansion.6472
Q4 2025 - Record global growth, capacity investments, and specialty expansion drive strong 2025 results.6472
44th Annual J.P. Morgan Healthcare Conference - Record CDMO and specialty pharma growth led to strong revenue and margin gains in Q3'25.6472
Q3 2025 - Strong revenue and profit growth from CDMO and specialty pharma, with margin recovery ahead.6472
Q2 2025 - Rapid growth, major acquisitions, and innovative CNS launches drive expansion and future outlook.6472
Bora Pharmaceuticals Co., LTD. Presents at 43rd Annual J.P. Morgan Healthcare Conference 2025 - Record CDMO and specialty pharma growth, equity swap gain, and higher margins in Q1 2025.6472
Q1 2025 - Record 2024 growth from U.S. acquisitions and CDMO expansion sets up for stronger 2025.6472
Q4 2024
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