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Elite Pharmaceuticals (ELTP) investor relations material
Elite Pharmaceuticals Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary17 Nov, 2025
Executive summary
Achieved $36.3M in revenue for Q2 FY2026, a 92% increase year-over-year, driven by new product launches and higher sales of existing products, including lisdexamfetamine and Elite label products.
Net income for the quarter was $13.7M, compared to a net loss of $11.0M in the same quarter last year.
Growth supported by the launch of generic Percocet, FDA approval for generic Requip XL, and strong market share in amphetamine IR and AR.
Financial highlights
Gross profit for Q2 FY2026 was $14.1M, up 72% year-over-year, with a gross margin of 39% for the quarter and 54% for the six months.
Operating profit for Q2 was $8.2M, a 136% increase; six-month operating profit was $29.9M, up 307%.
Net cash provided by operating activities was $19.9M for the six months ended September 30, 2025.
Working capital rose to $75M as of September 30, 2025, with current assets increasing and liabilities decreasing.
Operating expenses rose 24% to $5.9M, mainly from higher general and administrative costs.
Outlook and guidance
Expect continued revenue growth from recently launched and approved products, including lisdexamfetamine and Ropinirole ER.
Anticipate solid performance in the coming quarter, with stabilization in lisdexamfetamine pricing.
M&A remains a primary focus, with ongoing discussions and site visits from interested parties.
Lisdexamfetamine product line sustainability
Next significant niche generic product launch
Competitive advantage in niche generics
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Next Elite Pharmaceuticals earnings date
Q3 202613 Feb, 2026
Next Elite Pharmaceuticals earnings date
Q3 202613 Feb, 2026
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Frequently asked questions
Elite Pharmaceuticals Inc. is a specialty pharmaceutical company focused on the development, manufacture, and distribution of niche generic and oral controlled-release medications. The company primarily targets the opioid abuse-deterrent and extended-release segments of the pharmaceutical market, offering treatments across a variety of therapeutic areas. Elite Pharmaceuticals specializes in developing formulations that address controlled substance regulations and the potential for abuse. The company’s business model includes both the commercialization of its own products and contract manufacturing services for third-party pharmaceutical companies. The company is headquartered in Northvale, New Jersey, and its shares are listed on the OTCQB.
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