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ImmuCell
ImmuCell (ICCC) investor relations material
ImmuCell Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary9 Jan, 2026
Executive summary
Strategic focus shifted to prioritize First Defense, suspending further investment in Re-Tain due to regulatory setbacks and resource allocation considerations.
Achieved a near-record sales quarter in Q4 2025, with strong domestic growth and operational improvements.
Domestic sales grew 8.7% in Q4 and 6.5% for the year, while international sales declined 52.6% in Q4 and 9.6% for the year.
Tri-Shield sales surged 41.3% in Q4 and 26.5% for the year, offsetting declines in Dual-Force and other sales.
Leadership transition with the retirement of the long-serving CEO.
Financial highlights
Q4 2025 product sales were $7.6 million, down 1.6% year-over-year, while full-year 2025 sales reached $27.6 million, up 4.3%.
Domestic Q4 sales: $7.0 million (up 8.7%); international Q4 sales: $0.6 million (down 52.6%).
Tri-Shield Q4 sales: $6.0 million (up 41.3%); Dual-Force Q4 sales: $1.5 million (down 53.7%).
Q4 2025 included a non-cash impairment write-down of $2.9 million related to Re-Tain assets.
Inventory write-down of $600,000 for unsuitable colostrum.
Outlook and guidance
Continued focus on expanding First Defense capacity and operational excellence, with further details on capacity expansion to be provided in coming quarters.
Expectation of maintaining seasonality in sales, with Q4 and Q1 as peak quarters.
Ongoing evaluation of funding options for capital investments, including possible capital raises, loans, or operating cash flow.
Manufacturing improvements increased lyophilization output by over 15% in 2025, with further gains expected in 2026.
Sales force expanded by 50% to support commercial growth.
Re-Tain asset repurposing capital assessment status
Dual-Force decline: net impact of Tri-Shield migration?
International sales decline: specific order timing issues?
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Next ImmuCell earnings date
Q4 202526 Feb, 2026
ImmuCell
Next ImmuCell earnings date
Q4 202526 Feb, 2026
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ImmuCell Corporation, an animal health company, designs, develops, manufactures, and markets products that enhance the health and productivity of dairy and beef cattle worldwide. It focuses on developing products that improve the health of calves during the period from birth through weaning.
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