earnings
confidence high
sentiment neutral
materiality 0.75
ADMA Q1 revenue flat at $114.5M, ASCENIV up 28%; withdraws long-term guidance
ADMA BIOLOGICS, INC.
2026-Q1 EPS reported
$0.19
revenue$114,493,000
- Revenue $114.5M flat YoY; ASCENIV rev $97.5M (+28%) offset by BIVIGAM -54%.
- GAAP net income $45.3M (+68%); Adjusted net income $40.7M (+22%); Adjusted EBITDA $59.7M (+24%).
- FY 2026 guidance: rev $530-560M, Adj EBITDA $265-300M; withdraws long-term guidance due to market dynamics.
- Audit committee review found no improper channel stuffing or undisclosed related-party transactions.
- Cash from ops $58M; gross margin expanded to 71% from 53% on product mix shift.