earnings
confidence high
sentiment positive
materiality 0.75
ImmuCell Q2 2026 net income $1.8M, revenue up 11.5% to $7.2M
IMMUCELL CORP /DE/
- Net income $1.8M ($0.20 diluted EPS) vs $0.5M ($0.06) in Q2 2025; adjusted EBITDA $2.7M vs $1.4M.
- Product sales $7.2M, +11.5% YoY; gross margin fell to 33.9% from 43.7% on lower volumes and quality scrap.
- Received $2M legal settlement from former Re-Tain contract manufacturer, boosting net income.
- Cash rose to $8.9M from $3.8M at year-end; working capital $16.6M, equity $31.4M.
- Plans ~$3.5M freeze-drying capacity (H1 2027) and ~$4.5M liquid processing expansion; aims to triple capacity in 18 months.