Inotiv Q3 FY2025 revenue up 23.5% to $130.7M; net loss narrows to $17.6M

Inotiv, Inc.

2025-Q3 EPS reported -$1.89 revenue$374,882,000

Revenue $130.7M, +23.5% YoY; DSA $48.2M (+8.9%), RMS $82.5M (+34.1%).
Adjusted EBITDA $11.6M (8.9% of revenue) vs $0.1M in Q3 FY2024; net loss improved to $17.6M from $26.1M.
DSA net awards up 25% YoY; book-to-bill 1.07x; backlog $134.3M at June 30.
YTD FY2025 revenue $374.9M (+4.0%); net loss $60.1M vs $90.0M; adjusted EBITDA $22.1M vs $12.8M.

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