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ADMA Biologics ADMA ADMA Bio Manufacturing — Research And Development Expense

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Other financials

Income statement

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Revenue$114.5M-0.3%
Gross profit$80.8M+32.2%
Operating income$58.3M+67.1%
Net income$45.3M+68.5%
EPS (diluted)$0.19+72.7%

Balance sheet

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Cash & equivalents$138.2M+92.9%
Total debt$204.4M+2,055%
Total equity$390.3M+4.5%
Total assets$665.2M+30.3%

Cash flow

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Operating cash flow$58.2M+396%
CapEx$2.5M-45.9%
Free cash flow$55.7M+329%

Valuation

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Market cap$2.01B-54.5%
Enterprise value$2.08B-52.5%
P/E12.2×-9.2×
P/S-5.7×

Profitability

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Gross margin61.3%+8.7pp
Operating margin42.1%+9.0pp
Net margin32.4%-12.6pp
FCF margin21.2%+1.4pp

Returns & leverage

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Return on equity43.3%-35.2pp
Debt / equity0.5×+0.5×
Current ratio+0.4×

Where this comes from

Reported directly by ADMA Biologics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: ADMA Biologics’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ADMA Biologics's ADMA bio manufacturing — research and development expense?
ADMA Biologics (ADMA) reported ADMA bio manufacturing — research and development expense of $2.6M in Q1 2026.
How has ADMA Biologics's ADMA bio manufacturing — research and development expense changed year-over-year?
ADMA Biologics's ADMA bio manufacturing — research and development expense increased by 214.4% year-over-year, from $826K to $2.6M.
What is the long-term trend for ADMA Biologics's ADMA bio manufacturing — research and development expense?
Over 3 years (2022 to 2025), ADMA Biologics's ADMA bio manufacturing — research and development expense has grown at a 9.6% compound annual growth rate (CAGR), from $3.61M to $4.76M.
What does ADMA bio manufacturing — research and development expense mean?
Captures the costs associated with the discovery, development, and clinical testing of new specialty biologics within the manufacturing segment. This investment reflects the company's commitment to long-term innovation and future product pipeline expansion.