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Segments

By segment

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ADMA Bio Manufacturing$6.01M+483%
Plasma Collection Centers$0

Other financials

Income statement

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Revenue$124.4M+2.0%
Gross profit$86.3M+28.3%
Operating income$52.4M+22.5%
Net income$37.8M+10.5%
EPS (diluted)$0.16+14.3%

Balance sheet

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Cash & equivalents$136.0M+50.7%
Total debt$203.9M+1,855%
Total equity$408.2M+2.5%
Total assets$684.2M+22.5%

Cash flow

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Operating cash flow$29.5M+39.7%
CapEx$2.3M-6.9%
Free cash flow$27.3M+45.8%

Valuation

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Market cap$2.25B-49.1%
Enterprise value$2.32B-46.6%
P/E13.3×-7.9×
P/S4.4×-4.9×

Profitability

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Gross margin64.7%+11.7pp
Operating margin43.8%+11.0pp
Net margin33%-11.1pp
FCF margin22.7%+8.9pp

Returns & leverage

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Return on equity41.9%-29.3pp
Debt / equity0.5×+0.5×
Current ratio+1.6×

Where this comes from

Reported directly by ADMA Biologics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: ADMA Biologics’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031445
Line itemThree Months ended June 30, 2026Three Months ended June 30, 2025Six Months ended June 30, 2026Six Months ended June 30, 2025
Cost of product revenue38,11854,75771,861108,463
Gross profit86,27767,227167,027128,323
OPERATING EXPENSES:
Research and development6,0141,0318,6111,858
Plasma center operating expenses1,0261,1522,0882,438
Amortization of intangible assets553211057
Gain on sale of plasma centers--(7,980)-
Selling, general and administrative26,73722,21453,47946,292

Item 1. Financial Statements.

FAQ

What is ADMA Biologics's R&D?
ADMA Biologics (ADMA) reported R&D of $6.01M in Q2 2026.
How has ADMA Biologics's R&D changed year-over-year?
ADMA Biologics's R&D increased by 483.3% year-over-year, from $1.03M to $6.01M.
What is the long-term trend for ADMA Biologics's R&D?
Over 4 years (2021 to 2025), ADMA Biologics's R&D has grown at a 6.9% compound annual growth rate (CAGR), from $3.65M to $4.76M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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