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Amphastar Pharmaceuticals

AMPH

Amphastar Pharmaceuticals is a biopharmaceutical company specializing in the development, manufacturing, and commercialization of technically challenging generic and proprietary injectable, inhalation, and intranasal products.

Market cap
$845.7M-15.9%
Revenue$720.5M-1.4%
Net income$79.2M-44.1%
Free cash flow$135.2M-10.0%
EPS (diluted)$1.66-39.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$179.9M
EPS estimate$0.66

Financials

Q1 2026

Income statement

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Revenue$171.2M+0.4%
Gross profit$70.3M-17.5%
Operating income$13.6M-63.5%
Net income$6.4M-74.6%
EPS (diluted)$0.14-72.5%

Balance sheet

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Cash & equivalents$170.9M-6.5%
Total debt$686.6M+5.2%
Total assets$1.6B+1.3%

Cash flow

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Operating cash flow$47.8M+36.4%
CapEx$9.5M-11.1%
Free cash flow$38.3M+57.2%

Valuation & ratios

Valuation

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Market cap$845.7M-15.9%
Enterprise value$1.36B-10.2%
P/E10.7×+2.9×
P/S1.2×-0.3×

Profitability

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Gross margin47.3%-3.2pp
Operating margin16.2%-10.4pp
Net margin11%-8.4pp
FCF margin18.8%-1.8pp

Returns & leverage

See full
Current ratio3.9×+0.9×

Segments

By geography

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US$159.0M-2.2%
FR$9.6M+22.8%
CN$2.5M+2,964%

By segment

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Finished Pharmaceutical Products$171.2M+0.4%

Competitors

Profile

Amphastar Pharmaceuticals is a biopharmaceutical company specializing in the development, manufacturing, and commercialization of technically challenging generic and proprietary injectable, inhalation, and intranasal products. The company focuses on high-barrier-to-entry medications, including complex molecules, peptides, and proteins, while maintaining a vertically integrated supply chain through its own active pharmaceutical ingredient (API) production. Its core value proposition lies in its ability to produce bioequivalent versions of complex drugs and innovative delivery systems for critical care and chronic conditions.

Competitive position

A leading player in complex generics and specialty injectables with a focus on products with high technical barriers to entry and vertical integration.

GeographiesUnited States, France, China
Customer segmentsHealthcare Providers, Wholesalers, Retail Consumers
Business modelManufacturing, Research and Development, B2B, B2C
SuppliersAnimal-derived raw materials, Hydrofluorocarbons (HFCs), Specialized chemical suppliers, Contract Manufacturing Organizations (CMOs)
CustomersMcKesson, Cencora, Cardinal Health, Group Purchasing Organizations (GPOs)
Listed2014
Employees1.8K
CEOYongfeng Zhang
FilingsSEC EDGAR

Questions, answered.

What is Amphastar Pharmaceuticals's market cap?
Amphastar Pharmaceuticals (AMPH) has a market capitalization of $845.7M and trades on NASDAQ.
What is Amphastar Pharmaceuticals's revenue and profitability?
Amphastar Pharmaceuticals generated $720.5M in trailing twelve-month revenue with net income of $79.2M, representing a net margin of 11.0%. Gross margin stands at 47.3%, with free cash flow of $135.2M. These figures are based on the Q1 2026 filing.
Who are Amphastar Pharmaceuticals's competitors?
Amphastar Pharmaceuticals's key competitors include Viatris Inc., Pfizer, Inc., Aquestive Therapeutics, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Amphastar Pharmaceuticals partner with?
Amphastar Pharmaceuticals's notable partners include Eli Lilly & Company, McKesson, Cencora, and others.
What subsidiaries does Amphastar Pharmaceuticals have?
Amphastar Pharmaceuticals's subsidiaries include Amphastar Nanjing Pharmaceuticals (ANP).
Where is Amphastar Pharmaceuticals headquartered?
Amphastar Pharmaceuticals is headquartered in United States of America and employs approximately 1,761 people. It has been publicly traded since 2014.