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Other financials

Income statement

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Revenue$183.9M+5.4%
Gross profit$93.5M+8.1%
Operating income$39.7M-5.8%
Net income$30.3M-2.2%
EPS (diluted)$0.67+4.7%

Balance sheet

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Cash & equivalents$223.6M+19.1%
Total debt$688.5M+5.0%
Total equity$445.5M
Total assets$1.7B+8.0%

Cash flow

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Operating cash flow$51.3M+44.2%
CapEx$8.6M-18.7%
Free cash flow$42.7M+70.7%

Valuation

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Market cap$916.25M-28.0%
Enterprise value$1.38B-20.6%
P/E11.7×+2.2×
P/S1.3×-0.5×

Profitability

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Gross margin47.7%-2.2pp
Operating margin15.7%-9.5pp
Net margin10.8%-7.9pp
FCF margin20.9%+5.4pp

Returns & leverage

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Return on equity14.7%
Debt / equity0.2×
Current ratio2.4×-0.9×

Where this comes from

Reported directly by Amphastar Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Amphastar Pharmaceuticals’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:50 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001297184-26-000047
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Operating expenses:
Selling, distribution, and marketing13,33510,23525,26222,101
General and administrative18,24213,99136,27029,987
Research and development22,16420,08048,90140,176
Total operating expenses53,74144,306110,43392,264
Income from operations39,72942,18453,35979,477
Non-operating expenses:
Interest income2,2871,9214,6874,010

Item 1. Financial Statements (unaudited)

FAQ

What is Amphastar Pharmaceuticals's R&D?
Amphastar Pharmaceuticals (AMPH) reported R&D of $22.16M in Q2 2026.
How has Amphastar Pharmaceuticals's R&D changed year-over-year?
Amphastar Pharmaceuticals's R&D increased by 10.4% year-over-year, from $20.08M to $22.16M.
What is the long-term trend for Amphastar Pharmaceuticals's R&D?
Over 4 years (2021 to 2025), Amphastar Pharmaceuticals's R&D has grown at a 8.9% compound annual growth rate (CAGR), from $60.93M to $85.84M.
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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