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Anika Therapeutics ANIK Q2 2026 earnings

Reported July 29, 2026 · Before market open

Revenue$32.6MBeat by $3.4M
EPS$0.42Beat by $0.39
Revenue estimate$29.2M
EPS estimate$0.03
“Our second quarter results mark a positive step forward in improving the performance of our business. We achieved record Commercial Channel revenue, substantial gross margin expansion, and our highest adjusted EBITDA since 2020. The actions we initiated earlier this year are delivering early gains as we continue to drive operational excellence throughout the Company. Additionally, our growth has diversified across channels and geographies, highlighted by a record quarter of international revenue.”
Steve Griffin

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$29.7M
EPS estimate$0.17

Financials

Q2 2026

Income statement

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Revenue$32.6M+15.6%
Net income$3.3M+183%

Balance sheet

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Cash & equivalents$38.4M-27.8%
Total debt$25.3M+1.0%
Total equity$137.3M-7.0%
Total assets$183.5M-2.2%

Cash flow

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Operating cash flow-$684.0K-262%
CapEx$1.4M-1.2%
Free cash flow-$2.1M-28.8%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$278.9M+123%
Enterprise value$265.74M+175%
P/S2.3×+1.0×

Profitability

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Net margin-3.4%-1.6pp
FCF margin0.5%—

Returns & leverage

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Return on equity-2.9%-1.4pp
Debt / equity0.2×0.0×
Current ratio4.5×-1.7×

Segments

By geography

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Europe$6.8M+43.9%
Other Location$6.0M+7.7%

By product

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OEM Channel$18.7M+14.5%
Commercial Channel$13.9M+17.1%

FAQ

When did Anika Therapeutics report Q2 2026 earnings?
Anika Therapeutics (ANIK) reported Q2 2026 earnings on July 29, 2026 before market open.
What were Anika Therapeutics's Q2 2026 revenue and EPS?
Anika Therapeutics reported revenue of $32.6M and eps of $0.42 for Q2 2026.
Did Anika Therapeutics beat estimates in Q2 2026?
Revenue beat the consensus estimate of $29.2M by $3.4M. EPS beat the consensus estimate of $0.03 by $0.39.
How did Anika Therapeutics's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 15.6% from $28.2M a year earlier.
Where can I find Anika Therapeutics's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001171843-26-004977) and the 10-Q periodic report (0001171843-26-005012) directly on SEC EDGAR. The filing index links above go to sec.gov.