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ANI Pharmaceuticals ANIP Generics and Other — Research and Development expense

Other segment segments

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$3.56M-30.5%

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Other financials

Income statement

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Revenue$266.0M+25.9%
Gross profit$165.9M+21.3%
Operating income$40.5M+191%
Net income$24.7M+189%
EPS (diluted)$1.05+192%

Balance sheet

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Cash & equivalents$360.2M+65.4%
Total debt$301.5M-4.2%
Total equity$597.2M+36.7%
Total assets$1.5B+11.3%

Cash flow

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Operating cash flow$56.7M-25.3%
CapEx$3.1M-23.9%
Free cash flow$53.6M-25.3%

Valuation

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Market cap$1.88B+25.6%
Enterprise value$1.82B+14.3%
P/E17.3×
P/S1.9×-0.1×

Profitability

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Gross margin60.4%-0.7pp
Operating margin15.4%
Net margin11.1%+10.0pp
FCF margin17.7%+0.9pp

Returns & leverage

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Return on equity21%+19.1pp
Debt / equity0.5×-0.2×
Current ratio2.9×+0.4×

Where this comes from

Reported directly by ANI Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: ANI Pharmaceuticals’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 7:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001023024-26-000069
(in thousands)Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$100,656$165,388$266,044
Cost of sales (excluding depreciation and amortization)51,39848,760100,158
Research and Development expense11,1863,56114,747
Selling, general, and administrative expense1,57860,71929,36491,661
Depreciation and amortization19,64019,640
Contingent consideration fair value adjustment(622)(622)
Operating Income (Loss)$36,494$52,348$(48,382)$40,460
Unrealized gain on investment in equity securities$741$741

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is ANI Pharmaceuticals's generics and other — research and development expense?
ANI Pharmaceuticals (ANIP) reported generics and other — research and development expense of $11.19M in Q2 2026.
How has ANI Pharmaceuticals's generics and other — research and development expense changed year-over-year?
ANI Pharmaceuticals's generics and other — research and development expense decreased by 2.0% year-over-year, from $11.41M to $11.19M.
What is the long-term trend for ANI Pharmaceuticals's generics and other — research and development expense?
Over 3 years (2022 to 2025), ANI Pharmaceuticals's generics and other — research and development expense has grown at a 22.6% compound annual growth rate (CAGR), from $19.96M to $36.82M.
What does generics and other — research and development expense mean?
Captures the costs incurred for the research, development, and clinical testing of new generic formulations or complex pharmaceutical products within this segment. This investment reflects the company's commitment to pipeline expansion and its ability to bring new, high-value products to market.

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