What is ANI Pharmaceuticals's finished goods?

ANI Pharmaceuticals (ANIP) reported finished goods of $54.85M in Q1 2026.

How has ANI Pharmaceuticals's finished goods changed year-over-year?

ANI Pharmaceuticals's finished goods decreased by 8.6% year-over-year, from $59.98M to $54.85M.

What is the long-term trend for ANI Pharmaceuticals's finished goods?

Over 3 years (2022 to 2025), ANI Pharmaceuticals's finished goods has grown at a 26.0% compound annual growth rate (CAGR), from $28.02M to $55.99M.

What does finished goods mean?

Completed products ready for sale, valued at the lower of cost or net realizable value.

ANI Pharmaceuticals ANIP Finished goods

Finished goods at other companies

ALN

Alnylam PharmaceuticalsALNY

$38.98M+18.3%

Aurinia PharmaceuticalsAUPH

$4.33M+17.8%

OrganonOGN

$734M-5.5%

Mirum Pharmaceuticals, Inc.MIRM

$3.42M-4.4%

ViatrisVTRS

——

AmgenAMGN

——

Other financials

Income statement

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Revenue$237.5M+20.5%

Gross profit$143.9M+16.0%

Operating income$38.9M+48.5%

Net income$29.5M+88.1%

EPS (diluted)$1.28+85.5%

Balance sheet

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Cash & equivalents$311.2M+108%

Total debt$305.3M-3.5%

Total equity$562.3M+34.3%

Total assets$1.4B+10.0%

Cash flow

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Operating cash flow$58.4M+66.8%

CapEx$6.1M+146%

Free cash flow$52.3M+60.8%

Valuation

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Market cap$1.89B+18.3%

Enterprise value$1.88B+5.8%

P/E20.5×—

P/S2×-0.3×

Profitability

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Gross margin60.8%+1.5pp

Operating margin13.4%—

Net margin10%+8.1pp

FCF margin20.7%+10.8pp

Returns & leverage

See full

Return on equity18.8%+15.6pp

Debt / equity0.5×-0.2×

Current ratio3.1×+0.5×

Where this comes from

Reported directly by ANI Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:InventoryFinishedGoods.

The official record: ANI Pharmaceuticals’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ANI Pharmaceuticals's finished goods?: ANI Pharmaceuticals (ANIP) reported finished goods of $54.85M in Q1 2026.
How has ANI Pharmaceuticals's finished goods changed year-over-year?: ANI Pharmaceuticals's finished goods decreased by 8.6% year-over-year, from $59.98M to $54.85M.
What is the long-term trend for ANI Pharmaceuticals's finished goods?: Over 3 years (2022 to 2025), ANI Pharmaceuticals's finished goods has grown at a 26.0% compound annual growth rate (CAGR), from $28.02M to $55.99M.
What does finished goods mean?: Completed products ready for sale, valued at the lower of cost or net realizable value.