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ANI Pharmaceuticals ANIP Operating Income

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Segments

By segment

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Rare Disease and Brands$52.35M+77.7%
Generics and Other$36.49M-4.4%

Other financials

Income statement

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Revenue$266.0M+25.9%
Gross profit$165.9M+21.3%
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:OperatingIncomeLoss.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization19,64023,28140,55946,172
Contingent consideration fair value adjustment(622)1,277(804)(10,815)
Total Operating Expenses, net225,584197,479424,158368,407
Operating income40,46013,89279,34840,086
Other (expense) income, net
Unrealized gain (loss) on investment in equity securities7413326,494(589)
Interest expense, net(3,636)(5,438)(7,405)(10,922)
Other (expense) income, net(468)1,739(1,119)1,937

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is ANI Pharmaceuticals's operating income?
ANI Pharmaceuticals (ANIP) reported operating income of $40.46M in Q2 2026.
How has ANI Pharmaceuticals's operating income changed year-over-year?
ANI Pharmaceuticals's operating income increased by 191.2% year-over-year, from $13.89M to $40.46M.
What is the long-term trend for ANI Pharmaceuticals's operating income?
Over 3 years (2021 to 2025), ANI Pharmaceuticals's operating income has grown at a 40.8% compound annual growth rate (CAGR), from -$39.79M to $111.09M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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