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ADAGAdagene Inc.$3.57$210M
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HomeStocksADAGEarnings History

ADAG logoAdagene Inc. (ADAG) Earnings History

Net Loss

7 years of earnings data (2018–2024) · Currently unprofitable on a TTM basis

TTM Net Income
-$55M
● Net Loss
TTM EPS (Diluted)
$-1.47
Per share, diluted
YoY EPS Growth
-75.9%
Declining
Net Margin
-32386.4%
After-tax profitability
EPS Growth Rate (CAGR)
1YN/A
3YN/A
5YN/A
10YN/A
Operating Margin-34835.4%
Gross Margin-797.5%
Return on Equity-55.2%
Return on Assets-32.6%
Record Annual Net Income-$15MFY2018
Record Quarterly EPS$-0.06Q2 2023
Consecutive Profitable Years0years
Q2 2025
Net Income-$14M
EPS (Diluted)$-0.36
YoY Growth-75.9%Declining
QoQ Growth+45.8%Excellent

Loading earnings history...

Adagene Inc. (ADAG) Earnings Overview

As of June 13, 2026, Adagene Inc. (ADAG) reported trailing twelve-month net income of -$55M, reflecting -75.9% year-over-year growth. The company earned $-1.47 per diluted share over the past four quarters, with a net profit margin of -32386.4%.

Looking at the long-term picture, ADAG's historical earnings data spans multiple years. The company achieved its highest annual net income of -$15M in fiscal 2018.

Adagene Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including ZLAB (-$178M net income, -38.1% margin), BCAB (-$51M net income, -2980.3% margin), IMVT (-$506M net income), ADAG has room to improve margins relative to the peer group. Compare ADAG vs ZLAB →

ADAG Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ADAG logoADAGCurrent
-$55M$-1.47-32386.4%-55.2%-75.9%—
ZLAB logoZLAB
-$178M$-1.61-38.1%-22.6%+38.5%
BCAB logoBCAB
-$51M$-33.71-2980.3%-+29.9%
IMVT logoIMVT
-$506M$-2.48--64.8%-1.5%
XNCR logoXNCR
-$172M$-2.29-73.2%-14.0%+65.4%
MGTX logoMGTX
-$121M$-1.48-140.3%-368.2%+33.0%
Best in group
Lowest in group

ADAG Historical Earnings Data (2018–2024)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024-$33M-76.4%-$36M$-0.95-32386.4%-34835.4%
2023-$19M+76.3%-$24M$-0.54-104.6%-131.0%
2022-$80M-9.3%-$84M$-2.31-860.6%-903.1%
2021-$73M-345.2%-$72M$-2.29-719.2%-711.2%
2020-$16M+5.0%-$19M$-0.59-3424.1%-3993.7%
2019-$17M-17.5%-$19M$-0.49-3602.9%-3993.7%
2018-$15M--$17M$-1.51-974.0%-1147.1%

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What if you invested $1,000 in ADAG back in 2018?

Total return with dividends reinvested · 8+ years of data

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How much would $100/month in ADAG be worth today?

Dollar cost averaging vs lump sum · see how regular investing compounds over time

Run the Numbers

Is ADAG Undervalued Right Now?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

View Valuation

ADAG vs LLY — which is the better buy?

Side-by-side revenue, margins, P/E and 10-year returns vs Eli Lilly and Company.

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ADAG — Frequently Asked Questions

Quick answers to the most common questions about buying ADAG stock.

What is ADAG earnings per share (EPS)?

ADAG trailing twelve-month (TTM) diluted EPS is $-1.47, reflecting -75.9% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2018 to 2024 is available in the table on this page.

What is Adagene Inc.'s net income?

Adagene Inc. (ADAG) trailing twelve-month net income is $-55M as of 2024. Earnings declined -75.9% year-over-year.

Is ADAG profitable?

ADAG is not currently profitable on a TTM basis, reporting a net loss of $-55M. Net margin is -32386.4%. Investors should monitor for a return to profitability.

What is ADAG's earnings growth rate?

ADAG compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2018 to 2024.

What are ADAG's profit margins?

Adagene Inc. net profit margin is -32386.4%, operating margin is -34835.4%, and gross margin is -797.5%. Below-average margins reflect competitive or cost pressures. Return on Equity is -55.2%.

Is ADAG growing earnings?

ADAG earnings are declining — EPS fell -75.9% year-over-year. TTM net income dropped to $-55M. This contrasts with the 5-year CAGR of N/A.

What was ADAG's best earnings year?

Adagene Inc.'s highest annual net income on record is $-15M, achieved in fiscal year 2018. Earnings history on this page spans 2018 to 2024 and includes all annual and quarterly figures.

What were ADAG's earnings last quarter?

ADAG's most recent reported quarter was Q2 2025. Net income was $-14M with diluted EPS of $-0.36. For a full breakdown of all quarters, see the quarterly earnings table on this page.

ADAG Earnings Over Time (2018–2024)

Net income & EPS — annual and quarterly view