Adagene Inc. (ADAG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|
| Sales/Revenue | 7.69M | 0 | 103.2K | 0 | 0 | 407.87K | 407.87K | 8.65M | 8.65M | 2.68M | 2.68M | 3.92M | 1.96M | 8.79M | 4.41M | 1.36M | 679.42K | 170.5K | 0 | 154.75K |
| Revenue Growth % | 7354.11% | - | -74.7% | -100% | -100% | -84.81% | -84.81% | 120.43% | 340.86% | -69.46% | -39.1% | 188.72% | 188.72% | 5056.36% | - | 778.08% | 339.04% | -64.48% | - | - |
| Cost of Goods Sold | 282.32K | 300.33K | 926.25K | 0 | 0 | 425.46K | 0 | 8.65M | 0 | 2.66M | 0 | 1.96M | 0 | 4.38M | 0 | 679.42K | 0 | 0 | 0 | 0 |
| COGS % of Revenue | 3.67% | - | 897.49% | - | - | 104.31% | - | 100% | - | 99.09% | - | 50% | - | 49.86% | - | 50% | - | - | - | - |
| Gross Profit | 7.41M | -300.33K | -823.04K | -509.05K | 0 | -17.59K | 407.87K | 17.3M | 8.65M | 24.36K | 2.68M | 1.96M | 1.96M | 4.41M | 4.41M | 679.42K | 679.42K | 170.5K | 0 | 154.75K |
| Gross Margin % | 96.33% | - | -797.49% | - | - | -4.31% | 100% | 200% | 100% | 0.91% | 100% | 50% | 100% | 50.14% | 100% | 50% | 100% | 100% | - | 100% |
| Gross Profit Growth % | 1000.39% | 41% | -4579.31% | -102.94% | -100% | -172.22% | -84.81% | 781.72% | 340.86% | -99.45% | -39.1% | 188.72% | 188.72% | 2485.46% | - | 339.04% | 339.04% | -64.48% | - | - |
| Operating Expenses | 13.18M | 15.43M | 26.89M | 9.16M | 9.28M | 9.05M | 9.05M | 10.22M | 10.22M | 18.84M | 18.84M | 52M | 25.41M | 43.55M | 21.47M | 38.86M | 19.21M | -11.37M | 11.37M | 9.51M |
| OpEx % of Revenue | 171.29% | - | 26058.9% | - | - | 2219.42% | 2219.42% | 118.16% | 118.16% | 701.72% | 701.72% | 1325.39% | 1295.14% | 495.4% | 487.02% | 2860% | 2827.86% | -6666.39% | - | 6144.88% |
| Selling, General & Admin | 3.41M | 3.68M | 3.7M | 1.8M | 1.8M | 2.11M | 2.11M | 2.24M | 2.24M | 2.53M | 2.53M | 6.85M | 3.42M | 7.02M | 3.52M | 7.4M | 3.7M | -4.01M | 2.71M | 2.37M |
| SG&A % of Revenue | 44.36% | - | 3584.93% | - | - | 516.81% | 516.81% | 25.85% | 25.85% | 94.23% | 94.23% | 174.58% | 174.58% | 79.85% | 79.85% | 544.59% | 544.59% | -2352.01% | - | 1529.4% |
| Research & Development | 9.76M | 11.74M | 20.49M | 7.36M | 7.36M | 7.67M | 7.67M | 10.64M | 10.64M | 18.1M | 18.1M | 45.15M | 22.57M | 36.53M | 18.32M | 31.46M | 15.73M | -7.36M | 8.65M | 7.46M |
| R&D % of Revenue | 126.93% | - | 19856.68% | - | - | 1881.68% | 1881.68% | 123.09% | 123.09% | 674.01% | 674.01% | 1150.81% | 1150.81% | 415.55% | 415.55% | 2315.4% | 2315.4% | -4314.39% | - | 4818.74% |
| Other Operating Expenses | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68.72K | 25.08K | 0 |
| Operating Income | -5.77M | -15.73M | -26.79M | -9.16M | -9.16M | -9.34M | -9.34M | -2.52M | -2.52M | -17.92M | -17.92M | -48.07M | -24.04M | -34.76M | -17.43M | -37.5M | -18.75M | 11.54M | -11.37M | -9.67M |
| Operating Margin % | -74.96% | - | -25958.9% | - | - | -2288.81% | -2288.81% | -29.19% | -29.19% | -667.59% | -667.59% | -1225.39% | -1225.39% | -395.4% | -395.4% | -2760% | -2760% | 6766.39% | - | -6248.14% |
| Operating Income Growth % | 78.48% | -71.67% | -186.98% | -262.88% | -262.88% | 47.91% | 47.91% | 94.75% | 89.5% | 48.44% | -2.83% | -28.18% | -28.18% | -401.32% | -53.32% | -287.88% | -93.94% | 314.29% | - | - |
| EBITDA | -5.48M | -15.43M | -26.06M | -8.96M | -8.96M | -9.09M | -9.05M | -2.27M | -2.27M | -17.64M | -17.64M | -47.79M | -23.76M | -34.48M | -17.22M | -37.29M | -18.54M | 11.75M | -11.14M | -9.46M |
| EBITDA Margin % | -71.29% | - | -25255.1% | - | - | -2228.74% | -2218.57% | -26.2% | -26.2% | -656.92% | -657.11% | -1218.22% | -1211.05% | -392.2% | -390.53% | -2744.2% | -2728.41% | 6890.26% | - | -6113.07% |
| EBITDA Growth % | 78.96% | -72.15% | -186.72% | -295.56% | -295.56% | 48.46% | 48.71% | 95.26% | 90.46% | 48.85% | -2.48% | -28.17% | -28.15% | -393.51% | -54.55% | -294.18% | -95.96% | 327.25% | - | - |
| D&A (Non-Cash Add-back) | 282.32K | 300.33K | 726.35K | 199.9K | 199.9K | 245.01K | 286.5K | 259.1K | 259.1K | 286.5K | 281.26K | 281.26K | 281.26K | 281.26K | 214.6K | 214.6K | 214.6K | 211.19K | 229.2K | 209.01K |
| EBIT | -5.77M | -15.73M | -23.43M | -9.16M | -9.16M | -9.34M | -9.34M | -2.52M | -2.52M | -17.92M | -17.92M | -24.04M | -24.04M | -17.43M | -17.43M | -18.75M | -18.75M | -12.68M | -11.33M | -9.67M |
| Net Interest Income | 947.89K | 897.89K | 1.4M | 1.55M | 774.12K | 1.87M | 914.9K | 1.35M | 672.73K | -118.78K | 59.66K | 98.25K | 98.25K | -164.33K | 82.03K | 61.77K | 61.77K | -72.04K | -24.39K | 261.78K |
| Interest Income | 1.09M | 1.22M | 1.82M | 1.98M | 774.12K | 2.42M | 914.9K | 1.92M | 672.73K | 360.93K | 59.66K | 98.25K | 98.25K | 6.84K | 82.03K | 61.77K | 61.77K | 16.39K | 89.34K | 261.78K |
| Interest Expense | 145.13K | 319.2K | 423.55K | 428.33K | 0 | 545.83K | 0 | 573.51K | 0 | 479.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88.43K | 113.73K | 0 |
| Other Income/Expense | 1.32M | 2.22M | 1.85M | 655.75K | 655.75K | 1.61M | 1.61M | 1.63M | 1.63M | 1.71M | 1.71M | 495.13K | 495.13K | 573K | 287.31K | -18.44M | 156.57K | -322.56K | -75.7K | 576.32K |
| Pretax Income | -4.44M | -13.51M | -24.94M | -8.51M | -8.51M | -7.73M | -7.73M | -897.84K | -897.84K | -16.21M | -16.21M | -47.08M | -23.54M | -34.19M | -17.14M | -37.19M | -18.6M | 13.2M | -11.44M | -9.09M |
| Pretax Margin % | -57.76% | - | -24162.34% | - | - | -1895.11% | -1895.11% | -10.38% | -10.38% | -603.94% | -603.94% | -1200.15% | -1200.15% | -388.88% | -388.88% | -2736.95% | -2736.95% | 7740.24% | - | -5875.72% |
| Income Tax | -299.17K | 459 | -18.25K | 694 | 694 | -310.86K | -310.86K | 1.16M | 1.16M | -49.94K | -49.94K | 558.94K | 279.47K | 1.7M | 850.81K | 18.75M | 0 | -118.1K | 0 | 0 |
| Effective Tax Rate % | 6.73% | -0% | 0.07% | -0.01% | -0.01% | 4.02% | 4.02% | -128.82% | -128.82% | 0.31% | 0.31% | -1.19% | -1.19% | -4.96% | -4.96% | -50.42% | 0% | -0.89% | 0% | 0% |
| Net Income | -4.14M | -13.51M | -24.92M | -8.51M | -8.51M | -7.42M | -7.42M | -2.05M | -2.05M | -16.16M | -16.16M | -47.64M | -23.82M | -35.89M | -17.99M | -37.19M | -18.61M | 13.2M | -11.47M | -9.15M |
| Net Margin % | -53.87% | - | -24144.66% | - | - | -1818.9% | -1818.9% | -23.76% | -23.76% | -602.08% | -602.08% | -1214.39% | -1214.39% | -408.18% | -408.18% | -2736.95% | -2739.05% | 7740.24% | - | -5915.53% |
| Net Income Growth % | 83.37% | -58.84% | -235.88% | -314.03% | -314.03% | 54.1% | 54.1% | 95.69% | 91.38% | 54.96% | 10.17% | -28.1% | -28.01% | -371.92% | -56.9% | -306.27% | -103.29% | 355.93% | - | - |
| Net Income (Continuing) | -4.14M | -13.51M | -24.92M | -8.51M | -8.51M | -7.42M | -7.42M | -2.05M | -2.05M | -16.16M | -16.16M | -23.82M | -23.82M | -17.99M | -17.99M | -18.6M | -18.6M | -12.77M | -11.44M | -9.09M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.11 | -0.36 | -0.71 | -0.24 | -0.24 | -0.21 | -0.21 | -0.06 | -0.06 | -0.47 | -0.47 | -1.36 | -0.69 | -1.02 | -0.51 | -1.27 | -0.64 | -0.39 | -0.41 | -0.34 |
| EPS Growth % | 84.51% | -50% | -238.1% | -308.86% | -308.86% | 55.32% | 55.32% | 95.68% | 91.49% | 53.92% | 7.84% | -7.09% | -7.81% | -161.54% | -24.39% | -273.53% | -88.24% | -105.26% | - | - |
| EPS (Basic) | -0.11 | -0.36 | -0.71 | -0.24 | -0.24 | -0.21 | -0.21 | -0.06 | -0.06 | -0.47 | -0.47 | -1.36 | -0.69 | -1.02 | -0.51 | -1.27 | -0.64 | -0.39 | -0.41 | -0.34 |
| Diluted Shares Outstanding | 37.91M | 37.69M | 36.71M | 35.34M | 35.34M | 35.12M | 35.12M | 34.95M | 34.95M | 34.39M | 34.39M | 34.9M | 34.9M | 34.94M | 34.91M | 29.13M | 29.13M | 33.74M | 27.52M | 27.52M |
| Basic Shares Outstanding | 37.91M | 37.69M | 36.71M | 35.12M | 35.12M | 35.12M | 35.12M | 32.87M | 32.87M | 34.03M | 34.03M | 34.9M | 34.9M | 34.94M | 34.91M | 29.13M | 29.05M | 33.74M | 27.52M | 27.52M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |