Armata Pharmaceuticals, Inc. (ARMP) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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ARMP Revenue Growth
ARMP Revenue Analysis (2013–2024)
As of May 8, 2026, Armata Pharmaceuticals, Inc. (ARMP) generated trailing twelve-month (TTM) revenue of $5.1 million, reflecting significant decline in growth of -61.0% year-over-year. The most recent quarter (Q3 2025) recorded $1.2 million in revenue, down 46.6% sequentially.
Looking at the longer-term picture, ARMP's historical revenue data shows a 3-year CAGR of +5.0%. The company achieved its highest annual revenue of $5.5 million in 2022.
When compared to Healthcare sector peers including LSTA (-83.0% YoY), SIGA (-22.1% YoY), and INNV (+13.7% YoY), ARMP has underperformed the peer group in terms of revenue growth. Compare ARMP vs LSTA →
ARMP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ARMPCurrent | $5M | -61.0% | - | -820.2% | |
 LSTA | $170,000 | -83.0% | - | -10711.2% | |
 SIGA | $95M | -22.1% | -5.4% | 25.1% | |
 INNV | $854M | +13.7% | +8.5% | -3.5% |
ARMP Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $5.2M | +14.2% | $-29,252,000 | -565.4% | $-42,436,000 | -820.2% |
| 2023 | $4.5M | -17.8% | $3.6M | 78.5% | $-40,890,000 | -902.8% |
| 2022 | $5.5M | +23.1% | $-29,509,000 | -535.7% | $-36,946,000 | -670.8% |
| 2021 | $4.5M | +443.6% | $-15,541,000 | -347.4% | $-23,822,000 | -532.5% |
| 2020 | $823K | - | $-13,621,000 | -1655.0% | $-21,587,000 | -2623.0% |
| 2019 | $0 | - | $-1,351,000 | - | $-19,089,000 | - |
| 2018 | $0 | -100.0% | $-1,351,000 | - | $-12,524,000 | - |
| 2017 | $115K | -55.8% | $-259,000 | -225.2% | $-16,156,000 | -14048.7% |
| 2016 | $260K | -45.3% | $-109,000 | -41.9% | $-23,378,000 | -8991.5% |
| 2015 | $475K | +16.1% | $475K | 100.0% | $-10,227,000 | -2153.1% |
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Start ComparisonARMP — Frequently Asked Questions
Quick answers to the most common questions about buying ARMP stock.
Is ARMP's revenue growth accelerating or slowing?
ARMP revenue declined -61.0% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $5M. This reverses the prior growth trend.
What is ARMP's long-term revenue growth rate?
Armata Pharmaceuticals, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -61.0% is below this long-term average.
How is ARMP's revenue distributed by segment?
ARMP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.