CASI Pharmaceuticals, Inc. (CASI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | 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 |
|---|
| Sales/Revenue | 3.08M | 4.17M | 6.24M | 13.36M | 7.79M | 3.98M | 3.41M | 6.87M | 8.84M | 9.82M | 8.35M | 15.26M | 10.21M | 8.57M | 9.06M | 9.16M | 8.11M | 7.16M | 5.74M | 4.82M |
| Revenue Growth % | -60.54% | 4.93% | 83.04% | 94.3% | -11.82% | -59.48% | -59.16% | -54.95% | -13.46% | 14.55% | -7.89% | 66.62% | 25.9% | 19.7% | 57.98% | 89.92% | 91.23% | 168.14% | 68.41% | 258.78% |
| Cost of Goods Sold | 2.37M | 2.12M | 2.62M | 10.13M | 3.75M | 1.91M | 1.6M | 2.81M | 3.65M | 3.99M | 3.38M | 4.27M | 4.25M | 3.55M | 3.76M | 3.8M | 3.42M | 2.98M | 2.36M | 1.95M |
| COGS % of Revenue | 77.04% | 50.71% | 42% | 75.83% | 48.09% | 48.05% | 47.02% | 40.95% | 41.28% | 40.59% | 40.47% | 28% | 41.58% | 41.41% | 41.47% | 41.49% | 42.12% | 41.64% | 41.11% | 40.48% |
| Gross Profit | 706K | 2.06M | 3.62M | 3.23M | 4.04M | 2.07M | 1.81M | 4.06M | 5.19M | 5.83M | 4.97M | 10.99M | 5.97M | 5.02M | 5.3M | 5.36M | 4.7M | 4.18M | 3.38M | 2.87M |
| Gross Margin % | 22.96% | 49.29% | 58% | 24.17% | 51.91% | 51.95% | 52.98% | 59.05% | 58.72% | 59.41% | 59.53% | 72% | 58.42% | 58.59% | 58.53% | 58.51% | 57.88% | 58.36% | 58.89% | 59.52% |
| Gross Profit Growth % | -82.55% | -0.44% | 100.39% | -20.47% | -22.06% | -64.57% | -63.65% | -63.06% | -13.01% | 16.15% | -6.32% | 105.06% | 27.07% | 20.17% | 57.02% | 86.69% | 94.49% | 2614.29% | 1632.31% | 4935.09% |
| Operating Expenses | 11.38M | 13.18M | 14M | 16.14M | 12.51M | 10.86M | 11.03M | 8.79M | 10.29M | 13.87M | 12.18M | 23.63M | 11.68M | 11.41M | 12.26M | 16.41M | 11.59M | 12.16M | 18.98M | 18.08M |
| OpEx % of Revenue | 370.18% | 315.76% | 224.33% | 120.86% | 160.52% | 272.83% | 323.41% | 127.9% | 116.37% | 141.27% | 145.94% | 154.85% | 114.39% | 133.14% | 135.3% | 179.15% | 142.84% | 169.76% | 330.81% | 374.91% |
| Selling, General & Admin | 9.54M | 11.04M | 11.92M | 11.92M | 10.61M | 10.37M | 8.55M | 11.57M | 8.04M | 12.52M | 9.71M | 11.84M | 8.41M | 8.92M | 8.6M | 12.65M | 8.69M | 8.85M | 8.22M | 9.11M |
| SG&A % of Revenue | 310.15% | 264.53% | 191.04% | 89.23% | 136.14% | 260.54% | 250.78% | 168.32% | 90.96% | 127.51% | 116.29% | 77.59% | 82.39% | 104.02% | 94.92% | 138.12% | 107.15% | 123.54% | 143.25% | 188.86% |
| Research & Development | 1.41M | 1.72M | 1.94M | 3.67M | 1.52M | 1.25M | 2.48M | 2.31M | 2.4M | 2.61M | 2.53M | 4.25M | 3.9M | 3.85M | 3.99M | 4.01M | 2.9M | 2.25M | 5.26M | 9.67M |
| R&D % of Revenue | 45.95% | 41.29% | 31.03% | 27.45% | 19.52% | 31.52% | 72.63% | 33.66% | 27.14% | 26.62% | 30.36% | 27.84% | 38.24% | 44.92% | 44.05% | 43.83% | 35.69% | 31.49% | 91.67% | 200.6% |
| Other Operating Expenses | 433K | 415K | 141K | 558K | 379K | -765K | 0 | -1000K | -153K | -1000K | -59K | 1000K | -637K | -1000K | -333K | -256K | 0 | 1000K | 1000K | -702K |
| Operating Income | -10.68M | -11.13M | -10.38M | -12.91M | -8.46M | -8.79M | -9.22M | -4.73M | -5.09M | -8.04M | -7.21M | -12.64M | -5.72M | -6.39M | -6.96M | -11.05M | -6.89M | -7.98M | -15.6M | -15.21M |
| Operating Margin % | -347.22% | -266.47% | -166.33% | -96.69% | -108.61% | -220.88% | -270.43% | -68.85% | -57.65% | -81.86% | -86.41% | -82.85% | -55.98% | -74.55% | -76.77% | -120.65% | -84.96% | -111.39% | -271.91% | -315.39% |
| Operating Income Growth % | -26.15% | -26.58% | -12.58% | -172.85% | -66.12% | -9.33% | -27.81% | 62.56% | 10.88% | -25.79% | -3.68% | -14.42% | 17.05% | 19.89% | 55.4% | 27.35% | 63.07% | 10.23% | -77.82% | -24.85% |
| EBITDA | -10.09M | -10.96M | -10.55M | -12.33M | -7.53M | -7.85M | -8.28M | -3.8M | -4.49M | -7.43M | -6.61M | -11.75M | -4.95M | -6.06M | -6.52M | -10.64M | -6.47M | -7.51M | -15.08M | -14.73M |
| EBITDA Margin % | -328.27% | -262.44% | -169.12% | -92.33% | -96.61% | -197.38% | -243% | -55.25% | -50.8% | -75.7% | -79.16% | -77.02% | -48.49% | -70.65% | -71.99% | -116.14% | -79.77% | -104.9% | -262.92% | -305.54% |
| EBITDA Growth % | -34.08% | -39.51% | -27.39% | -224.7% | -67.7% | -5.65% | -25.37% | 67.68% | 9.34% | -22.73% | -1.28% | -10.49% | 23.47% | 19.38% | 56.74% | 27.81% | 64.47% | 10.25% | -82.84% | -25.16% |
| D&A (Non-Cash Add-back) | 582.75K | 0 | 0 | 582.75K | 935.25K | 935.25K | 935.25K | 935.25K | 605.5K | 605.5K | 605.5K | 890K | 765K | 334K | 433K | 413K | 421K | 465K | 516K | 475K |
| EBIT | -10.69M | -10.96M | -10.55M | -10.34M | -8.09M | -9.55M | -9.22M | -4.76M | -5.25M | -8M | -7.27M | -5.1M | -6.35M | -7.75M | -7.29M | -11.3M | -6.89M | -6.92M | -10.1M | -10.03M |
| Net Interest Income | -185K | -199K | -120K | 0 | -61K | -55K | -61K | 112K | 161K | 139K | 202K | 26K | -13K | 40K | 74K | 60K | 79K | 76K | 106K | 91K |
| Interest Income | 10K | 45K | 77K | 0 | 0 | 0 | 131K | 112K | 161K | 139K | 202K | 26K | 0 | 40K | 74K | 60K | 79K | 76K | 106K | 91K |
| Interest Expense | 195K | 244K | 197K | 0 | 61K | 55K | 192K | 0 | 0 | 0 | 0 | 0 | 13K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -206K | -76K | -371K | -1.46M | 1.19M | 1.82M | -309K | -1.16M | 629K | -2.11M | 1.38M | -4.72M | 694K | -1.1M | -1.44M | 5.65M | -3.13M | 1.23M | 1.91M | 1.18M |
| Pretax Income | -10.88M | -11.2M | -10.75M | -14.37M | -7.28M | -6.96M | -9.53M | -5.89M | -4.47M | -10.15M | -5.83M | -17.36M | -5.02M | -7.49M | -8.4M | -5.39M | -10.02M | -6.74M | -13.68M | -14.02M |
| Pretax Margin % | -353.92% | -268.29% | -172.28% | -107.59% | -93.4% | -175.04% | -279.5% | -85.73% | -50.53% | -103.36% | -69.86% | -113.78% | -49.18% | -87.4% | -92.69% | -58.91% | -123.51% | -94.16% | -238.56% | -290.83% |
| Income Tax | 0 | 2.17M | 0 | 0 | 1.12M | 0 | 0 | -1K | 0 | -80K | 0 | 1.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | -19.41% | 0% | 0% | -15.33% | 0% | 0% | 0.02% | 0% | 0.79% | 0% | -11.4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -10.88M | -13.38M | -10.75M | -14.37M | -8.39M | -6.96M | -9.53M | -6.05M | -4.63M | -10.24M | -6.01M | -19.54M | -5.2M | -7.68M | -8.6M | -5.6M | -10.22M | -6.95M | -13.88M | -14.2M |
| Net Margin % | -353.92% | -320.36% | -172.28% | -107.59% | -107.72% | -175.04% | -279.5% | -88.09% | -52.44% | -104.27% | -71.99% | -128.04% | -50.93% | -89.58% | -94.86% | -61.16% | -126.04% | -96.98% | -242.03% | -294.46% |
| Net Income Growth % | -29.64% | -92.03% | -12.83% | -137.32% | -81.12% | 31.98% | -58.56% | 69.01% | 10.88% | -33.32% | 30.1% | -248.81% | 49.13% | -10.57% | 38.08% | 60.55% | 39.69% | 20.11% | -64.47% | -10.08% |
| Net Income (Continuing) | -10.88M | -13.38M | -10.75M | -14.37M | -8.39M | -6.96M | -9.53M | -5.89M | -4.47M | -10.07M | -5.83M | -19.34M | -5.02M | -7.49M | -8.4M | -5.39M | -10.02M | -6.74M | -13.68M | -14.02M |
| 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 | 21.64M | 21.62M | 22.64M | 22.36M | 21.5M | 22.66M | 23.73M | 23.46M | 22.91M | 22.7M | 22.16M | 22.03M |
| EPS (Diluted) | -0.68 | -0.86 | -0.69 | -0.93 | -0.55 | -0.52 | -0.71 | -0.45 | -0.35 | -0.77 | -0.45 | -1.45 | -0.38 | -0.56 | -0.62 | -0.41 | -0.73 | -0.50 | -1.11 | -1.21 |
| EPS Growth % | -23.64% | -65.38% | 2.82% | -106.67% | -57.14% | 32.47% | -57.78% | 68.97% | 7.89% | -37.5% | 27.42% | -253.66% | 47.95% | -12% | 44.14% | 66.12% | 49.31% | 41.86% | -30.59% | 9.7% |
| EPS (Basic) | -0.68 | -0.86 | -0.69 | -0.93 | -0.55 | -0.52 | -0.71 | -0.45 | -0.35 | -0.77 | -0.45 | -1.45 | -0.38 | -0.56 | -0.62 | -0.41 | -0.73 | -0.50 | -1.11 | -1.21 |
| Diluted Shares Outstanding | 16.05M | 15.51M | 15.49M | 15.49M | 15.29M | 13.52M | 13.38M | 13.38M | 13.38M | 13.34M | 13.34M | 13.46M | 13.61M | 13.61M | 13.8M | 13.8M | 13.98M | 13.98M | 12.48M | 11.76M |
| Basic Shares Outstanding | 16.05M | 15.51M | 15.49M | 15.49M | 15.29M | 13.52M | 13.38M | 13.38M | 13.38M | 13.34M | 13.34M | 13.46M | 13.61M | 13.61M | 13.8M | 13.8M | 13.98M | 13.89M | 12.48M | 11.76M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |