Emergent BioSolutions Inc. (EBS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | 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 |
|---|
| Sales/Revenue | 156.1M | 148.7M | 231.1M | 140.9M | 222.2M | 194.7M | 293.8M | 254.7M | 300.4M | 276.6M | 270.5M | 337.9M | 164.3M | 330.2M | 239.9M | 239.9M | 307.5M | 723.2M | 329M | 397.5M |
| Revenue Growth % | -29.75% | -23.63% | -21.34% | -44.68% | -26.03% | -29.61% | 8.61% | -24.62% | 82.84% | -16.23% | 12.76% | 40.85% | -46.57% | -54.34% | -27.08% | -39.65% | -10.35% | 24.05% | -14.59% | 0.71% |
| Cost of Goods Sold | 88.5M | 102.1M | 102M | 83.4M | 105.7M | 58.2M | 129.6M | 320.2M | 159.6M | 107.4M | 178.1M | 214.5M | 188.6M | 215.9M | 188.8M | 220.9M | 201.8M | 295.6M | 266.2M | 276.7M |
| COGS % of Revenue | 56.69% | 68.66% | 44.14% | 59.19% | 47.57% | 29.89% | 44.11% | 125.72% | 53.13% | 38.83% | 65.84% | 63.48% | 114.79% | 65.38% | 78.7% | 92.08% | 65.63% | 40.87% | 80.91% | 69.61% |
| Gross Profit | 67.6M | 46.6M | 129.1M | 57.5M | 116.5M | 136.5M | 164.2M | -65.5M | 140.8M | 169.2M | 92.4M | 123.4M | -24.3M | 114.3M | 51.1M | 19M | 105.7M | 427.6M | 62.8M | 120.8M |
| Gross Margin % | 43.31% | 31.34% | 55.86% | 40.81% | 52.43% | 70.11% | 55.89% | -25.72% | 46.87% | 61.17% | 34.16% | 36.52% | -14.79% | 34.62% | 21.3% | 7.92% | 34.37% | 59.13% | 19.09% | 30.39% |
| Gross Profit Growth % | -41.97% | -65.86% | -21.38% | 187.79% | -17.26% | -19.33% | 77.71% | -153.08% | 679.42% | 48.03% | 80.82% | 549.47% | -122.99% | -73.27% | -18.63% | -84.27% | -45.03% | 20.25% | -65.27% | -44.33% |
| Operating Expenses | 57.1M | 63.2M | 52.3M | 57M | 67.9M | 146M | 99.7M | 138M | 101M | 213M | 334.5M | 416.3M | 123.3M | 169.6M | 96.4M | 94.8M | 99.3M | 150.2M | 97.5M | 106.3M |
| OpEx % of Revenue | 36.58% | 42.5% | 22.63% | 40.45% | 30.56% | 74.99% | 33.93% | 54.18% | 33.62% | 77.01% | 123.66% | 123.2% | 75.05% | 51.36% | 40.18% | 39.52% | 32.29% | 20.77% | 29.64% | 26.74% |
| Selling, General & Admin | 46.6M | 51.1M | 38.8M | 44M | 52.7M | 60.7M | 75.9M | 77.3M | 84.8M | 89.4M | 79.7M | 91.3M | 96.3M | 93.4M | 81.8M | 79.5M | 84.8M | 94.2M | 82.1M | 91.2M |
| SG&A % of Revenue | 29.85% | 34.36% | 16.79% | 31.23% | 23.72% | 31.18% | 25.83% | 30.35% | 28.23% | 32.32% | 29.46% | 27.02% | 58.61% | 28.29% | 34.1% | 33.14% | 27.58% | 13.03% | 24.95% | 22.94% |
| Research & Development | 10.5M | 12.1M | 13.5M | 13M | 15.2M | 9.1M | 13.8M | 32.7M | 15.1M | 29.4M | 15.3M | 26M | 40.7M | 47M | 42.2M | 52.7M | 46.4M | 83M | 49.6M | 48.9M |
| R&D % of Revenue | 6.73% | 8.14% | 5.84% | 9.23% | 6.84% | 4.67% | 4.7% | 12.84% | 5.03% | 10.63% | 5.66% | 7.69% | 24.77% | 14.23% | 17.59% | 21.97% | 15.09% | 11.48% | 15.08% | 12.3% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | 10.5M | -16.6M | 76.8M | 500K | 48.6M | -9.5M | 64.5M | -203.5M | 39.8M | -43.8M | -242.1M | -292.9M | -147.6M | -55.3M | -45.3M | -75.8M | 6.4M | 277.4M | -34.7M | 14.5M |
| Operating Margin % | 6.73% | -11.16% | 33.23% | 0.35% | 21.87% | -4.88% | 21.95% | -79.9% | 13.25% | -15.84% | -89.5% | -86.68% | -89.84% | -16.75% | -18.88% | -31.6% | 2.08% | 38.36% | -10.55% | 3.65% |
| Operating Income Growth % | -78.4% | -74.74% | 19.07% | 100.25% | 22.11% | 78.31% | 126.64% | 30.52% | 126.96% | 20.8% | -434.44% | -286.41% | -2406.25% | -119.94% | -30.55% | -622.76% | -93.29% | 7.48% | -156.61% | -88.49% |
| EBITDA | 34.6M | 6.9M | 100.6M | 24.5M | 74.6M | 15.8M | 90.2M | -175.9M | 66.8M | -15.1M | -215.2M | -260.9M | -114.1M | -33.7M | -1.8M | -45.4M | 35.9M | 305.2M | -3.4M | 46.2M |
| EBITDA Margin % | 22.17% | 4.64% | 43.53% | 17.39% | 33.57% | 8.12% | 30.7% | -69.06% | 22.24% | -5.46% | -79.56% | -77.21% | -69.45% | -10.21% | -0.75% | -18.92% | 11.67% | 42.2% | -1.03% | 11.62% |
| EBITDA Growth % | -53.62% | -56.33% | 11.53% | 113.93% | 11.68% | 204.64% | 141.91% | 32.58% | 158.55% | 55.19% | -11855.56% | -474.67% | -417.83% | -111.04% | 47.06% | -198.27% | -70.77% | 6.83% | -103.82% | -69.92% |
| D&A (Non-Cash Add-back) | 24.1M | 23.5M | 23.8M | 24M | 26M | 25.3M | 25.7M | 27.6M | 27M | 28.7M | 26.9M | 32M | 33.5M | 21.6M | 43.5M | 30.4M | 29.5M | 27.8M | 31.3M | 31.7M |
| EBIT | 24.4M | -36M | 72.8M | -2.1M | 107.4M | -4.3M | 72M | -159.1M | 36.4M | -42.2M | -3.6M | 16M | -137.6M | 3M | -44.7M | -74.5M | 6.9M | 319.4M | -33.8M | 15.8M |
| Net Interest Income | -11M | -14.7M | -15.2M | -14.7M | -14.7M | -14.8M | -8.3M | -23.6M | -24.3M | -21.7M | -19.7M | -28.6M | -17.9M | -12.8M | -8.5M | -7.8M | -8.2M | -9M | -8.4M | -8.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 11M | 14.7M | 15.2M | 14.7M | 14.7M | 14.8M | 8.3M | 23.6M | 24.3M | 22.2M | 19.7M | 28.6M | 17.9M | 12.8M | 8.5M | 7.8M | 8.2M | 9M | 8.4M | 8.6M |
| Other Income/Expense | 2.9M | -34.1M | -19.2M | -17.3M | 44.1M | -18.1M | 77.9M | -66.3M | -27.7M | -10.7M | -23.8M | 42.7M | -13M | -6.1M | -21.9M | -10.8M | -10.2M | -9.9M | -10.8M | -7.3M |
| Pretax Income | 13.4M | -50.7M | 57.6M | -16.8M | 92.7M | -27.6M | 142.4M | -269.8M | 12.1M | -54.5M | -265.9M | -250.2M | -160.6M | -61.4M | -67.2M | -86.6M | -3.8M | 267.5M | -45.5M | 7.2M |
| Pretax Margin % | 8.58% | -34.1% | 24.92% | -11.92% | 41.72% | -14.18% | 48.47% | -105.93% | 4.03% | -19.7% | -98.3% | -74.05% | -97.75% | -18.59% | -28.01% | -36.1% | -1.24% | 36.99% | -13.83% | 1.81% |
| Income Tax | 6.6M | 3.9M | 6.4M | -4.8M | 24.7M | 3.7M | 27.6M | 13.3M | 3.1M | -5M | -2.5M | 11.2M | 25.6M | 5.6M | 19.9M | -32.8M | -100K | 78.2M | -12.8M | 2.6M |
| Effective Tax Rate % | 49.25% | -7.69% | 11.11% | 28.57% | 26.65% | -13.41% | 19.38% | -4.93% | 25.62% | 9.17% | 0.94% | -4.48% | -15.94% | -9.12% | -29.61% | 37.88% | 2.63% | 29.23% | 28.13% | 36.11% |
| Net Income | 6.8M | -54.6M | 51.2M | -12M | 68M | -31.3M | 114.8M | -283.1M | 9M | -49.5M | -263.4M | -261.4M | -186.2M | -67M | -87.1M | -53.8M | -3.7M | 189.3M | -32.7M | 4.6M |
| Net Margin % | 4.36% | -36.72% | 22.15% | -8.52% | 30.6% | -16.08% | 39.07% | -111.15% | 3% | -17.9% | -97.38% | -77.36% | -113.33% | -20.29% | -36.31% | -22.43% | -1.2% | 26.18% | -9.94% | 1.16% |
| Net Income Growth % | -90% | -74.44% | -55.4% | 95.76% | 655.56% | 36.77% | 143.58% | -8.3% | 104.83% | 26.12% | -202.41% | -385.87% | -4932.43% | -135.39% | -166.36% | -1269.57% | -105.31% | 2.1% | -182.78% | -95.04% |
| Net Income (Continuing) | 6.8M | -54.6M | 51.2M | -12M | 68M | -31.3M | 114.8M | -283.1M | 9M | -49.5M | -263.4M | -261.4M | -186.2M | -67M | -87.1M | -53.8M | -3.7M | 189.3M | -32.7M | 4.6M |
| 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) | 0.07 | -1.04 | 0.91 | -0.22 | 1.19 | -0.59 | 2.06 | -5.38 | 0.17 | -0.95 | -5.13 | -5.15 | -3.65 | -1.76 | -1.52 | -1.13 | -0.07 | 3.50 | -0.61 | 0.09 |
| EPS Growth % | -93.76% | -76.27% | -55.83% | 95.91% | 600% | 37.89% | 140.16% | -4.47% | 104.66% | 46.02% | -237.5% | -355.75% | -4900% | -150.29% | -149.18% | -1355.56% | -105.7% | 1.74% | -183.56% | -94.8% |
| EPS (Basic) | 0.13 | -1.04 | 0.96 | -0.22 | 1.25 | -0.59 | 2.16 | -5.38 | 0.17 | -0.95 | -5.13 | -5.15 | -3.65 | -1.76 | -1.52 | -1.13 | -0.07 | 3.54 | -0.61 | 0.09 |
| Diluted Shares Outstanding | 56.5M | 52.4M | 56.5M | 54.2M | 57.3M | 54.2M | 55.6M | 52.6M | 52.2M | 51.9M | 51.8M | 50.7M | 50.2M | 49.9M | 49.9M | 50M | 50.7M | 53.5M | 53.7M | 54M |
| Basic Shares Outstanding | 51.9M | 52.4M | 53.2M | 54.2M | 54.4M | 54.2M | 53.1M | 52.6M | 52.2M | 51.9M | 51.8M | 50.7M | 50.2M | 49.9M | 49.8M | 49.91M | 50.7M | 53.2M | 53.61M | 53.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |