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Protalix BioTherapeutics, Inc. (PLX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Protalix BioTherapeutics, Inc. (PLX) stock price & volume — 10-year historical chart
Protalix BioTherapeutics, Inc. (PLX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Protalix BioTherapeutics, Inc. (PLX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 18, 2026 | $0.07vs $0.01-800.0% | $9Mvs $18M-50.1% |
| Q4 2025 | Nov 13, 2025 | $0.03vs $0.06-50.0% | $18Mvs $14M+25.3% |
| Q3 2025 | Aug 14, 2025 | $0.00vs $0.03-93.3% | $16Mvs $13M+16.1% |
| Q2 2025 | May 9, 2025 | $0.05vs $0.08-162.5% | $10Mvs $23M-56.2% |
Protalix BioTherapeutics, Inc. (PLX) competitors in Commercial Rare Disease Biopharma — business model, growth, and fundamentals comparison
Protalix BioTherapeutics, Inc. (PLX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Protalix BioTherapeutics, Inc. (PLX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 21.08M | 34.24M | 54.69M | 62.9M | 38.35M | 47.64M | 65.49M | 53.4M | 52.74M |
| Revenue Growth % | 129.13% | 62.44% | 59.73% | 15% | -39.03% | 24.22% | 37.48% | -18.47% | -1.23% |
| Cost of Goods Sold | 15.23M | 9.3M | 10.89M | 10.87M | 16.35M | 19.59M | 22.98M | 24.32M | 26.99M |
| COGS % of Revenue | 72.26% | 27.17% | 19.92% | 17.29% | 42.63% | 41.13% | 35.09% | 45.54% | 51.18% |
| Gross Profit | 5.85M▲ 0% | 24.94M▲ 326.5% | 43.8M▲ 75.6% | 52.02M▲ 18.8% | 22M▼ 57.7% | 28.05M▲ 27.5% | 42.51M▲ 51.6% | 29.08M▼ 31.6% | 25.75M▼ 11.4% |
| Gross Margin % | 27.74% | 72.83% | 80.08% | 82.71% | 57.37% | 58.87% | 64.91% | 54.46% | 48.82% |
| Gross Profit Growth % | 629.96% | 326.51% | 75.63% | 18.78% | -57.71% | 27.48% | 51.58% | -31.6% | -11.45% |
| Operating Expenses | 40.36M | 44.25M | 54.52M | 49.31M | 42.46M | 41.06M | 32.05M | 25.16M | 31.25M |
| OpEx % of Revenue | 191.5% | 129.22% | 99.67% | 78.4% | 110.72% | 86.19% | 48.94% | 47.12% | 59.25% |
| Selling, General & Admin | 11.53M | 10.92M | 9.9M | 11.15M | 12.73M | 11.71M | 14.96M | 12.19M | 11.68M |
| SG&A % of Revenue | 54.7% | 31.88% | 18.1% | 17.72% | 33.19% | 24.58% | 22.84% | 22.83% | 22.15% |
| Research & Development | 28.83M | 33.33M | 44.62M | 38.17M | 29.73M | 29.35M | 17.09M | 12.97M | 19.57M |
| R&D % of Revenue | 136.8% | 97.34% | 81.58% | 60.68% | 77.53% | 61.61% | 26.1% | 24.29% | 37.1% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -34.52M▲ 0% | -19.31M▲ 44.1% | -10.72M▲ 44.5% | 2.71M▲ 125.3% | -20.46M▼ 855.1% | -13.01M▲ 36.4% | 10.46M▲ 180.4% | 3.92M▼ 62.6% | -5.5M▼ 240.4% |
| Operating Margin % | -163.76% | -56.39% | -19.59% | 4.31% | -53.36% | -27.32% | 15.97% | 7.34% | -10.43% |
| Operating Income Growth % | -4.08% | 44.06% | 44.49% | 125.29% | -855.06% | 36.4% | 180.38% | -62.55% | -240.41% |
| EBITDA | -32.6M | -17.64M | -9.1M | 4.01M | -19.34M | -11.93M | 11.65M | 5.22M | -4.04M |
| EBITDA Margin % | -154.65% | -51.51% | -16.64% | 6.38% | -50.44% | -25.04% | 17.79% | 9.78% | -7.65% |
| EBITDA Growth % | -4.54% | 45.89% | 48.4% | 144.09% | -582.15% | 38.34% | 197.68% | -55.19% | -177.28% |
| D&A (Non-Cash Add-back) | 1.92M | 1.67M | 1.62M | 1.3M | 1.12M | 1.09M | 1.19M | 1.3M | 1.47M |
| EBIT | -73.72M | -18.77M | -10.31M | 3.15M | -20.06M | -11.87M | 11.75M | 5.22M | -5.5M |
| Net Interest Income | -9.54M | -7.15M | -7.56M | -9.23M | -7.12M | -1.38M | -1.89M | 237K | -108K |
| Interest Income | 188K | 536K | 407K | 438K | 401K | 1.15M | 1.29M | 1.3M | 1.08M |
| Interest Expense | 9.72M | 7.68M | 7.97M | 9.67M | 7.52M | 2.53M | 3.18M | 1.06M | 1.19M |
| Other Income/Expense | -48.92M | -7.15M | -7.56M | -9.23M | -7.12M | -1.38M | -1.89M | 237K | -108K |
| Pretax Income | -83.44M▲ 0% | -26.46M▲ 68.3% | -18.28M▲ 30.9% | -6.52M▲ 64.3% | -27.58M▼ 322.8% | -14.4M▲ 47.8% | 8.57M▲ 159.5% | 4.15M▼ 51.5% | -5.61M▼ 235.0% |
| Pretax Margin % | -395.86% | -77.27% | -33.42% | -10.37% | -71.92% | -30.22% | 13.08% | 7.78% | -10.63% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 530K | 254K | 1.22M | 996K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -3.68% | 2.97% | 29.42% | -17.76% |
| Net Income | -83.44M▲ 0% | -26.46M▲ 68.3% | -18.28M▲ 30.9% | -6.52M▲ 64.3% | -27.58M▼ 322.8% | -14.93M▲ 45.9% | 8.31M▲ 155.7% | 2.93M▼ 64.7% | -6.6M▼ 325.2% |
| Net Margin % | -395.86% | -77.27% | -33.42% | -10.37% | -71.92% | -31.33% | 12.69% | 5.49% | -12.52% |
| Net Income Growth % | -184.15% | 68.29% | 30.92% | 64.31% | -322.84% | 45.88% | 155.68% | -64.73% | -325.24% |
| Net Income (Continuing) | -83.44M | -26.46M | -18.28M | -6.52M | -27.58M | -14.93M | 8.31M | 2.93M | -6.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -6.50▲ 0% | -1.80▲ 72.3% | -1.23▲ 31.7% | -0.22▲ 82.1% | -0.62▼ 181.8% | -0.31▲ 50.0% | 0.10▲ 132.3% | 0.04▼ 63.4% | -0.08▼ 329.8% |
| EPS Growth % | -2141.38% | 72.31% | 31.67% | 82.11% | -181.82% | 50% | 132.26% | -63.4% | -329.78% |
| EPS (Basic) | -6.50 | -1.80 | -1.23 | -0.22 | -0.62 | -0.31 | 0.12 | 0.04 | -0.08 |
| Diluted Shares Outstanding | 13.11M | 14.71M | 14.84M | 29.15M | 44.14M | 48.47M | 82.42M | 81.06M | 78.55M |
| Basic Shares Outstanding | 13.11M | 14.71M | 14.84M | 29.15M | 44.14M | 48.47M | 67.51M | 72.53M | 78.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Protalix BioTherapeutics, Inc. (PLX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 62.65M | 52.98M | 32.48M | 55.72M | 61.67M | 44.88M | 69.93M | 60.08M | 66.67M |
| Cash & Short-Term Investments | 51.16M | 37.81M | 17.79M | 38.55M | 38.98M | 22.18M | 44.56M | 34.83M | 14.68M |
| Cash Only | 51.16M | 37.81M | 17.79M | 18.27M | 38.98M | 17.11M | 23.63M | 19.76M | 14.68M |
| Short-Term Investments | 0 | 0 | 0 | 20.28M | 0 | 5.07M | 20.93M | 15.07M | 15.59M |
| Accounts Receivable | 1.72M | 4.73M | 4.7M | 2M | 3.44M | 4.59M | 5.27M | 2.91M | 8.84M |
| Days Sales Outstanding | 29.8 | 50.41 | 31.37 | 11.61 | 32.76 | 35.14 | 29.38 | 19.88 | 61.17 |
| Inventory | 7.83M | 8.57M | 8.15M | 13.08M | 17.95M | 16.8M | 19.05M | 21.24M | 25.73M |
| Days Inventory Outstanding | 187.71 | 336.24 | 273.21 | 439.15 | 400.83 | 313.06 | 302.47 | 318.83 | 347.91 |
| Other Current Assets | 1.5M | 1.42M | 1.52M | 1.25M | 380K | 536K | 611K | 596K | 17.42M |
| Total Non-Current Assets | 9.56M | 8.15M | 12.91M | 12.21M | 12M | 10.91M | 14.5M | 13.34M | 15.67M |
| Property, Plant & Equipment | 7.68M | 6.39M | 10.95M | 10.41M | 9.92M | 9.64M | 10.88M | 10.02M | 12.58M |
| Fixed Asset Turnover | 2.75x | 5.36x | 4.99x | 6.04x | 3.87x | 4.94x | 6.02x | 5.33x | 4.19x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.89M | 1.76M | 1.96M | 1.8M | 2.08M | 1.27M | 528K | 462K | 578K |
| Total Assets | 72.21M▲ 0% | 61.13M▼ 15.3% | 45.39M▼ 25.7% | 67.93M▲ 49.7% | 73.67M▲ 8.4% | 55.79M▼ 24.3% | 84.43M▲ 51.4% | 73.42M▼ 13.0% | 82.35M▲ 12.2% |
| Asset Turnover | 0.29x | 0.56x | 1.20x | 0.93x | 0.52x | 0.85x | 0.78x | 0.73x | 0.64x |
| Asset Growth % | -12.2% | -15.35% | -25.75% | 49.66% | 8.44% | -24.27% | 51.35% | -13.05% | 12.16% |
| Total Current Liabilities | 22.75M | 25.35M | 40.17M | 86.47M | 33.18M | 32.43M | 45.53M | 25.62M | 26.52M |
| Accounts Payable | 7.52M | 5.21M | 6.5M | 7.22M | 6.99M | 5.86M | 4.32M | 4.53M | 5.26M |
| Days Payables Outstanding | 180.24 | 204.47 | 217.59 | 242.4 | 155.97 | 109.21 | 68.61 | 68.04 | 71.11 |
| Short-Term Debt | 5.92M | 0 | 4.3M | 58.51M | 0 | 0 | 21.66M | 0 | 1.38M |
| Deferred Revenue (Current) | 26.85M | 9.87M | 16.34M | 5.39M | 8.55M | 13.18M | 0 | 0 | 0 |
| Other Current Liabilities | 526K | 9.18M | 1.75M | 1.53M | 1.51M | 11.05M | 4.94M | 1.81M | 16.93M |
| Current Ratio | 2.75x | 2.09x | 0.81x | 0.64x | 1.86x | 1.38x | 1.54x | 2.34x | 2.51x |
| Quick Ratio | 2.41x | 1.75x | 0.61x | 0.49x | 1.32x | 0.87x | 1.12x | 1.52x | 1.54x |
| Cash Conversion Cycle | 37.28 | 182.18 | 86.98 | 208.36 | 277.63 | 238.99 | 263.24 | 270.68 | 337.97 |
| Total Non-Current Liabilities | 80.75M | 88.66M | 75.54M | 8.5M | 46.52M | 34M | 5.33M | 4.58M | 7.6M |
| Long-Term Debt | 46.27M | 47.97M | 50.96M | 0 | 27.89M | 28.19M | 0 | 0 | 6.94M |
| Capital Lease Obligations | 0 | 0 | 4.53M | 4.47M | 4.38M | 4.17M | 4.62M | 4.03M | 6.94M |
| Deferred Tax Liabilities | 2.59M | 2.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.64M | 7.67M | 3.07M | 2.31M | 2.47M | 1.64M | 714K | 559K | 661K |
| Total Liabilities | 103.51M | 114.01M | 115.71M | 94.97M | 79.7M | 66.43M | 50.87M | 30.21M | 34.12M |
| Total Debt | 52.19M | 47.97M | 60.92M | 64.4M | 33.47M | 33.47M | 27.69M | 5.53M | 8.32M |
| Net Debt | 1.02M | 10.16M | 43.13M | 46.13M | -5.51M | 16.36M | 4.06M | -14.23M | -6.36M |
| Debt / Equity | - | - | - | - | - | - | 0.82x | 0.13x | 0.17x |
| Debt / EBITDA | - | - | - | 16.05x | - | - | 2.38x | 1.06x | - |
| Net Debt / EBITDA | - | - | - | 11.50x | - | - | 0.35x | -2.73x | - |
| Interest Coverage | -3.55x | -2.51x | -1.35x | 0.28x | -2.72x | -5.15x | 3.29x | 3.69x | -4.62x |
| Total Equity | -31.29M▲ 0% | -52.88M▼ 69.0% | -70.32M▼ 33.0% | -27.04M▲ 61.6% | -6.04M▲ 77.7% | -10.64M▼ 76.3% | 33.57M▲ 415.5% | 43.21M▲ 28.7% | 48.23M▲ 11.6% |
| Equity Growth % | -214.28% | -68.99% | -32.98% | 61.55% | 77.68% | -76.28% | 415.5% | 28.72% | 11.62% |
| Book Value per Share | -2.39 | -3.59 | -4.74 | -0.93 | -0.14 | -0.22 | 0.41 | 0.53 | 0.61 |
| Total Shareholders' Equity | -31.29M | -52.88M | -70.32M | -27.04M | -6.04M | -10.64M | 33.57M | 43.21M | 48.23M |
| Common Stock | 144K | 148K | 15K | 35K | 46K | 54K | 73K | 76K | 80K |
| Retained Earnings | -297.93M | -322.55M | -340.83M | -347.35M | -374.93M | -389.86M | -381.55M | -378.39M | -385M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -27.46M | -29.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Protalix BioTherapeutics, Inc. (PLX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -9.99M | -7.74M | -19.36M | -26.11M | -10.29M | -25M | -1.32M | 8.67M | -11.99M |
| Operating CF Margin % | -47.41% | -22.61% | -35.39% | -41.51% | -26.82% | -52.48% | -2.01% | 16.24% | -22.74% |
| Operating CF Growth % | 68.86% | 22.53% | -150.04% | -34.86% | 60.6% | -143.07% | 94.73% | 758.12% | -238.26% |
| Net Income | -85.28M | -26.46M | -18.28M | -6.52M | -27.58M | -14.93M | 8.31M | 2.93M | -6.6M |
| Depreciation & Amortization | 1.92M | 1.67M | 1.62M | 1.3M | 1.12M | 1.09M | 1.19M | 1.3M | 0 |
| Stock-Based Compensation | 337K | 514K | 835K | 3.13M | 2.38M | 2.08M | 3.45M | 3.25M | 0 |
| Deferred Taxes | 39.35M | -64K | -68K | 0 | 0 | 0 | -3.09M | 236K | 0 |
| Other Non-Cash Items | 4.57M | 3.07M | 3.37M | 3.12M | 3.9M | -1.23M | -638K | 138K | 4.71M |
| Working Capital Changes | 29.1M | 13.53M | -6.83M | -27.13M | 9.9M | -12.02M | -10.54M | 811K | -10.1M |
| Change in Receivables | 25K | -3.1M | 188K | 2.09M | -1.03M | -1.19M | -428K | 2.32M | 0 |
| Change in Inventory | -2.59M | -736K | 414K | -4.93M | -4.87M | 1.15M | -2.24M | -2.2M | -4.49M |
| Change in Payables | 4.9M | -520K | 2.14M | 0 | 0 | 0 | 0 | 0 | 292K |
| Cash from Investing | -1.12M | -591K | -883K | -19.95M | 18.92M | -5.04M | -16.71M | 4.22M | -2.37M |
| Capital Expenditures | -971K | -686K | -627K | -655K | -1.46M | -628K | -1.15M | -1.28M | 0 |
| CapEx % of Revenue | 4.61% | 2% | 1.15% | 1.04% | 3.8% | 1.32% | 1.75% | 2.4% | 3.11% |
| Acquisitions | 3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -148K | 95K | -256K | 703K | 380K | 593K | -142K | 83K | -2.37M |
| Cash from Financing | -1.42M | -4.75M | 0 | 46.47M | 12.08M | 8.24M | 24.67M | -16.79M | 9.33M |
| Debt Issued (Net) | -1.42M | -4.75M | 0 | -215K | -34.12M | 0 | 0 | -20.42M | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 472K | 0 | 2K | 712K | 0 | 0 |
| Net Change in Cash | -12.12M▲ 0% | -13.36M▼ 10.2% | -20.02M▼ 49.9% | 473K▲ 102.4% | 20.72M▲ 4280.5% | -21.87M▼ 205.6% | 6.52M▲ 129.8% | -3.87M▼ 159.4% | -4.38M▼ 13.0% |
| Free Cash Flow | -10.96M▲ 0% | -8.43M▲ 23.1% | -19.98M▼ 137.1% | -26.76M▼ 33.9% | -11.74M▲ 56.1% | -25.63M▼ 118.2% | -2.47M▲ 90.4% | 7.39M▲ 399.6% | -11.99M▼ 262.2% |
| FCF Margin % | -52.02% | -24.61% | -36.54% | -42.55% | -30.62% | -53.8% | -3.77% | 13.84% | -22.74% |
| FCF Growth % | 66.72% | 23.14% | -137.13% | -33.91% | 56.12% | -118.22% | 90.37% | 399.64% | -262.24% |
| FCF per Share | -0.84 | -0.57 | -1.35 | -0.92 | -0.27 | -0.53 | -0.03 | 0.09 | -0.15 |
| FCF Conversion (FCF/Net Income) | 0.12x | 0.29x | 1.06x | 4.00x | 0.37x | 1.67x | -0.16x | 2.96x | 1.82x |
| Interest Paid | 0 | 0 | 0 | 4.34M | 3.41M | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Protalix BioTherapeutics, Inc. (PLX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -6411.57% | - | - | - | - | - | - | 72.5% | 7.64% | -14.44% |
| Return on Invested Capital (ROIC) | -457.46% | - | - | - | - | -406.69% | -170.55% | 36.2% | 8.82% | -11.64% |
| Gross Margin | 8.71% | 27.74% | 72.83% | 80.08% | 82.71% | 57.37% | 58.87% | 64.91% | 54.46% | 48.82% |
| Net Margin | -319.22% | -395.86% | -77.27% | -33.42% | -10.37% | -71.92% | -31.33% | 12.69% | 5.49% | -12.52% |
| Debt / Equity | - | - | - | - | - | - | - | 0.82x | 0.13x | 0.17x |
| Interest Coverage | -7.91x | -3.55x | -2.51x | -1.35x | 0.28x | -2.72x | -5.15x | 3.29x | 3.69x | -4.62x |
| FCF Conversion | 1.09x | 0.12x | 0.29x | 1.06x | 4.00x | 0.37x | 1.67x | -0.16x | 2.96x | 1.82x |
| Revenue Growth | 110.79% | 129.13% | 62.44% | 59.73% | 15% | -39.03% | 24.22% | 37.48% | -18.47% | -1.23% |
Protalix BioTherapeutics, Inc. (PLX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 18, 2026·SEC
Mar 9, 2026·SEC
Feb 11, 2026·SEC
Protalix BioTherapeutics, Inc. (PLX) stock FAQ — growth, dividends, profitability & financials explained
Protalix BioTherapeutics, Inc. (PLX) reported $52.7M in revenue for fiscal year 2025.
Protalix BioTherapeutics, Inc. (PLX) saw revenue decline by 1.2% over the past year.
Protalix BioTherapeutics, Inc. (PLX) reported a net loss of $6.6M for fiscal year 2025.
Protalix BioTherapeutics, Inc. (PLX) has a return on equity (ROE) of -14.4%. Negative ROE indicates the company is unprofitable.
Protalix BioTherapeutics, Inc. (PLX) had negative free cash flow of $12.0M in fiscal year 2025, likely due to heavy capital investments.
Protalix BioTherapeutics, Inc. (PLX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates