Company research / ADMA

ADMA Biologics, Inc. (ADMA)

SEC name ADMA BIOLOGICS, INC. · CIK 0001368514 · Nasdaq · Biological Products, (No Diagnostic Substances)

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, ADMA Biologics, Inc. reported revenue of $510.17M. Revenue grew 19.6% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $512.27M.

Key ratios (year ended 2025-12-31)

57.4%
Gross margin
37.5%
Operating margin
28.8%
Net margin
30.8%
Return on year-end equity
19.6%
Revenue growth (YoY)

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Latest selected filing: Form 10-Q (quarterly report) · 2026-08-05

Headquarters locality: Ramsey · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$512.27M$510.17M$426.45M$258.21M$154.08M$80.94M$42.22M$29.35M$16.99M$22.76M$10.66M
Cost of Revenue$180.81M$217.41M$206.90M$169.27M$118.81M$79.77M$61.29M$39.50M$42.19M$29.16M$1.61M
Gross Profit$331.47M$292.76M$219.55M$88.94M$35.27M$1.17M-$19.07Mn/a-$25.21M-$6.40M$4.30M
R&D Expense$11.52M$4.76M$1.81M$3.30M$3.61M$3.65M$5.91M$2.34M$3.93M$5.57M$7.69M
Operating Income$224.48M$191.44M$138.98M$21.63M-$39.37M-$58.37M-$64.91M-$41.42M-$60.29M-$39.31M-$17.33M
Depreciation & Amortization$7.69M$8.10M$8.04M$8.33M$7.11M$5.50M$3.94M$3.26M$3.45M$2.69M$469.6K
EBITDA$232.17M$199.54M$147.03M$29.96M-$32.25M-$52.88M-$60.97M-$38.17M-$56.84M-$36.62M-$16.86M
Net Income$168.96M$146.93M$197.67M-$28.24M-$65.90M-$71.65M-$75.75M-$48.28M-$65.74M-$43.76M-$19.52M
EPS (Diluted)n/a$0.60$0.81-$0.13-$0.33-$0.51-$0.88n/an/an/an/a
Total Assets$684.21M$624.24M$488.68M$329.18M$348.46M$276.25M$207.67M$127.09M$88.88M$108.02M$23.69M
Total Liabilities$276.00M$146.92M$139.66M$193.98M$196.49M$135.08M$119.42M$100.90M$69.11M$67.69M$28.14M
Long-Term Debt$196.59M$72.14M$72.34Mn/an/an/an/a$0$2.76M$2.76M$1.79M
Shareholders' Equity$408.21M$477.32M$349.02M$135.21M$151.97M$141.17M$88.25M$26.19M$19.77M$40.33M-$4.46M
Cash & Equivalents$136.02M$87.63M$103.15M$51.35M$86.52M$51.09M$55.92M$26.75M$22.75M$43.11M$9.91M
Operating Cash Flow$136.72M$50.40M$118.67M$8.80M-$59.51M-$112.37M-$102.00M-$76.19M-$62.68M-$37.27M-$18.27M
Capital Expenditures$20.25M$22.57M$8.23M$4.77M$13.91M$13.51M$12.73M$3.81M$2.10M$2.68M$73.4K
Free Cash Flow$116.47M$27.82M$110.45M$4.03M-$73.42M-$125.88M-$114.73M-$80.01M-$64.77M-$39.95M-$18.34M
Share Repurchases$187.19M$31.94M$0$0n/an/an/an/an/an/an/a
Shares Outstanding225.36M237.87M236.62M226.06M221.82M195.81M104.90M59.32M46.35M36.73M12.89M
Weighted Average Diluted Sharesn/a244.90M243.34M223.98M197.87M139.58M86.15Mn/an/an/an/a
EPS (Basic)n/a$0.62$0.85-$0.13-$0.33-$0.51-$0.88n/an/an/an/a

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