Alvotech (ALVO) 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 | 105.86M | 166.36M | 113.95M | 173.24M | 132.76M | 151.21M | 102.89M | 198.75M | 36.85M | 53.39M | 17.79M | 4.42M | 15.86M | 23.86M | 19.05M | 39.67M | 452K | 34.76M | 0 | 1.18M |
| Revenue Growth % | -20.26% | 10.03% | 10.76% | -12.84% | 260.27% | 183.21% | 478.37% | 4399.73% | 132.3% | 123.78% | -6.63% | -88.86% | 3409.73% | -31.37% | - | 3267.23% | -61.63% | 108.74% | -100% | -92.93% |
| Cost of Goods Sold | 46.09M | 61.26M | 35.03M | 73.83M | 65.45M | 80.33M | 39.81M | 45.21M | 19.96M | 56.42M | 36.53M | 28.81M | 39.09M | 28.73M | 22.66M | 16.07M | 1.75M | 0 | 4.68M | 0 |
| COGS % of Revenue | 43.53% | 36.82% | 30.74% | 42.61% | 49.3% | 53.13% | 38.69% | 22.75% | 54.15% | 105.67% | 205.34% | 652.34% | 246.44% | 120.43% | 118.91% | 40.5% | 386.73% | - | - | - |
| Gross Profit | 59.78M | 105.11M | 78.92M | 99.41M | 67.32M | 70.88M | 63.08M | 153.54M | 16.89M | -3.03M | -18.74M | -24.4M | -23.23M | -4.88M | -3.6M | 23.6M | -1.3M | 34.76M | -4.68M | 1.18M |
| Gross Margin % | 56.47% | 63.18% | 69.26% | 57.39% | 50.7% | 46.87% | 61.31% | 77.25% | 45.85% | -5.67% | -105.34% | -552.34% | -146.44% | -20.43% | -18.91% | 59.5% | -286.73% | 100% | - | 100% |
| Gross Profit Growth % | -11.2% | 48.3% | 25.13% | -35.25% | 298.45% | 2439.88% | 436.6% | 729.35% | 172.73% | 37.87% | -420.09% | -203.37% | -1692.52% | -114.02% | 23.05% | 1903.48% | -210.02% | 108.74% | -128.11% | -92.93% |
| Operating Expenses | 50.18M | 56.9M | 77.56M | 81.36M | 56.74M | 57.4M | 50.35M | 61.68M | 65.31M | 76.02M | 69.87M | 68.4M | 73.04M | 75.91M | 58.52M | 154.92M | 70.97M | 20.23M | 71.46M | 88.38M |
| OpEx % of Revenue | 47.4% | 34.2% | 68.07% | 46.96% | 42.73% | 37.96% | 48.94% | 31.03% | 177.23% | 142.38% | 392.76% | 1548.65% | 460.43% | 318.19% | 307.15% | 390.56% | 15701.33% | 58.19% | - | 7502.67% |
| Selling, General & Admin | 25.67M | 19.65M | 25.95M | 26.74M | 18.61M | 15.02M | 16.88M | 14.07M | 15.49M | 18M | 16.65M | 19.71M | 22.2M | 30.22M | 17.37M | 114.97M | 24.17M | -22.17M | 19.94M | 42.6M |
| SG&A % of Revenue | 24.25% | 11.81% | 22.78% | 15.44% | 14.02% | 9.93% | 16.41% | 7.08% | 42.03% | 33.72% | 93.59% | 446.28% | 139.93% | 126.67% | 91.18% | 289.86% | 5348.01% | -63.77% | - | 3616.72% |
| Research & Development | 24.51M | 39.69M | 51.61M | 54.72M | 38.17M | 40.26M | 33.57M | 47.61M | 49.87M | 58.01M | 53.23M | 48.72M | 50.86M | 47.48M | 41.15M | 39.75M | 47.14M | 44.4M | 51.52M | 45.2M |
| R&D % of Revenue | 23.15% | 23.86% | 45.29% | 31.59% | 28.75% | 26.63% | 32.63% | 23.95% | 135.32% | 108.66% | 299.24% | 1102.97% | 320.63% | 199.02% | 215.97% | 100.2% | 10428.76% | 127.72% | - | 3837.14% |
| Other Operating Expenses | 0 | -1000K | 0 | -102K | -41K | 1000K | -103K | 0 | -42K | 0 | -11K | -26K | -19K | -1000K | 0 | 199K | -341K | -1000K | 0 | 575K |
| Operating Income | 9.59M | 48.21M | 1.36M | 18.06M | 10.58M | 13.47M | 12.73M | 91.87M | -48.42M | -79.04M | -88.61M | -92.83M | -96.27M | -80.79M | -62.13M | -131.32M | -72.27M | 14.53M | -76.15M | -87.2M |
| Operating Margin % | 9.06% | 28.98% | 1.19% | 10.42% | 7.97% | 8.91% | 12.37% | 46.22% | -131.39% | -148.05% | -498.1% | -2101.58% | -606.87% | -338.62% | -326.06% | -331.06% | -15988.05% | 41.81% | - | -7402.67% |
| Operating Income Growth % | -9.34% | 257.86% | -89.31% | -80.34% | 121.86% | 117.04% | 114.36% | 198.96% | 49.71% | 2.16% | -42.63% | 29.31% | -33.22% | -655.86% | 18.41% | -50.59% | 17.13% | 6276.01% | -11.11% | -153.61% |
| EBITDA | 19.88M | 58.62M | 3.69M | 26.95M | 18.84M | 21.63M | 21.12M | 99.42M | -41.23M | -72.32M | -82.06M | -86.73M | -91.43M | -75.46M | -57.02M | -126.03M | -67.58M | 19.12M | -71.46M | -84.68M |
| EBITDA Margin % | 18.78% | 35.24% | 3.23% | 15.56% | 14.19% | 14.3% | 20.53% | 50.02% | -111.88% | -135.45% | -461.27% | -1963.64% | -576.36% | -316.3% | -299.26% | -317.73% | -14950.22% | 55% | - | -7188.41% |
| EBITDA Growth % | 5.52% | 171.06% | -82.56% | -72.89% | 145.7% | 129.9% | 125.74% | 214.63% | 54.91% | 4.17% | -43.91% | 31.18% | -35.31% | -494.68% | 20.21% | -48.83% | 20.2% | 8224.66% | -10.92% | -179.66% |
| D&A (Non-Cash Add-back) | 10.29M | 10.41M | 2.32M | 8.9M | 8.26M | 8.15M | 8.4M | 7.56M | 7.19M | 6.72M | 6.55M | 6.09M | 4.84M | 5.33M | 5.11M | 5.29M | 4.69M | 4.59M | 4.68M | 2.52M |
| EBIT | 41.79M | -94.96M | 30.23M | 42.84M | 128.96M | -128.14M | 129.82M | -24.16M | -41.1M | -240.24M | -155.71M | 168.85M | -96.8M | -224.58M | 10.49M | -87.88M | -75.2M | 209.63M | -69.57M | -83.6M |
| Net Interest Income | -7.39M | -12.94M | -14.82M | -13.71M | 90.77M | 5.62M | -13.31M | 37.98M | -183.28M | -68.56M | -43.53M | 150.93M | -206.37M | -119.22M | 29.54M | -18.48M | -19.93M | -22.69M | -33.78M | -28.24M |
| Interest Income | 33.41M | 27.8M | 21.44M | 22.94M | 126.31M | -153.58M | 77.37M | 80.04M | 783K | 0 | 0 | 150.93M | 1.23M | 0 | 46.33M | 44K | 4K | 12K | 3K | 0 |
| Interest Expense | 40.81M | 40.74M | 36.26M | 36.65M | 35.54M | -159.2M | 90.68M | 42.05M | 184.06M | 68.56M | 43.53M | 0 | 207.6M | 119.22M | 16.79M | 18.53M | 19.94M | 22.71M | 33.78M | 28.24M |
| Other Income/Expense | -8.61M | -8.56M | -7.39M | -8.75M | 82.84M | -57.91M | -37.48M | -15.07M | -176.75M | -229.75M | -116.94M | 261.68M | -209.29M | -263.01M | 55.83M | 24.91M | -22.87M | 239.49M | -27.21M | -62.73M |
| Pretax Income | 986K | 39.65M | -6.03M | 9.31M | 93.42M | -44.44M | -24.75M | 76.8M | -225.17M | -308.8M | -205.54M | 168.85M | -305.56M | -343.8M | -6.3M | -106.41M | -95.14M | 254.02M | -103.35M | -149.93M |
| Pretax Margin % | 0.93% | 23.83% | -5.29% | 5.37% | 70.37% | -29.39% | -24.06% | 38.64% | -611% | -578.38% | -1155.44% | 3822.78% | -1926.12% | -1441.04% | -33.07% | -268.25% | -21048.23% | 730.7% | - | -12727.72% |
| Income Tax | -44K | 148.23M | -813K | -22.73M | -16.26M | 22.53M | -13.36M | 11.57M | -6.44M | -32.24M | -17.22M | -20.47M | -29.38M | -23.3M | 2.3M | 1.09M | -18.16M | 261K | -22.04M | -12.96M |
| Effective Tax Rate % | -4.46% | 373.86% | 13.48% | -244.12% | -17.4% | -50.69% | 53.97% | 15.07% | 2.86% | 10.44% | 8.38% | -12.13% | 9.62% | 6.78% | -36.54% | -1.02% | 19.09% | 0.1% | 21.32% | 8.64% |
| Net Income | 1.03M | -108.58M | -5.22M | 32.04M | 109.68M | -66.97M | -11.39M | 65.22M | -218.73M | -276.56M | -188.32M | 189.33M | -276.18M | -320.51M | -8.6M | -107.49M | -76.98M | 253.76M | -81.31M | -136.97M |
| Net Margin % | 0.97% | -65.27% | -4.58% | 18.49% | 82.61% | -44.29% | -11.07% | 32.82% | -593.53% | -517.99% | -1058.63% | 4286.3% | -1740.92% | -1343.39% | -45.15% | -270.99% | -17030.75% | 729.94% | - | -11627.63% |
| Net Income Growth % | -99.06% | -62.14% | 54.2% | -50.88% | 150.14% | 75.79% | 93.95% | -65.55% | 20.8% | 13.71% | -2089.26% | 276.13% | -258.77% | -226.3% | 89.42% | 21.52% | 43.8% | 2847.42% | -91.28% | -222.21% |
| Net Income (Continuing) | 1.03M | -108.58M | -5.22M | 32.04M | 109.68M | -66.97M | -11.39M | 65.22M | -218.73M | -276.56M | -188.32M | 189.33M | -276.18M | -320.51M | -8.6M | -107.49M | -76.98M | 253.76M | -81.31M | -136.97M |
| 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) | 0.00 | -0.43 | -0.02 | 0.10 | 0.35 | -0.22 | -0.04 | 0.25 | -0.82 | -1.04 | -0.70 | 0.83 | -1.05 | -1.29 | -0.04 | -0.54 | -0.32 | -0.13 | -2.60 | -0.01 |
| EPS Growth % | -99.11% | -95.45% | 57.25% | -60% | 142.68% | 78.85% | 94.19% | -69.88% | 21.9% | 19.38% | -1509.2% | 253.7% | -228.13% | -892.31% | 98.33% | - | -239.13% | 56.67% | -4861.83% | 95.76% |
| EPS (Basic) | 0.00 | -0.38 | -0.02 | 0.11 | 0.39 | -0.22 | -0.04 | 0.25 | -0.82 | -1.04 | -0.70 | 0.83 | -1.05 | -1.29 | -0.04 | -0.54 | -0.32 | -0.13 | -2.60 | -0.01 |
| Diluted Shares Outstanding | 330.28M | 279.19M | 300.23M | 313.37M | 313.37M | 301.81M | 280.24M | 258.67M | 266.82M | 266.82M | 267.25M | 228.32M | 262.5M | 248.65M | 197.72M | 197.72M | 243.65M | 31.25M | 31.25M | 31.25M |
| Basic Shares Outstanding | 330.28M | 279.19M | 300.25M | 281.23M | 281.23M | 301.81M | 280.24M | 258.67M | 266.82M | 266.82M | 267.25M | 228.32M | 262.5M | 248.65M | 197.72M | 197.72M | 243.65M | 31.25M | 31.25M | 31.25M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |