Palatin Technologies, Inc. (PTN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Sales/Revenue | 3.92M | 116.04K | 8.85M | 0 | 0 | 0 | 0 | 350K | 0 | 2.03M | 2.11M | 1.76M | 1.2M | 1.03M | 869.65K | 770.74K | 216.1K | 322.14K | 159.48K | 175.19K |
| Revenue Growth % | - | - | - | -100% | - | -100% | -100% | -80.14% | -100% | 98.18% | 142.16% | 128.6% | 453.3% | 218.62% | 445.3% | 339.94% | 143.51% | 296.46% | 155.27% | - |
| Cost of Goods Sold | 16.95K | 14.39K | 0 | 0 | 0 | 0 | 0 | 169.91K | 171.79K | 267.88K | 175.92K | 277.4K | 301.4K | 98.71K | 86.5K | 87.52K | 180.28K | 29.17K | 53.93K | 37.8K |
| COGS % of Revenue | 0.43% | 12.4% | - | - | - | - | - | 48.55% | - | 13.17% | 8.35% | 15.74% | 25.21% | 9.62% | 9.95% | 11.36% | 83.43% | 9.06% | 33.82% | 21.58% |
| Gross Profit | 3.9M | 101.65K | 8.85M | 0 | 0 | 0 | 0 | 180.09K | -171.79K | 1.77M | 1.93M | 1.48M | 894.28K | 927.71K | 783.16K | 683.22K | 35.81K | 292.97K | 105.55K | 137.39K |
| Gross Margin % | 99.57% | 87.6% | 100% | - | - | - | - | 51.45% | - | 86.83% | 91.65% | 84.26% | 74.79% | 90.38% | 90.05% | 88.64% | 16.57% | 90.94% | 66.18% | 78.42% |
| Gross Profit Growth % | - | - | - | -100% | 100% | -100% | -100% | -87.87% | -119.21% | 90.39% | 146.45% | 117.28% | 2396.94% | 216.66% | 641.99% | 397.27% | 7.55% | 251.51% | 133.64% | 249.46% |
| Operating Expenses | 5.5M | 7.43M | 4.19M | 2.27M | 4.81M | 2.61M | 7.76M | 8.51M | 9.02M | 8.42M | 8.04M | 12.3M | 8.2M | 6.51M | 9.54M | 13.78M | 7.86M | 8.74M | 7.32M | 13.84M |
| OpEx % of Revenue | 140.32% | 6403.35% | 47.32% | - | - | - | - | 2430.21% | - | 413.77% | 381.72% | 698.25% | 685.43% | 634.69% | 1096.51% | 1788.46% | 3635.51% | 2714.4% | 4590.68% | 7899.93% |
| Selling, General & Admin | 1.98M | 3.12M | 1.66M | 2.63M | 1.47M | 1.68M | 2.02M | 3.83M | 1.86M | 2.86M | 3.02M | 4.9M | 3.37M | 3.17M | 3.51M | 6.35M | 2.88M | 3.32M | 3.84M | 5.95M |
| SG&A % of Revenue | 50.61% | 2692.97% | 18.77% | - | - | - | - | 1095.39% | - | 140.72% | 143.61% | 277.93% | 281.45% | 309.26% | 403.47% | 823.64% | 1330.96% | 1029.91% | 2405.63% | 3396.45% |
| Research & Development | 3.52M | 4.32M | 2.53M | 1.97M | 3.76M | 3.43M | 5.74M | 4.67M | 7.16M | 5.55M | 5.01M | 7.41M | 4.83M | 4.37M | 6.03M | 7.44M | 4.98M | 5.43M | 3.48M | 3.48M |
| R&D % of Revenue | 89.71% | 3722.78% | 28.55% | - | - | - | - | 1334.82% | - | 273.05% | 238.11% | 420.32% | 403.98% | 425.51% | 693.04% | 964.82% | 2304.55% | 1684.48% | 2185.05% | 1987.41% |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | -416K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 1000K |
| Operating Income | -1.58M | -7.33M | 4.66M | -2.27M | -4.81M | -2.61M | -7.76M | -8.33M | -9.19M | -6.65M | -6.11M | -10.82M | -7.3M | -5.59M | -8.75M | -13.1M | -7.82M | -8.45M | -7.22M | -13.7M |
| Operating Margin % | -40.32% | -6315.75% | 52.68% | - | - | - | - | -2378.75% | - | -326.94% | -290.07% | -613.99% | -610.64% | -544.31% | -1006.45% | -1699.81% | -3618.94% | -2623.45% | -4524.5% | -7821.51% |
| Operating Income Growth % | 67.15% | -180.64% | 160.03% | 72.73% | 47.64% | 60.73% | -27.1% | 23.04% | -25.91% | -19.04% | 30.21% | 17.43% | 6.64% | 33.89% | -21.3% | 4.39% | -20.57% | 8.63% | -82.89% | -85.43% |
| EBITDA | -1.56M | -7.31M | 4.68M | -2.22M | -4.76M | -2.54M | -7.68M | -8.16M | -9.02M | -6.48M | -5.93M | -10.64M | -7.13M | -5.52M | -8.69M | -12.97M | -7.69M | -8.34M | -7.11M | -13.69M |
| EBITDA Margin % | -39.89% | -6303.35% | 52.84% | - | - | - | - | -2330.21% | - | -318.57% | -281.72% | -604.15% | -596.24% | -537.51% | -999.6% | -1682.57% | -3557.22% | -2587.54% | -4459.26% | -7814.34% |
| EBITDA Growth % | 67.14% | -188.02% | 160.85% | 72.81% | 47.24% | 60.81% | -29.51% | 23.38% | -26.54% | -17.46% | 31.75% | 17.92% | 7.26% | 33.81% | -22.24% | 5.27% | -20.42% | 9.78% | -80.87% | -87.59% |
| D&A (Non-Cash Add-back) | 16.95K | 14.39K | 14.39K | 52.99K | 53.3K | 71.83K | 80.79K | 169.91K | 171.79K | 170.24K | 175.92K | 173.37K | 172.16K | 69.78K | 59.63K | 132.92K | 133.37K | 115.69K | 104.04K | 12.56K |
| EBIT | -1.58M | -7.33M | 4.68M | -2.23M | -4.81M | -2.44M | -7.82M | -8.25M | -8.43M | -7.84M | -5.2M | -9.82M | -8.67M | -1.96M | -8.25M | -12.75M | -7.63M | -8.68M | -7.11M | -13.92M |
| Net Interest Income | 148.01K | 64.69K | -2K | -3.49K | -1.79K | -3.8K | -5.94K | -3.37K | -1.25K | -1.6K | -10.88K | -1.49K | -3.43K | -5.49K | -9.6K | -18.26K | -3.02K | -2.77K | -5.63K | -14.08K |
| Interest Income | 149.28K | 65.19K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.27K | 498 | 2K | 3.49K | 1.79K | 3.8K | 5.94K | 3.37K | 1.25K | 1.6K | 10.88K | 1.49K | 3.43K | 5.49K | 9.6K | 18.26K | 3.02K | 2.77K | 5.63K | 14.08K |
| Other Income/Expense | 148.01K | 64.69K | 16.48K | 40.96K | 1.76K | 168.84K | -58.96K | 75.2K | 757.45K | -1.19M | 902.9K | 998.65K | -1.37M | 3.62M | 497.26K | 333.47K | 188.83K | -235.29K | 103.14K | -231.55K |
| Pretax Income | -1.43M | -7.26M | 4.68M | -2.23M | -4.81M | -2.44M | -7.82M | -8.25M | -8.44M | -7.84M | -5.21M | -9.82M | -8.67M | -1.97M | -8.26M | -12.77M | -7.63M | -8.69M | -7.11M | -13.93M |
| Pretax Margin % | -36.55% | -6260.01% | 52.87% | - | - | - | - | -2357.27% | - | -385.62% | -247.2% | -557.31% | -725.06% | -191.69% | -949.27% | -1656.54% | -3531.56% | -2696.49% | -4459.83% | -7953.68% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.67M | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 237.6% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.43M | -7.26M | 4.68M | -2.23M | -4.81M | -2.44M | -7.82M | -8.25M | -8.44M | -7.84M | -5.21M | -9.82M | -8.67M | 2.71M | -8.26M | -12.77M | -7.63M | -8.69M | -7.11M | -13.93M |
| Net Margin % | -36.55% | -6260.01% | 52.87% | - | - | - | - | -2357.27% | - | -385.62% | -247.2% | -557.31% | -725.06% | 263.78% | -949.27% | -1656.54% | -3531.56% | -2696.49% | -4459.83% | -7953.68% |
| Net Income Growth % | 70.22% | -197.4% | 159.79% | 72.97% | 42.96% | 68.86% | -50.28% | 15.98% | 2.7% | -389.72% | 36.94% | 23.09% | -13.6% | 131.17% | -16.07% | 8.37% | -33.19% | 13.06% | -80.49% | -90.9% |
| Net Income (Continuing) | -1.43M | -7.26M | 4.68M | -2.23M | -4.81M | -2.44M | -7.82M | -8.25M | -8.44M | -7.84M | -5.21M | -9.82M | -8.67M | 2.71M | -8.26M | -12.77M | -7.63M | -8.69M | -7.11M | -13.93M |
| 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) | -1.30 | -6.61 | 4.26 | -0.51 | -0.63 | -0.32 | -1.03 | -0.56 | -0.53 | -0.56 | -0.43 | -0.84 | -0.76 | 0.25 | -0.86 | -1.34 | -0.80 | -0.91 | -0.75 | -1.47 |
| EPS Growth % | -106.35% | -1965.63% | 513.59% | 8.93% | -18.87% | 42.86% | -139.53% | 33.33% | 30.26% | -324% | 50% | 37.31% | 5% | 127.47% | -14.67% | 8.84% | -33.33% | 14.15% | -78.57% | -88.46% |
| EPS (Basic) | -1.47 | -7.48 | 4.81 | -0.52 | -0.63 | -0.32 | -1.03 | -0.56 | -0.53 | -0.56 | -0.43 | -0.84 | -0.76 | 0.25 | -0.86 | -1.34 | -0.80 | -0.91 | -0.75 | -1.47 |
| Diluted Shares Outstanding | 1.1M | 1.1M | 1.1M | 4.36M | 7.62M | 7.62M | 7.62M | 14.7M | 15.79M | 14.1M | 12.17M | 11.73M | 11.43M | 10.8M | 9.63M | 9.56M | 9.55M | 9.53M | 9.53M | 9.48M |
| Basic Shares Outstanding | 971.65K | 971.65K | 971.65K | 4.29M | 7.62M | 7.62M | 7.62M | 14.7M | 15.79M | 14.1M | 12.17M | 11.73M | 11.43M | 10.8M | 9.63M | 9.56M | 9.55M | 9.53M | 9.53M | 9.48M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |