ANI Pharmaceuticals, Inc.

ANI Pharmaceuticals, Inc.

ANIP
ANI Pharmaceuticals, Inc.US flagNASDAQ
71.23
USD
-0.76
- -
1.62BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.93
5.12
6.71
11.24
15.31
17.26
17.44
17.43
17.16
19.46
27.04
31.8
44.05
47.25
Basic EPS, GAAP
-0.92
2.63
1.35
0.34
-0.09
1.33
0.51
-1.88
-3.4
-3.05
0.95
-1.04
3.85
5.21
Free Cash Flow per Basic Share
-1.12
-1.25
-1.36
-10.62
-5.94
4.81
1.53
-4.43
-1.61
-2.93
5.58
2.44
7.53
8.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.02
0.1
0.09
0.08
0.06
0.02
Book Value per Share
4.26
12.27
13.92
14.64
15
16.64
17.6
15.84
19.84
17.93
21.14
19.12
24.04
26
Tangible Book Value per Share
2.98
8.42
7.99
-0.69
-4.88
-0.67
2.38
0.29
0.71
1.93
9.55
-9.39
-0.06
3.69
Basic Weighted Avg Shares
5
11
11
11
12
12
12
12
13
16
18
19
20
21
Sales/Revenue/Turnover
30
56
76
129
177
202
207
208
216
316
487
614
883
978
Operating Margin (%)
2.99
35.74
42.84
20.81
16.53
17.54
7.95
-7.47
-13.03
-8.13
10.17
0.36
9.2
13.34
Depreciation Expense
1
4
7
22
28
34
45
45
47
60
60
68
91
86
Net Income, GAAP
- -
29
15
4
-1
15
6
-23
-43
-48
19
-19
78
108
Effective Tax Rate (%)
15.87
- -
29.26
54.67
106.58
22.73
- -
- -
- -
- -
5.5
- -
18.22
24.04
Profit Margin (%)
1
51.36
20.14
3.06
-0.61
7.69
2.95
-10.82
-19.71
-15.14
3.86
-3.01
8.87
11.07
Working Capital
24
182
181
71
92
-13
126
92
234
245
374
334
475
542
LT Debt
- -
107
113
121
198
67
176
172
287
286
285
615
600
589
Total Equity
41
140
160
170
175
197
213
196
359
339
458
429
541
597
Return on Invested Capital (%)
2.1
- -
9.22
4.66
-0.64
8.05
- -
- -
- -
- -
8.37
- -
6.92
9.11
Return on Capital (%)
1.8
- -
8.91
3.22
-0.56
7.11
- -
- -
- -
- -
6.47
- -
8.57
10.55
Return on Common Equity (%)
-13.52
31.81
10.25
2.39
-0.62
8.33
2.97
-11.04
-16.16
-15.29
4.6
-4.82
16.34
20.88

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17
19
21
LT Borrowings
600
594
589
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
23
23
Market Capitalization
1,775
1,759
1,902

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
753
747
825
Cash, Cash Equivalents & STI
295
326
376
Accounts Receivable, Net
281
255
274
Inventories
143
143
143
Total Current Liabilities
278
240
284
Payables & Accruals
173
161
191
ST Debt
17
19
21
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.44%
26.54%
26.18%
Free Cash Flow
-6.86%
-14.08%
220.64%
Net Income, GAAP
-303.18%
-151.88%
-522.94%
Sales/Revenue/Turnover
29.73%
34.78%
43.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
137
138
148
191
614
2025
197
211
228
247
883
2026
237
266
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.93
-0.14
-1.27
-0.55
-1.04
2025
0.78
0.41
1.31
1.33
3.85
2026
1.41
1.17
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.08
2025
0.02
0.02
0.02
- -
0.06
2026
- -
- -
- -
- -
- -

Company Description

CEO
Nikhil Lalwani
Full Time Employees
970
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
210 Main Street West Baudette MN United States of America 56623
IPO Date
May 5, 2000
Business
ANI Pharmaceuticals, Inc. engages in the development, manufacturing, and commercialization of specialty generic pharmaceutical products, proprietary branded products, and rare disease therapies primarily in the United States. Its core products include generic oral solid and liquid dosage forms; specialty and branded pharmaceuticals focused on rare diseases such as Cortrophin Gel for multiple indications, Iluvien and YUTIQ ophthalmic implants; and prescription products in therapeutic areas including ophthalmology, pulmonology, rheumatology, neurology, and nephrology. The company also offers contract development and manufacturing services. Founded in 1971 and headquartered in Baudette, Minnesota, ANI serves healthcare providers, pharmacies, and specialty clinics. In recent years, ANI Pharmaceuticals has focused on expanding its rare disease and ophthalmology segments, marked by its 2024 acquisition of Alimera Sciences, which added the commercial ophthalmic brands Iluvien and YUTIQ, strengthening its presence in the ophthalmology market and boosting pro forma 2024 revenues by approximately $105 million. The acquisition supports an expanded ophthalmology sales team and contributed to robust growth in this therapeutic area. ANI has actively launched multiple generic products, including 14 new products in 2024 such as Promethazine Hydrochloride and Dextromethorphan Hydrobromide oral solution and Ketoconazole Shampoo, driving growth in its generics segment. The company also launched Estradiol Gel, 0.06% in late 2024 and Nitazoxanide Tablets in early 2025, targeting niche limited competition markets. ANI maintains a strong revenue growth trajectory, raising 2025 guidance to $843 million driven by strategic product launches and a strengthened rare disease portfolio. ANI Pharmaceuticals operates primarily in the pharmaceutical industry with segments focusing on generics, specialty pharmaceuticals, and rare diseases, targeting healthcare professionals and patient populations in the U.S. market. It benefits from a diversified product portfolio supported by a robust sales organization specialized in rare and specialty disease areas, backed by recent strategic financing supported by major financial institutions. The company continues to invest in expanding its commercial footprint and product offerings to maintain its leadership in niche pharmaceutical markets and rare therapeutic categories.

Company News

  • ANI Pharmaceuticals to Present at September Investor Conferences

  • ANI Pharmaceuticals Appoints Henry Gosebruch to Board of Directors

  • Aurora Investment Counsel Takes Position in ANI Pharmaceuticals, Inc. $ANIP

  • ANIP's Cortrophin Guidance Cut Raises the Bar for Second-Half Growth

  • Should You Buy ANIP as Low Valuation Meets Cortrophin Execution Risk?

  • ANIP Tops Q2 Earnings, Stock Down on Cortrophin Sales View Cut

  • ANI Pharmaceuticals, Inc. (ANIP) Q2 2026 Earnings Call Transcript

  • Compared to Estimates, ANI (ANIP) Q2 Earnings: A Look at Key Metrics

  • ANI Pharmaceuticals Q2 Earnings Call Highlights

  • ANI Pharmaceuticals (ANIP) Q2 Earnings and Revenues Beat Estimates

  • ANI Pharmaceuticals Reports Record Second Quarter 2026 Financial Results

  • ANI Pharmaceuticals: The Market Is Pricing The Present, Not The Future

  • ANI Pharmaceuticals (ANIP) Reports Next Week: Wall Street Expects Earnings Growth

  • ANI Pharmaceuticals to Discuss Second Quarter 2026 Financial Results on August 7, 2026 at 8:00 a.m. ET

  • ANI Pharmaceuticals to Discuss Second Quarter 2026 Financial Results on August 7, 2026 at 8:00 a.m. ET

  • Trump's generic drug tariffs: What they could mean for medicine prices, manufacturers and supply

  • Bessemer Group Inc. Acquires 19,800 Shares of ANI Pharmaceuticals, Inc. $ANIP

  • ANI Pharmaceuticals Announces Intent to Appeal Rulings in CG Oncology Matter

  • ANI Pharmaceuticals reports Phase 4 data for uveitis eye implant

  • ANI Pharmaceuticals reports Phase 4 data for uveitis eye implant