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ANI Pharmaceuticals Inc (ANIP)
NASDAQ:ANIP
US Market

ANI Pharmaceuticals (ANIP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 08, 2026
Before Open (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
1.59
Last Year’s EPS
1.7
Same Quarter Last Year
Based on 4 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 03, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call conveyed strong positive momentum: record 2025 financials, rapid Cortrophin Gel and generics growth, robust cash generation, and clear 2026 guidance with continued top- and bottom-line expansion. Management acknowledged margin pressure from product mix and higher royalty rates, elevated near-term SG&A to fund a 90-person gout expansion, and access-seasonality headwinds in Q1. However, the magnitude and number of positive operating and financial outcomes (substantial revenue and EBITDA growth, cash flow, and confident guidance) outweigh the challenges, which management presented as known, manageable, and tied to growth investments and temporary access/seasonal factors.
Company Guidance
ANI reaffirmed 2026 guidance targeting net revenue of $1.055–$1.115 billion (≈19%–26% YoY, midpoint ≈23%), with rare disease representing ~60% of revenues and Cortrophin Gel net revenue of $540–$575 million (55%–65% YoY; company also referenced ~60% YoY growth at the midpoint); ILUVIEN net revenue is guided to $78–$83 million (≈4%–11% YoY). They forecast adjusted non‑GAAP EBITDA of $275–$290 million (≈20%–26% YoY), adjusted non‑GAAP diluted EPS of $8.83–$9.34 (≈12%–18% YoY) calculated using ~21.5–21.8 million diluted shares, adjusted gross margin of 59.3%–60.3% (down versus 2025), and a U.S. GAAP tax rate of ~26%–28%; management expects Q1 Cortrophin to represent ~13%–14% of 2026 revenue (versus ~15% in 2025), anticipates Q1 EBITDA to be down sequentially with sequential growth thereafter (Q4 as the largest quarter) and noted the planned mid‑year deployment of a 90‑person gout team driving material Cortrophin volume contribution in Q3–Q4 (full productivity expected in 2027).
Record Financial Performance in 2025
Full year revenues of $883.4M, up 44% year-over-year; adjusted non-GAAP EBITDA of $229.8M, up 47% YoY; adjusted non-GAAP diluted EPS $7.89 vs $5.20 prior year.
Exceptional Cortrophin Gel Growth
Cortrophin Gel net revenue of $347.8M for 2025, up 76% YoY; Q4 Cortrophin revenue $111.4M, up 88% YoY; company expects Cortrophin to grow 55%–65% in 2026 to $540M–$575M.
Strong Generics Performance and Cadence
Generics revenue $384.1M for 2025, up 28% YoY; Q4 generics $100.8M, up 28% YoY; company maintains cadence of 10–15 launches annually supporting continued cash generation.
Meaningful Top-Line Q4 Momentum
Fourth quarter total revenues $247.1M, up 30% YoY; Q4 adjusted non-GAAP EBITDA $65.4M, up 31% YoY; Q4 adjusted non-GAAP diluted EPS $2.33 vs $1.63 prior year.
Strong Cash Generation and Liquidity
Year-end unrestricted cash $285.6M (up $140.7M YoY); full year cash flow from operations $185.2M, providing capital for reinvestment and M&A optionality.
Clear 2026 Guidance with Continued Growth
2026 guidance of $1.055B–$1.115B revenue (≈19%–26% YoY growth), adjusted EBITDA $275M–$290M (≈20%–26% YoY), and adjusted EPS $8.83–$9.34 (≈12%–18% YoY) reflects confident outlook.
Strategic Focus on Rare Disease Transformation
Company prioritizes transforming into a leading rare disease company: Cortrophin commercialization expansion, 90-person organization dedicated to acute gout flares, ongoing Phase IV (150-patient) study and continued R&D investment.
Product and Commercial Enhancements
Launched Cortrophin prefilled syringe (April prior year) supporting patient convenience and adoption; ophthalmology volumes over 2x year-ago in Q4, reflecting commercial traction across specialties.
Improved Payer Coverage for ILUVIEN Indication
All 7 Medicare Administrative Contractors updated policies to cover ILUVIEN for both CIU/NIUPS and DME indications; top commercial payers with ILUVIEN-specific policies updated to reflect both indications.
Reduced Net Leverage
As of Dec 31, 2025 principal debt $629.1M; gross leverage 2.7x and net leverage 1.5x of 2025 adjusted EBITDA, reflecting deleveraging progress and capacity for disciplined capital deployment.

ANI Pharmaceuticals (ANIP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

ANIP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 08, 2026
2026 (Q1)
1.58 / -
1.7
Mar 03, 2026
2025 (Q4)
1.99 / 2.33
1.6342.94% (+0.70)
Nov 10, 2025
2025 (Q3)
1.77 / 2.04
1.3452.24% (+0.70)
Aug 08, 2025
2025 (Q2)
1.41 / 1.80
1.0276.47% (+0.78)
May 09, 2025
2025 (Q1)
1.38 / 1.70
1.2140.50% (+0.49)
Feb 28, 2025
2024 (Q4)
1.44 / 1.63
163.00% (+0.63)
Nov 08, 2024
2024 (Q3)
1.09 / 1.34
1.275.51% (+0.07)
Aug 06, 2024
2024 (Q2)
0.95 / 1.02
1.28-20.31% (-0.26)
May 10, 2024
2024 (Q1)
1.00 / 1.21
1.173.42% (+0.04)
Feb 29, 2024
2023 (Q4)
0.85 / 1.00
0.7631.58% (+0.24)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

ANIP Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 10, 2025
$90.43$88.93-1.66%
Aug 08, 2025
$69.01$81.48+18.07%
May 09, 2025
$71.53$66.30-7.31%
Feb 28, 2025
$54.58$61.89+13.39%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does ANI Pharmaceuticals Inc (ANIP) report earnings?
ANI Pharmaceuticals Inc (ANIP) is schdueled to report earning on May 08, 2026, Before Open (Confirmed).
    What is ANI Pharmaceuticals Inc (ANIP) earnings time?
    ANI Pharmaceuticals Inc (ANIP) earnings time is at May 08, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is ANIP EPS forecast?
          ANIP EPS forecast for the fiscal quarter 2026 (Q1) is 1.59.