ADMA ADMA BIOLOGICS, INC.
FY2025 10-K
ADMA BIOLOGICS, INC. (ADMA) filed its fiscal year 2025 10-K annual report with the SEC on Feb 25, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • Core business: End-to-end biopharmaceutical company manufacturing specialty biologics for immunodeficient and immune-compromised patients
- • New emphasis on SG-001 for prevention/treatment of S. pneumoniae infections, with pilot batch completed and pre-IND planned in FY 2026
Management Discussion & Analysis
- • Revenue $510.2M in 2025, up 20% YoY from $426.5M, driven by ASCENIV ($362.5M, +51%), offset by BIVIGAM decline (-14%)
- • Gross margin improved to 57.4% in 2025 vs 51.5% in 2024, due to favorable IG product mix and lower manufacturing costs
Risk Factors
- • FDA inspections risk: potential issuance of warning letters or enforcement actions due to non-compliance with cGMP at ADMA or third-party contractors
- • Geopolitical exposure: supply chain disruptions and sales impact from Russia-Ukraine conflict and sanctions, plus risks in South America, Northern Africa, Middle East
Financial SummaryXBRL
Revenue
$510M
Net Income
$147M
Gross Margin
57.4%
Operating Margin
37.5%
Net Margin
28.8%
ROE
30.8%
Total Assets
$624M
EPS (Diluted)
$0.60
Operating Cash Flow
$50M
Source: XBRL data from ADMA BIOLOGICS, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on ADMA BIOLOGICS, INC.
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.