Alvotech delivered robust Q2 2025 results, highlighted by growth across biosimilar products and global expansion. The company generated $173.2 million in revenue and $32 million in net income. Product launches and cost management contributed to improved profitability and cash performance.
Total revenue for Q2 reached $173.2 million, driven by product and license income.
Net income totaled $32 million, following a strong Q1 performance.
EPS came in at $0.11 with adjusted EPS at $0.14.
Q2 marked the second consecutive quarter of positive operating cash flow.
Alvotech maintained its guidance for FY 2025, projecting $600–700 million in revenue and $200–280 million in adjusted EBITDA, driven by continued product rollout and global expansion.