Emergent BioSolutions reported a 26% decrease in total revenues to $222.2 million for Q1 2025 compared to Q1 2024, but net income surged by 656% to $68.0 million. The company's gross margin expanded to 50%, and adjusted EBITDA increased by 16% to $77.6 million, demonstrating improved profitability despite lower sales.
Total revenues decreased by 26% to $222.2 million in Q1 2025 compared to Q1 2024.
Net income increased by 656% to $68.0 million in Q1 2025 compared to Q1 2024.
Adjusted EBITDA increased by 16% to $77.6 million in Q1 2025 compared to Q1 2024.
Gross Margin % expanded to 50% and Adjusted Gross Margin % to 58% in Q1 2025.
Emergent BioSolutions reaffirmed its full-year 2025 guidance, with total revenues expected to remain between $750 million and $850 million. The company anticipates increased net income and maintains its outlook for adjusted net income, adjusted EBITDA, and adjusted gross margin percentage.
Visualization of income flow from segment revenue to net income