ANI Pharmaceuticals Q1 revenue rises 21%, adjusted EPS beats estimates

ANI Pharmaceuticals

08/05/2026 11:59

Overview

US biopharma firm's Q1 revenue rose 20.5%, beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Company authorized $100 mln share repurchase program

Outlook

ANI Pharmaceuticals raises 2026 total net revenue guidance to $1.08 bln-$1.14 bln

Company expects 2026 adjusted non-GAAP EBITDA of $285 mln-$300 mln

ANI Pharmaceuticals expects 2026 adjusted non-GAAP diluted EPS of $9.19-$9.69

Result Drivers

CORTROPHIN GEL GROWTH - Q1 revenue growth was mainly driven by a 42.1% increase in Cortrophin Gel sales, attributed to higher patient volume, expanded sales force, and momentum across target indications

GENERICS LAUNCHES - Generics revenue rose 6.8% due to new product launches, including a partnered generic launched in Q3 2025

IP LICENSE FEES - Brand royalties and other revenues included a $15 mln upfront license fee and $6.5 mln in royalties from the Harmony Agreement

Company press release: ID:nGNX3dwKZD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$237.5 mln
$207.57 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$2.05
$1.30 (7 Analysts)
Q1 EPS
$1.28
Q1 Net Income
$29.5 mln
Q1 Adjusted EBITDA
$63 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the pharmaceuticals peer group is "buy"

Wall Street's median 12-month price target for ANI Pharmaceuticals Inc is $111.00, about 32.3% above its May 7 closing price of $83.91

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)