The Inventing Press

Amphastar Pharmaceuticals, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$719.9M$732.0M$644.4M$499.0M$437.8M
Cost of revenue$363.8M$358.1M$293.3M$250.1M$238.0M
Gross profit$356.1M$373.9M$351.1M$248.9M$199.7M
Research and development$85.8M$73.9M$73.7M$74.8M$60.9M
Operating expenses$215.7M$168.4M$154.1M$141.4M$129.9M
Operating income$140.4M$205.4M$197.0M$107.5M$69.9M
Interest expense$25.5M$30.3M$27.2M$1.8M$885,000
Pretax income$123.6M$189.8M$171.4M$116.0M$84.1M
Income tax expense$25.5M$29.7M$31.8M$23.5M$20.6M
Net income$98.1M$159.5M$137.5M$91.4M$62.1M
Balance Sheet
Cash and equivalents$170.2M$151.6M$144.3M$156.1M$126.4M
Current assets$636.0M$534.1M$489.6M$378.3M$318.1M
Total assets$1.6B$1.6B$1.5B$742.0M$671.5M
Current liabilities$158.2M$173.8M$225.4M$94.9M$103.8M
Total liabilities$840.5M$845.2M$873.5M$213.3M$226.0M
Stockholders' equity$788.8M$732.3M$639.4M$528.7M$445.5M
Cash Flow Statement
Cash from operations$156.1M$213.4M$183.5M$89.2M$98.0M
Depreciation and amortization$31.6M$28.2M$25.7M$12.6M$10.2M
Stock-based compensation$27.3M$24.4M$20.2M$17.9M$18.7M
Capital expenditure$34.9M$41.0M$38.2M$24.0M$27.5M
Free cash flow$121.2M$172.3M$145.3M$65.1M$70.5M
Share repurchases$75.6M$85.5M$58.1M$39.9M$28.9M

Shares outstanding 44.1M · Free float 75.8%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.