UNITED GUARDIAN INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $10.5M | $12.2M | $10.9M | $12.7M | $13.9M |
| Cost of revenue | $5.4M | $5.7M | $5.5M | $6.0M | $5.7M |
| Research and development | $463,644 | $456,779 | $463,992 | $490,770 | $478,642 |
| Operating income | $2.2M | $3.6M | $2.9M | $4.0M | $5.7M |
| Pretax income | $2.6M | $4.1M | $3.3M | $3.2M | $5.9M |
| Income tax expense | $537,277 | $857,582 | $669,408 | $658,168 | $1.2M |
| Net income | $2.1M | $3.3M | $2.6M | $2.6M | $4.7M |
| Balance Sheet | |||||
| Cash and equivalents | $1.3M | $1.9M | $8.2M | $830,452 | $531,213 |
| Current assets | $12.2M | $12.7M | $12.3M | $10.0M | $11.6M |
| Total assets | $13.1M | $13.8M | $12.9M | $10.6M | $12.2M |
| Current liabilities | $1.7M | $1.9M | $1.5M | $1.4M | $2.3M |
| Total liabilities | $1.9M | $1.9M | $1.5M | — | — |
| Stockholders' equity | $11.2M | $11.9M | $11.4M | $9.3M | $9.8M |
| Cash Flow Statement | |||||
| Cash from operations | $2.0M | $3.5M | $3.1M | $2.5M | $5.3M |
| Depreciation and amortization | $108,200 | $95,885 | $105,682 | $135,396 | $145,977 |
| Capital expenditure | $58,995 | $433,077 | $165,716 | $75,179 | $116,375 |
| Free cash flow | $1.9M | $3.0M | $3.0M | $2.4M | $5.2M |
| Dividends paid | $2.8M | $2.8M | $459,387 | $3.1M | $5.2M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 4.6M · Free float 21.0%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.