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Adagene Inc. (ADAG)
NASDAQ: ADAG · Real-Time Price · USD
2.930
-0.050 (-1.68%)
At close: Sep 25, 2026, 4:00 PM EDT
2.990
+0.060 (2.05%)
After-hours: Sep 25, 2026, 7:30 PM EDT

Adagene Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
9.297.670.118.119.2910.18
Revenue Growth
21.12%7332.76%-99.43%94.90%-8.67%1351.72%
Gross Profit
9.297.670.118.119.2910.18
Operating Income
-22.34-21.44-35.95-23.72-83.92-72.36
Net Income
-20.51-17.61-33.42-18.95-79.97-73.21
Earnings Per Share
-0.39-0.38-0.74-0.44-1.85-1.83
EPS Growth
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Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
127.9175.8486.97109.93143.76174.39
Total Debt
6.096.2618.4922.3127.977.49
Net Cash (Debt)
121.8269.5868.4887.63115.79166.9
Net Cash Growth
75.08%1.61%-21.85%-24.32%-30.63%148.48%
Net Cash Per Share
2.341.471.522.002.674.17

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-19.25-15.66-29.7-28.45-48.61-43.41
Capital Expenditures
-0.17-0.02-0.03-0.09-0.69-2.51
Free Cash Flow
-19.42-15.67-29.73-28.54-49.3-45.92
Free Cash Flow Growth
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Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
-240.42%-279.48%-34835.42%-130.97%-903.08%-711.18%
Pretax Margin
-224.71%-233.44%-32403.46%-95.27%-855.65%-702.45%
Profit Margin
-220.77%-229.56%-32386.45%-104.61%-860.59%-719.46%
FCF Margin
-209.01%-204.34%-28811.45%-157.58%-530.55%-451.33%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
21.1711.61853.644.686.1934.55