ADC Therapeutics Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	75.21	70.84	69.56	209.91	33.92	-
Revenue Growth (YoY)	6.35%	1.84%	-66.86%	518.89%	-	-
Cost of Revenue	118.39	115.58	129.66	189.76	159.4	141.82
Gross Profit	-43.18	-44.75	-60.1	20.15	-125.48	-141.82
Selling, General & Admin	79.37	85.91	105.89	143.49	136.24	77.23
Operating Expenses	79.37	85.91	105.89	143.49	136.24	77.23
Operating Income	-122.55	-130.65	-165.99	-123.34	-261.72	-219.05
Interest Expense	-50.54	-50.21	-46.33	-36.73	-18.34	-4.93
Interest & Investment Income	9.09	12.27	10.54	2.57	0.07	0.83
Earnings From Equity Investments	-	-1.54	-5.53	-10.08	-6.67	24.37
Currency Exchange Gain (Loss)	-0.6	-0.08	-0.05	-0.11	0.05	-0.58
Other Non Operating Income (Expenses)	12.22	12.54	6.4	52.91	35.11	-46.4
EBT Excluding Unusual Items	-152.38	-157.68	-200.95	-114.79	-251.51	-245.75
Asset Writedown	-	-	-	-	-	-0.22
Other Unusual Items	-	-	-	-42.11	-	-
Pretax Income	-165.84	-157.68	-200.95	-156.9	-251.51	-245.96
Income Tax Expense	1.1	0.17	39.11	0.23	-21.48	0.33
Net Income	-166.94	-157.85	-240.05	-157.13	-230.03	-246.29
Net Income to Common	-166.94	-157.85	-240.05	-157.13	-230.03	-246.29
Shares Outstanding (Basic)	116	97	82	78	77	65
Shares Outstanding (Diluted)	116	97	82	78	77	65
Shares Change (YoY)	26.73%	18.91%	4.55%	1.83%	17.33%	32.73%
EPS (Basic)	-1.44	-1.62	-2.94	-2.01	-3.00	-3.77
EPS (Diluted)	-1.44	-1.62	-2.94	-2.01	-3.00	-3.77
Free Cash Flow	-132.26	-124.7	-121.9	-139	-236.81	-169.53
Free Cash Flow Per Share	-1.14	-1.28	-1.49	-1.78	-3.09	-2.59
Gross Margin	-57.42%	-63.17%	-86.40%	9.60%	-	-
Operating Margin	-162.94%	-184.44%	-238.63%	-58.76%	-771.65%	-
Profit Margin	-221.97%	-222.83%	-345.11%	-74.86%	-678.20%	-
Free Cash Flow Margin	-175.85%	-176.04%	-175.25%	-66.22%	-698.20%	-
EBITDA	-121.5	-129.32	-164.8	-122.28	-260.75	-218.23
EBITDA Margin	-161.55%	-182.56%	-236.92%	-58.26%	-	-
D&A For EBITDA	1.05	1.33	1.19	1.06	0.97	0.82
EBIT	-122.55	-130.65	-165.99	-123.34	-261.72	-219.05
EBIT Margin	-162.94%	-184.44%	-238.63%	-58.76%	-	-
Revenue as Reported	75.21	70.84	69.56	209.91	33.92	-

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q