Alvotech (ALVO)
NASDAQ: ALVO · Real-Time Price · USD
5.02
-0.03 (-0.59%)
At close: Sep 15, 2026, 4:00 PM EDT
5.00
-0.02 (-0.40%)
After-hours: Sep 15, 2026, 5:42 PM EDT
Alvotech Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 491.95 | 559.42 | 586.32 | 570.95 | 560.1 | 585.6 | 489.68 | 391.87 | 306.77 | 112.42 | 91.43 | 61.9 | 63.17 | 98.44 | 83.03 | 93.94 | 74.88 | 36.22 | 36.77 | 66.62 |
Other Revenue | 2.65 | 2.62 | 2.58 | 2.4 | 2.38 | 2.3 | 2.3 | 2.05 | 1.96 | 1.97 | 1.95 | 1.85 | 1.89 | 1.67 | 1.99 | 2.2 | 2.71 | 3.08 | 2.91 | 2.83 |
| 494.61 | 562.04 | 588.9 | 573.35 | 562.48 | 587.89 | 491.98 | 393.92 | 308.73 | 114.39 | 93.38 | 63.75 | 65.06 | 100.11 | 85.02 | 96.13 | 77.59 | 39.3 | 39.68 | 69.45 | |
Revenue Growth (YoY) | -12.07% | -4.40% | 19.70% | 45.55% | 82.19% | 413.92% | 426.84% | 517.92% | 374.55% | 14.27% | 9.84% | -33.69% | -16.15% | 154.73% | 114.23% | - | - | - | -42.86% | -16.00% |
Cost of Revenue | 194.57 | 216.2 | 235.56 | 254.61 | 259.41 | 230.8 | 185.31 | 161.4 | 158.11 | 141.72 | 160.86 | 129.87 | 112.09 | 98.14 | 64.1 | 35.36 | 17.81 | 1.75 | - | - |
Gross Profit | 300.04 | 345.85 | 353.35 | 318.74 | 303.06 | 357.09 | 306.67 | 232.52 | 150.62 | -27.33 | -67.47 | -66.12 | -47.03 | 1.97 | 20.92 | 60.77 | 59.78 | 37.55 | 39.68 | 69.45 |
Selling, General & Admin | 110.23 | 93.41 | 86.35 | 85.72 | 80.71 | 68.03 | 64.91 | 61.74 | -19.21 | 67.15 | -7.77 | 120.37 | 81.93 | 101.36 | 163.05 | 50.95 | 33.67 | 65.7 | 67.64 | 58.91 |
Research & Development | 137.67 | 170.53 | 184.19 | 191.17 | 166.72 | 159.61 | 171.31 | 189.06 | 227.22 | 191.33 | 210.83 | 179.04 | 174.82 | 181.59 | 180.62 | 171.46 | 187.46 | 189.89 | 191.01 | 145.93 |
Operating Expenses | 247.9 | 263.95 | 270.54 | 276.89 | 247.43 | 227.65 | 236.23 | 250.8 | 208.02 | 258.48 | 203.06 | 299.41 | 256.75 | 282.95 | 343.67 | 222.41 | 221.13 | 255.59 | 258.64 | 204.84 |
Operating Income | 52.14 | 81.9 | 82.81 | 41.85 | 55.64 | 129.45 | 70.44 | -18.28 | -57.4 | -285.81 | -270.53 | -365.53 | -303.78 | -280.98 | -322.75 | -161.64 | -161.36 | -218.04 | -218.96 | -135.4 |
Interest Expense | -155.72 | -151.35 | -146.08 | -145.87 | -145.92 | -9.08 | -157.6 | -264.68 | -160.31 | -111.29 | -134.82 | -166.13 | -97.43 | -265.16 | -77.5 | -84.5 | -97.07 | -106.52 | -114.56 | -100.73 |
Interest & Investment Income | 3.2 | 3.25 | 2.77 | 4.23 | 4.17 | 4.53 | 4.62 | 37.52 | 3.58 | 4.38 | 4.82 | - | 3.82 | 2.13 | 0.91 | 97.31 | 0.06 | 0.02 | 0.02 | 0.22 |
Earnings From Equity Investments | - | - | - | - | - | - | - | -3.17 | -4.45 | -5.99 | -7.15 | -4.84 | -4.03 | -2.98 | -2.59 | -2.48 | -2.85 | -2.78 | -2.42 | -1.51 |
Currency Exchange Gain (Loss) | 3.92 | -10.21 | -16.84 | -14.72 | -19.26 | -6.3 | 8.16 | -4.41 | 5.64 | 3.1 | -5.18 | -2.19 | 2.74 | 10.98 | 10.57 | 13.09 | 11.04 | 2.33 | 2.68 | 3.22 |
Other Non Operating Income (Expenses) | 59.94 | 98.47 | 191.85 | 139.46 | 128.48 | 55.57 | -70.04 | -132.33 | -297.25 | -132.33 | -132.33 | -102.77 | -16.64 | -102.77 | -86.77 | 120.75 | 159.86 | 82.56 | 48.75 | -55.43 |
EBT Excluding Unusual Items | -36.52 | 22.07 | 114.5 | 24.95 | 23.11 | 174.17 | -144.42 | -385.36 | -510.19 | -527.94 | -545.2 | -641.47 | -415.32 | -638.78 | -478.13 | -17.47 | -90.32 | -242.43 | -284.49 | -289.63 |
Merger & Restructuring Charges | -4.6 | -4.6 | -4.6 | -0.83 | -0.8 | -0.8 | -0.8 | -0.92 | - | -0.92 | -0.92 | 21 | -19.61 | - | -39.7 | - | -19.85 | 0.58 | -12.5 | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -2.97 | -2.97 | -24.49 | -24.49 | -21.52 | -21.52 | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | - | - | - | - | - | -1.78 | - | -1.78 | - | -2.76 | -2.76 | -2.76 | - | -6.09 | -0.03 | -3.06 | -3.99 | -2.14 |
Legal Settlements | - | - | - | 7.5 | - | - | - | - | - | - | - | 10.6 | - | - | - | - | - | - | - | - |
Other Unusual Items | 8.96 | 26.45 | 26.45 | 20.58 | 11.23 | -69.38 | -69.38 | -69.38 | -128.04 | -18.5 | -83.41 | -73.43 | -49.12 | -120.53 | -33.82 | 69.73 | 59.32 | 150.51 | 151.79 | - |
Pretax Income | -32.16 | 43.91 | 136.35 | 52.2 | 33.54 | 101.03 | -217.56 | -481.92 | -662.71 | -570.66 | -651.05 | -686.05 | -486.81 | -762.07 | -551.65 | 46.18 | -50.88 | -94.4 | -149.2 | -291.77 |
Income Tax Expense | 147.43 | 124.64 | 108.43 | -17.3 | -29.82 | 4.48 | 14.3 | -40.47 | -44.33 | -76.38 | -99.32 | -90.37 | -70.85 | -49.29 | -38.07 | -14.51 | -38.85 | -52.89 | -47.69 | -121.73 |
Net Income | -179.59 | -80.73 | 27.92 | 69.5 | 63.36 | 96.55 | -231.86 | -441.45 | -618.38 | -494.28 | -551.73 | -595.68 | -415.96 | -712.78 | -513.58 | 60.69 | -12.03 | -41.51 | -101.5 | -170.04 |
Net Income to Common | -179.59 | -80.73 | 27.92 | 69.5 | 63.36 | 96.55 | -231.86 | -441.45 | -618.38 | -494.28 | -551.73 | -595.68 | -415.96 | -712.78 | -513.58 | 60.69 | -12.03 | -41.51 | -101.5 | -170.04 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 295 | 292 | 290 | 289 | 285 | 277 | 268 | 253 | 241 | 233 | 227 | 223 | 220 | 209 | 198 | 77 | 152 | 131 | 111 | 94 |
Shares Outstanding (Diluted) | 295 | 292 | 291 | 289 | 285 | 278 | 268 | 253 | 241 | 233 | 227 | 223 | 220 | 209 | 198 | 77 | 152 | 131 | 111 | 94 |
Shares Change (YoY) | 3.53% | 5.12% | 8.74% | 14.38% | 18.56% | 19.33% | 17.89% | 13.21% | 9.55% | 11.68% | 14.94% | 192.12% | 44.40% | 59.61% | 78.65% | - | - | - | 18.18% | 1273.19% |
EPS (Basic) | -0.61 | -0.28 | 0.10 | 0.24 | 0.22 | 0.35 | -0.87 | -1.74 | -2.57 | -2.12 | -2.43 | -2.67 | -1.89 | -3.42 | -2.60 | 0.79 | -0.08 | -0.32 | -0.92 | -1.82 |
EPS (Diluted) | -0.61 | -0.28 | 0.10 | 0.24 | 0.22 | 0.31 | -0.87 | -1.74 | -2.57 | -2.12 | -2.43 | -2.67 | -1.89 | -3.42 | -2.60 | 0.79 | -0.08 | -0.32 | -0.92 | -1.82 |
EPS Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Free Cash Flow | -261.38 | -171.6 | -114.67 | -111.79 | -122.75 | -221.67 | -290.5 | -292.69 | -331.09 | -327.43 | -345.42 | -347.78 | -342.05 | -397.3 | -350.27 | -361.3 | -316.11 | -253.39 | -248.63 | -81.78 |
Free Cash Flow Per Share | -0.89 | -0.59 | -0.39 | -0.39 | -0.43 | -0.80 | -1.08 | -1.16 | -1.38 | -1.41 | -1.52 | -1.56 | -1.56 | -1.90 | -1.77 | -4.72 | -2.08 | -1.94 | -2.25 | -0.87 |
Gross Margin | 60.66% | 61.53% | 60.00% | 55.59% | 53.88% | 60.74% | 62.33% | 59.03% | 48.79% | -23.89% | -72.26% | -103.72% | -72.30% | 1.96% | 24.61% | 63.22% | 77.04% | 95.55% | 100.00% | 100.00% |
Operating Margin | 10.54% | 14.57% | 14.06% | 7.30% | 9.89% | 22.02% | 14.32% | -4.64% | -18.59% | -249.85% | -289.70% | -573.39% | -466.94% | -280.68% | -379.63% | -168.14% | -207.97% | -554.82% | -551.76% | -194.96% |
Profit Margin | -36.31% | -14.36% | 4.74% | 12.12% | 11.26% | 16.42% | -47.13% | -112.07% | -200.30% | -432.09% | -590.83% | -934.42% | -639.38% | -712.02% | -604.09% | 63.13% | -15.50% | -105.62% | -255.78% | -244.85% |
Free Cash Flow Margin | -52.84% | -30.53% | -19.47% | -19.50% | -21.82% | -37.71% | -59.05% | -74.30% | -107.24% | -286.24% | -369.90% | -545.54% | -525.77% | -396.87% | -412.00% | -375.83% | -407.42% | -644.77% | -626.53% | -117.76% |
EBITDA | 75.73 | 104.24 | 103.98 | 63.25 | 74.82 | 144.7 | 87.55 | 2.05 | -41.42 | -268.79 | -255.86 | -353.01 | -291.81 | -270.72 | -312.21 | -151.26 | -152.16 | -206.97 | -209.46 | -126.16 |
EBITDA Margin | 15.31% | 18.55% | 17.66% | 11.03% | 13.30% | 24.61% | 17.79% | 0.52% | -13.42% | -234.97% | -273.99% | - | - | -270.43% | - | -157.34% | -196.12% | - | - | -181.66% |
D&A For EBITDA | 23.6 | 22.34 | 21.17 | 21.4 | 19.19 | 15.25 | 17.11 | 20.33 | 15.98 | 17.02 | 14.67 | 12.52 | 11.97 | 10.27 | 10.54 | 10.38 | 9.19 | 11.07 | 9.5 | 9.23 |
EBIT | 52.14 | 81.9 | 82.81 | 41.85 | 55.64 | 129.45 | 70.44 | -18.28 | -57.4 | -285.81 | -270.53 | -365.53 | -303.78 | -280.98 | -322.75 | -161.64 | -161.36 | -218.04 | -218.96 | -135.4 |
EBIT Margin | 10.54% | 14.57% | 14.06% | 7.30% | 9.89% | 22.02% | 14.32% | -4.64% | -18.59% | -249.85% | -289.70% | - | - | -280.68% | - | -168.14% | -207.97% | - | - | -194.96% |
Effective Tax Rate | - | 283.84% | 79.52% | - | - | 4.44% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |