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Emergent BioSolutions Inc.

Emergent BioSolutions Inc.

NYSE•EBS
CEO: Mr. Richard S. Lindahl M.B.A.
Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Listing Date: 2006-11-15
Emergent BioSolutions Inc., a life sciences company, provides preparedness and response solutions for accidental, deliberate, and naturally occurring public health threats in the United States. The company offers NARCAN Nasal Spray for the emergency treatment of known or suspected opioid overdose; Vaxchora vaccine for the prevention of cholera; Vivotif vaccine for oral administration for the prevention of typhoid fever; Anthrasil for the treatment of inhalational anthrax; BioThrax, an anthrax vaccine; CYFENDUS for post-exposure prophylaxis of disease following suspected or confirmed exposure to Bacillus anthracis; and Raxibacumab injection for the treatment and prophylaxis of inhalational anthrax. It also provides ACAM2000, a smallpox vaccine; CNJ-016 to address complications from smallpox vaccination; TEMBEXA for the treatment of smallpox disease caused by variola virus in adult and pediatric patients; BAT for the treatment of symptomatic botulism; Ebanga for the treatment of Ebola; Reactive Skin Decontamination Lotion Kit to remove or neutralize chemical warfare agents from the skin; Trobigard, a atropine sulfate obidoxime chloride auto-injector. In addition, the company is developing CGRD-001 for the treatment of poisoning by organophosphorus nerve agents or organophosphorus compounds; EBS-LASV to prevent Lassa fever; EBS-MARV to prevent Marburg virus disease; EBS-SUDV to prevent Sudan virus disease; Pan-Ebola mAbs for the treatment of ebola virus; SIAN Antidote for initial treatment of certain or suspected acute cyanide poisoning; UniFlu for immunity against influenza A and B viruses; and WEVEE-VLP for equine encephalitis virus infections. Further, it provides contract development and manufacturing services comprising drug substance and product manufacturing, and packaging, as well as technology transfer, process, and analytical development services. The company was incorporated in 1998 and is headquartered in Gaithersburg, Maryland.
Contact Information
400 Professional Drive, Suite 400, Gaithersburg, MD, 20879, United States
240-631-3200
www.emergentbiosolutions.com
Market Cap
$665.82M
P/E (TTM)
8.7
25.4
Dividend Yield
--
52W High
$13.41
52W Low
$4.02
52W Range
90%
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$231.10M-21.34%
4-Quarter Trend

EPS

$0.96-55.56%
4-Quarter Trend

FCF

-$5.70M-103.85%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Months Profitability Reversal Net income $107.2M for nine months, reversing prior $(159.3)M loss; operating income $128.0M.
Revenue Decline Continues Total revenues fell 30% to $594.2M for nine months, driven by Commercial Product sales drop.
Operating Cost Reduction SG&A expenses dropped 45% to $135.0M for nine months, reflecting restructuring benefits realized.
Stronger Cash Position Total cash, cash equivalents increased 136% to $249.2M, providing strong liquidity buffer post-restructuring.

Risk Factors

Divestiture Benefit Realization Uncertainty remains regarding realizing expected benefits from recent sales of travel health business and facilities.
USG Funding Dependency Availability of USG funding for MCM product procurement contracts remains a critical factor for revenue.
Litigation Settlement Impact Settlement of $40.0M for Federal Securities Class Action recorded in 2024 impacts prior period results.
Warrant Liability Fluctuations Fair value changes in warrant liability cause material swings in "Other, net" income/expense line items.

Outlook

KLOXXADO Integration Focus Commercial Products segment focuses on integrating KLOXXADO® exclusive rights for US and Canadian sales.
Capital Allocation Strategy Board authorized $50.0M share repurchase program; $15.8M utilized through September 30, 2025.
Debt Management Activities Company repurchased $6.9M principal of Senior Unsecured Notes, recognizing $1.1M gain on extinguishment.
Core PHT Focus Maintained Management continues focus on four PHT categories: CBRNE, EID, health crises, and acute care solutions.

Peer Comparison

Revenue (TTM)

Emergent BioSolutions Inc.EBS
$783.50M
-30.4%
Organogenesis Holdings Inc.ORGO
$429.53M
-4.2%
Evolus, Inc.EOLS
$277.49M
+17.3%

Gross Margin (Latest Quarter)

Alumis Inc.ALMS
100.0%
+0.0 pp
Rigel Pharmaceuticals, Inc.RIGL
95.6%
+3.2 pp
Esperion Therapeutics, Inc.ESPR
75.0%
-3.9 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PACB$702.87M-1.3-189.2%84.7%
EBS$665.82M8.714.1%45.4%
ESPR$598.60M-6.123.7%42.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+6.9%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 30, 2025|
    Revenue: $231.10M-21.3%
    |
    EPS: $0.96-55.6%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 7, 2025|
    Revenue: $140.90M-44.7%
    |
    EPS: $-0.22-95.9%
    Meet
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 8, 2025|
    Revenue: $222.20M-26.0%
    |
    EPS: $1.25+635.3%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 4, 2025|
    Revenue: $1.04B-0.5%
    |
    EPS: $-3.60+75.8%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $293.80M+8.6%
    |
    EPS: $2.16-142.1%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 7, 2024|
    Revenue: $254.70M-24.6%
    |
    EPS: $-5.38+4.5%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 2, 2024|
    Revenue: $300.40M+82.0%
    |
    EPS: $0.17-104.7%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 8, 2024|
    Revenue: $1.05B-6.4%
    |
    EPS: $-14.85-232.2%
    Miss