Adma Biologics (ADMA) Cost of Revenue (2011 - 2025)

Adma Biologics (ADMA) posted Cost of Revenue of -$162.2 million for Q4 2025, down 376.84% on a QoQ basis from $58.6 million in Q3 2025, and down 179.55% year-over-year from $203.9 million in Q4 2024.

Adma Biologics (ADMA) Cost of Revenue (2011 - 2025) Analysis & Trends

Adma Biologics' Cost of Revenue history runs 13 years deep, the most recent figure standing at -$162.2 million for Q4 2025.

  • Quarterly Cost of Revenue fell 179.55% year-over-year to -$162.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$47.6 million (down 117.88% YoY) and the FY2025 annual result came in at $4.8 million, down 97.66% from the prior year.
  • Cost of Revenue was -$162.2 million for Q4 2025 at Adma Biologics, down from $58.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $203.9 million in Q4 2024 and bottomed at -$162.2 million in Q4 2025.
  • A 5-year average of $22.1 million and a median of $3.0 million in 2021 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2021 — Cost of Revenue slumped 333.42% — and 2024, when it jumped 12786.51%.
  • Adma Biologics' Cost of Revenue stood at -$44.6 million in 2021, then surged by 180.26% to $35.8 million in 2022, then jumped by 362.76% to $165.7 million in 2023, then rose by 23.08% to $203.9 million in 2024, then tumbled by 179.55% to -$162.2 million in 2025.
  • Business Quant data shows ADMA's Cost of Revenue at -$162.2 million in Q4 2025, $58.6 million in Q3 2025, and $54.8 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 167.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 392.80 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 296.00 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 121.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Adma Biologics 1.98 Bn 1.89 Bn 88.82 Mn -162.23 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -162.23 Mn
Dec 31, 2025 -162.23 Mn
Sep 30, 2025 58.60 Mn
Sep 30, 2025 58.60 Mn
Jun 30, 2025 54.76 Mn
Jun 30, 2025 54.76 Mn
Mar 31, 2025 1.29 Mn
Mar 31, 2025 1.29 Mn
Dec 31, 2024 203.93 Mn
Dec 31, 2024 203.93 Mn
Sep 30, 2024 60.18 Mn
Sep 30, 2024 60.18 Mn
Jun 30, 2024 942,000.00
Jun 30, 2024 942,000.00
Mar 31, 2024 1.01 Mn
Mar 31, 2024 1.01 Mn
Dec 31, 2023 165.69 Mn
Dec 31, 2023 165.69 Mn
Sep 30, 2023 467,000.00
Sep 30, 2023 467,000.00