This page shows Amarin (AMRN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Amarin has an operating margin of -23.5%, meaning the company retains $-23 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -40.2% the prior year.
Amarin's revenue declined 6.5% year-over-year, from $228.6M to $213.6M. This contraction results in a growth score of 22/100.
Amarin carries a low D/E ratio of 0.46, meaning only $0.46 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.34, Amarin holds $3.34 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 65/100.
Amarin generates a -8.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -16.9% the prior year.
Amarin passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Amarin generates $-0.17 in operating cash flow ($6.7M OCF vs -$38.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Amarin earns $-7167.1 in operating income for every $1 of interest expense (-$50.2M vs $7K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Amarin generated $213.6M in revenue in fiscal year 2025. This represents a decrease of 6.5% from the prior year.
Amarin reported -$38.8M in net income in fiscal year 2025. This represents an increase of 52.8% from the prior year.
Amarin earned $-0.09 per diluted share (EPS) in fiscal year 2025. This represents an increase of 55.0% from the prior year.
Cash & Balance Sheet
Amarin held $134.7M in cash against $0 in long-term debt as of fiscal year 2025.
Amarin had 416M shares outstanding in fiscal year 2025. This represents an increase of 1.1% from the prior year.
Margins & Returns
Amarin's gross margin was 56.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 21.0 percentage points from the prior year.
Amarin's operating margin was -23.5% in fiscal year 2025, reflecting core business profitability. This is up 16.7 percentage points from the prior year.
Amarin's net profit margin was -18.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 17.8 percentage points from the prior year.
Amarin's ROE was -8.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.5 percentage points from the prior year.
Capital Allocation
Amarin invested $19.8M in research and development in fiscal year 2025. This represents a decrease of 5.1% from the prior year.
AMRN Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.2M-0.9% | $49.7M-31.7% | $72.7M+73.1% | $42.0M-32.6% | $62.3M+47.3% | $42.3M-37.3% | $67.5M+19.4% | $56.5M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $23.2M+4.3% | $22.2M-55.9% | $50.4M+100.4% | $25.1M+362.7% | -$9.6M-158.8% | $16.3M-61.9% | $42.8M+34.1% | $31.9M |
| R&D Expenses | $5.4M+27.6% | $4.2M-14.4% | $4.9M-7.5% | $5.3M-11.2% | $6.0M+31.8% | $4.5M-4.3% | $4.7M-15.2% | $5.6M |
| SG&A Expenses | $20.1M+1.8% | $19.7M-49.1% | $38.7M+5.7% | $36.6M-1.1% | $37.0M+0.2% | $36.9M-4.3% | $38.5M-3.4% | $39.9M |
| Operating Income | -$6.3M+43.0% | -$11.1M+30.5% | -$16.0M+4.6% | -$16.8M+68.1% | -$52.5M-108.7% | -$25.2M-4703.1% | -$524K+96.1% | -$13.6M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $371K+198.4% | -$377K-154.7% | $689K-66.7% | $2.1M+260.2% | -$1.3M-135.8% | $3.6M+163.1% | $1.4M+5.5% | $1.3M |
| Net Income | -$1.2M+84.2% | -$7.7M+45.3% | -$14.1M+9.9% | -$15.7M+67.7% | -$48.6M-93.4% | -$25.1M-1751.4% | $1.5M+115.3% | -$10.0M |
| EPS (Diluted) | N/A | $-0.02+33.3% | $-0.03+25.0% | $-0.04 | N/A | $-0.06 | $0.00+100.0% | $-0.02 |
AMRN Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $670.8M+1.7% | $659.8M-1.5% | $670.1M+2.2% | $655.7M-4.3% | $685.3M-8.7% | $750.6M-6.2% | $799.9M+1.2% | $790.0M |
| Current Assets | $649.9M+3.4% | $628.3M+3.5% | $606.8M+5.9% | $573.1M-3.8% | $595.4M-8.4% | $650.2M-7.4% | $701.8M+2.0% | $687.9M |
| Cash & Equivalents | $134.7M+9.7% | $122.8M-17.0% | $147.9M+23.7% | $119.5M-1.3% | $121.0M-22.9% | $156.9M-27.3% | $215.9M+0.9% | $213.9M |
| Inventory | $195.9M+6.1% | $184.7M+7.9% | $171.2M+7.4% | $159.5M-3.9% | $166.0M-25.9% | $224.0M-6.4% | $239.4M-6.2% | $255.3M |
| Accounts Receivable | $126.8M-0.4% | $127.3M+6.9% | $119.1M+11.6% | $106.7M-12.7% | $122.3M+8.6% | $112.6M-8.9% | $123.7M+6.8% | $115.8M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $211.5M+5.3% | $200.9M-2.1% | $205.2M+12.8% | $182.0M-8.6% | $199.2M-9.2% | $219.2M-11.6% | $248.0M+1.6% | $244.1M |
| Current Liabilities | $194.5M+6.7% | $182.2M-2.0% | $185.9M+14.5% | $162.4M-9.7% | $179.9M-10.7% | $201.6M-12.6% | $230.5M+2.7% | $224.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $459.3M+0.1% | $458.9M-1.3% | $464.9M-1.8% | $473.7M-2.6% | $486.2M-8.5% | $531.4M-3.7% | $551.9M+1.1% | $545.9M |
| Retained Earnings | -$1.7B-0.1% | -$1.7B-0.5% | -$1.7B-0.8% | -$1.7B-0.9% | -$1.7B-3.0% | -$1.6B-1.6% | -$1.6B+0.1% | -$1.6B |
AMRN Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $15.3M+220.3% | -$12.7M-176.5% | $16.6M+233.3% | -$12.5M+6.4% | -$13.3M-464.0% | -$2.4M+14.2% | -$2.7M+78.2% | -$12.6M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$3.5M+71.0% | -$12.1M-197.7% | $12.4M+2.9% | $12.1M+152.8% | -$22.8M+59.6% | -$56.6M-1304.5% | $4.7M-83.7% | $28.7M |
| Financing Cash Flow | -$4K+98.4% | -$248K+62.6% | -$663K+40.8% | -$1.1M-6682.4% | $17K+125.0% | -$68K-300.0% | $34K+102.4% | -$1.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AMRN Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.1%+2.4pp | 44.7%-24.5pp | 69.2%+9.4pp | 59.8%+75.2pp | -15.3%-53.8pp | 38.5%-24.9pp | 63.4%+6.9pp | 56.5% |
| Operating Margin | -12.9%+9.5pp | -22.4%-0.4pp | -22.0%+17.9pp | -39.9%+44.4pp | -84.3%-24.8pp | -59.5%-58.7pp | -0.8%+23.3pp | -24.0% |
| Net Margin | -2.5%+13.1pp | -15.6%+3.9pp | -19.4%+17.9pp | -37.4%+40.7pp | -78.0%-18.6pp | -59.4%-61.7pp | 2.3%+19.9pp | -17.6% |
| Return on Equity | -0.3%+1.4pp | -1.7%+1.4pp | -3.0%+0.3pp | -3.3%+6.7pp | -10.0%-5.3pp | -4.7%-5.0pp | 0.3%+2.1pp | -1.8% |
| Return on Assets | -0.2%+1.0pp | -1.2%+0.9pp | -2.1%+0.3pp | -2.4%+4.7pp | -7.1%-3.7pp | -3.4%-3.5pp | 0.2%+1.5pp | -1.3% |
| Current Ratio | 3.34-0.1 | 3.45+0.2 | 3.26-0.3 | 3.53+0.2 | 3.31+0.1 | 3.23+0.2 | 3.04-0.0 | 3.07 |
| Debt-to-Equity | 0.46+0.0 | 0.440.0 | 0.44+0.1 | 0.38-0.0 | 0.410.0 | 0.41-0.0 | 0.450.0 | 0.45 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Amarin's annual revenue?
Amarin (AMRN) reported $213.6M in total revenue for fiscal year 2025. This represents a -6.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Amarin's revenue growing?
Amarin (AMRN) revenue declined by 6.5% year-over-year, from $228.6M to $213.6M in fiscal year 2025.
Is Amarin profitable?
No, Amarin (AMRN) reported a net income of -$38.8M in fiscal year 2025, with a net profit margin of -18.2%.
What is Amarin's gross margin?
Amarin (AMRN) had a gross margin of 56.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Amarin's operating margin?
Amarin (AMRN) had an operating margin of -23.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Amarin's net profit margin?
Amarin (AMRN) had a net profit margin of -18.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Amarin's return on equity (ROE)?
Amarin (AMRN) has a return on equity of -8.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Amarin's operating cash flow?
Amarin (AMRN) generated $6.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Amarin's total assets?
Amarin (AMRN) had $670.8M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Amarin spend on research and development?
Amarin (AMRN) invested $19.8M in research and development during fiscal year 2025.
What is Amarin's current ratio?
Amarin (AMRN) had a current ratio of 3.34 as of fiscal year 2025, which is generally considered healthy.
What is Amarin's debt-to-equity ratio?
Amarin (AMRN) had a debt-to-equity ratio of 0.46 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Amarin's return on assets (ROA)?
Amarin (AMRN) had a return on assets of -5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Amarin's Piotroski F-Score?
Amarin (AMRN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Amarin's earnings high quality?
Amarin (AMRN) has an earnings quality ratio of -0.17x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Amarin cover its interest payments?
Amarin (AMRN) has an interest coverage ratio of -7167.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Amarin?
Amarin (AMRN) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.