Amarin (NASDAQ: AMRN) cuts losses, ends 2025 with cash and no debt
Rhea-AI Filing Summary
Amarin Corporation plc reported fourth-quarter 2025 net revenue of $49.2 million, down 21% from a year earlier, but sharply narrowed its net loss to $1.2 million. Operating loss improved to $6.3 million from $52.5 million as restructuring and cost-cutting lowered expenses.
Product revenue declined across the U.S., Europe and Rest-of-World, while licensing and royalty revenue rose to $2.7 million. Amarin realized $31 million of an expected $70 million in restructuring-related cost savings and ended 2025 with $302.6 million in cash and investments and no debt.
For full-year 2025, net revenue was $213.6 million and GAAP net loss was $38.8 million, but non-GAAP adjusted net income reached $16.2 million. Management highlighted a return to positive cash flow in the fourth quarter and a long-term European licensing and supply agreement for VAZKEPA® with Recordati.
Positive
- None.
Negative
- None.
Insights
Amarin trades revenue pressure for cost-driven margin recovery.
Amarin’s quarter shows a classic restructuring story: top line softness but major improvement in profitability. Net revenue fell 21% to $49.2 million, yet operating loss shrank to $6.3 million from $52.5 million as COGS and SG&A dropped sharply.
The Global Restructuring Plan and Recordati licensing shift Europe from a direct-sales model to a partnered supply-and-royalty structure. That reduces operating expense and risk but also means lower reported product revenue, with more emphasis on royalties and supply shipments.
For 2025 overall, GAAP net loss was $38.8 million, while non-GAAP adjusted net income reached $16.2 million. Cash and investments of $302.6 million with no debt and a return to positive cash flow in Q4 provide a financial cushion as Amarin executes its leaner model and partnered European strategy into 2026.
8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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Item 2.02. Results of Operations and Financial Condition.
On February 25, 2026, Amarin Corporation plc (“Amarin”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2025 and 2024 (the “Press Release”). A copy of the Press Release is furnished herewith as Exhibit 99.1.
The information in this report furnished pursuant to Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), if such subsequent filing specifically references the information furnished pursuant to Item 2.02 of this report.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
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Description |
99.1 |
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Press Release (results of operations), dated February 25, 2026 (furnished herewith) |
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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* * *
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: February 25, 2026 |
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Amarin Corporation plc |
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By: |
/s/ Aaron Berg
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Aaron Berg |
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President and Chief Executive Officer |
Exhibit 99.1
Amarin Reports Fourth Quarter and Full Year 2025 Financial Results
Strategic Initiatives and Refined Business Model Produced Financial and Operating Efficiencies
Established Long-Term License and Supply Agreement to Commercialize VAZKEPA® Across Europe and Sustained U.S. Market Leadership for VASCEPA® Franchise
Total of 45 Publications (Abstracts, Posters, Manuscripts) Furthering the Expansion of the VASCEPA® /VAZKEPA® (icosapent ethyl) Body of Knowledge Supported in 2025
DUBLIN, Ireland and BRIDGEWATER, N.J., February 25, 2026 -- Amarin Corporation plc (NASDAQ: AMRN), a company committed to advancing the science of cardiovascular disease worldwide, today announced financial results for the fourth quarter and full year ended December 31, 2025.
“Our performance in the fourth quarter and full year of 2025 confirmed both the initial impact and long-term potential of our strategic initiatives and re-imagined operating model,” said Aaron Berg, President and Chief Executive Officer of Amarin. “We have entered 2026 from an improved position of market, operational, and financial strength. We have maintained our U.S. leading market share for VASCEPA and are actively expanding our presence in Europe for VAZKEPA via our long-term partnership agreement with Recordati S.p.A., strengthening our now fully partnered international commercial strategy. We are a leaner organization, having made great progress in reducing costs and narrowing our losses, while continuing to invest in expanding an already formidable body of scientific knowledge that supports our global VASCEPA/VAZKEPA franchise and its proven ability to reduce cardiovascular risk. While work remains, we are encouraged by our progress and continue to examine strategic actions to maximize future shareholder value and options regarding management of capital.”
Q4 2025 Financial Highlights
($ in millions) |
Q4 2025 |
Q4 2024 |
% Change |
Total Net Revenue |
$49.2 |
$62.3 |
(21%) |
Operating Expenses |
$29.5 |
$43.0 |
(31%) |
Operating Loss |
$(6.3) |
$(52.5) |
(88%) |
Operating Margin %* |
(13%) |
(84%) |
NM |
Net Loss |
$(1.2) |
$(48.6) |
(97%) |
Net Margin |
(2%) |
(78%) |
NM |
Cash |
$302.6 |
$294.2 |
|
*Operating margin is calculated as operating loss divided by total net revenue
NM – Not Meaningful
Peter Fishman, Amarin’s Chief Financial Officer, said, “Our fourth quarter performance reflects our early success in optimizing the Company’s operations and creating what we believe is a more efficient platform for long-term growth. We realized $31 million of the expected $70 million in cost savings from our restructuring initiatives and
have incurred nearly all of the $37 - $40 million in restructuring costs. Our cash position improved sequentially and year over year, ending 2025 with total cash and investments of $303 million and no debt. As a direct result of our continued revenue generation and new financial operating profile, our return to positive cash flow in the fourth quarter was ahead of schedule and has positioned us to generate positive cash flow for the full year ahead. We are well positioned to deliver on our operational and strategic priorities in 2026.”
Q4 2025 Financial Performance
Comparisons to Q4 2024, unless otherwise stated
Revenues
($ in millions) |
Q4 2025 |
Q4 2024 |
% Change |
Product Revenue, net: |
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U.S. |
$41.1 |
$44.2 |
(7%) |
Europe |
$2.3 |
$4.0 |
(42%) |
Rest-of-World (ROW) |
$3.1 |
$11.9 |
(74%) |
Total Product Revenue, net |
$46.5 |
$60.1 |
(23%) |
Licensing & Royalties |
$2.7 |
$2.2 |
20% |
Total Net Revenue |
$49.2 |
$62.3 |
(21%) |
NM – Not Meaningful
Total Net Revenue: Decreased $13.1 million, or 21%, due primarily to a decline in ROW sales that reflected a $7.8 million stocking order in last year’s fourth quarter in preparation for a market launch, a decline in net selling price in the U.S., and the effects of the transition of our European sales activities to Recordati that included both supply shipments and direct sales in the 2025 fourth quarter. European sales in the fourth quarter of 2024 included direct sales only; once the transition to a fully partnered sales model is complete, European sales will consist only of supply shipments to Recordati. Royalties increased by $0.5 million due to higher in-market sales generated by our global partners.
Operating Expenses
Comparisons to Q4 2024, unless otherwise stated
($ in millions) |
Q4 2025 |
Q4 2024 |
% Change |
COGS |
$26.1 |
$71.9 |
(64%) |
SG&A |
$20.1 |
$37.0 |
(46%) |
R&D |
$5.4 |
$6.0 |
(10%) |
Restructuring |
$4.1 |
-- |
NM |
Total Operating Expenses* |
$29.5 |
$43.0 |
(31%) |
* Total operating expenses reflect the sum of SG&A, R&D, and Restructuring expenses.
NM – Not Meaningful
Total Operating Expenses: Decreased $13.5 million, or 31%, primarily due to the impact of the June 2025 Global Restructuring Plan that produced declines in Selling, General, and Administrative expenses (SG&A). Excluding the restructuring charge of $4.1 million (see discussion below), Q4 2025 total operating expenses were $25.4 million, representing a decline of 41%.
COGS: Decreased $45.8 million, or 64%. COGS in Q4 2024 included a one-time inventory restructuring charge of $36.5 million related to the Company’s efforts to amend supplier agreements to align with then current and expected future demand and a one-time inventory write-off. Excluding these one-time charges, Q4 2025 COGS decreased $2.8 million, or 10%, primarily due to lower net product sales.
SG&A: Decreased $16.9 million, or 46%, primarily due to a reduction in costs pursuant to the Global Restructuring Plan and other cost optimization initiatives.
R&D: Consistent with the prior year period.
Restructuring: The Company recognized $4.1 million in Q4 2025 related to the continued implementation of the Global Restructuring Plan associated with the execution of the Recordati Licensing Agreement announced in June 2025. This resulted in the elimination of commercial roles in the Company’s Europe operations, among other operating expense savings across the Company’s global operations. The Company incurred $36.2 million of restructuring charges in full year 2025 and continues to expect total restructuring charges to range from $37 to $40 million, with the remaining charges expected to be realized in early 2026.
Additional Q4 2025 Financial Information
Comparisons to Q4 2024, unless otherwise stated
Operating Loss: Narrowed to $6.3 million from an operating loss of $52.5 million, an improvement of $46.2 million, or 88%. Operating loss in Q4 2025 included restructuring costs of $4.1 million compared to $36.5 million in Q4 2024.
Net Loss: Improved to $(1.2) million, or $(0.00) per share, from a net loss of $(48.6) million, or $(0.12) per share.
Cash: Reported aggregate cash and investments of $302.6 million, as of December 31, 2025, compared to $294.2 million as of December 31, 2024, reflecting a year-over-year increase of $8.4 million, and compared to $286.6 million as of September 30, 2025, reflecting a sequential increase of $16.0 million.
Debt: Remained debt free as of December 31, 2025.
Fourth Quarter and Full Year 2025 Earnings Conference Call and Webcast Information
Amarin will host a conference call on February 25, 2026, at 8:00 a.m. ET to discuss this information. The conference call can be accessed on the investor relations section of the Company's website at www.amarincorp.com, or via telephone by dialing 888-506-0062 within the United States, 973-528-0011 from outside the United States, and referencing conference ID 675507. A replay of the webcast will be made available until August 25,2026. To listen to a replay of the call, dial 877-481-4010 from within the United States and 919-882-2331 from outside of the United States, and reference conference ID 53567. A replay of the call will also be available through the Company's website shortly after the call.
About Amarin
Amarin is a global pharmaceutical company committed to reducing the cardiovascular disease (CVD) burden for patients and communities and to advancing the science of cardiovascular care around the world. We own and support a global branded product approved by multiple regulatory authorities based on a track record of proven efficacy and safety and backed by robust clinical trial evidence. Our commercialization model includes a direct sales approach in the U.S. and an indirect distribution strategy internationally, through a syndicate of reputable and well-established partners with significant geographic expertise, covering close to 100 markets worldwide. Our success is driven by a dedicated, talented, and highly skilled team of experts passionate about the fight against the world’s leading cause of death, CVD.
About VASCEPA®/VAZKEPA® (icosapent ethyl) Capsules
VASCEPA (icosapent ethyl) capsules are the first prescription treatment approved by the U.S. Food and Drug Administration (FDA) comprised solely of the active ingredient, icosapent ethyl (IPE), a unique form of eicosapentaenoic acid. VASCEPA was launched in the United States in January 2020 as the first drug approved by the U.S. FDA for treatment of the studied high-risk patients with persistent cardiovascular risk despite being on statin therapy. VASCEPA was initially launched in the United States in 2013 based on the drug’s initial FDA approved indication for use as an adjunct therapy to diet to reduce triglyceride levels in adult patients with severe (≥500 mg/dL) hypertriglyceridemia. Since launch, VASCEPA has been prescribed more than twenty-five million times. VASCEPA is covered by most major medical insurance plans. In addition to the United States, VASCEPA is approved and sold in Canada, China, Australia, Lebanon, the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, and Kuwait. In Europe, in March 2021 marketing authorization was granted to icosapent ethyl in the European Union for the reduction of risk of cardiovascular events in patients at high cardiovascular risk, under the brand name VAZKEPA. In April 2021 marketing authorization for VAZKEPA (icosapent ethyl) was granted in the United Kingdom (applying to England, Scotland, Wales, and Northern Ireland). VAZKEPA (icosapent ethyl) is currently approved and sold in Europe in Sweden, Finland, England/Wales, Spain, Netherlands, Scotland, Greece, Portugal, Italy, Denmark and Austria.
United States
Indications and Limitation of Use
VASCEPA is indicated:
The effect of VASCEPA on the risk for pancreatitis in patients with severe hypertriglyceridemia has not been determined.
Important Safety Information
FULL U.S. FDA-APPROVED VASCEPA PRESCRIBING INFORMATION CAN BE FOUND AT WWW.VASCEPA.COM.
Europe
For further information about the Summary of Product Characteristics (SmPC) for VAZKEPA® in Europe, please visit: https://www.ema.europa.eu/en/documents/product-information/vazkepa-epar-product-information_en.pdf
Globally, prescribing information varies; refer to the individual country product label for complete information.
Use of Non-GAAP Adjusted Financial Information
Included in this press release are non-GAAP adjusted financial information as defined by U.S. Securities and Exchange Commission Regulation G. The GAAP financial measure is most directly comparable to each non-GAAP adjusted financial measure used or discussed, and a reconciliation of the differences between each non-GAAP adjusted financial measure and the comparable GAAP financial measure, is included in this press release after the condensed consolidated financial statements.
Non-GAAP adjusted net (loss) income was derived by taking GAAP net loss and adjusting it for non-cash stock-based compensation expense, restructuring expense and other one-time expenses. Management uses these non-GAAP adjusted financial measures for internal reporting and forecasting purposes, when publicly providing its business outlook, to evaluate the company’s performance and to evaluate and compensate the company’s executives. The company has provided these non-GAAP financial measures in addition to GAAP financial results because it believes that these non-GAAP adjusted financial measures provide investors with a better understanding of the company’s historical results from its core business operations.
While management believes that these non-GAAP adjusted financial measures provide useful supplemental information to investors regarding the underlying performance of the company’s business operations, investors are reminded to consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures prepared in accordance with GAAP. Non-GAAP measures have limitations in that they do not reflect all the amounts associated with the company’s results of operations as determined in accordance with GAAP. In addition, it should be noted that these non-GAAP financial measures may be different from non-GAAP measures used by other companies, and management may utilize other measures to illustrate performance in the future.
Forward-Looking Statements
This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including beliefs about Amarin’s key achievements in 2025 and the potential impact and outlook for achievements in 2026 and beyond; Amarin’s 2026 financial outlook and cash position; Amarin’s overall efforts to expand access and reimbursement to VAZKEPA across global markets; expectations regarding potential strategic collaboration and licensing agreements with third parties, including our ability to attract additional collaborators, as well as our plans and strategies for entering into potential strategic
collaboration and licensing agreements and the overall potential and future success of VASCEPA/VAZKEPA and Amarin that are based on the beliefs and assumptions and information currently available to Amarin.
All statements other than statements of historical fact contained in this press release are forward-looking statements. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. A further list and description of these risks, uncertainties and other risks associated with an investment in Amarin can be found in Amarin's filings with the U.S. Securities and Exchange Commission. Amarin’s annual report on Form 10-K for the fiscal year ended 2025 will also be accessible there later this week. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Amarin undertakes no obligation to update or revise the information contained in its forward-looking statements, whether as a result of new information, future events or circumstances or otherwise. Amarin’s forward-looking statements do not reflect the potential impact of significant transactions the company may enter into, such as mergers, acquisitions, dispositions, joint ventures or any material agreements that Amarin may enter into, amend or terminate. Investors and others should note that Amarin communicates with its investors and the public using the company website (www.amarincorp.com), the investor relations website (www.amarincorp.com/investor-relations), including but not limited to investor presentations and investor FAQs, U.S. Securities and Exchange Commission filings, press releases, public conference calls and webcasts.
Amarin Contact Information
Media Inquiries:
Tegan Berry
Amarin Corporation plc
PR@amarincorp.com
Investor Inquiries:
Devin Sullivan & Conor Rodriguez
The Equity Group on Behalf of Amarin
devin.sullivan.ext@amarincorp.com or conor.rodriguez.ext@amarincorp.com
Investor.relations@amarincorp.com
-Tables to Follow-
CONSOLIDATED BALANCE SHEET DATA |
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(U.S. GAAP) |
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Unaudited * |
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December 31, 2025 |
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December 31, 2024 |
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(in thousands) |
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ASSETS |
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Current Assets: |
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Cash and cash equivalents |
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$ |
134,660 |
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$ |
121,038 |
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Restricted cash |
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201 |
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300 |
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Short-term investments |
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167,929 |
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173,182 |
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Accounts receivable, net |
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126,832 |
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122,279 |
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Inventory |
|
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195,910 |
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166,048 |
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Prepaid and other current assets |
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24,350 |
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12,552 |
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Total current assets |
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649,882 |
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595,399 |
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Property, plant and equipment, net |
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12 |
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16 |
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Long-term inventory |
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— |
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64,740 |
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Operating lease right-of-use asset |
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6,461 |
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7,592 |
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Other long-term assets |
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1,055 |
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1,213 |
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Intangible asset, net |
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13,365 |
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16,389 |
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TOTAL ASSETS |
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$ |
670,775 |
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$ |
685,349 |
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LIABILITIES AND STOCKHOLDERS’ EQUITY |
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Current Liabilities: |
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Accounts payable |
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$ |
45,355 |
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$ |
40,366 |
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Accrued expenses and other current liabilities |
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149,104 |
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139,583 |
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Total current liabilities |
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194,459 |
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179,949 |
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Long-Term Liabilities: |
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Long-term operating lease liability |
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6,080 |
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7,723 |
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Other long-term liabilities |
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10,955 |
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11,501 |
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Total liabilities |
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211,494 |
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199,173 |
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Stockholders’ Equity: |
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Common stock |
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310,184 |
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305,298 |
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Additional paid-in capital |
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1,923,801 |
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1,914,750 |
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Treasury stock |
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(67,360 |
) |
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(65,326 |
) |
Accumulated deficit |
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(1,707,344 |
) |
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(1,668,546 |
) |
Total stockholders’ equity |
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459,281 |
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486,176 |
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TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |
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$ |
670,775 |
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$ |
685,349 |
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* Unaudited as a standalone schedule; copied from consolidated financial statements |
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CONSOLIDATED STATEMENTS OF OPERATIONS DATA |
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(U.S. GAAP) |
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Unaudited * |
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Three Months Ended December 31, |
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Year Ended December 31, |
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(in thousands, except per share amounts) |
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(in thousands, except per share amounts) |
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2025 |
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2024 |
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2025 |
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2024 |
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Product revenue, net |
$ |
46,543 |
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$ |
60,068 |
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$ |
182,753 |
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$ |
204,590 |
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Licensing and royalty revenue |
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2,676 |
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2,238 |
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30,893 |
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24,024 |
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Total revenue, net |
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49,219 |
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62,306 |
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213,646 |
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228,614 |
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Less: Cost of goods sold |
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26,050 |
|
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35,399 |
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92,778 |
|
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110,758 |
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Less: Cost of goods sold - restructuring inventory |
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— |
|
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36,474 |
|
|
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— |
|
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36,474 |
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Gross margin |
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23,169 |
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(9,567 |
) |
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120,868 |
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81,382 |
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Operating expenses: |
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Selling, general and administrative (1) |
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20,059 |
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36,970 |
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115,003 |
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152,310 |
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Research and development (1) |
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5,371 |
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5,985 |
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19,806 |
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20,869 |
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Restructuring |
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4,064 |
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— |
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36,229 |
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— |
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Total operating expenses |
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29,494 |
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|
42,955 |
|
|
|
171,038 |
|
|
|
173,179 |
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Operating loss |
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(6,325 |
) |
|
|
(52,522 |
) |
|
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(50,170 |
) |
|
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(91,797 |
) |
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Interest income |
|
2,570 |
|
|
|
3,371 |
|
|
|
10,853 |
|
|
|
13,403 |
|
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Interest expense |
|
(1 |
) |
|
|
(3 |
) |
|
|
(7 |
) |
|
|
(7 |
) |
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Other income (expense), net |
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2,904 |
|
|
|
(753 |
) |
|
|
3,276 |
|
|
|
1,201 |
|
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Loss from operations before taxes |
|
(852 |
) |
|
|
(49,907 |
) |
|
|
(36,048 |
) |
|
|
(77,200 |
) |
|
(Provision for) benefit from income taxes |
|
(372 |
) |
|
|
1,289 |
|
|
|
(2,750 |
) |
|
|
(4,983 |
) |
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Net loss |
$ |
(1,224 |
) |
|
$ |
(48,618 |
) |
|
$ |
(38,798 |
) |
|
$ |
(82,183 |
) |
|
Loss per share: |
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|
|
|||||
Basic |
$ |
(0.00 |
) |
|
$ |
(0.12 |
) |
|
$ |
(0.09 |
) |
|
$ |
(0.20 |
) |
|
Diluted |
$ |
(0.00 |
) |
|
$ |
(0.12 |
) |
|
$ |
(0.09 |
) |
|
$ |
(0.20 |
) |
|
Weighted average shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|||||
Basic |
|
416,000 |
|
|
|
411,293 |
|
|
|
414,984 |
|
|
|
410,937 |
|
|
Diluted |
|
416,000 |
|
|
|
411,293 |
|
|
|
414,984 |
|
|
|
410,937 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
* Unaudited as a standalone schedule; copied from consolidated financial statements |
|
|||||||||||||||
(1) |
Excluding non-cash stock-based compensation, selling, general and administrative expenses were $105,759 and $138,144 for the years ended December 31, 2025 and 2024, respectively, and research and development expenses were $17,345 and $17,330, respectively, for the same periods. |
|
||||||||||||||
|
|
|
||||||||||||||
RECONCILIATION OF NON-GAAP NET (LOSS) INCOME |
|
|||||||||||||||||||
Unaudited |
|
|||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Three months ended December 31, |
|
|
Year Ended December 31, |
|
||||||||||||||
|
|
(in thousands, except per share amounts) |
|
|
(in thousands, except per share amounts) |
|
||||||||||||||
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Net (loss) income for EPS - GAAP |
|
$ |
(1,224 |
) |
|
|
$ |
(48,618 |
) |
|
|
$ |
(38,798 |
) |
|
|
$ |
(82,183 |
) |
|
|
Stock-based compensation expense |
|
|
1,559 |
|
|
|
|
3,400 |
|
|
|
|
11,705 |
|
|
|
|
17,705 |
|
|
Restructuring expense |
|
4,064 |
|
|
|
|
— |
|
|
|
|
36,229 |
|
|
|
|
— |
|
|
|
Restructuring Inventory |
|
|
— |
|
|
|
|
36,474 |
|
|
|
|
— |
|
|
|
|
36,474 |
|
|
ADS Ratio Change Fees |
|
|
— |
|
|
|
|
— |
|
|
|
|
2,015 |
|
|
|
|
— |
|
|
Licensing Agreement Fees |
|
|
— |
|
|
|
|
— |
|
|
|
|
5,038 |
|
|
|
|
— |
|
Adjusted net (loss) income for EPS - non-GAAP |
|
$ |
4,399 |
|
|
|
$ |
(8,744 |
) |
|
|
$ |
16,189 |
|
|
|
$ |
(28,004 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Basic and diluted |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
(Loss) earnings per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Basic - non-GAAP |
|
$ |
0.01 |
|
|
|
$ |
(0.02 |
) |
|
|
$ |
0.04 |
|
|
|
$ |
(0.07 |
) |
|
Diluted - non-GAAP |
|
$ |
0.01 |
|
|
|
$ |
(0.02 |
) |
|
|
$ |
0.04 |
|
|
|
$ |
(0.07 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Weighted average shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Basic |
|
|
416,000 |
|
|
|
|
411,293 |
|
|
|
|
414,984 |
|
|
|
|
410,937 |
|
|
Diluted |
|
|
433,019 |
|
|
|
|
411,293 |
|
|
|
|
427,104 |
|
|
|
|
410,937 |
|
|
FAQ
How did Amarin (AMRN) perform financially in Q4 2025?
Amarin’s Q4 2025 net revenue was $49.2 million, down 21% year over year, but net loss improved to $1.2 million. Operating loss narrowed sharply to $6.3 million, reflecting lower cost of goods sold and reduced selling, general and administrative expenses.
What were Amarin’s full-year 2025 results and profitability metrics?
For 2025, Amarin generated net revenue of $213.6 million and a GAAP net loss of $38.8 million. On a non-GAAP basis, adjusting for stock-based compensation and restructuring, the company reported adjusted net income of $16.2 million, indicating an underlying return to profitability.
How strong is Amarin’s (AMRN) balance sheet and cash position at year-end 2025?
Amarin ended December 31, 2025 with cash and investments of $302.6 million and no debt. Cash rose from $294.2 million a year earlier and $286.6 million at September 30, 2025, reflecting improved cash generation and the impact of restructuring initiatives.
What cost savings did Amarin realize from its 2025 Global Restructuring Plan?
Amarin realized $31 million of an expected $70 million in cost savings from its restructuring initiatives during 2025. The company recorded $36.2 million in restructuring charges for the year and expects total charges of $37–40 million, with the remainder in early 2026.
How did Amarin’s regional product revenues change in Q4 2025?
In Q4 2025, U.S. product revenue was $41.1 million, down 7%. Europe generated $2.3 million, down 42%, and Rest-of-World revenue was $3.1 million, down 74%, mainly due to prior-year stocking orders and the European transition to Recordati.
What non-GAAP adjustments does Amarin (AMRN) use in its earnings?
Amarin’s non-GAAP adjusted net income excludes non-cash stock-based compensation, restructuring expenses and other one-time items. For 2025, these adjustments turned a GAAP net loss of $38.8 million into adjusted net income of $16.2 million, which management uses to assess core operations.