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Assertio (ASRT) Financials

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$23.50 0.00 (0.00%)
As of 06/17/2026
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Annual Income Statements for Assertio

Annual Income Statements for Assertio

This table shows Assertio's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -217 -28 -1.28 110 -332 -22 -30
Consolidated Net Income / (Loss)		 -217 -28 -1.28 110 -332 -22 -30
Net Income / (Loss) Continuing Operations		 -217 -28 -1.28 110 -332 -22 -30
Total Pre-Tax Income 		-222 -46 -0.55 31 -254 -22 -30
Total Operating Income		 -194 -82 9.42 39 -244 -24 -22
Total Gross Profit		 220 86 95 137 125 86 83
Total Revenue		 230 106 111 156 152 125 119
Operating Revenue		 230 106 111 156 152 125 119
Total Cost of Revenue		 9.51 20 16 19 27 39 35
Operating Cost of Revenue		 9.51 20 16 19 27 39 35
Total Operating Expenses		 414 169 86 98 369 110 105
Selling, General & Admin Expense		 109 104 53 47 79 75 69
Research & Development Expense		 10 4.21 - 0.00 2.84 3.82 1.69
Amortization Expense		 102 25 28 33 28 26 30
Impairment Charge		 190 17 - 0.00 280 5.22 1.70
Restructuring Charge		 3.89 18 1.09 0.00 5.48 0.72 2.89
Other Special Charges / (Income)		 - - 3.91 19 -26 -0.24 -0.28
Total Other Income / (Expense), net		 -28 37 -9.98 -8.24 -11 2.95 -8.40
Interest Expense		 32 72 10 7.96 13 3.04 3.08
Interest & Investment Income		 - - - - 2.40 3.22 2.67
Other Income / (Expense), net		 3.95 109 0.24 -0.28 0.38 2.77 -7.99
Income Tax Expense		 -5.28 -17 0.73 -78 78 0.05 0.44
Basic Earnings per Share		 ($3.07) ($1.07) ($0.03) $2.33 ($4.67) ($3.40) ($4.74)
Weighted Average Basic Shares Outstanding		 70.72M 26.21M 43.17M 47.00M 71.03M 6.35M 6.40M
Diluted Earnings per Share		 ($3.07) ($1.07) ($0.03) $2.03 ($4.67) ($3.40) ($4.74)
Weighted Average Diluted Shares Outstanding		 70.72M 26.21M 43.17M 54.67M 71.03M 6.35M 6.40M
Weighted Average Basic & Diluted Shares Outstanding		 - 173.44M 45.33M 55.58M 95.00M 95.77M 6.45M

Quarterly Income Statements for Assertio

This table shows Assertio's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -280 -57 -4.51 -3.67 -2.92 -10 -14 -16 11 -12 -19
Consolidated Net Income / (Loss)		 -280 -57 -4.51 -3.67 -2.92 -10 -14 -16 11 -12 -19
Net Income / (Loss) Continuing Operations		 -280 -57 -4.51 -3.67 -2.92 -10 -14 -16 11 -12 -19
Total Pre-Tax Income 		-229 -32 -4.38 -3.53 -2.88 -11 -13 -16 11 -12 -19
Total Operating Income		 -228 -32 -4.34 -3.62 -3.05 -13 -13 -8.04 11 -12 -18
Total Gross Profit		 29 23 21 22 22 21 19 19 36 10 7.22
Total Revenue		 36 33 32 31 29 32 26 29 49 14 9.93
Operating Revenue		 36 33 32 31 29 32 26 29 49 14 9.93
Total Cost of Revenue		 7.06 9.72 11 8.89 7.55 12 7.79 11 14 3.27 2.71
Operating Cost of Revenue		 7.06 9.72 11 8.89 7.55 12 7.79 11 14 3.27 2.71
Total Operating Expenses		 257 56 26 26 25 34 32 27 24 22 26
Selling, General & Admin Expense		 21 24 19 18 17 21 22 17 17 13 19
Research & Development Expense		 1.32 1.02 0.73 0.80 1.01 1.29 0.44 0.39 0.38 0.49 0.45
Amortization Expense		 10 4.78 5.63 6.67 6.67 6.67 9.23 9.23 5.59 5.80 5.80
Restructuring Charge		 3.03 2.44 0.72 0.00 0.00 - 0.29 0.00 0.00 2.60 0.00
Total Other Income / (Expense), net		 -0.61 0.42 -0.04 0.09 0.17 2.73 -0.06 -8.26 -0.08 - -0.34
Interest Expense		 0.75 0.76 0.76 0.76 0.76 0.76 0.77 0.77 0.77 0.77 0.78
Interest & Investment Income		 0.61 - 0.71 0.84 0.89 - 0.72 0.68 0.66 0.61 0.47
Other Income / (Expense), net		 -0.47 0.03 0.01 0.01 0.05 2.00 -0.02 -8.17 0.03 0.17 -0.04
Income Tax Expense		 51 25 0.13 0.15 0.04 -0.27 0.25 0.06 -0.05 0.18 0.05
Basic Earnings per Share		 ($3.42) ($1.33) ($0.05) ($0.04) ($0.03) ($0.11) ($2.12) ($0.17) $0.12 ($1.86) ($2.93)
Weighted Average Basic Shares Outstanding		 81.71M 71.03M 94.98M 95.24M 95.35M 95.27M 6.38M 95.97M 96.25M 6.40M 6.43M
Diluted Earnings per Share		 ($3.42) ($1.31) ($0.05) ($0.04) ($0.03) ($0.11) ($2.12) ($0.17) $0.11 ($1.86) ($2.93)
Weighted Average Diluted Shares Outstanding		 81.71M 71.03M 94.98M 95.24M 95.35M 95.27M 6.38M 95.97M 106.51M 6.40M 6.43M
Weighted Average Basic & Diluted Shares Outstanding		 94.67M 95.00M 95.12M 95.34M 95.48M 95.77M 95.78M 96.24M 96.25M 6.45M 6.46M

Annual Cash Flow Statements for Assertio

This table details how cash moves in and out of Assertio's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -69 -21 16 28 8.50 -23 -40
Net Cash From Operating Activities		 90 -66 5.52 79 50 26 -28
Net Cash From Continuing Operating Activities		 90 -66 5.52 79 50 26 -28
Net Income / (Loss) Continuing Operations		 -217 -28 -1.28 110 -332 -22 -30
Consolidated Net Income / (Loss)		 -217 -28 -1.28 110 -332 -22 -30
Depreciation Expense		 103 26 29 33 28 26 30
Amortization Expense		 24 5.68 0.19 0.30 0.46 0.44 0.48
Non-Cash Adjustments To Reconcile Net Income		 165 -54 -1.63 25 264 35 40
Changes in Operating Assets and Liabilities, net		 16 -15 -21 -90 89 -13 -68
Net Cash From Investing Activities		 -1.48 513 -19 -43 3.10 -49 -12
Net Cash From Continuing Investing Activities		 -1.48 513 -19 -43 3.10 -49 -12
Purchase of Investments		 -12 - - - 0.00 -99 -119
Divestitures		 0.00 7.59 - 0.00 1.95 0.00 -8.17
Sale and/or Maturity of Investments		 12 6.00 - 0.00 2.19 50 115
Net Cash From Financing Activities		 -158 -469 29 -7.79 -44 -0.35 -0.19
Net Cash From Continuing Financing Activities		 -158 -469 29 -7.79 -44 -0.35 -0.19
Other Financing Activities, net		 -3.82 -4.38 -6.00 -9.98 -33 -0.35 -0.19
Cash Interest Paid		 38 18 10 7.75 3.65 2.60 2.60

Quarterly Cash Flow Statements for Assertio

This table details how cash moves in and out of Assertio's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 6.71 -3.45 7.30 -36 -6.75 13 -16 12 -8.59 -28 23
Net Cash From Operating Activities		 2.58 5.71 7.51 7.39 -0.04 12 -13 19 -4.77 -30 8.56
Net Cash From Continuing Operating Activities		 2.58 5.71 7.51 7.39 -0.04 12 -13 19 -4.77 -30 8.56
Net Income / (Loss) Continuing Operations		 -280 -57 -4.51 -3.67 -2.92 -10 -14 -16 11 -12 -19
Consolidated Net Income / (Loss)		 -280 -57 -4.51 -3.67 -2.92 -10 -14 -16 11 -12 -19
Depreciation Expense		 10 4.91 5.70 6.71 6.71 6.71 9.27 9.27 5.63 5.84 5.84
Amortization Expense		 0.10 0.11 0.11 0.11 0.11 0.11 0.12 0.12 0.12 0.12 0.13
Non-Cash Adjustments To Reconcile Net Income		 220 25 2.37 4.09 4.51 24 7.55 15 48 -30 -36
Changes in Operating Assets and Liabilities, net		 52 33 3.85 0.16 -8.45 -8.51 -16 11 -70 6.33 57
Net Cash From Investing Activities		 4.14 -0.24 0.00 -43 -6.71 1.12 -2.94 -6.94 -3.81 1.70 15
Net Cash From Continuing Investing Activities		 4.14 -0.24 0.00 -43 -6.71 1.12 -2.94 -6.94 -3.81 1.70 15
Purchase of Investments		 - - 0.00 -43 -30 -25 -31 -28 -31 -28 -15
Sale and/or Maturity of Investments		 - - 0.00 - 24 26 28 29 28 30 30
Net Cash From Financing Activities		 -0.01 -8.92 -0.21 -0.08 -0.01 -0.06 -0.11 -0.07 -0.01 -0.00 -0.19
Net Cash From Continuing Financing Activities		 -0.01 -8.92 -0.21 -0.08 -0.01 -0.06 -0.11 -0.07 -0.01 -0.00 -0.19
Other Financing Activities, net		 0.48 -24 -0.21 -0.08 -0.01 -0.06 -0.11 -0.07 -0.01 -0.00 -0.19
Cash Interest Paid		 1.30 - 1.30 - 1.30 - 1.30 - 1.30 - 1.30

Annual Balance Sheets for Assertio

This table presents Assertio's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 527 303 327 414 286 285 267
Total Current Assets		 104 94 103 132 171 203 217
Cash & Equivalents		 42 21 37 65 73 51 10
Short-Term Investments		 - - - - 0.00 49 53
Accounts Receivable		 43 44 44 45 48 54 120
Inventories, net		 3.41 12 7.49 14 38 38 24
Prepaid Expenses		 16 17 15 8.27 12 10 9.01
Plant, Property, & Equipment, net		 3.50 2.44 1.53 0.74 0.77 0.59 0.44
Total Noncurrent Assets		 420 207 222 281 115 82 50
Intangible Assets		 401 200 216 198 111 80 49
Other Noncurrent Operating Assets		 6.12 6.50 5.47 2.71 3.26 1.13 0.97
Total Liabilities & Shareholders' Equity		 527 303 327 414 286 285 267
Total Liabilities		 469 248 224 188 148 164 173
Total Current Liabilities		 185 133 135 95 93 115 128
Accounts Payable		 16 15 6.69 5.99 13 15 9.01
Accrued Expenses		 19 29 15 12 18 19 14
Customer Deposits		 59 63 53 49 58 76 99
Other Current Liabilities		 2.09 7.18 34 0.95 0.95 4.08 4.85
Total Noncurrent Liabilities		 285 115 89 93 55 49 46
Long-Term Debt		 271 72 61 66 39 39 39
Other Noncurrent Operating Liabilities		 13 43 28 26 16 10 6.38
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 58 56 102 226 138 121 94
Total Preferred & Common Equity		 58 56 102 226 138 121 94
Total Common Equity		 58 56 102 226 138 121 94
Common Stock		 458 483 532 545 790 794 797
Retained Earnings		 -400 -428 -429 -320 -652 -673 -703

Quarterly Balance Sheets for Assertio

This table presents Assertio's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 380 282 279 276 286 274 320 211
Total Current Assets		 185 172 178 181 214 210 264 167
Cash & Equivalents		 77 81 45 38 35 47 39 34
Short-Term Investments		 - - 44 51 52 51 55 38
Accounts Receivable		 62 43 40 45 66 61 141 62
Inventories, net		 43 39 39 40 39 33 25 23
Prepaid Expenses		 2.90 11 10 7.85 21 18 4.08 11
Plant, Property, & Equipment, net		 0.80 0.70 0.66 0.62 0.55 0.52 0.48 0.41
Total Noncurrent Assets		 194 109 101 94 72 63 56 44
Intangible Assets		 170 106 99 92 71 62 55 43
Other Noncurrent Operating Assets		 4.00 3.09 1.90 1.86 1.09 1.05 1.01 0.93
Total Liabilities & Shareholders' Equity		 380 282 279 276 286 274 320 211
Total Liabilities		 187 147 147 145 178 180 214 136
Total Current Liabilities		 114 92 92 90 129 133 167 92
Accounts Payable		 19 16 15 13 8.90 11 15 5.91
Accrued Expenses		 22 15 15 13 33 31 16 18
Customer Deposits		 59 58 58 60 82 86 131 62
Other Current Liabilities		 1.00 0.82 0.67 0.51 4.04 4.01 4.87 4.83
Total Noncurrent Liabilities		 73 55 55 55 49 48 47 44
Long-Term Debt		 39 39 39 39 39 39 39 39
Other Noncurrent Operating Liabilities		 34 16 16 17 10 8.91 8.02 4.85
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 193 134 132 131 109 93 106 76
Total Preferred & Common Equity		 193 134 132 131 109 93 106 76
Total Common Equity		 193 134 132 131 109 93 106 76
Common Stock		 787 791 792 793 795 796 797 798
Retained Earnings		 -594 -656 -660 -663 -687 -703 -692 -722

Annual Metrics And Ratios for Assertio

This table displays calculated financial ratios and metrics derived from Assertio's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 0.00 107,223,287.00 44,634,085.00 48,293,613.00 94,668,523.00 - 96,252,087.00
DEI Adjusted Shares Outstanding		 0.00 1,787,055.00 2,975,606.00 3,219,574.00 6,311,235.00 - 6,416,806.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 -15.75 -0.43 34.05 -52.60 - -4.73
Growth Metrics		 - - - - - - -
Revenue Growth		 0.00% -53.69% 4.46% 40.73% -2.67% -17.83% -5.00%
EBITDA Growth		 0.00% 191.95% -33.59% 87.03% -394.50% 102.12% -79.15%
EBIT Growth		 0.00% 113.93% -63.56% 304.75% -721.46% 91.07% -36.01%
NOPAT Growth		 0.00% 57.75% 111.47% 2,001.10% -222.99% 89.95% 12.01%
Net Income Growth		 0.00% 87.04% 95.45% 8,657.77% -402.80% 93.50% -40.75%
EPS Growth		 0.00% 87.04% 97.20% 6,866.67% -330.05% 95.07% -39.41%
Operating Cash Flow Growth		 0.00% -172.48% 108.42% 1,323.10% -36.89% -46.76% -206.72%
Free Cash Flow Firm Growth		 0.00% 0.00% -111.93% 278.76% -158.29% 225.94% -186.12%
Invested Capital Growth		 0.00% -65.34% 22.28% 65.34% -58.35% -42.74% 15.03%
Revenue Q/Q Growth		 0.00% 0.00% -31.91% 12.23% -10.25% -0.64% -13.57%
EBITDA Q/Q Growth		 0.00% 0.00% 2,665.09% 5.11% -27.09% 129.08% -63.82%
EBIT Q/Q Growth		 0.00% 0.00% 131.80% 6.58% -20.99% 45.90% -2.83%
NOPAT Q/Q Growth		 0.00% 0.00% 129.77% 305.60% -21.41% 43.51% 7.43%
Net Income Q/Q Growth		 0.00% 0.00% 95.76% 326.91% -78.46% 68.49% -5.02%
EPS Q/Q Growth		 0.00% 0.00% -105.45% 283.02% -104.82% 83.92% -1,429.03%
Operating Cash Flow Q/Q Growth		 0.00% -26.75% 220.33% 40.27% -29.73% 28.40% -311.35%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 189.28% 85.97% -47.56% -255.98%
Invested Capital Q/Q Growth		 0.00% 0.00% 19.82% 70.27% -36.91% -27.71% 34.00%
Profitability Metrics		 - - - - - - -
Gross Margin		 95.86% 81.30% 85.74% 88.00% 82.23% 68.61% 70.19%
EBITDA Margin		 -27.79% 55.17% 35.07% 46.61% -141.04% 3.65% 0.80%
Operating Margin		 -84.72% -77.30% 8.49% 25.22% -160.15% -19.59% -18.14%
EBIT Margin		 -83.00% 24.96% 8.71% 25.04% -159.90% -17.37% -24.88%
Profit (Net Income) Margin		 -94.64% -26.48% -1.15% 70.17% -218.28% -17.27% -25.59%
Tax Burden Percent		 97.63% 61.84% 231.65% 351.75% 130.66% 100.24% 101.45%
Interest Burden Percent		 116.80% -171.58% -5.72% 79.65% 104.48% 99.16% 101.39%
Effective Tax Rate		 0.00% 0.00% 0.00% -251.75% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -37.55% -23.57% 4.73% 68.02% -94.78% -20.60% -23.15%
ROIC Less NNEP Spread (ROIC-NNEP)		 -64.19% -7.89% -8.27% -4.97% 7,988.67% -11.01% 12.94%
Return on Net Nonoperating Assets (RNNOA)		 -337.20% -26.04% -6.35% -1.20% -87.74% 3.94% -5.10%
Return on Equity (ROE)		 -374.76% -49.61% -1.62% 66.82% -182.52% -16.66% -28.25%
Cash Return on Invested Capital (CROIC)		 0.00% 73.48% -15.33% 18.77% -12.39% 33.76% -37.13%
Operating Return on Assets (OROA)		 -36.13% 6.39% 3.07% 10.57% -69.44% -7.60% -10.71%
Return on Assets (ROA)		 -41.20% -6.78% -0.41% 29.61% -94.80% -7.56% -11.01%
Return on Common Equity (ROCE)		 -374.76% -49.61% -1.62% 66.82% -182.52% -16.66% -28.25%
Return on Equity Simple (ROE_SIMPLE)		 -374.76% -50.70% -1.25% 48.57% -240.53% -17.82% 0.00%
Net Operating Profit after Tax (NOPAT)		 -136 -58 6.60 139 -170 -17 -15
NOPAT Margin		 -59.30% -54.11% 5.94% 88.72% -112.10% -13.71% -12.70%
Net Nonoperating Expense Percent (NNEP)		 26.64% -15.68% 12.99% 72.98% -8,083.44% -9.59% -36.09%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - -95.12% -10.67% -11.33%
Cost of Revenue to Revenue		 4.14% 18.70% 14.26% 12.00% 17.77% 31.39% 29.81%
SG&A Expenses to Revenue		 47.44% 98.16% 47.42% 29.95% 51.71% 60.06% 58.12%
R&D to Revenue		 4.40% 3.96% 0.00% 0.00% 1.87% 3.06% 1.42%
Operating Expenses to Revenue		 180.58% 158.61% 77.25% 62.78% 242.38% 88.20% 88.34%
Earnings before Interest and Taxes (EBIT)		 -190 27 9.67 39 -243 -22 -30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -64 59 39 73 -214 4.56 0.95
Valuation Ratios		 - - - - - - -
Price to Book Value (P/BV)		 0.00 0.69 0.95 0.92 0.73 0.69 0.62
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 7.49 3.80 2.05 1.29
Price to Revenue (P/Rev)		 0.00 0.36 0.88 1.33 0.67 0.67 0.49
Price to Earnings (P/E)		 0.00 0.00 0.00 1.89 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 52.79% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.86 0.97 0.93 0.65 0.37 0.49
Enterprise Value to Revenue (EV/Rev)		 0.00 1.02 1.34 1.51 0.45 0.18 0.29
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 1.85 3.81 3.24 0.00 4.97 35.70
Enterprise Value to EBIT (EV/EBIT)		 0.00 4.09 15.36 6.03 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 22.51 1.70 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 26.88 3.00 1.39 0.86 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.60 0.00 6.17 0.00 0.81 0.00
Leverage & Solvency		 - - - - - - -
Debt to Equity		 6.06 1.64 0.86 0.41 0.30 0.33 0.42
Long-Term Debt to Equity		 4.68 1.30 0.60 0.29 0.28 0.32 0.42
Financial Leverage		 5.25 3.30 0.77 0.24 -0.01 -0.36 -0.39
Leverage Ratio		 9.10 7.32 3.99 2.26 1.93 2.20 2.57
Compound Leverage Factor		 10.62 -12.56 -0.23 1.80 2.01 2.19 2.60
Debt to Total Capital		 85.84% 62.08% 46.21% 29.22% 23.00% 24.62% 29.40%
Short-Term Debt to Total Capital		 19.55% 12.79% 14.01% 8.39% 1.51% 0.45% 0.00%
Long-Term Debt to Total Capital		 66.29% 49.29% 32.20% 20.82% 21.49% 24.16% 29.40%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 14.16% 37.92% 53.79% 70.78% 77.00% 75.38% 70.60%
Debt to EBITDA		 -5.51 1.55 2.26 1.28 -0.19 8.68 41.18
Net Debt to EBITDA		 -4.64 1.20 1.31 0.39 0.15 -13.28 -25.56
Long-Term Debt to EBITDA		 -4.25 1.23 1.57 0.91 -0.18 8.52 41.18
Debt to NOPAT		 -2.58 -1.58 13.34 0.67 -0.24 -2.31 -2.60
Net Debt to NOPAT		 -2.18 -1.22 7.76 0.20 0.19 3.53 1.61
Long-Term Debt to NOPAT		 -1.99 -1.25 9.30 0.48 -0.23 -2.27 -2.60
Altman Z-Score		 0.00 -1.40 -1.26 0.38 -4.72 -2.45 -3.01
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - -
Current Ratio		 0.56 0.71 0.77 1.39 1.83 1.77 1.70
Quick Ratio		 0.46 0.49 0.60 1.16 1.30 1.34 1.44
Cash Flow Metrics		 - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 179 -21 38 -22 28 -24
Operating Cash Flow to CapEx		 6,109.05% 0.00% 10,420.75% 28,685.40% 4,737.73% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 2.49 -2.09 4.80 -1.68 9.24 -7.86
Operating Cash Flow to Interest Expense		 2.83 -0.91 0.54 9.87 3.73 8.69 -9.16
Operating Cash Flow Less CapEx to Interest Expense		 2.78 6.02 0.54 9.84 3.65 8.69 -9.16
Efficiency Ratios		 - - - - - - -
Asset Turnover		 0.44 0.26 0.35 0.42 0.43 0.44 0.43
Accounts Receivable Turnover		 5.37 2.44 2.50 3.48 3.27 2.46 1.36
Inventory Turnover		 2.79 2.63 1.65 1.77 1.05 1.03 1.13
Fixed Asset Turnover		 65.63 35.82 56.01 137.59 200.88 184.31 230.51
Accounts Payable Turnover		 0.59 1.28 1.47 2.96 2.78 2.78 2.98
Days Sales Outstanding (DSO)		 67.98 149.56 145.84 104.80 111.63 148.65 267.85
Days Inventory Outstanding (DIO)		 131.02 138.90 221.34 206.22 347.05 353.56 321.99
Days Payable Outstanding (DPO)		 621.82 284.71 247.76 123.39 131.24 131.08 122.50
Cash Conversion Cycle (CCC)		 -422.82 3.75 119.41 187.63 327.45 371.12 467.34
Capital & Investment Metrics		 - - - - - - -
Invested Capital		 362 126 154 254 106 61 70
Invested Capital Turnover		 0.63 0.44 0.80 0.77 0.85 1.50 1.82
Increase / (Decrease) in Invested Capital		 0.00 -237 28 100 -148 -45 9.11
Enterprise Value (EV)		 0.00 108 148 236 69 23 34
Market Capitalization		 0.00 38 97 208 101 83 58
Book Value per Share		 $0.82 $0.52 $2.29 $4.67 $1.46 $1.27 $0.98
Tangible Book Value per Share		 ($4.84) ($1.35) ($2.55) $0.57 $0.28 $0.43 $0.47
Total Capital		 409 146 190 319 179 161 133
Total Debt		 351 91 88 93 41 40 39
Total Long-Term Debt		 271 72 61 66 39 39 39
Net Debt		 296 70 51 28 -32 -61 -24
Capital Expenditures (CapEx)		 1.48 -499 0.05 0.27 1.05 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -43 -41 -42 -1.23 6.88 -11 26
Debt-free Net Working Capital (DFNWC)		 -0.60 -20 -4.85 64 80 89 89
Net Working Capital (NWC)		 -81 -38 -32 37 78 88 89
Net Nonoperating Expense (NNE)		 81 -29 7.88 29 161 4.45 15
Net Nonoperating Obligations (NNO)		 304 70 51 28 -32 -61 -24
Total Depreciation and Amortization (D&A)		 127 32 29 34 29 26 30
Debt-free, Cash-free Net Working Capital to Revenue		 -18.61% -38.11% -37.52% -0.78% 4.52% -9.18% 21.67%
Debt-free Net Working Capital to Revenue		 -0.26% -18.55% -4.37% 40.78% 52.82% 70.89% 75.08%
Net Working Capital to Revenue		 -35.12% -36.16% -28.39% 23.65% 51.04% 70.31% 75.08%
Earnings Adjustments		 - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($1.08) ($0.03) $2.33 ($4.67) ($0.23) ($4.74)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 26.21M 43.17M 47.00M 71.03M 95.27M 6.40M
Adjusted Diluted Earnings per Share		 $0.00 ($1.08) ($0.03) $2.03 ($4.67) ($0.23) ($4.74)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 26.21M 43.17M 54.67M 71.03M 95.27M 6.40M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 43.36M 45.33M 55.58M 95.00M 95.77M 6.45M
Normalized Net Operating Profit after Tax (NOPAT)		 -0.52 -33 10 41 11 -13 -12
Normalized NOPAT Margin		 -0.23% -30.90% 9.10% 26.03% 7.38% -10.52% -10.16%
Pre Tax Income Margin		 -96.94% -42.83% -0.50% 19.95% -167.07% -17.23% -25.22%
Debt Service Ratios		 - - - - - - -
EBIT to Interest Expense		 -5.95 0.37 0.95 4.91 -18.29 -7.14 -9.60
NOPAT to Interest Expense		 -4.25 -0.80 0.65 17.41 -12.82 -5.64 -4.90
EBIT Less CapEx to Interest Expense		 -6.00 7.30 0.94 4.88 -18.36 -7.14 -9.60
NOPAT Less CapEx to Interest Expense		 -4.30 6.13 0.64 17.38 -12.90 -5.64 -4.90
Payout Ratios		 - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Assertio

This table displays calculated financial ratios and metrics derived from Assertio's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 56,516,661.00 94,668,523.00 94,995,823.00 95,124,605.00 95,335,629.00 - 95,773,083.00 95,780,741.00 96,239,625.00 96,252,087.00 6,445,161.00
DEI Adjusted Shares Outstanding		 3,767,777.00 6,311,235.00 6,333,055.00 6,341,640.00 6,355,709.00 - 6,384,872.00 6,385,383.00 6,415,975.00 6,416,806.00 6,445,161.00
DEI Earnings Per Adjusted Shares Outstanding		 -74.19 -9.09 -0.71 -0.58 -0.46 - -2.12 -2.56 1.78 -1.86 -2.93
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 4.14% -34.49% -23.59% -24.07% -18.03% -2.43% -18.37% -6.12% 69.36% -57.92% -62.50%
EBITDA Growth		 -1,586.31% -248.05% -87.82% -83.12% 101.75% 82.94% -362.88% -312.40% 351.79% -42.51% -224.28%
EBIT Growth		 -3,654.04% -426.54% -179.54% -129.03% 98.69% 64.46% -205.89% -348.96% 483.08% -7.55% -39.65%
NOPAT Growth		 -2,708.47% -120.64% -193.39% -129.68% 98.66% 58.32% -205.12% -122.15% 640.18% 12.82% -39.58%
Net Income Growth		 -6,797.27% -164.80% -29.45% -143.38% 98.96% 81.74% -200.24% -345.07% 491.82% -13.85% -39.25%
EPS Growth		 -4,375.00% -169.68% 28.57% -130.77% 99.12% 91.60% -200.24% -325.00% 466.67% -12.73% -38.21%
Operating Cash Flow Growth		 -74.33% -78.62% -66.95% -60.29% -101.36% 102.35% -267.00% 158.44% -13,520.00% -359.51% 168.30%
Free Cash Flow Firm Growth		 -1,102.57% 1,252.42% 242.34% 291.81% 145.84% -71.50% -83.03% -70.11% -47.01% -148.43% -81.49%
Invested Capital Growth		 12.41% -58.35% -61.22% -64.09% -50.03% -42.74% -35.99% -59.05% -37.94% 15.03% -28.83%
Revenue Q/Q Growth		 -13.09% -7.42% -1.63% -4.07% -6.17% 10.20% -17.70% 10.32% 69.25% -72.62% -26.66%
EBITDA Q/Q Growth		 -1,248.11% 87.50% 105.39% 118.22% 18.97% -221.86% 1.93% -76.31% 353.07% -132.57% -123.17%
EBIT Q/Q Growth		 -1,940.06% 85.88% 86.59% 16.69% 16.79% -282.22% -23.07% -22.28% 171.00% -200.66% -59.80%
NOPAT Q/Q Growth		 -1,972.87% 85.84% 86.58% 16.60% 15.73% -342.06% 1.79% 39.28% 304.91% -171.34% -57.25%
Net Income Q/Q Growth		 -3,400.40% 79.47% 92.14% 18.54% 20.50% -258.64% -29.26% -20.76% 169.99% -204.21% -58.10%
EPS Q/Q Growth		 -2,730.77% 61.70% 96.18% 20.00% 25.00% -266.67% -29.26% -21.43% 164.71% -1,790.91% -57.53%
Operating Cash Flow Q/Q Growth		 -86.14% 121.29% 31.56% -1.61% -100.47% 33,094.29% -208.57% 252.27% -124.97% -528.66% 128.57%
Free Cash Flow Firm Q/Q Growth		 -128.73% 170.42% 17.11% 1.69% -45.33% -56.23% -30.27% 79.13% -3.09% -140.01% 126.66%
Invested Capital Q/Q Growth		 -29.33% -36.91% -10.12% -10.38% -1.67% -27.71% 0.49% -42.68% 49.03% 34.00% -37.83%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 80.18% 70.53% 65.55% 71.44% 74.15% 63.92% 70.61% 63.46% 72.39% 75.89% 72.71%
EBITDA Margin		 -612.68% -82.72% 4.53% 10.31% 13.08% -14.46% -14.60% -23.33% 34.89% -41.49% -126.25%
Operating Margin		 -640.72% -98.01% -13.37% -11.62% -10.44% -41.87% -49.96% -27.50% 23.21% -86.72% -185.95%
EBIT Margin		 -642.04% -97.92% -13.35% -11.59% -10.28% -35.66% -50.03% -55.45% 23.26% -85.50% -186.30%
Profit (Net Income) Margin		 -784.64% -173.97% -13.90% -11.80% -10.00% -32.55% -51.12% -55.96% 23.14% -88.06% -189.83%
Tax Burden Percent		 122.13% 179.86% 103.02% 104.23% 101.53% 97.46% 101.84% 100.34% 100.41% 101.54% 100.24%
Interest Burden Percent		 100.06% 98.78% 101.06% 97.67% 95.80% 93.65% 100.34% 100.57% 99.08% 101.43% 101.65%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.41% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -479.76% -58.00% -7.81% -6.67% -7.31% -44.03% -53.38% -37.54% 47.15% -110.67% -255.29%
ROIC Less NNEP Spread (ROIC-NNEP)		 1,699.37% 1,681.86% -1.25% -3.10% -5.12% -41.78% -43.55% -17.17% 47.31% -101.93% -240.47%
Return on Net Nonoperating Assets (RNNOA)		 -56.98% -18.47% 0.15% 0.51% 1.14% 14.96% 15.61% 8.03% -20.13% 40.20% 104.45%
Return on Equity (ROE)		 -536.74% -76.48% -7.67% -6.16% -6.17% -29.08% -37.77% -29.51% 27.02% -70.48% -150.84%
Cash Return on Invested Capital (CROIC)		 -100.33% -12.39% -15.69% -22.29% 42.59% 33.76% 13.92% 39.74% 22.84% -37.13% -2.29%
Operating Return on Assets (OROA)		 -309.32% -42.52% -5.45% -4.48% -3.94% -15.61% -20.95% -23.47% 10.72% -36.79% -76.48%
Return on Assets (ROA)		 -378.03% -75.55% -5.67% -4.56% -3.83% -14.24% -21.41% -23.69% 10.67% -37.90% -77.93%
Return on Common Equity (ROCE)		 -536.74% -76.48% -7.67% -6.16% -6.17% -29.08% -37.77% -29.51% 27.02% -70.48% -150.84%
Return on Equity Simple (ROE_SIMPLE)		 -96.44% 0.00% -247.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -160 -23 -3.04 -2.53 -2.13 -9.43 -9.26 -5.62 12 -8.22 -13
NOPAT Margin		 -448.51% -68.61% -9.36% -8.13% -7.31% -29.31% -34.97% -19.25% 23.30% -60.71% -130.16%
Net Nonoperating Expense Percent (NNEP)		 -2,179.13% -1,739.86% -6.56% -3.57% -2.19% -2.25% -9.82% -20.36% -0.16% -8.74% -14.82%
Return On Investment Capital (ROIC_SIMPLE)		 - -12.63% -1.73% -1.46% -1.24% -5.87% -6.25% -4.23% 7.93% -6.18% -11.25%
Cost of Revenue to Revenue		 19.82% 29.47% 34.45% 28.56% 25.85% 36.08% 29.39% 36.54% 27.61% 24.11% 27.29%
SG&A Expenses to Revenue		 58.96% 72.63% 57.09% 59.07% 57.27% 66.54% 82.96% 58.04% 34.23% 96.98% 195.65%
R&D to Revenue		 3.69% 3.10% 2.26% 2.56% 3.44% 4.00% 1.65% 1.32% 0.77% 3.59% 4.57%
Operating Expenses to Revenue		 720.91% 168.54% 78.92% 83.06% 84.58% 105.79% 120.56% 90.96% 49.19% 162.61% 258.65%
Earnings before Interest and Taxes (EBIT)		 -229 -32 -4.33 -3.61 -3.00 -11 -13 -16 12 -12 -19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -218 -27 1.47 3.21 3.82 -4.65 -3.87 -6.82 17 -5.62 -13
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.75 0.73 0.68 0.89 0.86 0.69 0.60 0.66 0.80 0.62 1.62
Price to Tangible Book Value (P/TBV)		 55.56 3.80 3.17 3.56 2.95 2.05 1.73 1.96 1.66 1.29 3.78
Price to Revenue (P/Rev)		 0.85 0.67 0.64 0.89 0.89 0.67 0.54 0.52 0.62 0.49 1.20
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.71 0.65 0.54 0.83 0.78 0.37 0.28 0.09 0.60 0.49 2.09
Enterprise Value to Revenue (EV/Rev)		 0.71 0.45 0.36 0.54 0.52 0.18 0.14 0.03 0.23 0.29 0.89
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 4.97 0.00 0.00 11.79 35.70 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 1.69 1.39 1.50 3.06 3.20 0.86 2.66 0.17 2.32 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 1.23 0.81 1.56 0.13 2.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.27 0.30 0.31 0.31 0.32 0.33 0.37 0.43 0.37 0.42 0.52
Long-Term Debt to Equity		 0.20 0.28 0.29 0.29 0.30 0.32 0.36 0.42 0.37 0.42 0.52
Financial Leverage		 -0.03 -0.01 -0.12 -0.17 -0.22 -0.36 -0.36 -0.47 -0.43 -0.39 -0.43
Leverage Ratio		 2.15 1.93 1.81 1.77 2.03 2.20 2.34 2.45 2.52 2.57 2.70
Compound Leverage Factor		 2.15 1.90 1.83 1.73 1.94 2.06 2.35 2.47 2.50 2.60 2.75
Debt to Total Capital		 21.13% 23.00% 23.50% 23.87% 24.28% 24.62% 26.76% 29.89% 27.24% 29.40% 34.16%
Short-Term Debt to Total Capital		 5.23% 1.51% 1.54% 1.56% 1.74% 0.45% 0.49% 0.55% 0.31% 0.00% 0.00%
Long-Term Debt to Total Capital		 15.89% 21.49% 21.97% 22.31% 22.53% 24.16% 26.27% 29.34% 26.93% 29.40% 34.16%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 78.87% 77.00% 76.50% 76.13% 75.72% 75.38% 73.24% 70.11% 72.76% 70.60% 65.84%
Debt to EBITDA		 -0.31 -0.19 -0.18 -0.17 -2.23 8.68 -50.77 -3.68 15.09 41.18 -5.08
Net Debt to EBITDA		 0.15 0.15 0.18 0.19 2.49 -13.28 61.04 5.40 -20.49 -25.56 4.18
Long-Term Debt to EBITDA		 -0.23 -0.18 -0.17 -0.16 -2.07 8.52 -49.85 -3.61 14.91 41.18 -5.08
Debt to NOPAT		 -0.37 -0.24 -0.23 -0.22 -1.38 -2.31 -1.70 -1.50 -2.43 -2.60 -2.09
Net Debt to NOPAT		 0.18 0.19 0.22 0.25 1.54 3.53 2.04 2.21 3.30 1.61 1.72
Long-Term Debt to NOPAT		 -0.28 -0.23 -0.22 -0.21 -1.28 -2.27 -1.67 -1.48 -2.41 -2.60 -2.09
Altman Z-Score		 -3.04 -2.29 -2.09 -2.03 -2.08 -2.33 -2.52 -2.82 -1.88 -2.79 -3.62
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.62 1.83 1.87 1.93 2.01 1.77 1.66 1.59 1.58 1.70 1.82
Quick Ratio		 1.22 1.30 1.33 1.39 1.48 1.34 1.19 1.20 1.41 1.44 1.45
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -178 126 147 150 82 36 25 45 43 -17 4.62
Operating Cash Flow to CapEx		 0.00% 2,387.87% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -237.09 166.29 194.23 197.25 107.41 46.89 32.61 58.19 56.25 -22.44 5.96
Operating Cash Flow to Interest Expense		 3.43 7.56 9.92 9.75 -0.05 15.14 -16.39 24.86 -6.19 -38.82 11.05
Operating Cash Flow Less CapEx to Interest Expense		 3.43 7.24 9.92 9.75 -0.05 15.14 -16.39 24.86 -6.19 -38.82 11.05
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.48 0.43 0.41 0.39 0.38 0.44 0.42 0.42 0.46 0.43 0.41
Accounts Receivable Turnover		 3.16 3.27 3.19 3.24 2.34 2.46 2.19 2.32 1.47 1.36 1.60
Inventory Turnover		 0.82 1.05 1.19 1.27 0.91 1.03 0.92 1.05 1.35 1.13 0.97
Fixed Asset Turnover		 194.87 200.88 227.65 171.56 176.14 184.31 189.79 198.64 249.05 230.51 213.27
Accounts Payable Turnover		 1.70 2.78 3.00 2.79 2.32 2.78 2.92 2.88 3.14 2.98 4.09
Days Sales Outstanding (DSO)		 115.41 111.63 114.44 112.55 155.87 148.65 167.01 157.42 247.47 267.85 228.34
Days Inventory Outstanding (DIO)		 446.00 347.05 305.72 286.76 403.24 353.56 397.25 349.05 269.41 321.99 375.82
Days Payable Outstanding (DPO)		 214.30 131.24 121.68 131.02 157.18 131.08 125.00 126.72 116.10 122.50 89.17
Cash Conversion Cycle (CCC)		 347.10 327.45 298.47 268.29 401.93 371.12 439.26 379.75 400.78 467.34 514.99
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 168 106 95 85 84 61 61 35 52 70 43
Invested Capital Turnover		 1.07 0.85 0.84 0.82 1.00 1.50 1.53 1.95 2.02 1.82 1.96
Increase / (Decrease) in Invested Capital		 19 -148 -150 -152 -84 -45 -34 -50 -32 9.11 -18
Enterprise Value (EV)		 119 69 52 71 66 23 17 3.00 31 34 91
Market Capitalization		 145 101 91 118 112 83 65 61 85 58 123
Book Value per Share		 $3.41 $1.46 $1.42 $1.39 $1.37 $1.27 $1.13 $0.97 $1.10 $0.98 $11.73
Tangible Book Value per Share		 $0.05 $0.28 $0.30 $0.35 $0.40 $0.43 $0.39 $0.33 $0.53 $0.47 $5.05
Total Capital		 245 179 176 174 172 161 148 133 145 133 115
Total Debt		 52 41 41 41 42 40 40 40 40 39 39
Total Long-Term Debt		 39 39 39 39 39 39 39 39 39 39 39
Net Debt		 -25 -32 -39 -47 -47 -61 -48 -58 -54 -24 -32
Capital Expenditures (CapEx)		 0.00 0.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 6.58 6.88 1.99 -0.01 5.47 -11 -1.88 -20 3.81 26 3.71
Debt-free Net Working Capital (DFNWC)		 83 80 83 88 94 89 85 78 97 89 75
Net Working Capital (NWC)		 71 78 80 86 91 88 85 78 97 89 75
Net Nonoperating Expense (NNE)		 120 35 1.47 1.14 0.79 1.04 4.28 11 0.08 3.70 5.93
Net Nonoperating Obligations (NNO)		 -25 -32 -39 -47 -47 -61 -48 -58 -54 -24 -32
Total Depreciation and Amortization (D&A)		 10 5.01 5.80 6.82 6.82 6.82 9.38 9.39 5.75 5.96 5.97
Debt-free, Cash-free Net Working Capital to Revenue		 3.89% 4.52% 1.40% -0.01% 4.35% -9.18% -1.58% -16.89% 2.78% 21.67% 3.63%
Debt-free Net Working Capital to Revenue		 49.26% 52.82% 58.24% 66.85% 74.79% 70.89% 71.80% 66.96% 70.80% 75.08% 73.69%
Net Working Capital to Revenue		 41.71% 51.04% 56.34% 64.81% 72.40% 70.31% 71.19% 66.34% 70.47% 75.08% 73.69%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($3.42) ($1.33) ($0.05) ($0.04) ($0.03) ($0.11) ($2.10) ($0.17) $0.12 ($1.86) ($2.93)
Adjusted Weighted Average Basic Shares Outstanding		 81.71M 71.03M 94.98M 95.24M 95.35M 95.27M 6.38M 95.97M 96.25M 6.40M 6.43M
Adjusted Diluted Earnings per Share		 ($3.42) ($1.31) ($0.05) ($0.04) ($0.03) ($0.11) ($2.10) ($0.17) $0.11 ($1.86) ($2.93)
Adjusted Weighted Average Diluted Shares Outstanding		 81.71M 71.03M 94.98M 95.24M 95.35M 95.27M 6.38M 95.97M 106.51M 6.40M 6.43M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ($1.86) $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 94.67M 95.00M 95.12M 95.34M 95.48M 95.77M 6.39M 96.24M 96.25M 6.45M 6.46M
Normalized Net Operating Profit after Tax (NOPAT)		 -2.76 -33 -2.53 -2.53 -1.92 -9.81 -9.06 -5.62 9.03 -6.40 -13
Normalized NOPAT Margin		 -7.74% -100.38% -7.80% -8.13% -6.59% -30.49% -34.21% -19.25% 18.26% -47.27% -130.16%
Pre Tax Income Margin		 -642.45% -96.73% -13.49% -11.32% -9.85% -33.40% -50.20% -55.77% 23.05% -86.72% -189.38%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -304.17 -42.78 -5.72 -4.76 -3.95 -15.04 -17.32 -21.10 14.94 -15.00 -23.88
NOPAT to Interest Expense		 -212.49 -29.97 -4.01 -3.34 -2.80 -12.36 -12.11 -7.32 14.97 -10.65 -16.68
EBIT Less CapEx to Interest Expense		 -304.17 -43.10 -5.72 -4.76 -3.95 -15.04 -17.32 -21.10 14.94 -15.00 -23.88
NOPAT Less CapEx to Interest Expense		 -212.49 -30.29 -4.01 -3.34 -2.80 -12.36 -12.11 -7.32 14.97 -10.65 -16.68
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Assertio’s latest quarter shows a mixed picture: Q1 2026 was still unprofitable, but the company generated positive operating cash flow and ended the quarter with a sizable cash and investment balance. The bigger story is that revenue has stabilized at a much lower level than a year ago, while margins and balance sheet quality remain pressured by heavy operating expenses and volatile working-capital swings.

  • Positive operating cash flow returned in Q1 2026. Assertio generated $8.6 million of cash from operations, reversing the negative operating cash flow seen in Q4 2025.
  • Liquidity remains solid for now. As of Q1 2026, cash and equivalents were $33.7 million and short-term investments were $37.9 million, giving the company meaningful near-term liquidity.
  • Working capital supported cash generation in Q1 2026. Changes in operating assets and liabilities contributed $57.3 million, a major boost to quarterly operating cash flow.
  • Interest and investment income helped offset some pressure. The company produced $15.1 million of net cash from investing activities in Q1 2026, aided by sales/maturities of investments.
  • Gross profit remained healthy relative to revenue. In Q1 2026, revenue was $9.9 million and gross profit was $7.2 million, showing that the core product economics can still be profitable before overhead.
  • Revenue appears to have settled into a lower run rate. Revenue fell from $32.4 million in Q1 2024 to $9.9 million in Q1 2026, with a notable step-down after 2024.
  • Customer deposits remain a major balance sheet item. Customer deposits were $62.3 million in Q1 2026, which supports liquidity but also reflects obligations tied to the business model.
  • Debt is manageable, but not trivial. Long-term debt was $39.2 million in Q1 2026, while short-term debt was small at $0.45 million.
  • Shares outstanding have changed significantly over time. Weighted average shares jumped from roughly 6.4 million in Q1 2025 to 96.2 million in Q1 2026, making per-share comparisons across periods less straightforward.
  • Net losses continued in Q1 2026. The company posted a net loss of $18.9 million, or $(2.93) per share.
  • Operating losses remain large relative to sales. Q1 2026 operating income was negative $18.5 million, driven by $25.7 million of operating expenses versus just $7.2 million of gross profit.
  • SG&A is still too high for the current revenue base. Selling, general and administrative expense was $19.4 million in Q1 2026, well above quarterly revenue.
  • Recent quarters were volatile. Q4 2025 showed a $29.7 million cash burn from operations and Q3 2025 also had negative operating cash flow, highlighting inconsistent cash generation.
  • Balance sheet equity has fallen from prior levels. Total equity was $75.6 million in Q1 2026, down from $108.5 million in Q1 2025.
  • There is still meaningful exposure to non-cash charges. Amortization and depreciation remain sizable, and prior periods included restructuring and impairment charges that can weigh on reported earnings.

Longer-term trend: Over the last four years, Assertio has moved away from the much stronger revenue and cash position it had in 2023. Revenue declined sharply through 2024 and 2025, while losses became the norm. The company did improve from the extreme losses seen in parts of 2023, but the latest data suggest a business that is still searching for durable profitability.

Bottom line: For retail investors, Assertio looks like a company with adequate liquidity and occasional positive cash generation, but also persistent earnings pressure and a revenue base that is still too small to absorb overhead comfortably. The key question going forward is whether management can sustain operating cash flow while stabilizing or rebuilding revenue.

07/20/26 08:25 AM ETAI Generated. May Contain Errors.

Assertio Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Assertio's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Assertio's net income appears to be on a downward trend, with a most recent value of -$30.38 million in 2025, falling from -$217.20 million in 2019. The previous period was -$21.58 million in 2024. Find out what analysts predict for Assertio in the coming months.

Assertio's total operating income in 2025 was -$21.54 million, based on the following breakdown:
  • Total Gross Profit: $83.33 million
  • Total Operating Expenses: $104.87 million

Over the last 6 years, Assertio's total revenue changed from $229.50 million in 2019 to $118.71 million in 2025, a change of -48.3%.

Assertio's total liabilities were at $173.02 million at the end of 2025, a 5.7% increase from 2024, and a 63.1% decrease since 2019.

In the past 6 years, Assertio's cash and equivalents has ranged from $10.23 million in 2025 to $73.44 million in 2023, and is currently $10.23 million as of their latest financial filing in 2025.

Over the last 6 years, Assertio's book value per share changed from 0.82 in 2019 to 0.98 in 2025, a change of 19.1%.


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Financial statements for NASDAQ:ASRT last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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