7Baggers
Quarterly
Annual
    Unit: USD2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2017-12-31 2017-03-31 2016-12-31 2016-03-31 2015-12-31 2015-03-31 2013-12-31 2013-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 
      
    		                                                 
      revenues:
    		                                                 
      product sales
    		173,850,000 249,800,000 302,200,000 143,400,000 305,700,000 186,200,000 237,200,000 237,100,000 434,300,000 270,500,000 181,200,000 137,900,000 340,900,000 202,200,000 298,500,000 148,200,000 310,800,000 256,200,000 183,500,000 153,000,000 339,547,000 81,969,000 224,572,000 71,706,000 338,625,000 18,291,000 185,520,000 30,359,000 81,670,000 43,663,000 71,479,000 5,597,000 89,390,000 67,266,000 55,872,000 38,853,000 47,160,000 39,004,000 69,330,000 61,678,000 29,816,000 55,478,000 42,326,000 41,504,000 80,049,000 41,786,000 22,518,000 25,446,000  
      contract development and manufacturing
    		                                                 
      services
    		20,600,000 13,200,000 26,400,000 13,400,000 17,700,000 36,200,000 2,700,000 51,800,000 51,200,000 112,600,000                                        
      leases
    		200,000 1,000,000 2,700,000 1,800,000 200,000 200,000 -4,500,000 9,000,000 167,100,000 -71,000,000                                        
      total cdmo revenues
    		14,425,000 14,200,000 29,100,000 15,200,000                                              
      contracts and grants
    		6,700,000 6,500,000 6,600,000 6,500,000 7,100,000 17,400,000 7,300,000 9,600,000 70,600,000 16,900,000 25,400,000 21,300,000 43,000,000 25,900,000 23,600,000 22,600,000 24,100,000 35,600,000 41,000,000 21,700,000 53,161,000 17,261,000     53,268,000 12,741,000 26,278,000 15,099,000 16,662,000 12,936,000 13,857,000 6,720,000 6,266,000 7,947,000 6,644,000 4,268,000 3,861,000 2,841,000 5,934,000 1,121,000 1,159,000 1,216,000 9,588,000 1,858,000 668,000 1,002,000  
      total revenues
    		276,600,000 270,500,000 337,900,000 165,100,000 330,700,000 240,000,000 242,700,000 307,500,000 723,200,000 329,000,000 397,500,000 343,000,000 583,000,000 385,200,000 394,700,000 192,500,000 360,300,000 311,800,000 243,200,000 190,600,000 444,015,000 116,858,000 377,780,000 111,002,000 459,156,000 63,633,000 238,788,000 43,100,000 107,948,000 58,762,000 88,141,000 18,533,000 103,247,000 73,986,000 62,138,000 46,800,000 53,804,000 43,272,000 73,191,000 64,519,000 35,750,000 56,599,000 43,485,000 42,720,000 89,637,000 43,644,000 23,186,000 26,448,000  
      yoy
    		-16.36% 12.71% 39.23% -46.31% -54.27% -27.05% -38.94% -10.35% 24.05% -14.59% 0.71% 78.18% 61.81% 23.54% 62.29% 1.00% -18.85% 166.82% -35.62% 71.71% -3.30% 83.64% 58.21% 157.55% 325.35% 8.29% 170.92% 132.56% 4.55% -20.58% 41.85% -60.40% 91.89% 70.98% -15.10% -27.46% 50.50% -23.55% 68.31% 51.03% -60.12% 29.68% 87.55% 61.52%      
      qoq
    		2.26% -19.95% 104.66% -50.08% 37.79% -1.11% -21.07% -57.48% 119.82% -17.23% 15.89% -41.17% 51.35% -2.41% 105.04% -46.57% 15.55% 28.21% 27.60% -57.07% 279.96% -69.07% 240.34% -75.82% 621.57% -73.35% 454.03% -60.07% 83.70% -33.33% 375.59% -82.05% 39.55% 19.07% 32.77% -13.02% 24.34% -40.88% 13.44% 80.47% -36.84% 30.16% 1.79% -52.34% 105.38% 88.23% -12.33%   
      operating expenses:
    		                                                 
      cost of product sales
    		92,150,000 132,500,000 134,900,000 102,900,000 167,300,000 85,500,000 91,000,000 80,300,000 145,000,000 103,200,000                 40,379,000 5,698,000 14,328,000 10,706,000 16,069,000 1,068,000 16,998,000 11,532,000 11,076,000 7,508,000 11,782,000 8,684,000 10,428,000 15,368,000 6,870,000 10,519,000 8,682,000 8,010,000 17,544,000 11,407,000 5,842,000 5,516,000  
      cost of cdmo
    		37,925,000 44,300,000 55,700,000 52,200,000 52,100,000 63,100,000                                            
      goodwill impairment
    		 218,200,000                                                
      impairment of long-lived assets
    		  306,700,000                                               
      research and development
    		29,400,000 15,300,000 26,000,000 40,600,000 57,600,000 39,200,000 49,800,000 46,400,000 83,000,000 49,600,000 48,900,000 52,500,000 59,500,000 84,400,000 47,900,000 42,700,000 62,800,000 53,400,000 63,900,000 46,100,000 76,908,000 20,476,000 74,136,000 34,154,000 115,295,000 38,702,000 89,502,000 30,724,000 29,376,000 29,216,000 31,481,000 34,759,000 29,615,000 21,156,000 18,602,000 19,922,000 19,226,000 18,772,000 20,680,000 15,910,000 14,162,000 16,627,000 17,206,000 11,475,000 12,269,000 12,777,000 13,342,000 15,570,000  
      selling, general and administrative
    		89,700,000 86,000,000 91,400,000 100,500,000 94,200,000 80,200,000 81,100,000 84,800,000 94,200,000 82,100,000 91,200,000 80,900,000 82,100,000 75,500,000 76,000,000 69,700,000 72,200,000 65,000,000 70,800,000 65,400,000 108,347,000 35,150,000 103,902,000 39,784,000 113,965,000 34,493,000 55,990,000 20,028,000 18,254,000 17,432,000 20,384,000 18,212,000 21,671,000 20,693,000 17,649,000 16,192,000 18,671,000 19,767,000 19,373,000 15,975,000 13,864,000 14,115,000 15,039,000 12,060,000 16,666,000 15,038,000 12,659,000 11,193,000  
      amortization of intangible assets
    		16,200,000 16,300,000 16,100,000 17,000,000 17,900,000 14,000,000 14,000,000 14,000,000 14,000,000 14,500,000 15,100,000 14,900,000 15,000,000 15,000,000 15,000,000 14,800,000 14,800,000 14,700,000  14,500,000                              
      total operating expenses
    		320,400,000 512,600,000 630,800,000 313,200,000 395,800,000 282,000,000 314,700,000 301,100,000 445,800,000 363,700,000 383,000,000 247,600,000 324,900,000 323,900,000 268,700,000 204,100,000 282,600,000 241,100,000 250,200,000 217,800,000                              
      income from operations
    		-43,800,000 -242,100,000 -292,900,000 -148,100,000 -65,100,000 -42,000,000 -72,000,000 6,400,000 277,400,000 -34,700,000 14,500,000 95,400,000 258,100,000 61,300,000 126,000,000 -11,600,000 77,700,000 70,700,000 -7,000,000 -27,200,000 109,375,000 14,910,000 96,961,000 8,561,000 124,349,000 -28,310,000 43,317,000 -13,350,000 45,990,000 1,408,000 20,207,000 -35,506,000 34,963,000 20,605,000 14,811,000 3,178,000 4,125,000 -3,951,000 22,710,000 17,266,000 854,000 15,338,000 2,558,000 11,175,000 43,158,000 4,422,000 -8,657,000 -5,831,000  
      yoy
    		-32.72% 476.43% 306.81% -2414.06% -123.47% 21.04% -596.55% -93.29% 7.48% -156.61% -88.49% -922.41% 232.18% -13.30% -1900.00% -57.35% -28.96% 374.18% -107.22% -417.72% -12.04% -152.67% 123.84% -164.13% 170.38% -2110.65% 114.37% -62.40% 31.54% -93.17% 36.43% -1217.24% 747.59% -621.51% -34.78% -81.59% 383.02% -125.76% 787.80% 54.51% -98.02% 246.86% -129.55% -291.65%      
      qoq
    		-81.91% -17.34% 97.77% 127.50% 55.00% -41.67% -1225.00% -97.69% -899.42% -339.31% -84.80% -63.04% 321.04% -51.35% -1186.21% -114.93% 9.90% -1110.00% -74.26% -124.87% 633.57% -84.62% 1032.59% -93.12% -539.24% -165.36% -424.47% -129.03% 3166.34% -93.03% -156.91% -201.55% 69.68% 39.12% 366.05% -22.96% -204.40% -117.40% 31.53% 1921.78% -94.43% 499.61% -77.11% -74.11% 875.98% -151.08% 48.47%   
      operating margin %
    		-15.84% -89.50% -86.68% -89.70% -19.69% -17.50% -29.67% 2.08% 38.36% -10.55% 3.65% 27.81% 44.27% 15.91% 31.92% -6.03% 21.57% 22.67% -2.88% -14.27% 24.63% 12.76% 25.67% 7.71% 27.08% -44.49% 18.14% -30.97% 42.60% 2.40% 22.93% -191.58% 33.86% 27.85% 23.84% 6.79% 7.67% -9.13% 31.03% 26.76% 2.39% 27.10% 5.88% 26.16% 48.15% 10.13% -37.34% -22.05%  
      other income:
    		                                                 
      interest expense
    		-21,700,000 -19,700,000 -28,600,000 -17,900,000 -12,800,000 -8,500,000 -7,800,000 -8,200,000 -9,000,000 -8,400,000 -8,600,000 -8,500,000 -8,700,000 -7,600,000 -6,400,000 -8,600,000 -9,100,000 -10,300,000 -9,500,000 -9,600,000 -4,652,000 -1,938,000 -6,093,000 -1,524,000 -4,862,000 -1,661,000 5,000 -11,000   -6,000    -2,000 -5,000 7,000 -4,000    2,000   -17,000  -21,000 -26,000  
      gain on sale of business
    		 -700,000 74,900,000                                               
      other
    		11,000,000 -3,400,000 -3,600,000 4,900,000 6,700,000 -13,400,000 -3,000,000 -2,000,000 -900,000 -2,400,000 1,300,000 -1,700,000 3,400,000 1,300,000 1,100,000                                   
      total other income
    		-10,700,000 -23,800,000 42,700,000 -13,000,000 -6,100,000 -21,900,000 -10,800,000 -10,200,000 -9,900,000 -10,800,000 -7,300,000 -10,200,000 -5,300,000 -6,300,000 -5,300,000 -9,700,000 -6,200,000 -11,800,000 -8,100,000 -10,600,000 -4,387,000 -1,265,000 -5,079,000 -1,222,000 -4,791,000 -1,479,000 2,069,000 29,000 -228,000 59,000 -21,000 34,000 19,000 -965,000 380,000 375,000 372,000 428,000 289,000 272,000 309,000 477,000 650,000 650,000 839,000 451,000 579,000 1,025,000  
      income before income taxes
    		-54,500,000 -265,900,000 -250,200,000 -161,100,000 -71,200,000 -63,900,000 -82,800,000 -3,800,000 267,500,000 -45,500,000 7,200,000 85,200,000     1,475,000 58,900,000 -15,100,000                               
      income tax benefit
    		-5,000,000 -2,500,000 11,100,000 21,900,000 3,675,000 -11,800,000       8,675,000 15,500,000 28,000,000 8,800,000 -425,000 15,700,000  -11,800,000                              
      net income
    		-49,500,000 -263,400,000 -261,300,000 -183,000,000 -88,000,000 -75,700,000 -56,400,000 -3,700,000 189,300,000 -32,700,000 4,600,000 69,700,000 185,400,000 39,500,000 92,700,000 -12,500,000 46,900,000 43,200,000 -9,500,000 -26,000,000 72,109,000 10,485,000 47,785,000 3,991,000 84,390,000 -21,520,000 26,948,000 -8,805,000 26,900,000 -137,000 12,523,000 -23,173,000 23,888,000 11,944,000 9,434,000 1,918,000 3,661,000 -539,000 13,251,000 10,172,000 1,455,000 10,386,000 1,815,000 7,024,000 27,741,000 2,845,000 -4,961,000 -2,690,000  
      yoy
    		-43.75% 247.95% 363.30% 4845.95% -146.49% 131.50% -1326.09% -105.31% 2.10% -182.78% -95.04% -657.60% 295.31% -8.56% -1075.79% -51.92% -34.96% 312.02% -119.88% -751.47% -14.55% -148.72% 77.32% -145.33% 213.72% 15608.03% 115.19% -62.00% 12.61% -101.15% 32.74% -1308.19% 552.50% -2315.96% -28.81% -81.14% 151.62% -105.19% 630.08% 44.82% -94.76% 265.06% -136.59% -361.12%      
      qoq
    		-81.21% 0.80% 42.79% 107.95% 16.25% 34.22% 1424.32% -101.95% -678.90% -810.87% -93.40% -62.41% 369.37% -57.39% -841.60% -126.65% 8.56% -554.74% -63.46% -136.06% 587.73% -78.06% 1097.32% -95.27% -492.15% -179.86% -406.05% -132.73% -19735.04% -101.09% -154.04% -197.01% 100.00% 26.61% 391.87% -47.61% -779.22% -104.07% 30.27% 599.11% -85.99% 472.23% -74.16% -74.68% 875.08% -157.35% 84.42%   
      net income margin %
    		-17.90% -97.38% -77.33% -110.84% -26.61% -31.54% -23.24% -1.20% 26.18% -9.94% 1.16% 20.32% 31.80% 10.25% 23.49% -6.49% 13.02% 13.86% -3.91% -13.64% 16.24% 8.97% 12.65% 3.60% 18.38% -33.82% 11.29% -20.43% 24.92% -0.23% 14.21% -125.04% 23.14% 16.14% 15.18% 4.10% 6.80% -1.25% 18.10% 15.77% 4.07% 18.35% 4.17% 16.44% 30.95% 6.52% -21.40% -10.17%  
      net income per common share
    		                                                 
      basic
    		-880,000 -5,080,000 -5,150,000  -1,760,000 -1,520,000 -1,130,000 -70,000 3,540,000 -610,000 90,000 1,310,000 570,000 750,000 1,760,000 -240,000 37,500 840,000 -180,000 -510,000                              
      diluted
    		-880,000 -5,080,000 -5,150,000  -1,760,000 -1,520,000 -1,130,000 -70,000 3,500,000 -610,000 90,000 1,280,000 557,500 730,000 1,730,000 -240,000 37,500 830,000 -180,000 -510,000                              
      weighted-average shares outstanding
    		                                                 
      basic
    		51,200,000 51,800,000 50,700,000 50,200,000                                              
      diluted
    		51,200,000 51,800,000 50,700,000 50,200,000                                              
      cdmo:
    		                                                 
      loss per common share
    		                                                 
      basic
    		   -3,650,000                                              
      diluted
    		   -3,650,000                                              
      total cdmo
    		    17,900,000 36,400,000                                            
      shares used in computing net income per common share
    		                                                 
      basic
    		    -100,000 49,900,000 50,000,000 50,700,000 -0.1 53.7 53.6 53.3 13.125 53 52.6 52 12.85 51.6 51.5 51.2                              
      diluted
    		    -100,000 49,900,000 50,000,000 50,700,000 -0.2 53.7 54 54.5 13.4 54.3 53.5 52 13.075 52.3 51.5 51.2                              
      contract development and manufacturing:
    		                                                 
      total contract development and manufacturing
    		      -1,800,000 60,800,000 104,075,000 41,600,000                                        
      cost of contract development and manufacturing
    		      78,800,000 75,600,000 76,900,000 114,300,000                                        
      income taxes
    		      26,400,000 100,000 88,800,000 12,800,000 -2,600,000 -15,500,000                                      
      shares used in computing income per share
    		                                                 
      basic
    		    -100,000 49,900,000 50,000,000 50,700,000 -0.1 53.7 53.6 53.3 13.125 53 52.6 52 12.85 51.6 51.5 51.2                              
      diluted
    		    -100,000 49,900,000 50,000,000 50,700,000 -0.2 53.7 54 54.5 13.4 54.3 53.5 52 13.075 52.3 51.5 51.2                              
      contract development and manufacturing services
    		          190,900,000 183,800,000 199,100,000 157,100,000 72,600,000 21,700,000                                  
      cost of product sales and contract development and manufacturing services
    		          227,800,000 99,300,000 168,300,000 149,000,000 129,800,000 76,900,000                                  
      income before benefit for income taxes
    		            38,600,000 55,000,000                                    
      income before benefit from income taxes
    		              120,700,000 -21,300,000    -37,800,000   1,834,750 7,339,000 119,558,000 -29,789,000 45,386,000 -13,321,000 45,762,000 1,467,000 20,186,000 -35,472,000 34,982,000 19,640,000 15,191,000 3,553,000 4,497,000 -3,523,000 22,999,000 17,538,000   3,208,000 11,825,000 43,997,000 4,873,000 -8,078,000 -4,806,000  
      other income
    		               -1,100,000 2,900,000 -1,500,000 1,400,000 -1,000,000 -1,115,000 300,000 147,000 116,000 -419,000 100,000 1,953,000 17,000 -252,000 37,000 -39,000 -1,000 -11,000 -1,003,000 6,000 -8,000 -22,000 6,000 -10,000 -24,000 -49,000  198,000 -14,000 -8,000 -14,000 1,000 177,000  
      shares used in computing loss per share
    		                                                 
      basic
    		    -100,000 49,900,000 50,000,000 50,700,000 -0.1 53.7 53.6 53.3 13.125 53 52.6 52 12.85 51.6 51.5 51.2                              
      diluted
    		    -100,000 49,900,000 50,000,000 50,700,000 -0.2 53.7 54 54.5 13.4 54.3 53.5 52 13.075 52.3 51.5 51.2                              
      contract manufacturing
    		                13,650,000 20,000,000 18,700,000 15,900,000 51,307,000 17,628,000 41,551,000 7,587,000 30,725,000 12,243,000                        
      cost of product sales and contract manufacturing
    		                75,175,000 108,000,000 100,800,000 91,800,000 149,385,000 46,322,000 102,781,000 28,503,000 105,547,000 18,748,000                        
      amortization of acquisition-related intangible assets
    		                  14,700,000                               
      income tax (benefit) expense
    		                  -5,600,000                               
      interest income
    		                    1,380,000 373,000 867,000 186,000 490,000 82,000 111,000 23,000 24,000 22,000 24,000 35,000 30,000 38,000 376,000 388,000 387,000 426,000 305,000 300,000 401,000 476,000 457,000 665,000 864,000 472,000 599,000 874,000  
      income from continuing operations before benefit from income taxes
    		                    104,988,000 13,645,000                            
      benefit from income taxes
    		                    32,879,000 3,160,000 33,349,000 3,348,000 35,168,000 -8,269,000 18,438,000 -4,516,000 18,862,000 1,604,000 7,663,000 -12,299,000 11,094,000 7,696,000 5,757,000 1,635,000 836,000 -2,984,000 9,748,000 7,366,000 4,000 5,857,000 1,393,000 4,801,000 16,256,000 2,028,000 -3,117,000 -2,116,000  
      net income from continuing operations
    		                    72,109,000 10,485,000                            
      net income from discontinued operations
    		                                                 
      net income from continuing operations - basic
    		                    65 260                            
      net income from discontinued operations - basic
    		                                                 
      net income per share
    		                    1.72 0.26 1.46 0.1                          
      net income from continuing operations - diluted
    		                    0.058 0.23                            
      net income from discontinued operations - diluted
    		                                                 
      weighted-average number of shares - basic
    		            52.7    51.5    41,816,431 40,727,755 40,184,159 39,542,656 38,595,435 37,949,358 36,080,495 35,968,064 35,658,907 35,855,217 35,619,514 35,179,317 31,782,286 31,301,796 31,097,445 30,879,970 30,444,485  30,271,317 30,184,098 29,835,134 29,818,994 29,763,872 29,750,237 28,995,667 29,739,797 28,599,405 27,864,328  
      weighted-average number of shares - diluted
    		            53.8    52.4    50,327,937 49,718,426 49,335,112 48,359,892 47,255,842 37,949,358 36,420,662 35,968,064 36,206,052 36,447,933 36,667,452 35,179,317 32,539,500 32,113,313 31,900,000 31,432,751 31,375,305  30,949,612 31,454,456 30,458,098 30,590,950 30,044,691 29,819,727 29,663,127 29,900,571 28,599,405 27,864,328  
      contracts, grants and collaborations
    		                      7,927,250 31,709,000 89,806,000 33,099,000                        
      operating expense:
    		                                                 
      loss per share - basic
    		                          -0.055 -0.22                      
      loss per share - diluted
    		                        -0.143 -0.57 -0.055 -0.22                      
      impairment of in-process research and development
    		                                                 
      net income attributable to noncontrolling interest
    		                          4,638,000 743,000     2,359,000 1,176,000 374,000 605,000 573,000 1,488,000 1,591,000 947,000          
      net income attributable to emergent biosolutions inc.
    		                          31,586,000 -8,062,000 28,657,000 1,549,000 14,210,000 -21,397,000 26,247,000 13,120,000 9,808,000 2,523,000 4,234,000 949,000 14,842,000 11,119,000          
      net income attributable to noncontrolling interests
    		                            1,287,250 1,686,000 1,687,000 1,776,000                  
      earnings per share - basic
    		                            0.81 0.04 0.4 -0.61 0.81 0.42 0.32 0.08   0.49 0.37 0.04 0.35 0.06 0.24 0.96 0.1 -0.17 -0.1  
      earnings per share - diluted
    		                            0.8 0.04 0.39 -0.61 0.79 0.41 0.31 0.08   0.48 0.35 0.04 0.34 0.06 0.24 0.94 0.1 -0.17 -0.1  
      earnings per share — basic
    		                                    0.223 0.03            
      earnings per share — diluted
    		                                    0.215 0.03            
      weighted-average number of shares — basic
    		                                     30,506,661            
      weighted-average number of shares — diluted
    		                                     31,534,831            
      minority interest in subsidiary
    		                                        296,000 428,000        
      income before benefit from
    		                                                 
      (benefit from) income taxes
    		                                        7,819,500 16,243,000        
      purchased in-process research and development
    		                                                 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.