Siga Tech | 8-K: FY2026 Q2 Revenue: USD 41 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 41 M.
EPS: As of FY2026 Q2, the actual value is USD 0.17.
EBIT: As of FY2026 Q2, the actual value is USD 14.85 M.
Three Months Ended June 30, 2026 vs. 2025
- Product Sales and Supportive Services
- SIGA Technologies, Inc. reported product sales and supportive services of $37,870,335 for the three months ended June 30, 2026, compared to $79,124,860 for the same period in 2025.
- Research and Development Revenue
- Research and development revenue was $3,131,918 in 2026, up from $1,995,144 in 2025.
- Total Revenues
- Total revenues for the three months ended June 30, 2026, were $41,002,253, a decrease from $81,120,004 in the prior year period.
- Cost of Sales and Supportive Services
- Cost of sales and supportive services decreased to $17,561,185 in 2026 from $25,554,462 in 2025.
- Selling, General and Administrative Expenses
- Selling, general and administrative expenses were $5,148,992 in 2026, down from $5,487,576 in 2025.
- Research and Development (Operating Expense)
- Research and development operating expenses were $4,386,498 in 2026, a slight decrease from $4,398,097 in 2025.
- Total Operating Expenses
- Total operating expenses decreased to $27,096,675 in 2026 from $35,440,135 in 2025.
- Operating Income
- Operating income for SIGA Technologies, Inc. was $13,905,578 in 2026, significantly lower than $45,679,869 in 2025.
- Other Income, Net
- Other income, net, was $946,898 in 2026, compared to $1,592,304 in 2025.
- Income Before Income Taxes
- Income before income taxes was $14,852,476 in 2026, a reduction from $47,272,173 in 2025.
- Provision for Income Taxes
- The provision for income taxes was -$2,389,042 in 2026, compared to -$11,789,070 in 2025.
- Net and Comprehensive Income
- Net and comprehensive income for the quarter was $12,463,434 in 2026, down from $35,483,103 in 2025.
Six Months Ended June 30, 2026 vs. 2025
- Product Sales and Supportive Services
- Product sales and supportive services were $41,408,212 for the six months ended June 30, 2026, a decrease from $84,946,107 in the prior year period.
- Research and Development Revenue
- Research and development revenue increased to $5,836,622 in 2026 from $3,214,711 in 2025.
- Total Revenues
- Total revenues for the six-month period were $47,244,834 in 2026, down from $88,160,818 in 2025.
- Cost of Sales and Supportive Services
- Cost of sales and supportive services decreased to $20,502,069 in 2026 from $25,712,200 in 2025.
- Selling, General and Administrative Expenses
- Selling, general and administrative expenses were $9,822,005 in 2026, compared to $11,163,238 in 2025.
- Research and Development (Operating Expense)
- Research and development operating expenses increased to $8,336,344 in 2026 from $7,860,910 in 2025.
- Total Operating Expenses
- Total operating expenses were $38,660,418 in 2026, a decrease from $44,736,348 in 2025.
- Operating Income
- Operating income for SIGA Technologies, Inc. was $8,584,416 in 2026, significantly lower than $43,424,470 in 2025.
- Other Income, Net
- Other income, net, was $2,224,378 in 2026, compared to $3,277,288 in 2025.
- Income Before Income Taxes
- Income before income taxes was $10,808,794 in 2026, a decrease from $46,701,758 in 2025.
- Provision for Income Taxes
- The provision for income taxes was -$1,799,610 in 2026, compared to -$11,626,878 in 2025.
- Net and Comprehensive Income
- Net and comprehensive income for the six-month period was $9,009,184 in 2026, down from $35,074,880 in 2025.
Balance Sheet Highlights (as of June 30, 2026 vs. December 31, 2025)
- Cash and Cash Equivalents
- Cash and cash equivalents decreased to $117,584,444 as of June 30, 2026, from $154,966,414 as of December 31, 2025.
- Total Current Assets
- Total current assets were $170,377,782 as of June 30, 2026, compared to $212,856,864 as of December 31, 2025.
- Total Assets
- Total assets decreased to $175,736,786 as of June 30, 2026, from $219,467,434 as of December 31, 2025.
- Total Current Liabilities
- Total current liabilities decreased to $7,845,306 as of June 30, 2026, from $17,992,579 as of December 31, 2025.
- Total Liabilities
- Total liabilities were $10,446,151 as of June 30, 2026, down from $20,645,862 as of December 31, 2025.
- Total Stockholders’ Equity
- Total stockholders’ equity decreased to $165,290,635 as of June 30, 2026, from $198,821,572 as of December 31, 2025.
Operational Metrics and Capital Management
- Product Deliveries
- In the second quarter of 2026, SIGA Technologies, Inc. delivered approximately $13 million of oral TPOXX to two international customers and approximately $24 million of IV TPOXX to the U.S. strategic national stockpile, completing the last procurement order under the 19C contract.
- Cash Flow
- The provided report does not contain explicit details on operating cash flow or free cash flow.
- Capital Management
- A special cash dividend of $0.60 per share was declared on March 26, 2026, and subsequently paid on April 23, 2026, to shareholders of record as of April 7, 2026.
Outlook / Guidance
- The document does not contain specific forward-looking financial targets or guidance. Instead, it includes a disclaimer regarding various known and unknown risks and uncertainties that could cause actual results to differ materially from forward-looking statements. These risks encompass challenges in securing new U.S. Government contracts, completing the BARDA Contract, developing the international biodefense market, and obtaining regulatory approvals for products.
