StockWatch
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Biotechnology: Pharmaceutical Preparations
Quarterly ResultJul 30, 2026, 06:03 AM

Amneal Q2 Net Revenue $796M, EPS $0.18; Raises 2026 Guidance

AI Summary

Amneal Pharmaceuticals reported strong second-quarter 2026 results with net revenue of $796 million, a 10% increase year-over-year, and GAAP net income of $58 million, up 157%. Diluted EPS reached $0.18, while adjusted diluted EPS was $0.30. The company also raised its full-year 2026 guidance for net revenue, adjusted EBITDA, and adjusted diluted EPS for the second time this year, reflecting confidence in its diversified portfolio and growth drivers. Additionally, a debt repricing in July is expected to reduce annual interest costs by $12 million.

Key Highlights

  • Q2 2026 Net Revenue increased 10% to $796 million.
  • Q2 2026 GAAP Net Income rose 157% to $58 million.
  • Q2 2026 Diluted EPS was $0.18, up 157% year-over-year.
  • Full-year 2026 Net Revenue guidance raised to $3.10B-$3.20B.
  • Full-year 2026 Adjusted EBITDA guidance increased to $750M-$780M.
  • Full-year 2026 Adjusted Diluted EPS guidance raised to $0.96-$1.06.
  • Debt repricing in July 2026 to save $12 million annually in interest.
  • Specialty net revenue grew 17%; Affordable Medicines net revenue grew 13%.