Quarterly ResultMay 6, 2026, 04:17 PM
Repligen Q1 Revenue $194.26M, Net Income $8.33M; Divests Polymem
AI Summary
Repligen reported a rise in Q1 2026 total revenue to $194.26 million, up from $169.17 million in the prior year. Net income also increased to $8.33 million, or $0.15 per basic share, compared to $5.83 million, or $0.10 per basic share, in Q1 2025. The company completed the sale of Polymem S.A.S. for approximately $4.4 million, resulting in a $13.8 million loss on sale, and initiated restructuring activities to optimize its global manufacturing footprint.
Key Highlights
- Completed the sale of Polymem S.A.S. for approximately $4.4 million, recognizing a $13.8 million loss.
- Q1 2026 total revenue increased to $194.26 million from $169.17 million in Q1 2025.
- Q1 2026 net income rose to $8.33 million, up from $5.83 million in Q1 2025.
- Basic EPS for Q1 2026 was $0.15, compared to $0.10 in Q1 2025.
- Cash and cash equivalents were $582.65 million as of March 31, 2026.
- Total assets were $2,930.77 million as of March 31, 2026.
- Incurred $1.50 million in restructuring activities and other charges in Q1 2026.
- Goodwill decreased to $1,106.87 million as of March 31, 2026.