Quarterly ResultMay 5, 2026, 07:01 AM
Repligen Q1 Revenue $194M, EPS $0.48; Raises FY26 Adj. EPS Guidance
AI Summary
Repligen Corporation reported a strong start to 2026, with first-quarter revenue increasing 15% to $194 million and adjusted EPS rising 23% to $0.48. The company also raised its full-year 2026 adjusted EPS guidance to $1.97-$2.05, reflecting confidence in its outlook. Strategic initiatives include a new OEM partnership in China, the launch of a Transformation Office focused on profitable growth, and the divestiture of the non-core Polymem filtration business.
Key Highlights
- Q1 2026 reported revenue was $194 million, a 15% year-over-year increase (11% organic).
- Q1 2026 GAAP diluted EPS was $0.15, a 50% year-over-year increase.
- Q1 2026 adjusted diluted EPS was $0.48, a 23% year-over-year increase.
- FY26 organic revenue growth guidance was reiterated at 9%-13%.
- FY26 adjusted diluted EPS guidance was increased to $1.97-$2.05.
- Q1 2026 adjusted operating margin was 15.4%, up 160 basis points year-over-year.
- The Polymem business, divested on March 30th, generated $7 million revenue and an operating loss in 2025.
- Cash, cash equivalents, and marketable securities totaled $785 million at March 31, 2026.