Alvotech (ALVO) — Financial statements
Income statement, balance sheet, and cash flow for Alvotech — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 586↑19.7% | 490↑435.6% | 91↑10.1% | 83↑125.8% | 37 | |
| Cost of Revenue | 236↑27.1% | 185↑15.2% | 161↑151.0% | 64 | 0.00 | |
| Gross Profit | 351↑15.2% | 304↑538.4% | -69↓466.7% | 19↓48.5% | 37 | |
| Operating Expenses | ||||||
| R&D Expenses | 184↑7.5% | 171↓18.7% | 211↑16.7% | 181↓5.4% | 191 | |
| General & Administrative Expenses | 91↑48.0% | 61↓15.9% | 73↓60.9% | 187↑122.0% | 84 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 91↑48.0% | 61↓15.9% | 73↓60.9% | 187↑122.0% | 84 | |
| Other Expenses | -3↓231.6% | 2↑24.8% | 2↑179.1% | -2↑31.7% | -3 | |
| Operating Expenses | 273↑16.1% | 235↓17.8% | 285↓21.9% | 365↑34.2% | 272 | |
| Total Costs & Expenses | 508↑21.0% | 420↓5.9% | 446↑3.9% | 429↑57.8% | 272 | |
| Operating Results | ||||||
| Operating Income | 78↑12.3% | 70↑119.6% | -355↓2.4% | -346↓47.1% | -235 | |
| Depreciation & Amortization | 38↑20.9% | 31↑29.3% | 24↑18.6% | 20↑12.2% | 18 | |
| EBITDA | 323↑1102.0% | -32↑93.5% | -494↓12.2% | -440↓2339.1% | -18 | |
| EBIT | 286↑549.1% | -64↑87.7% | -518↓12.5% | -460↓1170.3% | -36 | |
| Interest & Other Income | ||||||
| Net Interest Income | 49↑132.2% | -153↓17.7% | -130↓43.6% | -91↑19.9% | -113 | |
| Interest Income | 198↑4199.2% | 5↓4.3% | 5↑428.8% | 0.91↑4700.0% | 0.02 | |
| Interest Expense | 149↓5.3% | 158↑16.9% | 135↑47.4% | 91↓19.1% | 113 | |
| Non-Operating Income | -207↓255.6% | 133↓18.3% | 163↑43.3% | 114↑157.1% | -199 | |
| Other Income / Expenses | 58↑120.2% | -287↑3.0% | -296↓44.3% | -205↓337.9% | 86 | |
| Income Before Tax | 136↑162.7% | -218↑66.6% | -651↓18.0% | -552↓269.7% | -149 | |
| Income Tax Expense | 108↑658.2% | 14↑114.4% | -99↓160.9% | -38↑20.2% | -48 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 28↑112.0% | -232↑58.0% | -552↓7.4% | -514↓406.0% | -102 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 28↑112.0% | -232↑58.0% | -552↓7.4% | -514↓406.0% | -102 | |
| Bottom-Line Net Income | 28↑112.0% | -232↑58.0% | -552↓7.4% | -514↓406.0% | -102 | |
| EPS (Basic) | 0.10↑111.5% | -0.87↑64.2% | -2.43↑6.5% | -2.60↑20.0% | -3.25 | |
| EPS (Diluted) | 0.10↑111.5% | -0.87↑64.2% | -2.43↑6.5% | -2.60↑20.0% | -3.25 | |
| Weighted Average Shares | 279↑4.2% | 268↑17.9% | 227↑14.9% | 198↑532.7% | 31 | |
| Weighted Average Diluted Shares | 279↑4.2% | 268↑17.9% | 227↑14.9% | 198↑532.7% | 31 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.