Metric | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Revenue | $213 | $196 | $188 | $172 | $317 |
Gross Profit | $151 | $135 | $154 | $140 | $231 |
Operating Income | $37 | $22 | $33 | $3 | $81 |
Net Income | $32 | $14 | $12 | -$9 | $36 |
Edwyn
Over the five-year period, Eagle Pharmaceuticals’ revenue trend displays a modest decline from 2018 (USD 213.3 million) to 2021 (USD 171.5 million), followed by a robust rebound in 2022 (USD 316.6 million). Similarly, gross profit declined from USD 151.4 million in 2018 to USD 140.0 million in 2021 but then experienced a significant jump to USD 231.2 million in 2022. These fluctuations suggest an initial contraction or pricing/volume challenges in recent years, before a marked turnaround in 2022. Operating income followed a comparable pattern: after declining from USD 36.6 million in 2018 to just USD 2.8 million in 2021—a decline exceeding 90% from the previous peak—the figure nearly tripled to USD 81.0 million in 2022. Net income reflects these challenges as well, steadily decreasing from USD 31.9 million in 2018 to a loss of USD 8.6 million in 2021, then recovering to USD 35.6 million in 2022. The significant year-over-year swing in 2022—where revenue, operating income, and net income all surged by over 20% compared to 2021—indicates an operational turnaround that may be driven by improved market conditions or a strategic repositioning within the pharmaceutical sector. In the context of the pharmaceutical industry, where regulatory changes, product pipeline developments, and competitive pressures play pivotal roles, such a recovery suggests the company may have effectively navigated prior operational hurdles. Overall, based on these metrics, Eagle Pharmaceuticals appears to have strengthened its financial health and restored profitability, though sustaining these gains will require maintaining the drivers behind the 2022 recovery.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.