Amphastar Reports Q3 Revenue of $207.6 Million and Adjusted EPS of $1.14
Amphastar reported Q3 2026 revenue of $207.6M, up 8% YoY, with GAAP net income of $37.8M. Adjusted EPS was $1.14. Key products like BAQSIMI and Primatene MIST saw sales growth, while Lidocaine and Ipratropium bromide performed strongly. Teriparatide and API sales also contributed to growth. Manufacturing issues impacted some product sales and expenses.
How this was made

The 30-second read
Why it matters
The earnings beat and revenue growth may trigger buying interest in the stock, while remediation costs could temper enthusiasm.
Market read
First‑report earnings release for a micro‑cap pharma, offering a fresh trading catalyst.
What to watch
Ongoing IMS remediation and facility expansion may pressure margins despite revenue growth.
Background
Amphastar filed an 8‑K with the SEC reporting its third‑quarter 2026 financial results.
Ticker impact
Amphastar Pharmaceuticals reported Q3 2026 revenue of $207.6M and adjusted EPS of $1.14, a material earnings release.
potential upside as market prices in the earnings beat
Revenue grew 8% YoY and operating income more than doubled, indicating improved performance.
Market effects
Strengthens the generic pharma sector outlook with higher demand for inhalers and biosimilars.
Positive for US biotech investors tracking small-cap earnings.
Limited to niche pharma investors; no broad market effect.
Counterpoint
Higher operating expenses from remediation could limit near‑term profit growth.
Key entities
- companyAmphastar Pharmaceuticals, Inc.
US‑listed specialty pharmaceutical company (ticker AMPH).



