Business Description

ADMA Biologics, Inc. is a commercial biopharmaceutical company that develops, manufactures, and markets specialty plasma-derived biologics. Operating primarily in the United States, the company focuses on treatments for patients with compromised immune systems and those at risk for certain infectious diseases. Its vertically integrated business model includes operating its own FDA-approved plasma collection centers to secure the raw materials needed for its therapies.

Everything on ADMA Biologics, Inc.

Revenue (FY2025) $510M
YoY growth +19.6%
Operating margin 37.5%
Direction Expanding
Gross margin 57.4%
Net margin 28.8%

Earnings Transcripts

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Leadership & board

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Share Repurchase Program

Total authorized
$500.0 million
Remaining (Three months ended December 31, 2025)
$468.1 million
Latest FY repurchased
$32.1 million (approximately 1.9 million shares) repurchased in FY2025

Named Competitors

CSL BehringGrifolsTakedaOctapharmaBPL/Kedrion

Customer Concentration

For the year ended December 31, 2025, two customers - BioCare, Inc. and Priority Healthcare Distribution, Inc. ("CuraScript") - together represented approximately 73% of ADMA's consolidated revenues.

Recent SEC Filings

2026-08-05 Reported quarterly results View filing ↗
2026-06-02 Shareholder vote results View filing ↗
2026-05-06 Reported quarterly results View filing ↗
2026-05-04 Other event View filing ↗
2026-03-27 Regulation FD disclosure View filing ↗
2026-03-02 Regulation FD disclosure (+1 more) View filing ↗
2026-02-25 Reported quarterly results (+1 more) View filing ↗
2026-01-12 Reported quarterly results (+1 more) View filing ↗
2025-11-05 Reported quarterly results View filing ↗
2025-08-06 Entered a material agreement (+3 more) View filing ↗
2025-06-04 Shareholder vote results View filing ↗
2025-05-07 Reported quarterly results (+1 more) View filing ↗

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