NASDAQ$ANIK

Anika Therapeutics Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Anika Therapeutics reported lower revenue and increased net loss for Q2 2025 amid strategic divestitures.

Anika Therapeutics Inc recorded revenue of $28.2 million for the three months ended June 30, 2025, down from $30.7 million in the prior year quarter. The company posted a net loss of $4.0 million compared to a near breakeven result last year, driven by higher cost of revenue and inventory reserves. The quarter reflected continued focus on OA Pain Management and Regenerative Solutions following the sales of Arthrosurface and Parcus Medical.

  • Q2 revenue declined 8% year-over-year to $28.2 million, primarily due to lower OEM channel volumes and pricing.
  • Gross margin fell to 51% from 67% due to elevated inventory reserves and manufacturing costs.
  • Net loss widened to $4.0 million as operating expenses remained elevated relative to revenue.
  • Cash and cash equivalents stood at $53.2 million at quarter end following completion of Parcus divestiture.

Headline financials

Total Revenue

$28.2M

Previous: $41.9M-32.7%
EPS (adj)

-$0.28

Previous: $0.17-264.7%
Capital Expenditures

-$4.29M

Previous: -$5.21M+17.7%
Net Income

-$3.97M

Previous: -$88K-4411.4%
Operating Income

-$4.18M

Previous: $161K-2696.3%
Gross Profit

$14.4M

Previous: $27.4M-47.5%
Cash & Equivalents

$53.2M

No prior period

Revenue & EPS history

Anika · Revenue · Quarterly

$28.2M

Q2 2025-32.7%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Anika · $28.2M total across 2 segments · Q2 2025

  • OEM Channel
    $16.3M
  • Commercial Channel
    $11.9M

Forward guidance

No quantitative forward guidance provided in the filing.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.1%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-2.8%

Avg return

30 days after

51%

33 / 65 earnings

Positive

+32.1%

Q3 2019

Best reaction

-33.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-18.8%-4.7%-4.8%
Q4 2025+16.8%+31.6%+30.5%
Q3 2025+0.8%-0.5%+2.1%
Q1 2025-20.7%-23.2%-23.0%
Q4 2024-11.1%-7.3%-20.3%
Q3 2024-33.0%-34.0%-28.2%
Q2 2024-1.0%-3.6%-5.4%
Q1 2024-10.9%-9.9%-9.1%
Q4 2023-4.8%-2.0%-3.1%
Q3 2023+7.4%+6.7%+15.2%
Q2 2023-4.9%-12.7%-18.0%
Q1 2023-2.8%-3.2%+3.2%
Q4 2022-18.0%-17.4%-10.4%
Q3 2022+0.3%+5.3%+6.3%
Q2 2022-4.9%-2.7%-6.0%
Q1 2022-4.9%-3.8%+1.1%
Q4 2021-15.9%-18.0%-20.1%
Q3 2021+3.1%-8.2%-12.8%
Q2 2021+1.0%+0.8%+1.3%
Q1 2021+1.3%+2.8%+10.9%
Q4 2020-10.5%-12.1%+3.9%
Q3 2020-3.3%+0.2%+7.6%
Q2 2020+0.3%-8.7%+2.9%
Q1 2020-9.9%-12.2%+9.1%
Q4 2019+0.4%+0.1%-39.5%
Q3 2019+32.1%+21.5%+3.7%
Q2 2019+29.1%+31.0%+37.2%
Q1 2019+19.6%+21.5%+15.9%
Q4 2018-15.3%-18.8%-26.5%
Q3 2018-11.0%-13.6%-13.9%
Q2 2018+18.6%+15.0%+20.8%
Q1 2018-22.9%-15.7%-8.6%
Q4 2017-4.0%-11.3%-17.4%
Q3 2017-8.0%-9.2%-8.0%
Q2 2017+7.1%+6.0%+9.3%
Q1 2017-5.5%-1.8%+0.4%
Q4 2016-5.0%-5.1%-16.4%
Q3 2016+2.0%+2.7%+8.0%
Q2 2016-5.0%-2.3%-6.7%
Q1 2016+0.5%
Q4 2015+11.2%
Q3 2015+12.5%
Q2 2015+3.2%
Q1 2015-7.5%
Q4 2014-10.7%
Q3 2014+1.0%
Q2 2014+4.1%
Q1 2014+7.7%
Q4 2013+26.9%
Q3 2013+6.5%
Q2 2013+21.9%
Q1 2013-1.8%
Q4 2012+16.6%
Q3 2012-7.7%
Q2 2012+24.4%
Q1 2011+0.6%
Q1 2012+2.8%
Q4 2009+1.5%
Q4 2011+1.5%
Q3 2010+7.0%
Q3 2011+7.0%
Q4 2010-3.4%
Q2 2010-3.4%
Q2 2011-3.4%
Q1 2010-1.7%

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