NASDAQ$INDV

Indivior Pharmaceuticals Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Indivior reported Q4 2025 total net revenue of $358M, GAAP net income of $102M, and adjusted EBITDA of $142M.

Q4 2025 total net revenue was $358 million with SUBLOCADE net revenue of $252 million (+30% YoY). GAAP net income was $102 million ($0.79 diluted EPS) and non-GAAP net income was $107 million ($0.82 EPS). Adjusted EBITDA was $142 million, a quarterly record.

  • Total net revenue $358M.
  • SUBLOCADE revenue $252M (+30% YoY).
  • GAAP net income $102M; EPS $0.79.
  • Record quarterly adjusted EBITDA $142M.

Headline financials

Total Revenue

$358M

No prior period
EPS (adj)

$0.82

No prior period
Net Income

$102M

No prior period
Operating Income

$142M

No prior period

Revenue & EPS history

Indivior · Revenue · Quarterly

$358M

Q4 2025
Beat estimate in 8 of 9 quarters(89%)
ActualEstimate

Forward guidance

2026 outlook targets mid-teens SUBLOCADE volume growth and accelerated cash flow.

Tailwinds

  • SUBLOCADE dispense units +12% in U.S.
  • Operating model transformation lowering cost base.

Headwinds

  • Opioid addiction market competition.
  • Payer access and Medicaid dynamics.

Historical earnings impact

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

Avg. return before/after earnings

Based on 10 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+7.2%

Avg return

Earnings day

+12.4%

Avg return

5 days after

+871.4%

Avg return

30 days after

73%

8 / 11 earnings

Positive

+24.4%

Q4 2023

Best reaction

-16.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.7%+15.9%
Q4 2025+0.2%-8.2%-13.9%
Q3 2025+15.4%+26.8%+33.1%
Q2 2025+16.1%+25.3%+39.5%
Q1 2025+17.3%+24.3%+8632.9%
Q3 2024+7.0%+7.0%+27.1%
Q2 2024+19.2%+8.3%-5.4%
Q1 2024-7.0%+25.5%+13.1%
Q4 2023+24.4%+27.1%+19.3%
Q3 2023-16.0%-9.4%-21.5%
Q2 2023-5.4%-6.8%-10.1%

Discussion

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