Revenue
2018
2019
2020
2021
2022
2023
2024
2025
Adagene Inc. (ADAG)
Price$3.37Cached quote
Net income
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.7M | $103,204 | $18.1M | $9.3M | $10.2M | $700,913 | $480,000 | $1.5M |
| Research & development | $22.0M | $28.8M | $36.6M | $81.3M | $68.1M | $33.5M | $16.2M | $16.1M |
| Operating expenses | $29.1M | $36.1M | $41.8M | $93.2M | — | — | — | — |
| Operating income | −$21.4M | −$36.0M | −$23.7M | −$83.9M | −$72.4M | −$43.2M | −$19.2M | −$17.3M |
| Operating margin | −279.48% | −34,835.42% | −130.97% | −903.08% | −711.18% | −6,156.49% | −3,993.68% | −1,147.09% |
| EBITDA | −$21.0M | −$35.2M | −$22.7M | −$82.8M | −$71.2M | −$42.3M | −$18.4M | −$16.4M |
| EBITDA margin | −273.75% | −34,134.91% | −125.55% | −890.75% | −700.12% | −6,034.02% | −3,823.53% | −1,086.94% |
| Net income | −$17.6M | −$33.4M | −$18.9M | −$80.0M | −$73.2M | −$42.4M | −$16.4M | −$15.3M |
| Net profit margin | −229.56% | −32,386.45% | −104.61% | −860.59% | −719.18% | −6,048.86% | −3,423.40% | −1,010.22% |
| Basic EPSper basic share | -$0.30 | -$0.59 | -$0.35 | -$1.48 | -$1.46 | -$2.67 | -$1.10 | -$0.94 |
| Diluted EPSper diluted share | -$0.30 | -$0.59 | -$0.35 | -$1.48 | -$1.46 | -$2.67 | -$1.10 | -$0.94 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
Jupiter Topco LLC | 6.67M |
DEERFIELD MANAGEMENT COMPANY, L.P. | 2.67M |
Siren, L.L.C. | 2.67M |
AMERIPRISE FINANCIAL INC | 1.72M |
HSG Holding Ltd | 1.34M |
Squadron Capital Management LLC | 1.25M |
Dauntless Investment Group, LLC | 537.23K |
CITADEL ADVISORS LLC | 506.93K |
Exome Asset Management LLC | 488.29K |
Birchview Capital, LP | 240K |
MONETA GROUP INVESTMENT ADVISORS LLC | 200K |
Pathstone Holdings, LLC | 199.61K |
RENAISSANCE TECHNOLOGIES LLC | 146.5K |
UBS Group AG | 124.06K |
GOLDMAN SACHS GROUP INC | 105.6K |
Quadrature Capital Ltd | 80.49K |
MARSHALL WACE, LLP | 69.1K |
Invesco Ltd. | 42.95K |
SmartHarvest Portfolios, LLC | 41.69K |
Kamunting Street Capital Management, L.P. | 38.07K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data