Kamada (KMDA) Financial Statements & Analysis

Kamada (KMDA) Income Statement

Kamada reported revenue of $195.34M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 21.4% from $160.95M a year earlier. Net income was $21.86M, up 51.2% year over year, a net margin of 11.2%. Gross margin was 40.1% and operating margin 14.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $54.92M, up 22.7% from the same quarter a year earlier.

Kamada Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Kamada Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	195.34	160.95	142.52	129.34	103.64	133.25	127.19	114.47	102.83
Cost of Revenue	117.06	90.99	87.03	82.64	73.31	85.69	77.45	73.00	70.74
Gross Profit	78.28	69.97	55.49	46.70	30.33	47.55	49.74	41.47	32.09
Operating Expenses
Research & Development	13.26	15.19	13.93	13.17	9.22	13.61	13.06	9.75	11.97
Selling, General & Administrative	33.84	30.83	27.45	25.06	19.96	14.66	13.56	12.16	12.67
Operating Expenses	49.89	49.92	45.43	42.17	31.02	28.32	26.95	22.21	24.64
Operating Income	28.40	20.05	10.06	4.53	-0.70	19.24	22.78	19.26	7.44
Other Income/Expense
Interest Income	2.08	2.12	0.59	0.09	0.30	1.03	1.15	0.82	0.50
Interest Expense	0.94	0.66	1.30	0.91	0.28	0.27	0.29	0.34	0.16
Other Income/Expense	-2.99	-6.72	-0.93	-5.97	-0.91	-0.67	0.20	1.08	-0.27
Income
Income Before Tax	25.40	13.33	8.43	-2.26	-1.89	18.57	22.98	20.34	7.17
Income Tax Expense	3.54	-1.13	0.15	0.06	0.35	1.43	0.73	-1.96	0.27
Net Income	21.86	14.46	8.28	-2.32	-2.23	17.14	22.25	22.30	6.90
Net Income - Continuous Operations	21.86	14.46	8.28	-2.32	-2.23	17.14	22.25	22.30	6.90
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	44.54	27.80	22.44	10.81	6.71	23.73	27.79	22.96	10.97
EBIT	26.23	13.99	9.73	-1.35	1.10	19.24	-	-	-
Depreciation & Amortization	16.15	13.81	3.13	3.03	5.61	4.90	4.52	3.70	3.52
Earnings Per Share
Basic EPS	-	-	-	-	-	-	1.00	1.00	-
Diluted EPS	-	-	-	-	-	-	1.00	1.00	-
Basic Shares Outstanding	57.65	54.86	48.83	46.42	44.77	43.95	40.32	40.28	37.97
Diluted Shares Outstanding	58.35	54.86	53.68	46.42	44.90	45.11	40.58	40.54	38.05

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Kamada Financial Statements

What was Kamada's revenue in fiscal 2025?

Kamada reported revenue of $195.34M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 21.4% from $160.95M a year earlier.

Is Kamada profitable?

Yes. Kamada earned net income of $21.86M in fiscal 2025, a net margin of 11.2%. In fiscal 2024 it earned $14.46M.

What is Kamada's operating margin?

Kamada's operating income was $28.40M on revenue of $195.34M in fiscal 2025, an operating margin of 14.5%, compared with 12.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition