Emergent BioSolutions Q3 revenue falls 52% to $110.0 million; cuts 2026 revenue outlook
Emergent BioSolutions reported third-quarter 2026 total revenues of $110.0 million, down 52% from $231.1 million a year earlier, and a net loss of $32.7 million, compared with net income of $51.2 million in the prior-year quarter. The company lowered its full-year 2026 total revenue forecast to $600 million to $645 million from $645 million to $675 million, and its adjusted EBITDA forecast to $110 million to $140 million from $130 million to $150 million. Chief Financial Officer Rich Lindahl will retire effective December 31, 2026.
Key points
- Q3 2026 total revenues were $110.0 million versus $231.1 million in Q3 2025; net loss per diluted share was $(0.64) versus $0.91 of net income per diluted share.
- 2026 total revenue forecast revised to $600 million to $645 million, from $645 million to $675 million previously.
- 2026 adjusted EBITDA forecast revised to $110 million to $140 million, from $130 million to $150 million previously.
- Chief Financial Officer Rich Lindahl retires December 31, 2026; Frank Vargo, Treasurer, becomes interim CFO January 1, 2027.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.