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Companies / Healthcare / ADMA BIOLOGICS, INC.
ADMA

ADMA BIOLOGICS, INC.

HealthcareBiological Products
Ticker ADMARAMSEY, NJFiscal year ends DecemberBook value per share $1.74Diluted shares 235.2M

ADMA Biologics, Inc. (NASDAQ: ADMA) is a U.S.-based end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. The company operates… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$510.17M
+19.6% year over year
Last 12 mo $512.28M
37.53%
+4.9 percentage points
Last 12 mo 43.82%
$146.93M
−25.7% year over year
Last 12 mo $168.96M
30.78%
−25.9 percentage points
Last 12 mo 41.39%
Cash & financing
$50.40M
−57.5% year over year
Last 12 mo $136.72M
$27.82M
−74.8% year over year
Last 12 mo $116.47M
0.15
Was 0.21× a year earlier
Last 12 mo 0.48
244.9M
+0.6% year over year
Last 12 mo 235.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ADMA BIOLOGICS, INC. does

In the company’s own words

ADMA Biologics, Inc. (NASDAQ: ADMA) is a U.S.-based end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. The company operates through two primary business segments: ADMA BioManufacturing and Plasma Collection Centers.

Through ADMA BioManufacturing, the company manufactures and markets three FDA-approved products. ASCENIV is an intravenous immune globulin product indicated for treating Primary Humoral Immunodeficiency in adults and adolescents, approved in April 2019 with commercial sales commencing in October 2019. BIVIGAM is an IVIG product approved for treating primary immunodeficiency in adults and pediatric patients two years and older, with FDA approval received in May 2019. Nabi-HB is a hyperimmune globulin indicated for acute exposure to blood containing hepatitis B surface antigen, approved by the FDA in March 1999. The company also develops pipeline candidates including SG-001, an S. pneumoniae hyperimmune globulin currently in preclinical development.

Manufacturing operations are conducted at an FDA-licensed plasma fractionation and purification facility in Boca Raton, Florida with peak annual processing capability of up to 600,000 liters. In April 2025, the FDA approved the company's yield enhancement production process for ASCENIV and BIVIGAM, which increases production yields by approximately twenty percent from the same starting plasma volume.

The Plasma Collection Centers segment operates plasma collection facilities that provide source plasma for manufacturing and supply plasma to third-party customers. As of December 31, 2025, the company operated ten FDA-licensed plasma collection facilities, with plans to divest three centers while maintaining seven facilities and entering into long-term plasma supply agreements with the purchaser.

The company's targeted patient populations include immune-compromised individuals with underlying immune deficiency disorders or those medically immunosuppressed. The U.S. market for immune and hyperimmune globulin products was approximately thirteen billion dollars in 2024 and is projected to exceed thirty billion dollars by 2033. The company website is www.admabiologics.com.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
RAMSEY, NJ
Fiscal year end
December
CIK
1368514
SIC
2836

Financial performance, year by year

Fiscal 2013–2025 · USD
$-134.55M$41.86M$218.26M$394.67M$571.08M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ADMA BIOLOGICS, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

287
funds hold it
2 of 35
superinvestors hold it
$909.59M
held by funds, at market
47.0%
of shares held by funds

Superinvestors in ADMA BIOLOGICS, INC. · what they did last quarter

Stanley DruckenmillerINCREASED +80.1%
Duquesne Family Office
0.5%of 13F portfolio
Terry SmithUNCHANGED
Fundsmith
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · ADMA BIOLOGICS, INC.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.11%of fund net assets
0.08%of fund net assets
First Trust NYSE Arca Biotechnology Index Fund
FBT · First Trust Exchange-Traded Fund
2.33%of fund net assets
0.61%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do ADMA BIOLOGICS, INC. and its peers compare on margins and cash generation over ten years?”
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