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Companies / Health Care / Amphastar Pharmaceuticals, Inc.
AMPH

Amphastar Pharmaceuticals, Inc.

Health CarePharmaceutical Preparations
Ticker AMPHRANCHO CUCAMONGA, CAFiscal year ends DecemberBook value per share $18.23Diluted shares 44.7M

Amphastar Pharmaceuticals, Inc. (Nasdaq: AMPH) develops, manufactures, and commercializes technically challenging generic and proprietary injectable, inhalation, and intranasal medicines, as well as active pharmaceutical ingredients (APIs). Its products serve hospitals, long-term care facilities, clinics, doctors’… From the company’s description.

Over the twelve months to Sep 30, 2026, Amphastar Pharmaceuticals, Inc. reported revenue of $745.79M, up 3.1% from a year earlier, and net income of $98.96M. Its operating margin was 18.7%, and operations generated $175.33M in cash. In fiscal 2025, it reported revenue of $719.89M, down 1.7% from fiscal 2024, and net income of $98.09M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$719.89MFY2025
−1.7% year over year
Last 12 mo $745.79M
19.50%FY2025
−8.6 percentage points
Last 12 mo 18.74%
$98.09MFY2025
−38.5% year over year
Last 12 mo $98.96M
12.44%FY2025
−9.3 percentage points
Last 12 mo 12.15%
Cash & financing
$156.12MFY2025
−26.8% year over year
Last 12 mo $175.33M
$121.23MFY2025
−29.7% year over year
Last 12 mo $139.01M
0.77FY2025
Was 0.82× a year earlier
Last 12 mo 0.75
48.2MFY2025
−7.4% year over year
Last 12 mo 44.7M

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 Amphastar Pharmaceuticals, Inc. does

In the company’s own words

Amphastar Pharmaceuticals, Inc. (Nasdaq: AMPH) develops, manufactures, and commercializes technically challenging generic and proprietary injectable, inhalation, and intranasal medicines, as well as active pharmaceutical ingredients (APIs). Its products serve hospitals, long-term care facilities, clinics, doctors’ offices, and retail pharmacies, with distribution through wholesalers, specialty distributors, and group purchasing organizations. The company markets more than 25 prescription products and an over-the-counter medicine, including BAQSIMI nasal glucagon, Primatene MIST, glucagon, epinephrine, lidocaine, enoxaparin, and naloxone; it also sells insulin APIs to third parties. Amphastar operates as an integrated business spanning research and development, API production, manufacturing, and commercialization, rather than reporting separate business segments. Its pipeline includes generic drugs, interchangeable insulin biosimilars, and proprietary candidates. In 2025, net revenue was $719.9 million. The acquisition of BAQSIMI in 2023 expanded its intranasal portfolio and international presence; the product is available in the United States and 26 international markets. Its website is www.amphastar.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
RANCHO CUCAMONGA, CA
Fiscal year end
December
CIK
1297184
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-86.35M$140.60M$367.54M$594.49M$821.44M201420152016201720182019202020212022202320242025Last 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 Amphastar Pharmaceuticals, Inc. — and what changed

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

248
funds hold it
0 of 35
superinvestors hold it
$311.37M
held by funds, at market
35.7%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Amphastar Pharmaceuticals, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.04%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
FULLERTHALER BEHAVIORAL SMALL CAP EQUITY
FTHNX · Capitol Series Trust
0.14%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets

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

Amphastar Pharmaceuticals, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Amphastar Pharmaceuticals, Inc.’s debt, $30.27M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.00%, maturing 2029 to 2029.

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”.

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

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Amphastar Pharmaceuticals, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Amphastar Pharmaceuticals, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Amphastar Pharmaceuticals, Inc.'s last four quarterly filings that the numbers alone won't show?”
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