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Companies / Health Care / Anika Therapeutics, Inc.
ANIK

Anika Therapeutics, Inc.

Health CareSurgical & Medical Instruments
Ticker ANIKBEDFORD, MAFiscal year ends DecemberBook value per share $10.25Diluted shares 13.4M

Anika Therapeutics, Inc. (Nasdaq: ANIK) develops and manufactures hyaluronic acid-based products for osteoarthritis pain management and orthopedic regenerative treatments. Its OA Pain Management portfolio includes Monovisc and Orthovisc, viscosupplement injections for osteoarthritis pain, and Cingal, a… From the company’s description.

Over the twelve months to Sep 30, 2026, Anika Therapeutics, Inc. reported revenue of $123.43M, up 52.5% from a year earlier, and a net loss of $1.77M. Its operating margin was −2.1%, and operations generated $7.48M in cash. In fiscal 2025, it reported revenue of $112.82M, down 5.9% from fiscal 2024, and a net loss of $10.88M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$112.82MFY2025
−5.9% year over year
Last 12 mo $123.43M
-9.80%FY2025
−5.5 percentage points
Last 12 mo -2.11%
$-10.88MFY2025
+80.7% year over year
Last 12 mo $-1.77M
-7.58%FY2025
+29 percentage points
Last 12 mo -1.28%
Cash & financing
$11.19MFY2025
+107.1% year over year
Last 12 mo $7.48M
$4.36MFY2025
+287.1% year over year
Last 12 mo $2.29M
—
14.3MFY2025
−2.6% year over year
Last 12 mo 13.4M

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 Anika Therapeutics, Inc. does

In the company’s own words

Anika Therapeutics, Inc. (Nasdaq: ANIK) develops and manufactures hyaluronic acid-based products for osteoarthritis pain management and orthopedic regenerative treatments. Its OA Pain Management portfolio includes Monovisc and Orthovisc, viscosupplement injections for osteoarthritis pain, and Cingal, a single-injection product combining hyaluronic acid with a fast-acting steroid. Its Regenerative Solutions portfolio includes Integrity, a scaffold for tendon repair; Hyalofast, a scaffold for cartilage regeneration; and Tactoset, an injectable bone substitute. Other products serve veterinary, surgical and ophthalmic applications. Customers include clinicians, surgeons, hospitals and ambulatory surgery centers; commercial partners and distributors market products in the United States and internationally. Johnson & Johnson MedTech markets Monovisc and Orthovisc in the United States, while Anika sells its regenerative products directly through its sales team and independent distributors. Founded in 1992, the company shifted its focus to its two core portfolios after selling Arthrosurface in 2024 and Parcus Medical in 2025. Anika reported research and development expenses of $25.8 million for fiscal 2025.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
BEDFORD, MA
Fiscal year end
December
CIK
898437
SIC
3841

Financial performance, year by year

Fiscal 2011–2025 · USD
$-107.60M$-32.80M$42.00M$116.80M$191.59M201120122013201420152016201720182019202020212022202320242025Last 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 Anika Therapeutics, Inc. — and what changed

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

153
funds hold it
0 of 35
superinvestors hold it
$37.15M
held by funds, at market
19.7%
of shares held by funds

Largest fund holders · Anika Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
College Retirement Equities Fund - Total Global Stock Account
QCSTRX · College Retirement Equities Fund
0.00%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.01%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”.

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

Connected research

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