Amarin Q2 FY26 revenue drops 42% to $42.2 million; gross margin narrows to 30%
Reuters2026/07/29 21:01- Amarin posted Q2 revenue of $42.2 million, down 42% year over year.
- Product revenue fell 16% to $39.1 million, with U.S. revenue down 12% to $32.2 million.
- Licensing and royalty revenue dropped 88% to $3.1 million, following a prior-year $25 million upfront payment tied to the Recordati deal.
- Cost of goods sold rose 22% to $27.2 million; gross margin narrowed to 30% from 52% on a change in customer mix.
- Selling, general and administrative expense slid 43% to $22.2 million, reflecting lower costs tied to the Global Restructuring Plan.
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