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Anika Therapeutics, Inc. (ANIK) Financial Statements

Industry: Surgical & Medical Instruments & Apparatus

In fiscal 2025, Anika Therapeutics reported revenue of $112.8M, down 5.9% from $119.9M the year before. Net income was -$10.9M (a -9.6% net margin), or -$0.76 per diluted share. Gross margin was 56.6% and operating margin was -9.8%. Operating activities generated $11.2M of cash, leaving $4.4M of free cash flow. At fiscal year end, Anika Therapeutics held $190.3M in total assets against $46.8M in total liabilities, including $57.5M of cash and equivalents.

Open the full interactive Anika Therapeutics financials → Quarterly statements, key ratios, valuation history and price charts.

Anika Therapeutics Key Stats

Share Price$20.53
Market Cap$281.6M
Revenue YoY Growth-5.9%
52-Week Range$9.09 – $22.03
Shares Outstanding13.3 million (basic, 2026 Q2)

Anika Therapeutics Income Statement

Anika Therapeutics, Inc. annual income statement
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$130.5M$147.8M$156.2M$166.7M$119.9M$112.8M
Cost of Goods Sold$61.4M$64.9M$62.7M$63.6M$43.9M$49.0M
Gross Profit$69.0M$82.9M$93.6M$103.1M$76.0M$63.8M
Operating Income-$28.3M$2.6M-$19.4M-$87.6M-$5.1M-$11.1M
Pre-Tax Income-$28.6M$2.4M-$18.7M-$85.3M-$2.8M-$9.3M
Income Tax-$4.6M-$1.7M-$3.9M-$2.7M$6.1M$672,000
Net Income-$24.0M$4.1M-$14.9M-$82.7M-$56.4M-$10.9M
Diluted EPS-$1.69$0.28-$1.02-$5.64-$3.83-$0.76

Anika Therapeutics Quarterly Results

Anika Therapeutics, Inc. last 4 quarters
2025 Q32025 Q42026 Q12026 Q2
Revenue$27.8M$30.6M$29.6M$32.6M
Net Income-$2.3M$292,000-$5.1M$3.3M
Diluted EPS-$0.16$0.02-$0.37$0.24

Anika Therapeutics Balance Sheet

Anika Therapeutics, Inc. annual balance sheet (fiscal year end)
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Cash & Equivalents$95.8M$94.4M$86.3M$72.9M$55.6M$57.5M
Current Assets$177.4M$168.5M$169.5M$163.3M$113.7M$103.4M
Total Assets$365.6M$347.5M$349.1M$270.6M$202.7M$190.3M
Current Liabilities$36.9M$29.8M$27.9M$31.1M$23.3M$21.9M
Total Liabilities$93.2M$60.5M$63.6M$58.4M$48.8M$46.8M
Shareholders' Equity$272.4M$287.1M$285.6M$212.3M$154.0M$143.5M

Anika Therapeutics Cash Flow Statement

Anika Therapeutics, Inc. annual cash flow statement
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Cash From Operations$13.1M$8.4M$4.4M-$1.8M$5.4M$11.2M
Cash From Investing-$71.3M-$3.1M-$7.5M-$5.4M-$8.3M-$401,000
Cash From Financing-$3.8M-$6.8M-$4.9M-$6.3M-$12.7M-$10.6M
Free Cash Flow$11.4M$3.3M-$3.1M-$7.2M-$2.3M$4.4M

Figures from Anika Therapeutics' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Anika Therapeutics financials page for every line item.

Anika Therapeutics Company Profile

TickerANIK
ExchangeNasdaq
IndustrySurgical & Medical Instruments & Apparatus
HeadquartersBedford, Massachusetts
Incorporated inDelaware
Fiscal Year EndDecember 31
SEC Filer CategoryAccelerated filer
SEC CIK0000898437

Frequently Asked Questions

What was Anika Therapeutics' revenue in fiscal 2025?

Anika Therapeutics (ANIK) reported revenue of $112.8M for fiscal 2025.

What is Anika Therapeutics' annual revenue history?

Anika Therapeutics' annual revenue by fiscal year: 2020: $130.5M; 2021: $147.8M; 2022: $156.2M; 2023: $166.7M; 2024: $119.9M; 2025: $112.8M.

What was Anika Therapeutics' net income in fiscal 2025?

Anika Therapeutics reported net income of -$10.9M for fiscal 2025.

What was Anika Therapeutics' earnings per share (EPS) in fiscal 2025?

Anika Therapeutics' diluted EPS was -$0.76 for fiscal 2025 (adjusted for any later stock splits).

How much free cash flow did Anika Therapeutics generate in fiscal 2025?

Anika Therapeutics generated $4.4M of free cash flow in fiscal 2025.

What was Anika Therapeutics' revenue last quarter?

In its most recent reported quarter (2026 Q2), Anika Therapeutics reported revenue of $32.6M.

How many shares of Anika Therapeutics are outstanding?

Anika Therapeutics reported a weighted average of 13.3 million basic shares outstanding in 2026 Q2.

What is Anika Therapeutics' market cap?

Based on its latest closing price, Anika Therapeutics (ANIK) has a market capitalization of about $281.6M.

When does Anika Therapeutics' fiscal year end?

Anika Therapeutics' fiscal year end, as registered with the SEC, is December 31.

Where is Anika Therapeutics headquartered?

Anika Therapeutics lists its business address in Bedford, Massachusetts in its SEC filings.