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How Amphastar Pharmaceuticals (AMPH) makes money

Amphastar Pharmaceuticals (AMPH) made $208M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 48¢ was left as gross profit, 24¢ was left as operating profit, 18¢ was left as net earnings.

Drawing the Sankey…

Amphastar Pharmaceuticals revenue by quarterAmphastar Pharmaceuticals revenue by quarter$171MQ1 2025$174MQ2 2025$192MQ3 2025$183MQ4 2025$171MQ1 2026$184MQ2 2026$208MQ3 2026
Amphastar Pharmaceuticals: where each dollar of revenue goesAmphastar Pharmaceuticals: where each dollar of revenue goesCost of revenue52¢Gross profit48¢Operating expenses24¢Operating profit24¢Income tax5¢Net earnings18¢Operating cash flow21¢Free cash flow16¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$208M100.0%
Cost of revenue$108M52.0%
Gross profit$99.6M48.0%
Operating expenses$48.9M23.5%
Operating profit$50.8M24.5%
Income tax$11.3M5.4%
Net earnings$37.8M18.2%
Operating cash flow$43.3M20.9%
Free cash flow$33.4M16.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$208M+8%
Q2 2026$184M+5%
Q1 2026$171M+0.4%
Q4 2025$183M-2%
Q3 2025$192M+0.3%
Q2 2025$174M-4%
Q1 2025$171M-0.8%

From Amphastar Pharmaceuticals' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Amphastar Pharmaceuticals make money?

Amphastar Pharmaceuticals (AMPH) made $208M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 48¢ was left as gross profit, 24¢ was left as operating profit, 18¢ was left as net earnings.

What is Amphastar Pharmaceuticals' profit margin?

Net earnings were $37.8M, 18.2% of revenue, in the third quarter 2026; the operating margin was 24.5%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.