Filing Flows › Siga Technologies (SIGA) › Q2 2026 › vs Q2 2025
Siga Technologies (SIGA) Q2 2026 vs Q2 2025 (year over year)
Siga Technologies's revenue fell $40.1M (-49%) from $81.1M in Q2 2025 to $41.0M in Q2 2026. The biggest changes: Product Sales and Supportive Services −$41.3M (-52%); Research and Development +$1.1M (+57%). Operating margin 33.9% against 56.3% (-22.4 pts).
Siga Technologies, Q2 2026: revenue $41.0M (-50% year over year), operating margin 33.9%, net earnings $12.5M, operating cash flow $15.2M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 33.9% | 56.3% | -22.4 pts |
| Net margin | 30.4% | 43.7% | -13.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product Sales and Supportive Services | $37.9M | $79.1M | −$41.3M | -52% |
| Research and Development | $3.1M | $2.0M | $1.1M | +57% |
| Revenue | $41.0M | $81.1M | −$40.1M | -49% |
| Other income, net | $947K | $1.6M | −$645K | -41% |
| Operating profit | $13.9M | $45.7M | −$31.8M | -70% |
| Costs & expenses | $27.1M | $35.4M | −$8.3M | -24% |
| Pre-tax earnings | $14.9M | $47.3M | −$32.4M | -69% |
| Cost of revenue | $17.6M | $25.6M | −$8.0M | -31% |
| Research & development | $4.4M | $4.4M | −$12K | -0.3% |
| SG&A | $5.1M | $5.5M | −$339K | -6% |
| Net earnings | $12.5M | $35.5M | −$23.0M | -65% |
| Income tax | $2.4M | $11.8M | −$9.4M | -80% |
| Depreciation & amortization | $152K | $139K | $13K | +10% |
| Share-based compensation | $1.2M | $1.2M | −$25K | -2% |
| Working capital & other | $1.3M | $26.2M | −$24.9M | -95% |
| Operating cash flow | $15.2M | $63.1M | −$47.9M | -76% |
Questions
How much did Siga Technologies's revenue grow year over year in Q2 2026?
Siga Technologies's revenue fell $40.1M (-49%) from $81.1M in Q2 2025 to $41.0M in Q2 2026.
What drove Siga Technologies's revenue change in Q2 2026?
Product Sales and Supportive Services −$41.3M (-52%); Research and Development +$1.1M (+57%).