Filing Flows › Siga Technologies (SIGA) › Q4 2024
Siga Technologies (SIGA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
Siga Technologies (SIGA) reported revenue of $81.5M for the fourth quarter 2024 (Q4 2024), -30% from a year earlier and +714% from the quarter before. Operating margin was 70.1%, net earnings $45.8M (56.2% of revenue).
Siga Technologies, Q4 2024: revenue $81.5M (-30% year over year), operating margin 70.1%, net earnings $45.8M, operating cash flow $56.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $81.5M | +714% | -30% |
| Operating profit | $57.1M | 105× | -38% |
| Net earnings | $45.8M | 34× | -37% |
| Operating cash flow | $56.3M | — | -29% |
| Free cash flow | $56.3M | — | -29% |
What changed
Revenue was $81.5M in Q4 2024, down 30% year over year and up 714% from the previous quarter. Product Sales and Supportive Services was the largest line at 98% of revenue.
Operating profit was $57.1M, a 70.1% margin (down 8.6 points year over year). Total costs fell 2% while revenue fell 30%. The fastest-growing cost line was Research & development (+28%). Net earnings were $45.8M, down 37% year over year. The effective tax rate was 21.9%.
Operating cash flow was $56.3M (down 29% year over year), 123% of net earnings. Non-cash charges added back $131K of depreciation and amortization and $764K of share-based compensation. Working capital and other items added $9.7M. Capital expenditures of $18K left free cash flow of $56.3M.
Questions
What was Siga Technologies' revenue in the fourth quarter 2024?
Siga Technologies (SIGA) reported revenue of $81.5M for the fourth quarter 2024 (Q4 2024), -30% from a year earlier and +714% from the quarter before.
Was Siga Technologies profitable in the fourth quarter 2024?
Operating profit was $57.1M (70.1% of revenue) and net earnings $45.8M.
Source: Siga Technologies 10-K on SEC EDGAR.