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United Guardian (UG) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 11, 2026 · United Guardian (UG) Q2 2026 earnings results →

Q2 2026 Revenue up 10% year over year to $3.1M · 23¢ of every $1 of revenue kept as net profit · operating margin 24.3%

United Guardian made $3.1M in Q2 2026 (+10% Y/Y): Pharmaceuticals $1.5M, Cosmetic Ingredients $1.3M, Medical $353K. Operating margin 24.3%, net earnings $729K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.

Revenue$3.1M
Year over year+10%
Operating margin24.3%
Net earnings$729K
Operating cash flow$1.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $3.1M in Q2 2026, up 10% year over year and up 8% from the previous quarter. Pharmaceuticals was the largest line at 47% of revenue. Cosmetic Ingredients added $390K year over year (up 44%), 144% of the total change. Medical declined 28%.

Operating profit was $754K, a 24.3% margin (down 0.2 points year over year). Of the extra revenue versus Q2 2025, 22% reached operating profit, below the 25% margin then. Total costs grew 10% against revenue growth of 10%. The fastest-growing cost line was Cost of revenue (+17%). Net earnings were $729K, up 16% year over year. The effective tax rate was 20.6%.

Operating cash flow was $1.5M (up 401% year over year), 209% of net earnings. Non-cash charges added back $29K of depreciation and amortization. Working capital and other items added $762K. Capital expenditures of $19K left free cash flow of $1.5M.

Quarterly history

United Guardian revenue by quarterUnited Guardian revenue by quarter$2.5MQ4 2024$2.5MQ1 2025$2.8MQ2 2025$2.3MQ3 2025$3.0MQ4 2025$2.9MQ1 2026$3.1MQ2 2026
United Guardian net earnings by quarterUnited Guardian net earnings by quarter$504KQ4 2024$561KQ1 2025$627KQ2 2025$268KQ3 2025$650KQ4 2025$819KQ1 2026$729KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 11, 2026$3.1M+10%24.3%$729K$1.5M
Q1 202610-QMay 12, 2026$2.9M+16%22.4%$819K$605K
Q4 202510-KMar 27, 2026$3.0M+20%24.4%$650K$330K
Q3 202510-QNov 6, 2025$2.3M-26%9.5%$268K$1.0M
Q2 202510-QAug 8, 2025$2.8M-16%24.5%$627K$303K
Q1 202510-QMay 13, 2025$2.5M-24%24.6%$561K$322K
Q4 202410-KMar 21, 2025$2.5M-5%22.5%$504K$269K

Charts

United Guardian: revenue growth, year over year and quarter over quarterUnited Guardian: revenue growth, year over year and quarter over quarterY/YQ/Q-5%Q4 2024-24%+0%Q1 2025-16%+14%Q2 2025-26%-20%Q3 2025+20%+31%Q4 2025+16%-3%Q1 2026+10%+8%Q2 2026
Latest (Q2 2026): Y/Y +10%, Q/Q +8%.
United Guardian: where the cash came from (+) and went (−), TTM to Q2 2026United Guardian: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow$3.5MDividends−$2.3MCash drawn (+) / kept (−)−$622KOther investing−$479KCapital spending−$67K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
United Guardian: profit against cash, quarter by quarterUnited Guardian: profit against cash, quarter by quarterNet incomeOperating cash flow$865K$1.2MQ3 2024$504K$269KQ4 2024$561K$322KQ1 2025$627K$303KQ2 2025$268K$1.0MQ3 2025$650K$330KQ4 2025$819K$605KQ1 2026$729K$1.5MQ2 2026
Latest (Q2 2026): Net income $729K, Operating cash flow $1.5M.
United Guardian in its industry: growth against margin (15 companies, SIC 2844)United Guardian in its industry: growth against margin (15 companies, SIC 2844)revenue growth, year over year →↑ operating marginmedian +3%median 7%CLKVUEELCOTYEPCELFIPARSLSNAXILYCBDBNKKDQWSKARXSHFHUG (+10%, 24%)
Perfumes, Cosmetics & Other Toilet Preparations; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About United Guardian

United-Guardian, Inc. (“Company”) is a Delaware corporation that, through its Guardian Laboratories division, manufactures, markets and develops specialty cosmetic, personal care and sexual wellness ingredients and a line of healthcare products including pharmaceuticals and medical lubricants. The Company conducts various research and development (“R&D”) activities. The Company’s R&D department primarily develops new and unique specialty cosmetic and sexual wellness ingredients using natural and environmentally friendly raw materials, which is a priority for many of our cosmetic customers. The R&D department also modifies, refines, and expands the uses for existing products, with the goal of further developing the markets that our products are used in. All the products that the Company markets, except for Renacidin ® , are produced at our facility in Hauppauge, New York.

In its own words, from its 10-Q, filed May 12, 2026.

United Guardian against its Perfumes, Cosmetics & Other Toilet Preparations peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +10% against the peers' median +3%. Operating margin: 24.3% against the peers' median 11.0%.

CompanyQuarterRevenueY/YOp. margin
UG United GuardianQ2 2026$3.1M+10%24.3%
CL Colgate PalmoliveQ3 2026$5.4B+5%20.3%
KVUE KenvueQ3 2026$3.9B+3%18.2%
EL Estee Lauder CompaniesQ1 FY27$3.7B+7%11.0%
COTY CotyQ1 FY27$1.6B-1%11.0%
EPC Edgewell Personal CareQ3 FY26$570M+2%4.4%
ELF e.l.f. BeautyQ2 FY27$521M+51%10.1%
IPAR InterparfumsQ3 2026$430M0%27.4%
SLSN SolesenceQ2 2026$15.3M-25%0.8%

Source: United Guardian 10-Q on SEC EDGAR · CIK 101295 · Perfumes, Cosmetics & Other Toilet Preparations

13F: who owns UG and who is buying

Largest holders of UG (13F)Largest holders of UG (13F)Renaissance Technologies LLC$1.2MGamco Investors, Inc. et Al$1.2MVanguard Group$926KVanguard Capital Management LLC$916KDimensional Fund Advisors LP$522KTeton Advisors$432KRodgers Brothers$426KTeton Advisors, LLC$384KParthenon LLC$363KGabelli Funds LLC$271K
Funds' net buying of UG by quarter (13F)Funds' net buying of UG by quarter (13F)−$262K2024-09$66K2024-12$3K2025-03$47K2025-06−$323K2025-09−$340K2025-12−$227K2026-03−$141K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on UG

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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中文版:United Guardian(UG)财报

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