Filing Flows

Filing Flows › United Guardian (UG) › How it makes money

How United Guardian (UG) makes money

United Guardian (UG) made $3.1M of revenue in the second quarter 2026 (Q2 2026), +10% from a year earlier. Pharmaceuticals brought in $1.5M (47%); Cosmetic Ingredients brought in $1.3M (41%); Medical brought in $353K (11%). Of every dollar of revenue, 24¢ was left as operating profit, 23¢ was left as net earnings.

Drawing the Sankey…

United Guardian revenue by segment, Q2 2026United Guardian revenue by segment, Q2 2026Pharmaceuticals$1.5MCosmetic Ingredients$1.3MMedical$353K
United Guardian: revenue by line, Q1 2025 to Q2 2026United Guardian: revenue by line, Q1 2025 to Q2 2026PharmaceuticalsCosmetic IngredientsMedicalPharmaceuticals: $1.5M latest$1.5MCosmetic Ingredients: $1.3M latest$1.3MMedical: $353K latest$353KQ1 2025Q2 2025Q3 2025Q1 2026Q2 2026
Medical went from 25% of revenue in Q1 2025 to 11% in Q2 2026, the largest shift in the mix.
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: where each dollar of revenue goesUnited Guardian: where each dollar of revenue goesOperating profit24¢Income tax6¢Net earnings23¢Operating cash flow49¢Free cash flow48¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Pharmaceuticals$1.5M47.2%+2%+1%
Cosmetic Ingredients$1.3M41.4%+52%+44%
Medical$353K11.4%-39%-28%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$3.1M100.0%
Operating profit$754K24.3%
Income tax$189K6.1%
Net earnings$729K23.4%
Operating cash flow$1.5M48.9%
Free cash flow$1.5M48.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$3.1M+10%
Q1 2026$2.9M+16%
Q4 2025$3.0M+20%
Q3 2025$2.3M-26%
Q2 2025$2.8M-16%
Q1 2025$2.5M-24%
Q4 2024$2.5M-5%

From United Guardian's 10-Q filed Aug 11, 2026 (on EDGAR).

Questions

How does United Guardian make money?

United Guardian (UG) made $3.1M of revenue in the second quarter 2026 (Q2 2026), +10% from a year earlier. Pharmaceuticals brought in $1.5M (47%); Cosmetic Ingredients brought in $1.3M (41%); Medical brought in $353K (11%). Of every dollar of revenue, 24¢ was left as operating profit, 23¢ was left as net earnings.

What is United Guardian's biggest business?

Pharmaceuticals: $1.5M in the second quarter 2026, 47% of revenue, +1% from a year earlier.

What is United Guardian's profit margin?

Net earnings were $729K, 23.4% of revenue, in the second quarter 2026; the operating margin was 24.3%.

Open the interactive view →

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