XML 235 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net revenue $ 724,508 $ 701,780 $ 1,419,928 $ 1,360,971
Cost of goods sold 438,255 451,833 877,784 872,964
Gross profit 286,253 249,947 542,144 488,007
Selling, general and administrative 124,266 116,462 242,554 229,057
Research and development 47,964 36,054 88,004 75,352
Intellectual property legal development expenses 2,017 1,042 3,784 2,026
Restructuring and other charges 1,024 220 1,595 1,690
(Credit) charges related to legal matters, net (390) 699 (390) 95,058
Other operating (income) expense 0 0 (5,122) 100
Operating income (loss) 111,372 95,470 211,719 84,724
Other (expense) income:        
Interest expense, net (65,101) (65,719) (122,040) (131,422)
Foreign exchange gain (loss), net 8,256 (262) 12,503 (1,459)
Increase in tax receivable agreement liability (4,420) (13,444) (15,107) (15,392)
Other income, net 1,604 4,360 2,122 8,432
Total other expense, net (59,661) (75,065) (122,522) (139,841)
Income (loss) before income taxes 51,711 20,405 89,197 (55,117)
Provision for income taxes 16,101 3,618 28,969 9,774
Net income (loss) 35,610 16,787 60,228 (64,891)
Less: Net income attributable to non-controlling interests (13,193) (10,793) (25,616) (20,758)
Net income (loss) attributable to Amneal Pharmaceuticals, Inc. $ 22,417 $ 5,994 $ 34,612 $ (85,649)
Net income (loss) per share attributable to Amneal Pharmaceuticals, Inc.’s Class A common stockholders:        
Basic (in dollars per share) $ 0.07 $ 0.02 $ 0.11 $ (0.28)
Diluted (in dollars per share) $ 0.07 $ 0.02 $ 0.11 $ (0.28)
Weighted-average common shares outstanding:        
Basic (in shares) 313,739 309,117 312,404 308,198
Diluted (in shares) 322,363 318,957 323,171 308,198