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Alvotech (ALVO) earnings
Alvotech earnings: last reported Thu, 20 Aug 2026, for the quarter ended Jun 2026.
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Latest concall · Q2 2026 · call held call held 20 Aug 2026
Alvotech Q2 FY26 — Regulatory Progress and Portfolio Expansion Drive Future Growth
What went well
- U.S. BLA resubmissions for AVT-05, AVT-06, and Prolia/XGEVA biosimilar in June 2026, paving the way for FDA approvals in Q4 2026.
- FDA formally closed the GMP surveillance inspection of the manufacturing facility with a VAI classification in July 2026.
- Successful equity financing completed in June 2026 generated approximately $165 million in gross proceeds, strengthening the cash position to $143 million.
What to watch
- Total revenue for H1 2026 declined 31% to $212 million compared to $306 million in H1 2025, primarily due to manufacturing slowdowns.
- Adjusted EBITDA for H1 2026 decreased to $46 million compared to $54 million in H1 2025.
Performance −31.0% 1Y
1Y: $8.4 on 29 Sept 2025 → $5.8. High $8.98 (15 Oct 2025), low $3 (2 Jun 2026).
Balance sheet
| Year ending | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Total liabilities | — | $733.59M | $1.39B | $1.88B | $1.63B | $1.77B |
| Fixed assets | — | $78.53M | $220.59M | $236.78M | $284.55M | $356.40M |
| Total assets | — | $597.98M | $828.44M | $950.09M | $1.22B | $1.49B |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
No filings in the last 12 months.
No officer, director or 10% owner of ALVO filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.