HUTCHMED (China) LtdHCMEarnings & Financial Report
HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.
Revenue
$277.7M
Gross Profit
$173.1K
Operating Profit
$-3.5M
Net Profit
$455.0M
Gross Margin
0.1%
Operating Margin
-1.3%
Net Margin
163.8%
YoY Growth
-9.2%
EPS
$0.52
Financial Flow
HUTCHMED (China) Ltd Q2 2025 Financial Summary
HUTCHMED (China) Ltd reported revenue of $277.7M (down 9.2% YoY) for Q2 2025, with a net profit of $455.0M (up 1663.3% YoY) (163.8% margin). Cost of goods sold was $277.5M, operating expenses totaled $3.7M.
Key Financial Metrics
| Total Revenue | $277.7M |
|---|---|
| Net Profit | $455.0M |
| Gross Margin | 0.1% |
| Operating Margin | -1.3% |
| Report Period | Q2 2025 |
HUTCHMED (China) Ltd Quarterly Revenue & Net Profit History
HUTCHMED (China) Ltd results over the last 6 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $270.8M | -16.5% | $2.0M | 0.7% |
| Q2 2025 | $277.7M | -9.2% | $455.0M | 163.8% |
| Q4 2024 | $324.5M | — | $11.9M | 3.7% |
| Q2 2024 | $305.7M | -42.6% | $25.8M | 8.4% |
| Q2 2023 | $532.9M | +163.7% | $168.6M | 31.6% |
| Q2 2022 | $202.0M | +28.4% | $-162.9M | -80.6% |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | Q4 2024 | Q2 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $202.0M | $532.9M | $305.7M | $324.5M | $277.7M | $270.8M |
| YoY Growth | 28.4% | 163.7% | -42.6% | N/A | -9.2% | -16.5% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q4 2024 | Q2 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Assets | $1.19B | $1.30B | $1.26B | $1.27B | $1.78B | $1.75B |
| Liabilities | $342.5M | $497.5M | $508.9M | $502.3M | $534.0M | $501.8M |
| Equity | $799.7M | $782.0M | $740.1M | $759.9M | $1.23B | $1.24B |
Cash Flow
| Q2 2022 | Q2 2023 | Q2 2024 | Q4 2024 | Q2 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Operating CF | $-89.9M | $226.4M | $-39.8M | $40.3M | $-72.9M | $8.2M |