vs
Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and Employers Holdings, Inc. (EIG). Click either name above to swap in a different company.
Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $139.2M, roughly 1.2× ADMA BIOLOGICS, INC.). On growth, ADMA BIOLOGICS, INC. posted the faster year-over-year revenue change (18.4% vs -21.3%). Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs -11.4%).
ADMA Biologics Inc. is a biopharmaceutical enterprise focused on the research, development, manufacturing and commercialization of specialty plasma-derived immunoglobulin therapies. It primarily operates in the United States, catering to patients with primary immunodeficiency and other immune-related disorders, healthcare providers and medical institutions across its core immune health therapeutic segment.
Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.
ADMA vs EIG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $139.2M | $170.5M |
| Net Profit | $49.4M | — |
| Gross Margin | 63.8% | — |
| Operating Margin | 45.1% | — |
| Net Margin | 35.5% | — |
| Revenue YoY | 18.4% | -21.3% |
| Net Profit YoY | -55.9% | — |
| EPS (diluted) | $0.20 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $170.5M | ||
| Q4 25 | $139.2M | $188.5M | ||
| Q3 25 | $134.2M | $239.3M | ||
| Q2 25 | $122.0M | $246.3M | ||
| Q1 25 | $114.8M | $202.6M | ||
| Q4 24 | $117.5M | $216.6M | ||
| Q3 24 | $119.8M | $224.0M | ||
| Q2 24 | $107.2M | $217.0M |
| Q1 26 | — | — | ||
| Q4 25 | $49.4M | — | ||
| Q3 25 | $36.4M | $-8.3M | ||
| Q2 25 | $34.2M | $29.7M | ||
| Q1 25 | $26.9M | $12.8M | ||
| Q4 24 | $111.9M | — | ||
| Q3 24 | $35.9M | $30.3M | ||
| Q2 24 | $32.1M | $31.7M |
| Q1 26 | — | — | ||
| Q4 25 | 63.8% | — | ||
| Q3 25 | 56.3% | — | ||
| Q2 25 | 55.1% | — | ||
| Q1 25 | 53.2% | — | ||
| Q4 24 | 53.9% | — | ||
| Q3 24 | 49.8% | — | ||
| Q2 24 | 53.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 45.1% | — | ||
| Q3 25 | 38.0% | -4.7% | ||
| Q2 25 | 35.1% | 15.0% | ||
| Q1 25 | 30.4% | 7.8% | ||
| Q4 24 | 32.6% | — | ||
| Q3 24 | 33.1% | 16.4% | ||
| Q2 24 | 36.6% | 18.4% |
| Q1 26 | — | — | ||
| Q4 25 | 35.5% | — | ||
| Q3 25 | 27.1% | -3.5% | ||
| Q2 25 | 28.1% | 12.1% | ||
| Q1 25 | 23.4% | 6.3% | ||
| Q4 24 | 95.2% | — | ||
| Q3 24 | 30.0% | 13.5% | ||
| Q2 24 | 29.9% | 14.6% |
| Q1 26 | — | — | ||
| Q4 25 | $0.20 | $-0.93 | ||
| Q3 25 | $0.15 | $-0.36 | ||
| Q2 25 | $0.14 | $1.23 | ||
| Q1 25 | $0.11 | $0.52 | ||
| Q4 24 | $0.45 | $1.14 | ||
| Q3 24 | $0.15 | $1.21 | ||
| Q2 24 | $0.13 | $1.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.6M | $169.9M |
| Total DebtLower is stronger | $72.1M | — |
| Stockholders' EquityBook value | $477.3M | $955.7M |
| Total Assets | $624.2M | $3.4B |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $169.9M | ||
| Q4 25 | $87.6M | $169.9M | ||
| Q3 25 | $61.4M | $172.4M | ||
| Q2 25 | $90.3M | $78.1M | ||
| Q1 25 | $71.6M | $100.4M | ||
| Q4 24 | $103.1M | $68.4M | ||
| Q3 24 | $86.7M | $173.9M | ||
| Q2 24 | $88.2M | $126.4M |
| Q1 26 | — | — | ||
| Q4 25 | $72.1M | $19.0M | ||
| Q3 25 | $72.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $72.3M | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $955.7M | ||
| Q4 25 | $477.3M | $955.7M | ||
| Q3 25 | $431.2M | $1.0B | ||
| Q2 25 | $398.3M | $1.1B | ||
| Q1 25 | $373.4M | $1.1B | ||
| Q4 24 | $349.0M | $1.1B | ||
| Q3 24 | $231.9M | $1.1B | ||
| Q2 24 | $188.3M | $1.0B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $624.2M | $3.4B | ||
| Q3 25 | $568.7M | $3.5B | ||
| Q2 25 | $558.4M | $3.5B | ||
| Q1 25 | $510.6M | $3.6B | ||
| Q4 24 | $488.7M | $3.5B | ||
| Q3 24 | $390.6M | $3.6B | ||
| Q2 24 | $376.4M | $3.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | 0.02× | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $35.6M | — |
| Free Cash FlowOCF − Capex | $34.6M | — |
| FCF MarginFCF / Revenue | 24.8% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 0.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $35.6M | $44.7M | ||
| Q3 25 | $13.3M | $29.4M | ||
| Q2 25 | $21.1M | $0 | ||
| Q1 25 | $-19.7M | $14.6M | ||
| Q4 24 | $50.2M | $76.4M | ||
| Q3 24 | $25.0M | $51.0M | ||
| Q2 24 | $45.6M | $11.7M |
| Q1 26 | — | — | ||
| Q4 25 | $34.6M | $44.6M | ||
| Q3 25 | $-1.1M | — | ||
| Q2 25 | $18.7M | — | ||
| Q1 25 | $-24.4M | — | ||
| Q4 24 | $47.5M | $76.3M | ||
| Q3 24 | $24.0M | — | ||
| Q2 24 | $43.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 24.8% | 23.7% | ||
| Q3 25 | -0.8% | — | ||
| Q2 25 | 15.3% | — | ||
| Q1 25 | -21.2% | — | ||
| Q4 24 | 40.4% | 35.2% | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 40.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 0.1% | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 2.3% | 0.0% | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 1.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.62× | 0.00× | ||
| Q1 25 | -0.73× | 1.14× | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.70× | 1.68× | ||
| Q2 24 | 1.42× | 0.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADMA
| ADMA Bio Manufacturing Segment | $123.1M | 88% |
| Other | $16.0M | 12% |
EIG
Segment breakdown not available.
