SIGA (SIGA) financial statements
SIGA reported revenue of $95M in fiscal 2025, up 22.7% a year over 9 years.
Net income was $23M and the operating margin 25.1%, against -206.9% in 2016.
Free cash flow was $43M, and the company returned $43M in dividends.
The diluted share count rose 26% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SIGA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15M | $12M | $477M | $27M | $125M | $134M | $111M | $140M | $139M | $95M |
| Cost of revenue | $0 | $0 | $95M | $2M | $15M | $17M | $10M | $18M | $31M | $30M |
| Gross profit | $15M | $12M | $382M | $25M | $110M | $117M | $100M | $122M | $107M | $65M |
| Research and development | $20M | $17M | $13M | $13M | $11M | $10M | $23M | $16M | $12M | $20M |
| Selling, general and admin | $14M | $12M | $13M | $13M | $15M | $18M | $35M | $22M | $25M | $21M |
| Operating income | -$31M | -$19M | $355M | -$2M | $85M | $89M | $43M | $84M | $70M | $24M |
| Interest expense | $2M | $15M | $15M | $16M | $3M | $0 | $0 | — | — | — |
| Pre-tax income | -$40M | -$38M | $412M | -$10M | $74M | $89M | $44M | $88M | $76M | $30M |
| Income tax | $13,884 | -$2M | -$10M | -$3M | $17M | $20M | $10M | $20M | $17M | $7M |
| Net income | -$40M | -$36M | $422M | -$7M | $56M | $69M | $34M | $68M | $59M | $23M |
| EPS (diluted) | -$0.69 | -$0.46 | $5.18 | -$0.15 | $0.71 | $0.91 | $0.46 | $0.95 | $0.82 | $0.32 |
| Diluted shares | 57M | 79M | 83M | 82M | 79M | 76M | 74M | 72M | 72M | 72M |
| Gross margin | 100.0% | 100.0% | 80.0% | 93.3% | 88.2% | 87.6% | 90.6% | 87.3% | 77.4% | 68.6% |
| Operating margin | -206.9% | -153.6% | 74.4% | -8.7% | 67.6% | 66.7% | 38.5% | 59.8% | 50.4% | 25.1% |
| Net margin | -264.9% | -295.3% | 88.4% | -27.1% | 45.1% | 52.0% | 30.6% | 48.6% | 42.7% | 24.6% |
Balance sheet
Fiscal years, from SIGA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $29M | $20M | $101M | $65M | $118M | $103M | $99M | $150M | $155M | $155M |
| Receivables | $3M | $2M | $2M | $4M | $3M | $84M | $45M | $21M | $21M | $3M |
| Inventory | $26M | $3M | $3M | $10M | $20M | $20M | $39M | $64M | $50M | $49M |
| Total current assets | $69M | $37M | $121M | $180M | $144M | $209M | $186M | $239M | $231M | $213M |
| Property, plant and equipment | $299,477 | $138,640 | $171,274 | $3M | $2M | $2M | $2M | $1M | $1M | $1M |
| Goodwill | $898,334 | $898,334 | $898,334 | $898,334 | $898,334 | $898,334 | $898,334 | $898,334 | $898,334 | $898,334 |
| Total assets | $161M | $145M | $203M | $199M | $150M | $215M | $195M | $254M | $244M | $219M |
| Total current liabilities | $7M | $7M | $11M | $92M | $10M | $30M | $22M | $54M | $25M | $18M |
| Total liabilities | $448M | $468M | $101M | $101M | $20M | $40M | $25M | $57M | $29M | $21M |
| Shareholders' equity | -$287M | -$323M | $103M | $98M | $130M | $174M | $170M | $197M | $216M | $199M |
| Net debt | -$29M | -$20M | -$101M | -$65M | -$118M | -$103M | -$99M | -$150M | -$155M | -$155M |
Cash flow
Fiscal years, from SIGA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$117M | -$18M | $69M | -$18M | $72M | $11M | $42M | $95M | $49M | $43M |
| Capital spending | $23,927 | $100,124 | $102,264 | $29,094 | $15,501 | $50,620 | $0 | $21,686 | $42,450 | $355,009 |
| Free cash flow | -$117M | -$18M | $69M | -$18M | $72M | $11M | $42M | $95M | $49M | $43M |
| Stock-based compensation | $775,541 | $1M | $2M | $2M | $1M | $1M | $2M | $2M | $4M | $4M |
| Dividends paid | — | — | — | — | $0 | $0 | $33M | $32M | $43M | $43M |
| Share buybacks (net) | $0 | -$84,000 | $0 | $0 | -$29M | -$26M | -$13M | -$11M | $0 | $0 |
| Net borrowing | $0 | $0 | $0 | $0 | -$86M | $0 | $0 | — | — | — |
| Free cash flow margin | -779.6% | -150.7% | 14.4% | -68.2% | 57.2% | 8.6% | 37.6% | 67.7% | 35.1% | 45.6% |
| Dividends per share | — | — | — | — | — | — | $0.45 | $0.45 | $0.59 | $0.60 |
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Open SIGA in InvestinglyQuestions
What was SIGA's revenue in 2025?
$95M in fiscal 2025, from its 10-K filing.
How much free cash flow does SIGA generate?
$43M in fiscal 2025 (operating cash flow minus capital spending).
From SIGA's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.