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Siga Technologie Financials

SIGA
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Siga Technologie (SIGA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 63 / 100
Financial Profile 63/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
78

Siga Technologie has an operating margin of 25.1%, meaning the company retains $25 of operating profit per $100 of revenue. This strong profitability earns a score of 78/100, reflecting efficient cost management and pricing power. This is down from 50.4% the prior year.

Growth
0

Siga Technologie's revenue declined 31.8% year-over-year, from $138.7M to $94.6M. This contraction results in a growth score of 0/100.

Leverage
100

Siga Technologie carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 11.83, Siga Technologie holds $11.83 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Returns
37

Siga Technologie's ROE of 11.7% shows moderate profitability relative to equity, earning a score of 37/100. This is down from 27.4% the prior year.

Altman Z-Score Safe
12.49

Siga Technologie scores 12.49, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($375.4M) relative to total liabilities ($20.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
4/9

Siga Technologie passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.87x

For every $1 of reported earnings, Siga Technologie generates $1.87 in operating cash flow ($43.5M OCF vs $23.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$94.6M
YoY-31.8%
5Y CAGR-5.4%

Siga Technologie generated $94.6M in revenue in fiscal year 2025. This represents a decrease of 31.8% from the prior year.

EBITDA
$24.3M
YoY-65.6%
5Y CAGR-22.2%

Siga Technologie's EBITDA was $24.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 65.6% from the prior year.

Net Income
$23.3M
YoY-60.7%
5Y CAGR-16.2%

Siga Technologie reported $23.3M in net income in fiscal year 2025. This represents a decrease of 60.7% from the prior year.

EPS (Diluted)
$0.32
YoY-61.0%
5Y CAGR-14.7%

Siga Technologie earned $0.32 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 61.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$155.0M
YoY-0.3%
5Y CAGR+5.6%
10Y CAGR+3.2%

Siga Technologie held $155.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.60
YoY+0.0%

Siga Technologie paid $0.60 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding
72M
YoY+0.3%
5Y CAGR-1.5%
10Y CAGR-0.9%

Siga Technologie had 72M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Margins & Returns

Gross Margin
68.6%
YoY-8.9pp
5Y CAGR-19.6pp

Siga Technologie's gross margin was 68.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 8.9 percentage points from the prior year.

Operating Margin
25.1%
YoY-25.4pp
5Y CAGR-42.6pp

Siga Technologie's operating margin was 25.1% in fiscal year 2025, reflecting core business profitability. This is down 25.4 percentage points from the prior year.

Net Margin
24.6%
YoY-18.1pp
5Y CAGR-20.5pp

Siga Technologie's net profit margin was 24.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 18.1 percentage points from the prior year.

Return on Equity
11.7%
YoY-15.7pp
5Y CAGR-31.7pp

Siga Technologie's ROE was 11.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 15.7 percentage points from the prior year.

Capital Allocation

R&D Spending
$20.0M
YoY+62.1%
5Y CAGR+12.8%
10Y CAGR+4.3%

Siga Technologie invested $20.0M in research and development in fiscal year 2025. This represents an increase of 62.1% from the prior year.

Share Buybacks
$0

Siga Technologie spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
N/A

SIGA Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $3.8M+44.8% $2.6M-96.8% $81.1M+1052.1% $7.0M-91.4% $81.5M+713.9% $10.0M-54.1% $21.8M-14.2% $25.4M
Cost of Revenue $3.0M+198.3% $1.0M-96.1% $25.6M+16100.6% $158K-98.9% $14.1M+772.1% $1.6M-86.8% $12.3M+281.7% $3.2M
Gross Profit $804K-50.3% $1.6M-97.1% $55.6M+707.3% $6.9M-89.8% $67.3M+702.7% $8.4M-11.7% $9.5M-57.2% $22.2M
R&D Expenses $5.0M-28.5% $7.1M+60.4% $4.4M+27.0% $3.5M+3.6% $3.3M+10.6% $3.0M+4.7% $2.9M-5.4% $3.1M
SG&A Expenses $5.3M+10.0% $4.8M-12.8% $5.5M-3.3% $5.7M-17.8% $6.9M+43.2% $4.8M-12.8% $5.5M-29.8% $7.9M
Operating Income -$9.5M+7.1% -$10.2M-122.4% $45.7M+2125.4% -$2.3M-104.0% $57.1M+10430.8% $542K-49.8% $1.1M-90.4% $11.3M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax -$2.5M-27.3% -$2.0M-116.9% $11.8M+7368.6% -$162K-101.3% $12.8M+2325.4% $529K-6.5% $565K-80.8% $2.9M
Net Income -$5.4M+14.7% -$6.4M-117.9% $35.5M+8792.1% -$408K-100.9% $45.8M+3304.9% $1.3M-26.7% $1.8M-82.2% $10.3M
EPS (Diluted) N/A $-0.09-118.4% $0.49+5000.0% $-0.01 N/A $0.02-33.3% $0.03-78.6% $0.14

SIGA Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $219.5M-5.2% $231.6M-1.6% $235.3M-4.8% $247.1M+1.1% $244.3M+25.1% $195.4M+1.4% $192.7M-20.8% $243.1M
Current Assets $212.9M-6.5% $227.7M-0.6% $229.2M-1.9% $233.6M+1.1% $231.0M+27.9% $180.7M+2.4% $176.5M-22.6% $227.9M
Cash & Equivalents $155.0M-9.9% $172.0M-5.8% $182.5M+12.4% $162.3M+4.4% $155.4M+56.5% $99.3M-7.2% $106.9M-25.7% $143.9M
Inventory $49.1M+2.2% $48.0M+34.8% $35.6M-39.7% $59.1M+19.2% $49.6M-20.1% $62.0M+11.4% $55.7M-12.6% $63.7M
Accounts Receivable $3.3M+31.1% $2.5M-61.6% $6.5M-9.7% $7.2M-66.1% $21.2M+75.1% $12.1M+35.0% $9.0M-50.6% $18.1M
Goodwill $898K0.0% $898K0.0% $898K0.0% $898K0.0% $898K0.0% $898K0.0% $898K0.0% $898K
Total Liabilities $20.6M-26.6% $28.1M+8.1% $26.0M-15.9% $30.9M+8.4% $28.5M+10.1% $25.9M+3.2% $25.1M-67.9% $78.2M
Current Liabilities $18.0M-27.6% $24.8M+9.4% $22.7M-18.3% $27.8M+9.7% $25.3M+13.6% $22.3M+4.3% $21.4M-71.4% $74.8M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $198.8M-2.3% $203.5M-2.8% $209.3M-3.2% $216.1M+0.2% $215.8M+27.4% $169.4M+1.1% $167.6M+1.6% $165.0M
Retained Earnings -$43.1M-14.4% -$37.6M-20.4% -$31.3M-34.5% -$23.2M-1.8% -$22.8M+66.7% -$68.6M+1.9% -$70.0M+2.6% -$71.8M

SIGA Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow -$16.9M-71.8% -$9.8M-115.6% $63.1M+793.3% $7.1M-87.5% $56.3M+862.7% -$7.4M-224.0% $6.0M+197.3% -$6.1M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$41K+86.0% -$290K-28957500.0% -$1+100.0% -$25K-39.6% -$18K+20.5% -$22K-926.4% -$2K $0
Financing Cash Flow -$88K+78.2% -$403K+99.1% -$42.9M-25709.0% -$166K-2.7% -$162K+41.0% -$274K+99.4% -$42.9M-26865.7% -$159K
Dividends Paid $88K-45.8% $162K N/A N/A $0+100.0% -$8K N/A N/A
Share Buybacks N/A N/A N/A N/A $0 $0 $0 $0

SIGA Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 21.2%-40.6pp 61.8%-6.8pp 68.5%-29.3pp 97.8%+15.1pp 82.7%-1.2pp 83.8%+40.3pp 43.5%-43.8pp 87.3%
Operating Margin -250.4%+139.8pp -390.2%-446.5pp 56.3%+88.3pp -32.0%-102.1pp 70.1%+64.6pp 5.4%+0.5pp 5.0%-39.4pp 44.3%
Net Margin -143.1%+99.8pp -243.0%-286.7pp 43.7%+49.5pp -5.8%-62.0pp 56.2%+42.7pp 13.4%+5.0pp 8.4%-32.0pp 40.4%
Return on Equity -2.7%+0.4pp -3.1%-20.1pp 17.0%+17.1pp -0.2%-21.4pp 21.2%+20.4pp 0.8%-0.3pp 1.1%-5.1pp 6.2%
Return on Assets -2.5%+0.3pp -2.8%-17.8pp 15.1%+15.3pp -0.2%-18.9pp 18.7%+18.0pp 0.7%-0.3pp 0.9%-3.3pp 4.2%
Current Ratio 11.83+2.7 9.17-0.9 10.09+1.7 8.40-0.7 9.12+1.0 8.10-0.2 8.26+5.2 3.05
Debt-to-Equity 0.10-0.0 0.14+0.0 0.12-0.0 0.14+0.0 0.13-0.0 0.150.0 0.15-0.3 0.47
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Siga Technologie (SIGA) reported $94.6M in total revenue for fiscal year 2025. This represents a -31.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Siga Technologie (SIGA) revenue declined by 31.8% year-over-year, from $138.7M to $94.6M in fiscal year 2025.

Yes, Siga Technologie (SIGA) reported a net income of $23.3M in fiscal year 2025, with a net profit margin of 24.6%.

Siga Technologie (SIGA) reported diluted earnings per share of $0.32 for fiscal year 2025. This represents a -61.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Siga Technologie (SIGA) had EBITDA of $24.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Siga Technologie (SIGA) had a gross margin of 68.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Siga Technologie (SIGA) had an operating margin of 25.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Siga Technologie (SIGA) had a net profit margin of 24.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Siga Technologie (SIGA) paid $0.60 per share in dividends during fiscal year 2025.

Siga Technologie (SIGA) has a return on equity of 11.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Siga Technologie (SIGA) generated $43.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Siga Technologie (SIGA) had $219.5M in total assets as of fiscal year 2025, including both current and long-term assets.

Siga Technologie (SIGA) invested $20.0M in research and development during fiscal year 2025.

Siga Technologie (SIGA) had 72M shares outstanding as of fiscal year 2025.

Siga Technologie (SIGA) had a current ratio of 11.83 as of fiscal year 2025, which is generally considered healthy.

Siga Technologie (SIGA) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Siga Technologie (SIGA) had a return on assets of 10.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Siga Technologie (SIGA) has an Altman Z-Score of 12.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Siga Technologie (SIGA) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Siga Technologie (SIGA) has an earnings quality ratio of 1.87x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Siga Technologie (SIGA) scores 63 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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