SIGA Technologies Inc. (SIGA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 22	—	-$0.01	—	—	$11.4M	—
Q3 22	—	$0.45	—	—	$72.2M	—
Q2 22	—	$0.03	—	—	$16.7M	—
Q1 22	—	-$0.01	—	—	$10.5M	—
Q4 21	—	$0.98	—	—	$115.4M	—
Q3 21	—	-$0.04	—	—	$4.8M	—
Q1 21	—	-$0.02	—	—	$4.8M	—
Q4 20	—	$0.26	—	—	$37.7M	—
Q3 20	—	$0.31	—	—	$44.3M	—
Q2 20	—	$0.26	—	—	$40.3M	—
Q1 20	—	-$0.05	—	—	$2.6M	—
Q4 19	—	-$0.06	—	—	$4.3M	—
Q3 14	—	-$4.49	—	—	$1.1M	—
Q2 14	—	-$0.06	—	—	$650.6K	—
Q1 14	—	-$0.07	—	—	$549.4K	—
Q4 13	$0.62	-$0.07	-111.3%	—	$934.1K	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.33	—	—	$94.6M	—
FY24	—	$0.83	—	—	$138.7M	—
FY23	—	$0.95	—	—	$139.9M	—
FY22	—	$0.46	—	—	$110.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$15M	$12.3M	$477.1M	$26.7M	$125M	$133.7M	$110.8M	$139.9M	$138.7M	$94.6M
YoY change	+83.3%	-18.1%	+3.8K%	-94.4%	+367.3%	+6.97%	-17.1%	+26.3%	-0.86%	-31.8%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	15M	12.3M	477.1M	26.7M	125M	133.7M	110.8M	139.9M	138.7M	94.6M
Cost of revenue	19.7M	16.7M	108.3M	15.1M	25.7M	26.5M	33M	34.3M	31.3M	29.7M
Gross profit	-4.7M	-4.4M	368.8M	11.7M	99.2M	107.1M	77.8M	105.7M	107.4M	64.9M
Gross margin	-31.5%	-36%	77.3%	43.6%	79.4%	80.1%	70.2%	75.5%	77.4%	68.6%
Research & development	19.7M	16.7M	13M	—	—	—	—	—	12.3M	20M
Selling, general & administrative	13.7M	12.3M	12.9M	13.3M	14.7M	18M	35.1M	22M	25.1M	21.2M
Operating expenses	34.3M	29.9M	26.7M	14M	15.4M	18.7M	35.1M	22M	37.4M	41.2M
Operating income	-19.3M	-17.6M	355.1M	-2.3M	84.5M	89.1M	42.7M	83.6M	70M	23.7M
Operating margin	-129.1%	-143.6%	74.4%	-8.68%	67.6%	66.7%	38.5%	59.8%	50.4%	25.1%
Non-operating income, net	-6.3M	-5.9M	72M	7.9M	-8M	218.9K	1.4M	4.2M	6.1M	6.7M
Pretax income	-39.7M	-38.3M	411.6M	-10.2M	73.5M	89.3M	44.1M	87.8M	76.1M	30.4M
Income tax	13.9K	-2.1M	-10.2M	-2.9M	17.2M	19.9M	10.2M	19.7M	16.9M	7.1M
Net income	-39.7M	-36.2M	421.8M	-7.2M	56.3M	69.5M	33.9M	68.1M	59.2M	23.3M
Net margin	-264.9%	-295.3%	88.4%	-27.1%	45.1%	52%	30.6%	48.6%	42.7%	24.6%
EBITDA	-20.8M	-17.5M	434.1M	1M	85.6M	89.5M	42.8M	84.2M	70.5M	24.3M
EPS	-0.69	-0.46	5.28	-0.09	0.71	0.92	0.46	0.95	0.83	0.33
Diluted EPS	-0.69	-0.46	5.18	-0.15	0.71	0.91	0.46	0.95	0.82	0.32

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	9.2M	116.5M	25.4M	21.8M	10M	81.5M	7M	81.1M	2.6M	3.8M	6.2M	41M
Cost of revenue	4.5M	17.4M	6.3M	15.2M	1.6M	14.1M	3.6M	25.6M	1M	3M	2.9M	17.6M
Gross profit	4.7M	99.1M	19.2M	6.6M	8.4M	67.3M	3.4M	55.6M	1.6M	804.5K	3.3M	23.4M
Gross margin	50.8%	85%	75.3%	30.3%	83.8%	82.7%	48.6%	68.5%	61.8%	21.2%	52.9%	57.2%
Research & development	—	—	—	—	3M	3.3M	3.5M	4.4M	7.1M	5M	3.9M	4.4M
Selling, general & administrative	6M	7.4M	7.9M	5.5M	4.8M	6.9M	5.7M	5.5M	4.8M	5.3M	4.7M	5.1M
Operating expenses	6M	7.4M	7.9M	5.5M	7.8M	10.3M	9.1M	9.9M	11.8M	10.3M	8.6M	9.5M
Operating income	-1.3M	91.7M	11.3M	1.1M	542.1K	57.1M	-2.3M	45.7M	-10.2M	-9.5M	-5.3M	13.9M
Operating margin	-14.2%	78.7%	44.3%	4.95%	5.42%	70.1%	-32%	56.3%	-390.2%	-250.4%	-85.2%	33.9%
Non-operating income, net	883.1K	1.2M	1.9M	1.3M	1.3M	1.5M	1.7M	1.6M	1.9M	1.5M	1.3M	946.9K
Pretax income	-426.1K	92.9M	13.2M	2.4M	1.9M	58.6M	-570.4K	47.3M	-8.4M	-8M	-4M	14.9M
Income tax	-33K	20.6M	2.9M	565.2K	528.6K	12.8M	-162.2K	11.8M	-2M	-2.5M	-589.4K	2.4M
Net income	-393.1K	72.3M	10.3M	1.8M	1.3M	45.8M	-408.2K	35.5M	-6.4M	-5.4M	-3.5M	12.5M
Net margin	-4.26%	62%	40.4%	8.4%	13.4%	56.2%	-5.8%	43.7%	-243%	-143.1%	-55.3%	30.4%
EBITDA	-1.2M	91.8M	11.4M	1.2M	670.5K	57.2M	-2.1M	45.8M	-10.1M	-9.4M	-5.2M	14.1M
EPS	-0.01	—	0.14	0.03	0.02	—	-0.01	0.5	-0.09	—	-0.05	0.17
Diluted EPS	-0.01	—	0.14	0.03	0.02	—	-0.01	0.49	-0.09	—	-0.05	0.17

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	164.7M	—	631.4M	386.5M	576.2M	566.4M	536.8M	399.6M	428.2M	437M	248.6M
Enterprise value	202.6M	—	606.3M	401.7M	458.8M	463.8M	438.5M	250M	273.4M	282.7M	130.7M
Shares outstanding	57.2M	78.9M	79.9M	81M	79.3M	75.3M	72.9M	71.4M	71.3M	71.5M	71.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	1.5	—	10.2	8.16	15.8	5.87	7.23	18.8	11.3
P/S	11	—	1.32	14.5	4.61	4.24	4.85	2.86	3.09	4.62	4.63
P/B	-0.57	—	6.14	3.95	4.44	3.25	3.15	2.03	1.98	2.2	1.5
EV/EBITDA	-9.72	—	1.4	391.1	5.36	5.18	10.2	2.97	3.88	11.6	-12.4
EV/Sales	13.5	—	1.27	15	3.67	3.47	3.96	1.79	1.97	2.99	2.44
Earnings yield	—	—	66.8%	—	9.78%	12.3%	6.32%	17%	13.8%	5.33%	8.89%
FCF yield	-70.9%	—	10.9%	-4.72%	12.4%	2.02%	7.75%	23.7%	11.4%	9.87%	-9.65%
PEG	—	—	—	—	—	—	—	—	—	—	-0.17

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	-31.5%	-36%	77.3%	43.6%	79.4%	80.1%	70.2%	75.5%	77.4%	68.6%	57.2%
Operating margin	-129.1%	-143.6%	74.4%	-8.68%	67.6%	66.7%	38.5%	59.8%	50.4%	25.1%	33.9%
Net margin	-264.9%	-295.3%	88.4%	-27.1%	45.1%	52%	30.6%	48.6%	42.7%	24.6%	-5.19%
ROE	13.8%	11.2%	409.9%	-7.41%	43.4%	39.8%	19.9%	34.6%	27.4%	11.7%	-1.49%
ROA	-24.7%	-25%	207.3%	-3.65%	37.6%	32.3%	17.4%	26.8%	24.2%	10.6%	-3.39%
ROIC	7.75%	6.48%	456.4%	-2.06%	524.3%	96.7%	45.6%	137.2%	89.4%	40.9%	-23.1%
Return on tangible assets	-24.9%	-25.4%	209.2%	-3.68%	38.1%	32.6%	17.5%	27%	24.4%	10.7%	-1.6%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	9.74	5.49	10.7	1.96	13.7	6.85	8.63	4.42	9.12	11.8	21.7
Quick ratio	6.05	5.05	10.4	1.86	11.8	6.21	6.81	3.23	7.16	9.1	16.5
Debt / equity	-0.23	-0.22	0.73	0.82	0	0	0	0	0	0	0
Debt / assets	0.41	0.49	0.37	0.41	0	0	0	0	0	0	0
Net debt / EBITDA	-1.82	-2.93	-0.06	14.8	-1.37	-1.15	-2.29	-1.78	-2.2	-6.36	11.1
Interest coverage	-1.82	-1.6	27.6	0.35	25.4	—	—	—	—	—	—
Effective tax rate	0%	0%	0%	0%	23.4%	22.2%	23.2%	22.5%	22.2%	23.4%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	0.26	0.16	5.97	0.33	1.58	1.77	1.52	1.96	1.95	1.32	0.75
EPS (basic)	-0.69	-0.46	5.28	-0.09	0.71	0.92	0.46	0.95	0.83	0.33	0.33
EPS (diluted)	-0.69	-0.46	5.18	-0.15	0.71	0.91	0.46	0.95	0.82	0.32	-0.04
Book value per share	-5.03	-4.1	1.29	1.21	1.64	2.31	2.33	2.76	3.03	2.78	2.3
FCF per share	-2.04	-0.23	0.86	-0.23	0.9	0.15	0.57	1.33	0.68	0.6	-0.29
Cash per share	0.5	0.25	1.26	0.81	1.49	1.37	1.35	2.1	2.18	2.17	1.64
Capex per share	0	—	—	—	—	—	—	—	—	0	0

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	—	—	—	—	—	—	—	—	0.38%	0.62%
Capex / operating cash flow	0%	—	—	—	—	—	—	—	—	0.82%	-1.64%
Payout ratio	—	—	—	—	0%	0%	97.2%	47.2%	72.1%	185.2%	0%
Dividend yield	—	—	—	—	0%	0%	6.14%	8.04%	9.96%	9.87%	68.9%

Yield

68.9%

trailing twelve months

Frequency

Annual

Last dividend

$0.60

ex-dividend Apr 7, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Apr 7, 2026	$0.60
Apr 29, 2025	$0.60
Mar 25, 2024	$0.60
May 15, 2023	$0.45
May 16, 2022	$0.45

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$9.2M	$116.5M	$25.4M	$21.8M	$10M	$81.5M	$7M	$81.1M	$2.6M	$3.8M	$6.2M	$41M
YoY change	-87.2%	+925.5%	+205.5%	+271%	+8.39%	-30.1%	-72.3%	+271.9%	-73.8%	-95.3%	-11.3%	-49.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	28.7M	19.9M	100.7M	65.2M	117.9M	103.1M	98.8M	150.1M	155.4M	155M
Receivables	3.2M	1.8M	2M	4.2M	3.3M	83.7M	45.4M	21.1M	21.2M	3.3M
Inventory	26.2M	3M	2.9M	9.7M	20.3M	19.5M	39.3M	64.2M	49.6M	49.1M
Total current assets	69.2M	37.4M	121.3M	180M	143.6M	208.8M	185.8M	239M	231M	212.9M
Property, plant & equipment	299.5K	138.6K	171.3K	2.6M	2.1M	2.4M	1.8M	1.3M	1.3M	-3.1M
Goodwill & intangibles	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M
Total assets	161M	144.7M	203.4M	198.6M	149.8M	214.7M	195M	254.4M	244.3M	219.5M
Accounts payable	2.5M	1.3M	1.7M	3.1M	1.3M	2M	3.4M	1.5M	1.3M	824.5K
Short-term debt	—	—	—	80.5M	449.9K	466.8K	528.2K	564K	546.8K	595.2K
Total current liabilities	7.1M	6.8M	11.3M	91.7M	10.5M	30.5M	21.5M	54.1M	25.3M	18M
Long-term debt	66.6M	71.1M	75.5M	—	—	—	—	—	—	—
Total liabilities	448.4M	467.8M	100.5M	100.8M	20M	40.4M	24.9M	57.5M	28.5M	20.6M
Shareholders' equity	-287.4M	-323.1M	102.9M	97.8M	129.8M	174.3M	170.2M	196.9M	215.8M	198.8M
Total debt	66.6M	71.1M	75.5M	80.5M	449.9K	466.8K	528.2K	564K	546.8K	595.2K
Net debt	37.9M	51.2M	-25.1M	15.2M	-117.4M	-102.7M	-98.3M	-149.6M	-154.9M	-154.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	71.1M	150.1M	143.9M	106.9M	99.3M	155.4M	162.3M	182.5M	172M	155M	145.6M	117.6M
Receivables	8.1M	21.1M	18.1M	9M	12.1M	21.2M	7.2M	6.5M	2.5M	3.3M	4.5M	7.2M
Inventory	65M	64.2M	63.7M	55.7M	62M	49.6M	59.1M	35.6M	48M	49.1M	56.5M	41.1M
Total current assets	146M	239M	227.9M	176.5M	180.7M	231M	233.6M	229.2M	227.7M	212.9M	211.5M	170.4M
Property, plant & equipment	1.5M	1.3M	1.2M	1.5M	1.4M	1.3M	1.2M	251.4K	-3.7M	-3.8M	-3.2M	-2.6M
Goodwill & intangibles	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M	1.8M
Total assets	158.4M	254.4M	243.1M	192.7M	195.4M	244.3M	247.1M	235.3M	231.6M	219.5M	219.4M	175.7M
Accounts payable	564.3K	1.5M	2.5M	1M	1.3M	1.3M	1.2M	1.2M	5M	824.5K	6.3M	909.8K
Short-term debt	554.7K	564K	503.5K	523.9K	535.2K	546.8K	558.7K	570.4K	582.7K	595.2K	538.2K	439.4K
Total current liabilities	30.7M	54.1M	74.8M	21.4M	22.3M	25.3M	27.8M	22.7M	24.8M	18M	65.2M	7.8M
Long-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total liabilities	34.2M	57.5M	78.2M	25.1M	25.9M	28.5M	30.9M	26M	28.1M	20.6M	67.8M	10.4M
Shareholders' equity	124.1M	196.9M	165M	167.6M	169.4M	215.8M	216.1M	209.3M	203.5M	198.8M	151.6M	165.3M
Total debt	554.7K	564K	503.5K	523.9K	535.2K	546.8K	558.7K	570.4K	582.7K	595.2K	538.2K	439.4K
Net debt	-70.6M	-149.6M	-143.4M	-106.4M	-98.7M	-154.9M	-161.7M	-181.9M	-171.4M	-154.4M	-145M	-117.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-39.7M	-36.2M	421.8M	-7.2M	56.3M	69.5M	33.9M	68.1M	59.2M	23.3M
Depreciation & amortization	174.3K	132.2K	69.6K	527K	529.8K	522.4K	517.6K	538.3K	538.4K	562.6K
Stock-based compensation	775.5K	1.1M	2.3M	2.1M	1.4M	1.3M	1.8M	2.1M	3.6M	3.7M
Change in working capital	-81M	9.2M	5.5M	-9.9M	-9.3M	-78.2M	27.2M	11M	9.6M	16.5M
Operating cash flow	-119.1M	-22.8M	64.6M	-12.4M	61.4M	-6.9M	59.5M	76.9M	62.7M	43.5M
Capital expenditure	0	—	—	—	—	—	—	—	—	-355K
Investing cash flow	1.2M	—	78.3M	—	—	—	—	—	—	-355K
Dividends paid	—	—	—	—	0	0	-32.9M	-32.1M	-42.7M	-43.1M
Share repurchases	-428K	-591.1K	0	0	-28.5M	-26M	-13M	-11.1M	0	0
Financing cash flow	58.7M	-1.3M	-4.1M	-1.2M	-200.5M	-26.2M	-46M	-43.4M	-43.5M	-43.6M
Net change in cash	-59.3M	-24.1M	138.9M	-13.6M	-139.1M	-33.1M	13.6M	33.4M	19.2M	-433.8K
Free cash flow	-116.8M	-18.5M	68.8M	-18.2M	71.5M	11.4M	41.6M	94.8M	48.7M	43.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-393.1K	72.3M	10.3M	1.8M	1.3M	45.8M	-408.2K	35.5M	-6.4M	-5.4M	-3.5M	12.5M
Depreciation & amortization	135.9K	137.6K	138.5K	140.8K	128.4K	130.7K	135.3K	139K	141.8K	146.5K	149.9K	152.2K
Stock-based compensation	459.8K	462.5K	1.1M	932.3K	813.8K	764.1K	902.3K	1.2M	774.1K	772.5K	753K	1.2M
Change in working capital	-4.5M	-10.7M	1M	15.7M	-8.7M	1.5M	14.9M	14M	-2M	-10.4M	-6M	8.4M
Operating cash flow	-4.6M	59M	12.6M	18M	-6.4M	48.2M	15.2M	63.1M	-9.8M	-16.9M	-8.7M	15.2M
Capital expenditure	—	—	—	—	—	—	—	-1	-289.6K	-40.5K	0	0
Investing cash flow	—	—	—	—	—	—	—	-1	-289.6K	-40.5K	0	0
Dividends paid	0	0	—	—	8.5K	0	—	-42.9M	-162K	-87.8K	-159.4K	-43.1M
Share repurchases	0	0	0	0	0	0	—	—	—	—	—	—
Financing cash flow	0	0	-159K	-196.6K	-274.1K	-161.8K	-166.2K	-42.9M	-403.5K	-87.8K	-740.4K	-43.2M
Net change in cash	-4.6M	59M	12.5M	17.8M	-6.7M	48M	15.1M	20.2M	-10.5M	-17M	-9.4M	-28M
Free cash flow	-5.1M	79M	-6.1M	6M	-7.4M	56.3M	7M	63.1M	-10.1M	-16.9M	-8.7M	15.2M

SIGA Technologies Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement