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Assertio Holdings Inc
NASDAQ:ASRT

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Assertio Holdings Inc
NASDAQ:ASRT
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Price: 18.41 USD -1.02%
Market Cap: $118.2m

Assertio Holdings Inc
Investor Relations

Assertio Holdings, Inc. engages in the provision of commercial pharmaceutical products. The company is headquartered in Lake Forest, Illinois and currently employs 19 full-time employees. The firm's primary marketed products are INDOCIN (indomethacin) Suppositories, INDOCIN (indomethacin) Oral Suspension, INDOCIN (indomethacin) Oral Suspension, CAMBIA (diclofenac potassium for oral solution), Otrexup (methotrexate) injection for subcutaneous use, SPRIX (ketorolac tromethamine) Nasal Spray and Zipsor (diclofenac potassium) Liquid filled capsules. The firm has other commercially available products, which include OXAYDO (oxycodone HCI, USP) tablets for oral use only. Assertio and Zyla are the registered trademarks of the Company. INDOCIN products are used for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease, moderate to severe ankylosing spondylitis, moderate to severe osteoarthritis, acute painful shoulder (bursitis and/or tendinitis) and acute gouty arthritis.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 16, 2026
AI Summary
Q4 2025

Rolvedon focus: Management says Rolvedon is the core growth engine — integration is complete and newly labeled commercial sales are expected to begin in Q2 2026 with material upside vs. 2025.

2026 outlook: Company initiated fiscal 2026 guidance of $110 million to $125 million in revenue and $28 million to $40 million in adjusted EBITDA.

Shift in BD strategy: Assertio will prioritize oncology therapeutics (on-market or late‑stage) that leverage its community oncology commercial footprint and be more selective on acquisitions.

Q4 receipts and cash dynamics: Q4 product sales were $12.8 million (down vs. prior year) and cash decreased to $63.4 million as of Dec 31, 2025, driven by temporary working capital tied to the Rolvedon sell‑in; management expects normalization by end of April.

Cost structure gains: Q4 SG&A fell to $13.1 million after restructuring and lower litigation expense; full‑year adjusted EBITDA rose to $22.7 million partly from lower SG&A and better gross margin.

Tail assets and Indocin: Indocin remains a declining tail product amid expected additional generic competition in 2026; management expects ongoing erosion but will try to maximize profitability.

Commercial capability: Management highlights a scalable, community oncology‑focused commercial platform (field sales, national accounts, hub/reimbursement) that can support additional oncology products.

Key Financials
Total product sales (Q4 2025)
$12.8 million
Rolvedon net sales (Q4 2025)
$0.4 million
Sympazan sales (Q4 2025)
$3.1 million
Indocin sales (Q4 2025)
$5.5 million
Gross margin (Q4 2025)
75%
SG&A (Q4 2025)
$13.1 million
GAAP net income (Q4 2025)
loss of $11.9 million
Adjusted EBITDA (Q4 2025)
negative $4.1 million
Cash, cash equivalents and short‑term investments (Dec 31, 2025)
$63.4 million
Total product sales (Full year 2025)
$117.1 million
Rolvedon sales (Full year 2025)
$68.2 million
Indocin net product sales (Full year 2025)
$18.9 million
Gross margin (Full year 2025)
70%
Adjusted EBITDA (Full year 2025)
$22.7 million
Fiscal 2026 revenue guidance
$110 million to $125 million
Fiscal 2026 adjusted EBITDA guidance
$28 million to $40 million
Rolvedon potential peak sales (management commentary)
$100 million to $130 million (range discussed)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Ajay Patel
Senior VP & CFO
No Bio Available
Mr. Paul Schwichtenberg
Senior Vice President & Chief Commercial Officer
No Bio Available
Mr. Brendan P. O'Grady
CEO & Director
No Bio Available
Mr. Bill Iskos
Senior Vice President of Operations
No Bio Available
Ms. Molly Dir
Senior Vice President of HR & Administration
No Bio Available
Mr. Sam Schlessinger
Senior VP & General Counsel
No Bio Available
Dr. Howard J. Franklin M.B.A., M.D.
Senior Vice President of Medical
No Bio Available

Contacts

Address
ILLINOIS
Lake Forest
100 S. Saunders Road, Suite 300
Contacts
+12244197106.0
www.assertiotx.com
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