Adagene Inc. Financial Summary

Quick Answer

Adagene Inc. reported Total Revenue of $103.2 thousand for fiscal year 2024.

Adagene Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $103.2K
-99.4%
$18.11M
+94.9%
$9.29M
-8.7%
$10.18M
+1351.7%
$700.9K
+46.0%
$480.0K
-68.2%
Revenue (ASC 606) $103.2K
-99.4%
$18.11M
+94.9%
$9.29M
-8.7%
$10.18M
+1351.7%
$700.9K
+46.0%
$480.0K
-68.2%
Net Income -$33.42M
-76.4%
-$18.95M
+76.3%
-$79.97M
-9.3%
-$73.18M
-72.6%
-$42.40M
-158.0%
-$16.43M
-7.6%
Diluted EPS -$0.59
-68.6%
-$0.35
+76.4%
-$1.48
-1.4%
-$1.46
+45.3%
-$2.67
-142.7%
-$1.10
-17.0%
Total Assets $89.27M
-22.9%
$115.73M
-24.1%
$152.40M
-19.6%
$189.51M
+124.9%
$84.26M
-20.4%
$105.89M
Cash and Equivalents $85.19M
-22.5%
$109.93M
-23.5%
$143.76M
-17.6%
$174.39M
+132.1%
$75.15M
-18.8%
$92.53M
Long-Term Debt $417.3K
-96.9%
$13.54M
-4.3%
$14.15M
+372.8%
$2.99M
+0.9%
$2.97M
+95.6%
$1.52M
Stockholders Equity $50.52M
-28.4%
$70.56M
-15.1%
$83.09M
-46.9%
$156.56M
+275.1%
-$89.39M
-56.8%
-$57.01M
-39.0%
R&D Expense $28.78M
-21.4%
$36.64M
-55.0%
$81.34M
+19.4%
$68.10M
+103.1%
$33.54M
+106.9%
$16.21M
+0.8%
Operating Income -$35.95M
-51.6%
-$23.72M
+71.7%
-$83.92M
-16.0%
-$72.36M
-67.7%
-$43.15M
-125.1%
-$19.17M
-10.6%
Shares Outstanding 58.89M
+6.8%
55.15M
+2.0%
54.07M
-1.0%
54.60M
+228.8%
16.60M
+9.3%
15.19M
  • Adagene Inc. reported Total Revenue of $103.2 thousand for fiscal year 2024.
  • Adagene Inc. showed a decrease of -99.4% in Total Revenue compared to the prior fiscal year.
  • Adagene Inc. reported Revenue (ASC 606) of $103.2 thousand for fiscal year 2024.
  • Adagene Inc. showed a decrease of -99.4% in Revenue (ASC 606) compared to the prior fiscal year.
  • Adagene Inc. reported Net Income of -$33.42 million for fiscal year 2024.
  • Adagene Inc. showed a decrease of -76.4% in Net Income compared to the prior fiscal year.
  • Adagene Inc. reported Diluted EPS of $0.59 per share (loss) for fiscal year 2024.
  • Adagene Inc. showed a decrease of -68.6% in Diluted EPS compared to the prior fiscal year.
  • Adagene Inc. reported Total Assets of $89.27 million for fiscal year 2024.
  • Adagene Inc. showed a decrease of -22.9% in Total Assets compared to the prior fiscal year.
  • Adagene Inc. reported Cash and Equivalents of $85.19 million for fiscal year 2024.
  • Adagene Inc. showed a decrease of -22.5% in Cash and Equivalents compared to the prior fiscal year.
  • Adagene Inc. reported Long-Term Debt of $417.3 thousand for fiscal year 2024.
  • Adagene Inc. showed a decrease of -96.9% in Long-Term Debt compared to the prior fiscal year.
  • Adagene Inc. reported Stockholders Equity of $50.52 million for fiscal year 2024.
  • Adagene Inc. showed a decrease of -28.4% in Stockholders Equity compared to the prior fiscal year.
  • Adagene Inc. reported R&D Expense of $28.78 million for fiscal year 2024.
  • Adagene Inc. showed a decrease of -21.4% in R&D Expense compared to the prior fiscal year.
  • Adagene Inc. reported Operating Income of -$35.95 million for fiscal year 2024.
  • Adagene Inc. showed a decrease of -51.6% in Operating Income compared to the prior fiscal year.
  • Adagene Inc. reported Shares Outstanding of 58.89 million shares for fiscal year 2024.
  • Adagene Inc. showed an increase of +6.8% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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