The table below shows Adagene Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$7.67M
$103.20K
$18.11M
$9.29M
$10.18M
$700.91K
Cost of revenue
-
-
-
-
-
-
Gross profit
-
-
-
-
-
-
R&D
$22.03M
$28.78M
$36.64M
$81.34M
$68.10M
$33.54M
SG&A
$7.08M
ADAG annual revenue (10-K history)
Adagene Inc. reported annual revenue of $7.67M for fiscal year 2025. That is up 7332.8% from $103.20K in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $1.51M (FY 2018) to $7.67M. Figures come from the company's audited annual reports as filed with the SEC.