Siga Technologies Inc
SIGA Nasdaq Pharmaceutical Preparations Financials FY2016โFY2025
Last close ยท Oct 23, 2026
$3.12
1.0%
Revenue
Total sales reported in the income statement.
$94.6M
31.8%
vs prior year
Operating margin
Operating income as a share of revenue.
25.1%
25.4ย pts
Net income
Profit after all expenses, interest and tax.
$23.3M
60.7%
Free cash flow
Cash from operations minus capital spending.
โ
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
$224M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On โ$0.04 EPS (TTM)
What Siga Technologies Inc does
No business description yet.
- Legal name
- SIGA TECHNOLOGIES INC
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K ยท Mar 10, 2026
- Accession ยท CIK
- 0001437749-26-007557
0001010086
Revenue and margins
Siga Technologies Inc had $94.6M of revenue in fiscal 2025, down 31.8% on the year before.
FY16
Revenue $15.0M
FY17
Revenue $12.3M
FY18
Revenue $477M
FY19
Revenue $26.7M
FY20
Revenue $125M
FY21
Revenue $134M
FY22
Revenue $111M
FY23
Revenue $140M
FY24
Revenue $139M
FY25
Revenue $94.6M
Q3 '23
Revenue $9.2M
Q4 '23
Revenue $116M
Q1 '24
Revenue $25.4M
Q2 '24
Revenue $21.8M
Q3 '24
Revenue $10.0M
Q4 '24
Revenue $81.5M
Q1 '25
Revenue $7.0M
Q2 '25
Revenue $81.1M
Q3 '25
Revenue $2.6M
Q4 '25
Revenue $3.8M
Q1 '26
Revenue $6.2M
Q2 '26
Revenue $41.0M
FY16
Gross 100.0%
Operating โ206.9%
Net โ264.9%
FCF โ779.6%
FY17
Gross 100.0%
Operating โ153.6%
Net โ295.3%
FCF โ150.7%
FY18
Gross 80.0%
Operating 74.4%
Net 88.4%
FCF 14.4%
FY19
Gross 93.3%
Operating โ8.7%
Net โ27.1%
FCF โ68.2%
FY20
Gross 88.2%
Operating 67.6%
Net 45.1%
FCF โ
FY21
Gross 87.6%
Operating 66.7%
Net 52.0%
FCF โ
FY22
Gross 90.6%
Operating 38.5%
Net 30.6%
FCF โ
FY23
Gross 87.3%
Operating 59.8%
Net 48.6%
FCF โ
FY24
Gross 77.4%
Operating 50.4%
Net 42.7%
FCF โ
FY25
Gross 68.6%
Operating 25.1%
Net 24.6%
FCF โ
Gross
Operating
Net
FCF
Q3 '23
Gross 90.3%
Operating โ14.2%
Net โ4.3%
FCF โ
Q4 '23
Gross 87.3%
Operating 78.7%
Net 62.0%
FCF โ
Q1 '24
Gross 87.3%
Operating 44.3%
Net 40.4%
FCF โ
Q2 '24
Gross 43.6%
Operating 5.0%
Net 8.4%
FCF โ
Q3 '24
Gross 83.8%
Operating 5.4%
Net 13.4%
FCF โ
Q4 '24
Gross 82.7%
Operating 70.1%
Net 56.2%
FCF โ
Q1 '25
Gross 97.8%
Operating โ32.0%
Net โ5.8%
FCF โ
Q2 '25
Gross 68.5%
Operating 56.3%
Net 43.7%
FCF โ
Q3 '25
Gross 61.8%
Operating โ390.2%
Net โ243.0%
FCF โ
Q4 '25
Gross 21.2%
Operating โ250.4%
Net โ143.1%
FCF โ
Q1 '26
Gross 52.9%
Operating โ85.2%
Net โ55.3%
FCF โ
Q2 '26
Gross 57.2%
Operating 33.9%
Net 30.4%
FCF โ
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income โ$39.7M
FY17
Net income โ$36.2M
FY18
Net income $422M
FY19
Net income โ$7.2M
FY20
Net income $56.3M
FY21
Net income $69.5M
FY22
Net income $33.9M
FY23
Net income $68.1M
FY24
Net income $59.2M
FY25
Net income $23.3M
Q3 '23
Net income โ$0.4M
Q4 '23
Net income $72.3M
Q1 '24
Net income $10.3M
Q2 '24
Net income $1.8M
Q3 '24
Net income $1.3M
Q4 '24
Net income $45.8M
Q1 '25
Net income โ$0.4M
Q2 '25
Net income $35.5M
Q3 '25
Net income โ$6.4M
Q4 '25
Net income โ$5.4M
Q1 '26
Net income โ$3.5M
Q2 '26
Net income $12.5M
FY16
Diluted EPS โ$0.69
FY17
Diluted EPS โ$0.46
FY18
Diluted EPS $5.18
FY19
Diluted EPS โ$0.15
FY20
Diluted EPS $0.71
FY21
Diluted EPS $0.91
FY22
Diluted EPS $0.46
FY23
Diluted EPS $0.95
FY24
Diluted EPS $0.82
FY25
Diluted EPS $0.32
Q3 '23
Diluted EPS โ$0.01
Q4 '23
Diluted EPS $1.01
Q1 '24
Diluted EPS $0.14
Q2 '24
Diluted EPS $0.03
Q3 '24
Diluted EPS $0.02
Q4 '24
Diluted EPS $0.63
Q1 '25
Diluted EPS โ$0.01
Q2 '25
Diluted EPS $0.49
Q3 '25
Diluted EPS โ$0.09
Q4 '25
Diluted EPS โ$0.07
Q1 '26
Diluted EPS โ$0.05
Q2 '26
Diluted EPS $0.17
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital โ
Return on equity โ
Return on assets โ24.7%
FY17
Return on capital โ
Return on equity โ
Return on assets โ23.7%
FY18
Return on capital 456.4%
Return on equity โ
Return on assets 242.3%
FY19
Return on capital โ1.6%
Return on equity โ7.2%
Return on assets โ3.6%
FY20
Return on capital 544.1%
Return on equity 49.5%
Return on assets 32.3%
FY21
Return on capital โ
Return on equity 45.7%
Return on assets 38.1%
FY22
Return on capital โ
Return on equity 19.7%
Return on assets 16.5%
FY23
Return on capital โ
Return on equity 37.1%
Return on assets 30.3%
FY24
Return on capital โ
Return on equity 28.7%
Return on assets 23.7%
FY25
Return on capital โ
Return on equity 11.2%
Return on assets 10.0%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
FY16
Free cash flow โ$117M
FY17
Free cash flow โ$18.5M
FY18
Free cash flow $68.8M
FY19
Free cash flow โ$18.2M
FY20
Free cash flow โ
FY21
Free cash flow โ
FY22
Free cash flow โ
FY23
Free cash flow โ
FY24
Free cash flow โ
FY25
Free cash flow โ
FY16
Cash from operations โ$117M
Capital spending $0.0M
FY17
Cash from operations โ$18.4M
Capital spending $0.1M
FY18
Cash from operations $68.9M
Capital spending $0.1M
FY19
Cash from operations โ$18.2M
Capital spending $0.0M
FY20
Cash from operations $71.5M
Capital spending โ
FY21
Cash from operations $11.5M
Capital spending โ
FY22
Cash from operations $41.6M
Capital spending โ
FY23
Cash from operations $94.8M
Capital spending โ
FY24
Cash from operations $48.8M
Capital spending โ
FY25
Cash from operations $43.5M
Capital spending โ
Cash from operations
Capital spending
Q3 '23
Cash from operations โ$5.1M
Capital spending โ
Q4 '23
Cash from operations $79.0M
Capital spending โ
Q1 '24
Cash from operations โ$6.1M
Capital spending โ
Q2 '24
Cash from operations $6.0M
Capital spending โ
Q3 '24
Cash from operations โ$7.4M
Capital spending โ
Q4 '24
Cash from operations $56.3M
Capital spending โ
Q1 '25
Cash from operations $7.1M
Capital spending โ
Q2 '25
Cash from operations $63.1M
Capital spending โ
Q3 '25
Cash from operations โ$9.8M
Capital spending โ
Q4 '25
Cash from operations โ$16.9M
Capital spending โ
Q1 '26
Cash from operations โ$8.7M
Capital spending โ
Q2 '26
Cash from operations $15.2M
Capital spending โ
Cash from operations
Capital spending
Dividends, buybacks and share count
Siga Technologies Inc returned $43.1M to shareholders in fiscal 2025. The diluted share count fell 0.1%.
FY16
Dividends โ
Buybacks $0.0M
FY17
Dividends โ
Buybacks $0.1M
FY18
Dividends โ
Buybacks $0.0M
FY19
Dividends โ
Buybacks $0.0M
FY20
Dividends $0.0M
Buybacks $28.5M
FY21
Dividends $0.0M
Buybacks $26.0M
FY22
Dividends $32.9M
Buybacks $13.0M
FY23
Dividends $32.1M
Buybacks $11.1M
FY24
Dividends $42.7M
Buybacks $0.0M
FY25
Dividends $43.1M
Buybacks $0.0M
Dividends
Buybacks
Q3 '23
Dividends $0.0M
Buybacks $0.0M
Q4 '23
Dividends $0.0M
Buybacks $0.0M
Q1 '24
Dividends โ
Buybacks $0.0M
Q2 '24
Dividends โ
Buybacks $0.0M
Q3 '24
Dividends โ$0.0M
Buybacks $0.0M
Q4 '24
Dividends $0.0M
Buybacks $0.0M
Q1 '25
Dividends $0.0M
Buybacks โ
Q2 '25
Dividends $42.9M
Buybacks โ
Q3 '25
Dividends $0.2M
Buybacks โ
Q4 '25
Dividends $0.1M
Buybacks โ
Q1 '26
Dividends $0.2M
Buybacks โ
Q2 '26
Dividends $43.1M
Buybacks โ
Dividends
Buybacks
FY16
Diluted shares 0.06B
FY17
Diluted shares 0.08B
FY18
Diluted shares 0.08B
FY19
Diluted shares 0.08B
FY20
Diluted shares 0.08B
FY21
Diluted shares 0.08B
FY22
Diluted shares 0.07B
FY23
Diluted shares 0.07B
FY24
Diluted shares 0.07B
FY25
Diluted shares 0.07B
Balance sheet
Cash, debt and the ratios that show how comfortably Siga Technologies Inc can carry it.
FY16
Cash $28.7M
Debt $66.6M
FY17
Cash $19.9M
Debt $71.1M
FY18
Cash $101M
Debt $75.5M
FY19
Cash $65.2M
Debt $80.0M
FY20
Cash $118M
Debt $0.0M
FY21
Cash $103M
Debt โ
FY22
Cash $98.8M
Debt โ
FY23
Cash $150M
Debt โ
FY24
Cash $155M
Debt โ
FY25
Cash $155M
Debt โ
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $103M | $98.8M | $150M | $155M | $155M |
| Current ratio | 6.8x | 8.6x | 4.4x | 9.1x | 11.8x |
| Quick ratio | 6.2x | 6.8x | 3.2x | 7.2x | 9.1x |
| Total assets | $215M | $195M | $254M | $244M | $219M |
| Total liabilities | $40.4M | $24.9M | $57.5M | $28.5M | $20.6M |
| Shareholders' equity | $174M | $170M | $197M | $216M | $199M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 1 / 9 | 6 / 9 | 2 / 9 | 8 / 9 | 3 / 8 | 6 / 8 | 5 / 8 | 4 / 8 | 5 / 8 |
| Accruals ratio | 47.9% | โ11.7% | 202.8% | 5.5% | โ8.7% | 31.8% | โ3.8% | โ11.9% | 4.2% | โ8.7% |
| Altman Z'' | โ9.59 | โ12.32 | 14.49 | 1.84 | 14.35 | 11.98 | 13.11 | 10.07 | 15.08 | 16.02 |
10 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $15.0M | $12.3M | $477M | $26.7M | $125M | $134M | $111M | $140M | $139M | $94.6M |
| Gross profit | $15.0M | $12.3M | $382M | $25.0M | $110M | $117M | $100M | $122M | $107M | $64.9M |
| Research and development | $19.7M | $16.7M | $13.0M | $13.3M | $10.9M | $9.9M | $22.5M | $16.4M | $12.3M | $20.0M |
| Operating income | โ$31.0M | โ$18.8M | $355M | โ$2.3M | $84.5M | $89.1M | $42.7M | $83.6M | $70.0M | $23.7M |
| Interest expense | $2.4M | $14.8M | $15.5M | $15.8M | $3.0M | $0.0M | $0.0M | โ | โ | โ |
| Pretax income | โ$39.7M | โ$38.3M | $412M | โ$10.2M | $73.5M | $89.3M | $44.1M | $87.8M | $76.1M | $30.4M |
| Income tax | $0.0M | โ$2.1M | โ$10.2M | โ$2.9M | $17.2M | $19.9M | $10.2M | $19.7M | $16.9M | $7.1M |
| Net income | โ$39.7M | โ$36.2M | $422M | โ$7.2M | $56.3M | $69.5M | $33.9M | $68.1M | $59.2M | $23.3M |
| Diluted EPS | โ$0.69 | โ$0.46 | $5.18 | โ$0.15 | $0.71 | $0.91 | $0.46 | $0.95 | $0.82 | $0.32 |
| Diluted shares | 0.06B | 0.08B | 0.08B | 0.08B | 0.08B | 0.08B | 0.07B | 0.07B | 0.07B | 0.07B |
| Cash flow | ||||||||||
| Cash from operations | โ$117M | โ$18.4M | $68.9M | โ$18.2M | $71.5M | $11.5M | $41.6M | $94.8M | $48.8M | $43.5M |
| Capital expenditure | $0.0M | $0.1M | $0.1M | $0.0M | โ | โ | โ | โ | โ | โ |
| Free cash flow | โ$117M | โ$18.5M | $68.8M | โ$18.2M | โ | โ | โ | โ | โ | โ |
| Depreciation and amortization | $0.2M | $0.1M | $0.1M | $0.5M | $0.5M | $0.5M | $0.5M | $0.5M | $0.5M | $0.6M |
| Stock-based compensation | $0.8M | $1.1M | $2.3M | $2.1M | $1.4M | $1.3M | $1.8M | $2.1M | $3.6M | $3.7M |
| Share buybacks | $0.0M | $0.1M | $0.0M | $0.0M | $28.5M | $26.0M | $13.0M | $11.1M | $0.0M | $0.0M |
| Dividends paid | โ | โ | โ | โ | $0.0M | $0.0M | $32.9M | $32.1M | $42.7M | $43.1M |
| Dividends and buybacks | $0.0M | $0.1M | $0.0M | $0.0M | $28.5M | $26.0M | $45.9M | $43.2M | $42.7M | $43.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $28.7M | $19.9M | $101M | $65.2M | $118M | $103M | $98.8M | $150M | $155M | $155M |
| Total debt | $66.6M | $71.1M | $75.5M | $80.0M | $0.0M | โ | โ | โ | โ | โ |
| Current assets | $69.2M | $37.4M | $121M | $180M | $144M | $209M | $186M | $239M | $231M | $213M |
| Current liabilities | $7.1M | $6.8M | $11.3M | $91.7M | $10.5M | $30.5M | $21.5M | $54.1M | $25.3M | $18.0M |
| Inventory | $26.2M | $3.0M | $2.9M | $9.7M | $20.3M | $19.5M | $39.3M | $64.2M | $49.6M | $49.1M |
| Property and equipment, net | $0.3M | $0.1M | $0.2M | $2.6M | $2.1M | $2.4M | $1.8M | $1.3M | $1.3M | $1.1M |
| Goodwill | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M |
| Total assets | $161M | $145M | $203M | $199M | $150M | $215M | $195M | $254M | $244M | $219M |
| Total liabilities | $448M | $468M | $101M | $101M | $20.0M | $40.4M | $24.9M | $57.5M | $28.5M | $20.6M |
| Shareholders' equity | โ$287M | โ$323M | $103M | $97.8M | $130M | $174M | $170M | $197M | $216M | $199M |
| Margins | ||||||||||
| Gross margin | 100.0% | 100.0% | 80.0% | 93.3% | 88.2% | 87.6% | 90.6% | 87.3% | 77.4% | 68.6% |
| Operating margin | โ206.9% | โ153.6% | 74.4% | โ8.7% | 67.6% | 66.7% | 38.5% | 59.8% | 50.4% | 25.1% |
| EBITDA margin | โ205.8% | โ152.6% | 74.5% | โ6.7% | 68.0% | 67.0% | 39.0% | 60.1% | 50.8% | 25.7% |
| Net margin | โ264.9% | โ295.3% | 88.4% | โ27.1% | 45.1% | 52.0% | 30.6% | 48.6% | 42.7% | 24.6% |
| FCF margin | โ779.6% | โ150.7% | 14.4% | โ68.2% | โ | โ | โ | โ | โ | โ |
| Returns | ||||||||||
| Return on capital | โ | โ | 456.4% | โ1.6% | 544.1% | โ | โ | โ | โ | โ |
| Return on capital employed | โ20.2% | โ13.7% | 184.8% | โ2.2% | 60.6% | 48.4% | 24.6% | 41.8% | 32.0% | 11.8% |
| Return on equity | โ | โ | โ | โ7.2% | 49.5% | 45.7% | 19.7% | 37.1% | 28.7% | 11.2% |
| Return on assets | โ24.7% | โ23.7% | 242.3% | โ3.6% | 32.3% | 38.1% | 16.5% | 30.3% | 23.7% | 10.0% |
| Return on tangible equity | โ | โ | 413.5% | โ7.5% | 43.7% | 40.0% | 20.0% | 34.7% | 27.6% | 11.8% |
| Growth | ||||||||||
| Revenue growth | โ | โ18.1% | 3,788.3% | โ94.4% | 367.3% | 7.0% | โ17.1% | 26.3% | โ0.9% | โ31.8% |
| Net income growth | โ | โ | โ | โ101.7% | โ | 23.3% | โ51.2% | 100.8% | โ13.0% | โ60.7% |
| EPS growth | โ | โ | โ | โ102.9% | โ | 28.2% | โ49.5% | 106.5% | โ13.7% | โ61.0% |
| FCF growth | โ | โ | โ | โ126.5% | โ | โ | โ | โ | โ | โ |
| Share count change | โ | 37.9% | 4.9% | โ0.6% | โ3.3% | โ3.8% | โ3.7% | โ2.5% | 0.3% | โ0.1% |
| Financial health | ||||||||||
| Net debt / EBITDA | โ | โ | โ0.1x | โ | โ1.4x | โ | โ | โ | โ | โ |
| Debt / equity | โ | โ | 0.7x | 0.8x | 0.0x | โ | โ | โ | โ | โ |
| Interest coverage | โ12.9x | โ1.3x | 22.9x | โ0.1x | 28.0x | โ | โ | โ | โ | โ |
| Current ratio | 9.7x | 5.5x | 10.7x | 2.0x | 13.7x | 6.8x | 8.6x | 4.4x | 9.1x | 11.8x |
| Quick ratio | 6.0x | 5.0x | 10.4x | 1.9x | 11.8x | 6.2x | 6.8x | 3.2x | 7.2x | 9.1x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.2% | 0.8% | 0.0% | 0.1% | โ | โ | โ | โ | โ | โ |
| Stock comp / revenue | 5.2% | 9.0% | 0.5% | 7.9% | 1.1% | 0.9% | 1.6% | 1.5% | 2.6% | 3.9% |
| Payouts / FCF | โ | โ | 0.0% | โ | โ | โ | โ | โ | โ | โ |
| Quality scores | ||||||||||
| Piotroski F-score | โ | 1.0 | 6.0 | 2.0 | 8.0 | 3.0 | 6.0 | 5.0 | 4.0 | 5.0 |
| Altman Z'' | โ9.6 | โ12.3 | 14.5 | 1.8 | 14.3 | 12.0 | 13.1 | 10.1 | 15.1 | 16.0 |
| Accruals ratio | 47.9% | โ11.7% | 202.8% | 5.5% | โ8.7% | 31.8% | โ3.8% | โ11.9% | 4.2% | โ8.7% |
Source: SEC EDGAR XBRL filings (CIK 0001010086). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.