Amphastar Pharmaceuticals, Inc.(AMPH)Stock Analysis
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Rank #1,185 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
AMPH Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Amphastar Pharmaceuticals, Inc. (AMPH), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores AMPH at 55.0/100 on a 32-signal composite quality model, placing it at rank #1,185 of 2,879 stocks — the top half of the AI-ranked universe. AMPH scores in the top quartile across free cash flow (77.0). Areas of concern include earnings quality (15.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 29.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Amphastar Pharmaceuticals, Inc. reports quarterly revenue of $171.2M, net income of $6.4M, free cash flow of $38.3M. Top institutional holders of AMPH by reported 13-F value include BlackRock,, DIMENSIONAL FUND ADVISORS, STATE STREET, based on the most recent SEC filings. AMPH trades on the Nasdaq exchange and files with the SEC under CIK 1297184. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AMPH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Amphastar Pharmaceuticals, Inc. directly from SEC EDGAR. Amphastar Pharmaceuticals, Inc.'s 13F Pro composite quality score has ranged between 8 and 81 since 2021, currently 55.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$171.2M
Net Income
Q1 2026
$6.4M
Free Cash Flow
Q1 2026
$38.3M
D/E Ratio
Q1 2026
0.79
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-1.7% YoYNet Income
-38.5% YoYOperating Income
-31.7% YoYEPS (Diluted)
-33.7% YoYTotal Assets
+3.3% YoYTotal Debt
+1.2% YoYOp. Cash Flow
-26.8% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $719.9M -1.7% | $732.0M +13.6% | $644.4M +29.1% | $499.0M +14.0% | $437.8M +25.1% | $349.8M |
| Net Income | $98.1M -38.5% | $159.5M +16.0% | $137.5M +50.5% | $91.4M +47.1% | $62.1M +4327.4% | $1.4M |
| Operating Income | $140.4M -31.7% | $205.4M +4.3% | $197.0M +83.2% | $107.5M +53.8% | $69.9M +538.0% | $11.0M |
| EPS (Diluted) | $2.03 -33.7% | $3.06 +17.7% | $2.60 +49.4% | $1.74 +39.2% | $1.25 +4066.7% | $0.03 |
| Total Assets | $1.63B +3.3% | $1.58B +4.3% | $1.51B +103.9% | $742.0M +10.5% | $671.5M +6.4% | $631.2M |
| Total Debt | $621.3M +1.2% | $613.8M +1.7% | $603.6M +657.5% | $79.7M -0.9% | $80.4M +38.2% | $58.2M |
| Operating Cash Flow | $156.1M -26.8% | $213.4M +16.3% | $183.5M +105.8% | $89.2M -9.0% | $98.0M +71.1% | $57.3M |
AI Insight: AMPH Financial Trends
Operating income collapsed to $14M in Q1 2026 — the lowest in the eight-quarter window — as net income fell 76% year-over-year from $25M to $6M.
• Operating income deteriorated sharply from $55M in Q2 2024 to $14M in Q1 2026, compressing implied op margin from ~30% to ~8%.
• Net income dropped from $38–40M range in Q2–Q3 2024 to just $6M in Q1 2026, a multi-quarter downtrend with no recovery.
• Revenue has oscillated between $171M and $192M across eight quarters, showing no meaningful growth trend.
• Total debt crept from $587M in Q2 2024 to $621M in Q4 2025, though Q1 2026 saw a slight reduction to $611M.
⚠ Operating CF of $48M in Q1 2026 meaningfully exceeds net income of $6M — monitor whether non-cash charges explain widening gap.
⚠ Operating income has fallen four consecutive quarters to $14M; any further compression risks inability to service $611M debt load.
⚠ Revenue held flat at $171M in Q1 2026 year-over-year — watch whether pricing pressure or volume loss is driving margin erosion.
AI Insight: AMPH Ratio Trends
AMPH's Q1 2026 operating margin collapsed to 8.0%, the lowest in the visible dataset, signaling a sharp and accelerating profitability deterioration.
• Operating margin fell from 30.3% in Q2 2024 to just 8.0% in Q1 2026 — a 22-percentage-point compression over seven quarters.
• ROIC dropped from a peak of 38.2% in Q3 2024 to 8.9% in Q1 2026, erasing more than three-quarters of capital return efficiency.
• Net profit margin fell to 3.8% in Q1 2026, down from 21.1% in Q3 2024, the steepest single-metric deterioration in the dataset.
• TTM figures (16.2% OpMargin, 19.1% ROIC) cushion the optics but still trail the Q2–Q3 2024 peak meaningfully.
⚠ Q1 2026 ROA of 1.6% is the lowest observed — monitor whether Q2 2026 shows stabilization or continued asset productivity erosion.
⚠ The partial Q4 2025 rebound (OpMargin 19.4%) reversed sharply in Q1 2026 — assess whether this reflects structural revenue loss or one-off cost items.
⚠ D/E data is absent throughout; leverage context is missing and critical given the magnitude of margin compression.
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13F Pro tracks comprehensive data for Amphastar Pharmaceuticals, Inc. including:
Top Institutional Holders of AMPH
BlackRock, Inc.
$106.2M5,421,343 shDIMENSIONAL FUND ADVISORS LP
$39.7M2,027,947 shSTATE STREET CORP
$31.5M1,607,515 shVANGUARD CAPITAL MANAGEMENT LLC
$30.2M1,543,655 shTD ASSET MANAGEMENT INC
$30.2M1,541,044 shFULLER & THALER ASSET MANAGEMENT, INC.
$27.3M1,395,139 shMARSHALL WACE, LLP
$20.1M1,025,640 shAMERICAN CENTURY COMPANIES INC
$19.9M1,017,538 shGEODE CAPITAL MANAGEMENT, LLC
$19.1M976,650 shBoston Trust Walden Corp
$18.5M944,789 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $106.2M | 5,421,343 |
| DIMENSIONAL FUND ADVISORS LP | $39.7M | 2,027,947 |
| STATE STREET CORP | $31.5M | 1,607,515 |
| VANGUARD CAPITAL MANAGEMENT LLC | $30.2M | 1,543,655 |
| TD ASSET MANAGEMENT INC | $30.2M | 1,541,044 |
| FULLER & THALER ASSET MANAGEMENT, INC. | $27.3M | 1,395,139 |
| MARSHALL WACE, LLP | $20.1M | 1,025,640 |
| AMERICAN CENTURY COMPANIES INC | $19.9M | 1,017,538 |
| GEODE CAPITAL MANAGEMENT, LLC | $19.1M | 976,650 |
| Boston Trust Walden Corp | $18.5M | 944,789 |
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Is AMPH a good stock to buy?
13F Pro's AI-powered analysis of Amphastar Pharmaceuticals, Inc. (AMPH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AMPH are available on the AMPH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own AMPH?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AMPH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Amphastar Pharmaceuticals, Inc.'s investment landscape.