Palatin Technologies, Inc. (PTN) Income Statement
PTN FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsPTN revenue and net income
Where PTN's revenue goes
FY2026Each bar shows an amount and its share of revenue. PTN kept −63.5% of revenue as net income.
PTN profit margins
PTN growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | +39.5% | — | — |
| Gross profit | — | +43.6% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PTN quarterly EPS vs estimates
Palatin Technologies beat the analyst EPS estimate in 5 of the last 7 quarters. Next report: November 13, 2026.
PTN income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.2M | $0 | $4.5M | $4.9M | $1.5M | $0 | $117,989 | $60.3M | $67.1M | $44.7M |
| Cost of revenue | $62,679 | $258,917 | $97,637 | $418,470 | $217,529 | $147,840 | $14.0M | $14.9M | $32.6M | $45.7M |
| Gross profit | $13.1M | −$258,917 | $4.4M | $4.4M | $1.3M | −$336,437 | $117,989 | $45.4M | $34.6M | $44.7M |
| Research & development | $12.4M | $14.9M | $22.4M | $22.6M | $21.3M | $12.9M | $14.0M | $14.9M | $32.6M | $45.7M |
| Sales, general & admin | $9.5M | $7.8M | $12.3M | $15.3M | $16.5M | $17.3M | $9.8M | $9.7M | $8.6M | $9.6M |
| Total operating expenses | $21.9M | $17.5M | $26.9M | $37.9M | $37.8M | $33.0M | $23.7M | $24.6M | $41.2M | $55.3M |
| Operating income | −$8.7M | −$17.5M | −$22.5M | −$32.5M | −$36.6M | −$33.4M | −$23.6M | $35.7M | $25.9M | −$10.6M |
| Interest income | — | $152,590 | $419,490 | $242,000 | $390,150 | $212,390 | $1.2M | $28,710 | $1.1M | $2.3M |
| Interest expense | $6,726 | $15,025 | $17,114 | $20,013 | $29,682 | $23,440 | $20,141 | $417,561 | $1.5M | $2.3M |
| Income before taxes | −$8.4M | −$17.3M | −$29.7M | −$32.2M | −$36.2M | −$33.6M | −$22.4M | $35.8M | $24.8M | −$12.8M |
| Income taxes | — | — | −$7.8M | −$4.7M | −$390,149 | −$27,681 | −$44,062 | −$446,268 | $82,500 | $500,000 |
| Net income | −$8.4M | −$17.3M | −$29.7M | −$27.5M | −$35.8M | −$33.6M | −$22.4M | $35.8M | $24.7M | −$13.3M |
| EBITDA | −$8.6M | −$17.0M | −$29.4M | −$32.2M | −$36.5M | −$33.5M | −$23.5M | $35.8M | $26.0M | −$10.5M |
| EPS (diluted) | −$35.50 | −$15.76 | −$79.00 | −$83.11 | −$89.59 | −$175.00 | −$51.25 | $187.50 | $79.63 | −$198.00 |
| Gross margin | 99.5% | — | 97.8% | 91.4% | 85.2% | — | 100.0% | 75.4% | 51.5% | 100.0% |
| Operating margin | −65.7% | — | −501.0% | −668.7% | −2,491.6% | — | −20,007.6% | 59.3% | 38.6% | −23.6% |
| Net margin | −63.5% | — | −662.3% | −567.4% | −2,438.5% | — | −18,969.5% | 59.3% | 36.8% | −29.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $300,770 | $3.9M | $116,036 | $8.8M | $0 | $0 | $0 | $0 | $350,000 | $0 | $2.0M | $2.1M |
| Cost of revenue | $16,952 | $16,952 | $14,388 | $0 | $52,993 | $3.8M | $3.4M | $169,988 | $169,908 | $171,789 | $267,875 | $175,920 |
| Gross profit | $283,818 | $3.9M | $101,648 | $8.8M | −$52,993 | −$3.8M | −$3.4M | −$169,988 | $180,092 | −$171,789 | $1.8M | $1.9M |
| Research & development | $2.0M | $3.5M | $4.3M | $2.5M | $2.0M | $3.8M | $3.4M | $5.7M | $4.7M | $7.2M | $5.6M | $5.0M |
| Sales, general & admin | $2.7M | $2.0M | $3.1M | $1.7M | $2.6M | $1.5M | $1.7M | $2.0M | $4.0M | $2.0M | $3.0M | $3.2M |
| Total operating expenses | $4.7M | $5.5M | $7.4M | $4.2M | $2.3M | $1.1M | −$818,156 | $7.8M | $8.5M | $9.0M | $8.4M | $8.0M |
| Operating income | −$4.4M | −$1.6M | −$7.3M | $4.7M | −$2.3M | −$4.8M | −$2.6M | −$7.8M | −$8.3M | −$9.2M | −$6.7M | −$6.1M |
| Interest income | — | — | $64,690 | $16,480 | $40,950 | $1,750 | — | — | — | — | — | — |
| Interest expense | $2,958 | $1,268 | $498 | $2,002 | $3,487 | $1,795 | $3,803 | $5,940 | $3,373 | $1,254 | $1,605 | $10,882 |
| Income before taxes | −$4.4M | −$1.4M | −$7.3M | $4.7M | −$2.2M | −$4.8M | −$2.4M | −$7.8M | −$8.3M | −$8.4M | −$7.8M | −$5.2M |
| Income taxes | — | — | — | — | — | — | — | — | $78,574 | $1 | $2 | $10,882 |
| Net income | −$4.4M | −$1.4M | −$7.3M | $4.7M | −$2.2M | −$4.8M | −$2.4M | −$7.8M | −$8.3M | −$8.4M | −$7.8M | −$5.2M |
| EBITDA | −$4.4M | −$1.4M | −$7.2M | $4.7M | −$2.2M | −$4.8M | −$2.4M | −$7.7M | −$8.2M | −$8.3M | −$7.8M | −$5.1M |
| EPS (diluted) | −$1.11 | −$0.37 | −$2.86 | $4.26 | — | −$9.92 | −$6.00 | −$19.50 | −$0.50 | −$26.50 | −$28.00 | −$24.00 |
| Gross margin | 94.4% | 99.6% | 87.6% | 100.0% | — | — | — | — | 51.5% | — | 86.8% | 91.6% |
| Operating margin | −1,469.5% | −40.3% | −6,315.8% | 52.7% | — | — | — | — | −2,378.8% | — | −326.9% | −290.1% |
| Net margin | −1,449.1% | −36.5% | −6,260.0% | 52.9% | — | — | — | — | −2,357.3% | — | −385.6% | −247.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PTN's financial statements (latest annual report filed September 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PTN financial results
In fiscal year 2026 (ended June 30, 2026), Palatin Technologies reported revenue of $13.2 million. It had a net loss of $8.4 million, a net profit margin of −63.5%. Diluted earnings per share came to −$35.50.
See the PTN stock overview for the latest quote and news, or the PTN chart for price history and technical indicators.
PTN income statement FAQ
What is Palatin Technologies's annual revenue?
Palatin Technologies reported total revenue of $13.2 million for fiscal year 2026, which ended on June 30, 2026.
Is Palatin Technologies profitable?
No. Palatin Technologies reported a net loss of $8.4 million in fiscal 2026, a net profit margin of −63.5%; its operating margin was −65.7%.
What is Palatin Technologies's gross margin?
Palatin Technologies's gross margin was 99.5% in fiscal 2026: for every $100 of revenue, Palatin Technologies kept $100 after the direct cost of its products and services.
How much does Palatin Technologies spend on research and development?
Palatin Technologies spent $12.4 million on research and development in fiscal 2026, 93.8% of revenue.
What are Palatin Technologies's earnings per share?
Palatin Technologies earned $-35.50 per diluted share in fiscal 2026, compared with $-15.76 a year earlier.
When will Palatin Technologies report its next earnings?
Palatin Technologies is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Palatin Technologies's fiscal year end?
Palatin Technologies's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 28, 2026.