AMRN on Nasdaq

Amarin Corporation

Logo: Amarin Corporation, Public domain, via Wikimedia Commons4

Pharmaceutical company

Amarin Corporation is an Irish-American biopharmaceutical company founded in 1993 and headquartered in Dublin, Ireland and Bridgewater, New Jersey. The company develops and markets medicines for the treatment of cardiovascular disease.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$213.6MRevenue, fiscal 20255
-$38.8MNet income, fiscal 20255
1993Founded1

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  • TickerAMRN on Nasdaq1
  • Industrypharmaceutical industry1
  • HeadquartersBedminster1
  • Websitewww.amarincorp.com
  • Incorporated inUnited Kingdom6
  • Business addressSpaces South Docklands, Block C, 77 Sir John Rogerson'S Quay, Dublin 26
  • Filer categoryAccelerated filer6

Amarin Corporation is an Irish-American biopharmaceutical company founded in 1993 and headquartered in Dublin, Ireland and Bridgewater, New Jersey. The company develops and markets medicines for the treatment of cardiovascular disease. It has developed the drug Vascepa (AMR-101), a prescription grade omega-3 fatty acid.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

56.6%Gross margin5
-23.5%Operating margin5
-18.2%Net margin5
-6.5%Revenue growth, 20255
-8.4%Return on equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 86% of the revenue Amarin Corporation broke down this way in fiscal 2025.

  1. Product$182.8M586%down 11% from 2024
  2. Licensing And Royalty$30.9M514%up 29% from 2024
Products and services by year
Products and services202320242025
Product$285.3M$204.6M$182.8M
Licensing And Royalty$21.6M$24.0M$30.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development9¢$19.8M
  • Selling, general and admin54¢$115.0M
  • Other costs36¢$76.1M
  • Interest0¢$7.0K
  • Income tax1¢$2.8M

Out of $213.6M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$6.7M

Out of $6.7M of cash from operations.5

Financial statements

Revenue891011125$213.6M in 2025−7% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $229.2M$229.2M20182019: $429.8M$429.8M2019+87%2020: $614.1M$614.1M2020+43%2021: $583.2M$583.2M2021−5%2022: $369.2M$369.2M2022−37%2023: $306.9M$306.9M2023−17%2024: $228.6M$228.6M2024−26%2025: $213.6M$213.6M2025−7%
Gross profit891011125$120.9M in 2025−31% since 2018
0$200.0M$400.0M$600.0M2018: $174.7M$174.7M20182019: $333.7M$333.7M2019+91%2020: $482.6M$482.6M2020+45%2021: $461.9M$461.9M2021−4%2022: $242.5M$242.5M2022−47%2023: $165.5M$165.5M2023−32%2024: $81.4M$81.4M2024−51%2025: $120.9M$120.9M2025+49%
Operating income891011125-$50.2M in 2025−54% since 2018
-$150.0M-$100.0M-$50.0M0$50.0M2018: -$108.2M-$108.2M20182019: -$24.3M-$24.3M2019−78%2020: -$19.7M-$19.7M2020−19%2021: $10.5M$10.5M20212022: -$105.9M-$105.9M20222023: -$67.6M-$67.6M2023−36%2024: -$91.8M-$91.8M2024+36%2025: -$50.2M-$50.2M2025−45%
Net income891011125-$38.8M in 2025−67% since 2018
-$150.0M-$100.0M-$50.0M0$50.0M2018: -$116.4M-$116.4M20182019: -$22.6M-$22.6M2019−81%2020: -$18.0M-$18.0M2020−21%2021: $7.7M$7.7M20212022: -$105.8M-$105.8M20222023: -$59.1M-$59.1M2023−44%2024: -$82.2M-$82.2M2024+39%2025: -$38.8M-$38.8M2025−53%

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Total revenue, net$213.6M$228.6M$306.9M
Less: Cost of goods sold$92.8M$110.8M$102.1M
Less: Cost of goods sold - restructuring inventory$0$36.5M$39.2M
Gross margin$120.9M$81.4M$165.5M
Selling, general and administrative$115.0M$152.3M$199.9M
Research and development$19.8M$20.9M$22.2M
Restructuring$36.2M$0$11.0M
Total operating expenses$171.0M$173.2M$233.1M
Operating loss-$50.2M-$91.8M-$67.6M
Interest income$10.9M$13.4M$11.9M
Interest expense-$7.0K-$7.0K-$8.0K
Other income, net$3.3M$1.2M$2.1M
Loss from operations before taxes-$36.0M-$77.2M-$53.7M
Provision for income taxes-$2.8M-$5.0M-$5.4M
Net loss-$38.8M-$82.2M-$59.1M
Basic-$0.09-$0.20-$0.15
Diluted-$0.09-$0.20-$0.15
Basic415.0M shares410.9M shares407.7M shares
Diluted415.0M shares410.9M shares407.7M shares

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The story

Amarin Corporation plc (formerly Ethical Holdings plc) was originally incorporated in England as a private limited company on March 1, 1989, and later re-registered as a public company on March 19, 1993. In 2002, the company suffered losses worth $37 million; 2003 losses exceeded $19 million. As of 2005, it was developing neurology drugs. It developed Miraxion to treat serious hereditary neurodegenerative disease.

In December 2007, Amarin acquired Ester Neurosciences Limited for US$8.1 million. In 2011, CEO Joe Zakrzewski said that the company would like to first work on building its infrastructure out to commercialize the drug in the United States.

From Wikipedia’s article on Amarin Corporation, shared under CC BY-SA 4.0.7

Products and brands

Vascepa (USA) / Vazkepa (EU)

Amarin´s sole product VASCEPA® came on the market in 2013 for triglyceride levels >=500 milligrams per deciliter. In December 2019, the FDA approved "...the use of Vascepa (icosapent ethyl) as an adjunctive (secondary) therapy to reduce the risk of cardiovascular events among adults with elevated triglyceride levels (a type of fat in the blood) of 150 milligrams per deciliter or higher. Patients must also have either established cardiovascular disease or diabetes and two or more additional risk factors for cardiovascular disease....Vascepa is the first FDA approved drug to reduce cardiovascular risk among patients with elevated triglyceride levels as an add-on to maximally tolerated statin therapy.

Furthermore, VASCEPA® is in use in clinical trials by 3rd parties to see, if it has an effect on Alzheimer, Colon Cancer, Nonalcoholic Steatohepatitis (NASH), and other diseases.

HLS Therapeutics, Amarin´s license partner in Canada, presented results of their COVID-19 clinical trial for Vascepa at National Lipid Association Scientific Sessions 2020, December 12. The results demonstrated a 25% reduction of hs-CRP, a biomarker for inflammation. Most people with COVID-19 die, because of a cytokine storm, which causes an uncontrolled and excessive release of pro-inflammatory signaling molecules called cytokines. Two more COVID-19 studies are actually running with Vascepa to validate and proof further benefits.

On January 28, the Committee for Medicinal Products for Human Use gave a positive recommendation for Vazcepa (its name in the EU), which the European Commission finally approved on March 30.

Read the full text

Patent disputes

On March 30, 2020, the designated patent judge in the U.S. District Court for the District of Nevada, Miranda Du, ruled for generic-drug makers Hikma Pharmaceuticals and Dr. Reddy's Laboratories in a lawsuit with Amarin over patents on Amarin's drug, Vascepa. Soon after, on April 2, 2020, Amarin filed an appeal of the ruling. The appeal was lost and an en-banc was also not granted, afterwards. On November 30, three weeks after Hikma Pharmaceuticals started the distribution of their generic version of Vascepa, Amarin filed a complaint of patent infringement against Hikma. On February 11, 2021, Amarin filed a petition for certiorari with the US Supreme Court. On June 21, 2021, the petition was denied.

From Wikipedia’s article on Amarin Corporation, shared under CC BY-SA 4.0.7

Former names

  • AMARIN CORP PLC\UKDec 17, 2001 to Aug 27, 20266
  • AMARIN PHARMACEUTICALS PLCJul 13, 2000 to Jul 13, 20006
  • ETHICAL HOLDINGS PLCOct 21, 1998 to Jan 28, 19986

Timeline

  1. Apr 5, 1993Went public Listed on NASDAQ1
  2. 1993Founded Founded1

Recent filings

  1. Aug 27, 2026SCHEDULE 13D/A
  2. Aug 3, 20264
  3. Jul 29, 20268-K
  4. Jul 29, 202610-Q
  5. Jul 15, 20264
  6. Jul 15, 20264
  7. Jul 15, 20264
  8. Jul 15, 20264
  9. Jun 30, 20264
  10. May 15, 20268-K
  11. Apr 29, 20268-K
  12. Apr 29, 202610-Q
  13. Apr 22, 20264
  14. Apr 21, 20264
  15. Apr 21, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2