Adagio Medical Holdings, Inc. (NASDAQ:ADGM)
No insider has filed an open-market purchase or sale here in the last 90 days, so there is nothing to score yet.
No revenue reported, so there is no margin to score.
- Revenue
- $0
- Net income
- -$27.1M
- Net margin
- —
Not enough balance-sheet detail to judge the debt load.
- Total debt
- $26.0M
- Cash
- $7.7M
Covers near-term obligations, without much room.
- Current assets
- $10.7M
- Current liabilities
- $7.6M
- Current ratio
- 1.41
Consumes cash and must keep raising it.
- Operating cash flow
- -$16.5M
- Free cash flow
- -$16.2M
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 22.2M
- Share growth (1y)
- 44.4%
- Cash runway
- 6 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
ADGM Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Growth (YoY) | — | — | -100.00 % | -100.00 % | -100.00 % | -100.00 % |
| Cost of Revenue | 0.00 | 0.00 | 58.00 K | 31.00 K | 342.00 K | 253.00 K |
| Gross Profit | 0.00 | 0.00 | -58.00 K | -31.00 K | -342.00 K | -253.00 K |
| SG&A Expense | 2.48 M | 2.46 M | 1.68 M | 2.92 M | 2.40 M | 3.48 M |
| R&D Expense | 2.45 M | 2.74 M | 2.23 M | 2.77 M | 1.97 M | 3.66 M |
| Operating Expenses | 4.93 M | 5.20 M | 3.91 M | 5.69 M | 4.38 M | 7.14 M |
| Operating Income | -4.93 M | -5.20 M | -3.97 M | -5.72 M | -4.72 M | -7.40 M |
| Pretax Income | -6.72 M | -7.00 M | -3.31 M | -10.12 M | -3.95 M | -7.71 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -6.72 M | -7.00 M | -3.31 M | -10.12 M | -3.95 M | -7.71 M |
| EPS (Basic) | -0.30 | -0.31 | -0.16 | -0.66 | -0.26 | -0.50 |
| EPS (Diluted) | -0.30 | -0.31 | -0.16 | -0.66 | -0.35 | -0.50 |
| Shares Outstanding | 22.21 M | 22.21 M | 20.14 M | 15.38 M | 15.38 M | 15.38 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.