INDVIndivior Plc
Earnings Recap
• Reported GAAP EPS of $3.55 up 86.84% YoY • Reported revenue of $317M up 19.17% YoY • Indivior raised its full-year 2026 financial guidance, now expecting 2026 total SUBLOCADE net revenue growth of 13% year-over-year and adjusted EBITDA growth of 50% year-over-year at the midpoint of its ranges.
Bullish
Indivior achieved strong Q1 2026 SUBLOCADE revenue growth of 32% and record Adjusted EBITDA of $164 million, up 112% year-over-year. Indivior also strengthened its financial position by repaying debt with new convertible notes.
Bearish
Indivior discontinued development for INDV-6001 and INDV-2000, indicating pipeline setbacks. The company's cash and cash equivalents also decreased to $175 million from $195 million, reflecting reduced liquidity.