HUTCHMED (ADR)
Develops targeted therapies and immunotherapies, commercializing medicines in China and through global partners.
Something off on this page? Send us feedback.
Profile
Develops targeted therapies and immunotherapies for cancer and immunological diseases. It markets three internally developed medicines in China and uses partnerships to commercialize fruquintinib outside China.
Develops, manufactures, and markets targeted therapies and immunotherapies for cancer and immunological diseases. Its Oncology/Immunology business spans discovery through commercialization, while Other Ventures retains China prescription-drug and healthcare distribution activities.
In China, the internally developed medicines are Orpathys, Elunate, and Sulanda. Fruquintinib is marketed as Fruzaqla outside China through Takeda, while savolitinib is partnered with AstraZeneca.
The operating model combines in-house discovery and China commercialization with selected partners in markets outside China. Founded by a CK Hutchison subsidiary, it remains closely connected today to CK Hutchison through its largest shareholder.
Company facts
Key statistics
Year to date −9.4% · Average volume (30d) 58.2K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 23, 2026 | Goldman Sachs | Reiterate | Neutral | $14 | ||
| May 28, 2026 | Morgan Stanley | Target | $17.50 | $13.60 | ||
| Sep 22, 2025 | Morgan Stanley | Downgrade | Equal Weight | Underweight |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $0.15 | $0.05 | −68.3% | $304.2M | $278.3M | −8.5% | −5.44% |
| Mar 5, 2026Q4 FY25 | $2.50 | — | — | $290.5M | $271.0M | −6.7% | 0.00% |
| Aug 7, 2025Q2 FY25 | $1.46 | $1.30 | −11.0% | $330.4M | $138.8M | −58.0% | −8.03% |
| Jul 2, 2025Q1 FY25 | — | $1.30 | — | — | $138.8M | — | +0.76% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $138.8M | $138.8M | $135.4M | $135.4M | $139.1M | $139.1M | |
| Gross profit | $55.1M | $55.1M | −$23.1M | −$23.1M | $23.7M | $23.7M | |
| Operating income | −$1.8M | −$1.8M | −$17.8M | −$17.8M | $434.5K | $434.5K | |
| Net income | $227.5M | $227.5M | $977.5K | $977.5K | $8.0M | $8.0M | |
| Diluted EPS | $1.30 | $1.30 | $0.01 | $0.01 | $0.05 | $0.05 | |
| Gross margin | 39.7% | 39.7% | -17.1% | -17.1% | 17.0% | 17.0% | |
| Operating margin | -1.3% | -1.3% | -13.2% | -13.2% | 0.3% | 0.3% |
Fiscal years (4-quarter sums)FY21 $356.1M · FY22 $426.4M · FY23 $838.0M · FY24 $630.2M · FY25 $548.5M
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $1.38B · Total debt $94.5M · Total assets $1.74B · Shareholders' equity $1.26B
Dividends
No dividends on record.
Ownership
Shares outstanding 174.47M · Float 170.46M · 97.7% free float
Insiders — filings are in the shares behind the receipt.
This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Schroder Investment Management Group | 1.48M | 0.85% | 13F | May 14, 2026 |
| Allianz Asset Management GmbH | 837.5K | 0.48% | 13F | May 11, 2026 |
| State Street Corp | 304.8K | 0.17% | 13F | May 15, 2026 |
| Aia Group Ltd | 291.2K | 0.17% | 13F | May 6, 2026 |
| M&G PLC | 255.5K | 0.15% | 13F | May 13, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- BeOne Medicines (ADR)
Global oncology developer with China commercialization reach
- Zai Lab (ADR)
China-U.S. oncology commercial company with regional and global programs
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HUTCHMED (ADR) | $12.31 | −0.49% | $2.16B | 120.2 | — | 4.0 | +100.4% |
| BeOne Medicines (ADR) | $366.73 | −0.01% | $39.19B | 5.1 | 46.7 | 6.9 | +29.6% |
| Zai Lab (ADR) | $26.08 | 0.00% | $2.95B | — | — | 6.6 | −3.3% |
| Median | 5.1 | 46.7 | 6.7 | +13.1% |





