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Inotiv, Inc. Announces Preliminary Fiscal 2025 Fourth Quarter and Full Year Results

Inotiv, Inc. (NOTV) | November 17, 2025

By Paula Scott

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Inotiv, Inc. announced select preliminary financial results for Q4 FY 2025 and FY 2025.

Preliminary expected Q4 2025 revenue is between $137.5 million and $138.5 million.

Preliminary expected FY 2025 revenue is between $512.5 million and $513.5 million.

Sequential Growth in DSA Services

DSA services business saw strong contract awards with a 60% growth over the previous year.

Book-to-Bill Ratio

Anticipated book-to-bill ratio for Q4 FY 2025 is approximately 1.08x for DSA services business.

Backlog Increase

Anticipated DSA backlog of about $138.0 million at September 30, 2025, compared to previous periods.

FY 2025 Financial Outlook

Anticipated FY 2025 revenue and book-to-bill ratio projections.

  • The preliminary results indicate positive growth in revenue for both Q4 FY 2025 and FY 2025.
  • Strong performance in the DSA services business is a key driver of revenue growth.
  • Increase in backlog demonstrates a healthy pipeline for future revenue streams.

Inotiv's preliminary results for FY 2025 show promising performance with revenue growth and backlog increase, reflecting a positive outlook for the company's future.