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Inotiv Reports Fourth Quarter and Full Year Financial Results for Fiscal 2025

Inotiv, Inc. (NOTV) | December 3, 2025

By Kevin Allen

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Inotiv, Inc. reported positive financial results for the fourth quarter and full year of fiscal 2025.

Revenue for the fourth quarter increased by 5.9% to $138.1 million, and for the full year, it rose by 4.5% to $513.0 million.

The company also experienced significant improvements in operating loss, demonstrating strong financial performance.

Revenue Growth

Revenue increased by 5.9% in Q4 FY 2025 and 4.5% in FY 2025 compared to the previous periods.

Operating Loss Reduction

Operating loss decreased by 48.5% in Q4 FY 2025 and 64.2% in FY 2025, showcasing improved operational efficiency.

Adjusted EBITDA

Adjusted EBITDA in Q4 FY 2025 was $11.8 million, representing 8.5% of total revenue, a substantial improvement from the previous year.

Book-to-bill Ratio

The DSA services business achieved a book-to-bill ratio of 1.08x in Q4 FY 2025 and 1.05x for FY 2025, indicating a healthy demand for services.

  • Inotiv's focus on key financial goals resulted in revenue growth and reduced operating losses.
  • The company's strategic plans led to a strong quarterly performance with revenue and awards showing positive trends.
  • Engagement of Perella Weinberg Partners for financial advisory signals potential debt refinancing options, enhancing financial flexibility.

Inotiv's fourth quarter and full year financial results demonstrate a solid performance and strategic execution, positioning the company for continued growth and success in the future.