HAUPPAUGE, N.Y., March 27, 2026 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ:UG) reported that net sales and net income for FY 2025 decreased compared to FY 2024. Net sales for the year decreased by 13% from $12,181,971 in 2024 to $10,545,468 in 2025, generating net income of $3,250,875 ($0.71 per share) in 2024 compared to $2,105,738 ($0.46 per share) in 2025.
Donna Vigilante, President of United-Guardian, stated, “Our financial performance in 2025 was primarily impacted by the decrease in sales of our cosmetic ingredients. One of the issues we faced was excess inventory held by our largest cosmetic ingredient distributor, Ashland Specialty Ingredients (“ASI”). The inventory overstock led to reduced order quantities from ASI throughout the year. The situation was further impacted by decreased global demand for our products, particularly in China, where heightened competition from local Asian producers, and the impact of global tariffs, negatively impacted sales. In response to these challenges, we have been collaborating closely with our distributor in China to regain lost market share, offering competitive pricing where feasible, differentiating our products from the competition, and exploring new markets where cost pressures are less pronounced.”
“On a positive note, sales of pharmaceuticals and medical lubricants increased in 2025 compared to 2024, by 15% and by 4%, respectively. The increase in medical lubricants was driven by greater demand from two of our large contract manufacturer customers in China. The increase in pharmaceutical sales resulted from an increase in sales to all three of our national drug wholesalers, combined with a decrease in Medicare rebates. In 2025 we initiated a new marketing strategy to expand the domestic sales of Renacidin® by increasing awareness of Renacidin and seeking its inclusion on additional drug formularies. I am happy to report that we recently received approval from two major pharmacy benefit managers. We believe that having Renacidin available on additional drug formularies will enhance patient access and will support the product’s long-term commercial growth. We are optimistic that this initiative, along with the new marketing and distribution agreements we entered into in 2025 for our cosmetic ingredients, will result in increased sales in the coming years.”
United-Guardian is a manufacturer of cosmetic ingredients, sexual wellness ingredients, pharmaceuticals, and medical lubricants.
Contact:Donna Vigilante (631) 273-0900 dvigilante@u-g.com
NOTE: This press release contains both historical and "forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements about the company’s expectations or beliefs concerning future events, such as financial performance, business prospects, and similar matters, are being made in reliance upon the “safe harbor” provisions of that Act. Such statements are subject to a variety of factors that could cause our actual results or performance to differ materially from the anticipated results or performance expressed or implied by such forward-looking statements. For further information about the risks and uncertainties that may affect the company’s business please refer to the company's reports and filings with the Securities and Exchange Commission.
DECEMBER 31, 2025 AND 2024
STATEMENTS OF INCOME Years ended December 31, 2025 2024 Net sales $10,545,468 $12,181,971 Costs and expenses: Cost of sales 5,404,328 5,721,584 Operating expenses 2,434,148 2,356,819 Research and development 463,644 456,779 Total costs and expenses 8,302,120 8,535,182 Income from operations 2,243,348 3,646,789 Other income: Investment income 365,308 434,679 Net gain on marketable securities 34,359 26,989 Total other income 399,667 461,668 Income before provision for income taxes 2,643,015 4,108,457 Provision for income taxes 537,277 857,582 Net income $2,105,738 $3,250,875 Earnings per common share (basic and diluted) $0.46 $0.71 Weighted average shares (basic and diluted) 4,594,319 4,594,319
(condensed)
December 31, 2025 2024 Current assets:$12,201,397 $12,665,551 Deferred tax asset, net --- 175,397 Property, plant, and equipment, net 907,182 956,387 Total assets 13,108,579 13,797,335 Current liabilities: 1,669,321 1,914,469 Deferred tax liability, net 207,246 --- Total liabilities 1,876,567 1,914,469 Stockholders’ equity 11,232,012 11,882,866 Total liabilities and stockholders’ equity
$13,108,579
$13,797,335