Niagen Bioscience Inc
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Range $10 – $11
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About the company
Niagen Bioscience, Inc. operates as a bioscience company engages in developing healthy aging products. The company operates through Consumer products; Ingredients; and Pharmaceutical Segments.
- CEO
- Robert N. Fried
- IPO
- 2015
- Employees
- 117
- HQ
- Los Angeles, CA, US
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- Market Cap
- $212.65M
- P/E
- 13.75
- Fwd P/E
- 18.52
- PEG
- -0.79
- P/S
- 1.65
- P/B
- 2.57
- EV/EBITDA
- 8.09
- Div Yield
- 0.00%
- Gross Margin
- 64.24%
- Op Margin
- 6.67%
- Net Margin
- 12.39%
- ROE
- 20.50%
- ROIC
- 8.75%
Latest fiscal year · YoY change
- Revenue
- $129.42M+29.9%
- Gross Profit
- $83.19M+35.1%
- Op Income
- $14.30M
- Net Income
- $17.38M+103.3%
- EPS
- $0.22+100.0%
- OCF Growth
- +11.0%
- FCF Growth
- +10.0%
- 52W High
- $7.95
- 52W Low
- $2.61
- 50D MA
- $3.06
- 200D MA
- $4.24
- Beta
- 2.02
- RSI (14)
- 33
- Avg Volume
- 585.61K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Niagen Bioscience delivered a profitable first quarter with 5% revenue growth, continued strong e-commerce momentum, and early enthusiasm around new IV, injectable, and skincare launches, while also acknowledging NMN-related competitive pressure.· May 6, 2026
- Q1 revenue was $31.5 million, up 5% year over year excluding the divested reference standard business; net income was $6.3 million and cash ended at $66.5 million with no debt.
- Core e-commerce grew 14% year over year to $19.2 million, but sales to Watsons and other B2B partners fell $1.5 million due to timing and inventory changes.
- Gross margin was 63.5%, essentially flat versus 63.4% a year ago, while selling and marketing expense rose to 30.7% of sales as the company invested behind growth and launches.
- Management reaffirmed full-year revenue growth guidance of 10% to 15% and said e-commerce should remain the main growth engine, with new launches adding upside.
- The company said NMN competition is creating pricing and keyword headwinds, but it remains optimistic about Niagen’s science, media visibility, and new product categories.
Niagen Bioscience reported first-quarter 2026 revenue of $31.5 million, or $31.1 million excluding the reference standard segment, up 5% year over year. Tru Niagen revenue rose 4% to $22.4 million, including $19.2 million of e-commerce revenue, up 14%; Niagen ingredient revenue was $8.2 million, up 2%. Gross margin improved to 63.5% from 63.4% a year ago. Net income was $6.3 million, or $0.08 per share, versus $0.07 per share in Q1 2025. Cash ended at $66.5 million with no debt. For full-year 2026, management reaffirmed revenue growth guidance of 10% to 15%. It also now expects selling and marketing expense to increase in absolute dollars and as a percentage of net sales, and expects G&A to be up $3 million to $4 million year over year, versus a prior expectation of $4 million to $5 million.
Rob Fried emphasized that Niagen’s brand and science are gaining broader recognition, citing major media coverage and the USP monograph as proof points of differentiation. He framed the new Niagen+ at-home injection kit, the Nanocloud skincare launch, and the expanding research base as signs that the company is moving into new longevity and wellness applications. His tone was confident and expansionary, but also methodical, repeatedly stressing that these launches will be iterated carefully and supported by science.
Ozan Pamir said the quarter was marked by strong e-commerce growth, margin stability, and solid profitability. He highlighted gross margin of 63.5%, S&M at 30.7% of sales, R&D of $1.5 million, G&A of $7.2 million, and net income of $6.3 million, or $0.08 per share. On cash flow, he noted $66.5 million in cash, no debt, $1.2 million of cash used in operations, $5.8 million of proceeds from the reference standards sale, and $2.4 million of share repurchases under a $20 million repurchase program. He also said inventory should come down through the rest of the year and that the company is increasing S&M spending while revising G&A expectations lower than previously guided.
Analysts focused on the FDA/NMN situation, the effect of rising NMN competition on Amazon and keyword bidding, and how that pressure is affecting Niagen sales. Management said NMN is already causing headwinds, especially on Amazon, but argued Niagen remains superior scientifically and said the FDA ruling could still be reversed through litigation. Questions also centered on the new IV/injectable rollout, clinic placements, pricing, and the Nanocloud launch; management said the IV business is in about 1,200 clinics with strong order and repeat rates, and that the at-home injectable launch had encouraging early traffic and conversions, with California access expected to be resolved in the next few weeks. On Nanocloud, management said early demand is very strong, with a wider launch planned for October.
The call showed meaningful momentum in core e-commerce, which grew 14%, while the company stayed profitable and maintained a strong balance sheet with $66.5 million in cash and no debt. Management also described strong early response to new products, including the at-home injection kit and Nanocloud, plus growing interest from clinics, skin-care brands, and consumers interested in longevity and anti-aging.
Management repeatedly acknowledged near-term pressure from NMN competition, including higher Amazon keyword costs, more low-priced competitors, and weaker new-customer acquisition. Some revenue channels remain lumpy, especially Watsons and other B2B partners, and the company is increasing marketing spend, which could weigh on margins even as it tries to fund growth and new launches.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 65.9%
- Shares Outstanding
- 79.64M
- Float Shares
- 52.48M
Buy/sell ratio 8.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Held by 69 ETFs
Biggest fund positions in NAGE by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jun 30, 26 | Lopez Carlos Luis | other | 2,314 |
| Jun 30, 26 | Pamir Ozan | other | 4,255 |
| Jun 30, 26 | Fried Robert N | other | 1,106 |
| Jun 24, 26 | YU Wing Tak Wendy | other | 31,746 |
| Jun 24, 26 | Ng Wang Yu Gary | other | 31,746 |
| Jun 24, 26 | Cohen Ann | other | 31,746 |
| Jun 24, 26 | Patrick Kristin | other | 31,746 |
| Jun 24, 26 | Shahbazi Hamed | other | 31,746 |
| Jun 24, 26 | Rubin Steven D | other | 31,746 |
| Jun 24, 26 | Jaksch Frank L Jr | other | 31,746 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our NAGE coverage
Recent articles, reports, and earnings notes.
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Generate NAGE report →Andrew Shao, Ph.D., Senior Vice President of Global Regulatory and Scientific Affairs at Niagen Bioscience, Honored with the 2026 Annette Dickinson Trailblazer Award by Radicle Science and Council for Responsible Nutrition (CRN)
businesswire.com · Oct 8
Niagen Bioscience to Present at LD Micro 20th Annual Main Event
businesswire.com · Oct 6
Niagen Bioscience Puts 25 Years of NAD+ Science Behind "Don't Get Old. Age Better.
businesswire.com · Oct 1
Niagen Bioscience Announces Start-Up Agreement With Mass General Brigham (MGB) Investigators For First-Of-Its-Kind Healthy Aging Clinical Trial
businesswire.com · Sep 30
Niagen Bioscience, Inc. (NASDAQ:NAGE) Given Average Recommendation of “Buy” by Analysts
defenseworld.net · Sep 24
Newly Published Preclinical Study Demonstrates CD38 as a Driver of Age-Related NAD+ Decline, Older Mothers Have Lower NAD+ Levels in Placental Tissue, and NAD+ Restoration with Nicotinamide Riboside (NR) Improves Pregnancy Outcomes
businesswire.com · Sep 21
Niagen Bioscience Engages Veteran Pharmaceutical Executives and Biotechnology Experts to Support Drug Development Program and Strategic Business Growth
businesswire.com · Sep 17
Niagen Bioscience to Present at Canaccord Genuity's Well Summit
businesswire.com · Sep 10
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