Alvotech swings to USD 65.79 million loss as six-month revenue falls 31%
ALVO•Alvotech reported a USD 65.79 million loss for the six months ended June 30, 2026, as revenue fell 31% to USD 211.64 million.
1. Six-month results
Alvotech swung to a loss of USD 65.79 million, with basic loss per share of USD 0.22. Product and service revenue fell 48% to USD 105.94 million, the operating result turned to a USD 2.03 million loss, and finance income dropped to USD 17 million. The company cited lower non-cash gains from fair value adjustments on derivative liabilities compared with the prior-year period.
