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United-Guardian Reports Second Quarter Results

HAUPPAUGE, N.Y., Aug. 07, 2026 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ:UG) announced today the financial results for the second quarter and first half of 2026. Second quarter net sales increased by 10% from $2,838,225 in 2025 to $3,108,267 in 2026, with net income increasing 16% from $626,826 ($0.14 per share) to $728,579 ($0.16 per share). Net sales for the six-month period ended June 30th increased by 12% from $5,319,352 in 2025 to $5,980,489 in 2026, and net income increased by 30% from $1,187,721 ($0.26 per share) to $1,547,481 ($0.34 per share).

Donna Vigilante, President of United-Guardian, stated, “I am pleased to report that sales and earnings increased in both the second quarter and first half of 2026. Sales of our cosmetic ingredients and pharmaceutical products increased during both periods compared with the same periods in 2025. Cosmetic ingredient sales increased by 44% in the second quarter and 34% in the first half of 2026 compared with the same periods in 2025. The growth in cosmetic ingredient sales was primarily attributable to increased purchases by Ashland Specialty Ingredients (“ASI”), our largest cosmetic distributor. ASI had experienced higher-than-normal inventory levels in 2025, which have since been reduced, resulting in the resumption of regular purchasing levels in the first half of 2026. Pharmaceutical sales increased by 1% in the second quarter and 11% in the first half of 2026 compared with the same periods in 2025, with Renacidin®, our most important pharmaceutical product, serving as the primary driver of growth.”

“As we move through 2026, we remain focused on our growth plan, which includes expanding promotional efforts and increasing market awareness for Renacidin, particularly among physicians and care providers; increasing awareness of our “natural” products; and growing our medical lubricant business.”

United-Guardian is a manufacturer of cosmetic ingredients, pharmaceuticals, medical lubricants, and sexual wellness ingredients.

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.


Financial Results for the
Three and Six Months Ended
June 30, 2026 and 2025
         
STATEMENTS OF INCOME
   (unaudited)
         
    THREE MONTHS
ENDED JUNE 30,
  SIX MONTHS
ENDED JUNE 30,
    2026     2025     2026     2025  
                         
Net sales $ 3,108,267   $ 2,838,225   $ 5,980,489   $ 5,319,352  
                         
Costs and expenses:                        
Cost of sales   1,562,465     1,340,854     3,010,254     2,463,930  
Operating expenses   667,282     694,050     1,334,245     1,326,785  
Research and development
expense
  124,395     107,868     239,416     222,262  
Total costs and expenses   2,354,142     2,142,772     4,583,915     4,012,977  
Income from operations   754,125     695,453     1,396,574     1,306,375  
                         
Other income:                        
Investment income   70,445     70,573     140,259     155,260  
Net gain on marketable
securities
  48,365     24,576     66,107     36,926  
Settlement income   36,360     ---     339,493     ---  
Gain on sale of asset   8,310     ---     8,310     ---  
Total other income   163,480     95,149     554,169     192,186  
Income before provision
for income taxes
  917,605     790,602     1,950,743     1,498,561  
                         
Provision for income taxes   189,026     163,776     403,262     310,840  
Net income $ 728,579   $ 626,826   $ 1,547,481   $ 1,187,721  
                         
Earnings per common share   
(basic and diluted)
$ 0.16   $ 0.14   $           0.34   $           0.26  
Weighted average shares   
(basic and diluted)
  4,594,319     4,594,319    

4,594,319
   

4,594,319
 



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