Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Inotiv, Inc.

NOTVNASDAQ
Wall Street Score · overall investment17/100
$0.08USD+$0.04 (+121.94%)

Severe listing-compliance risk

The share price is below $1 and the stored reverse-split/listing-risk level is CRITICAL. No verified reverse-split authorization or announced reverse split is currently recorded. This is a risk signal, not confirmation that Nasdaq has issued a deficiency notice.

Company website www.inotiv.com
Headquarters2701 Kent Avenue, West Lafayette, IN, 47906, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Medical - Diagnostics & Research
Price updated todayFinancials updated Oct 8, 2026

NOTV · Price history

Price chart data is not currently available.

Company & revenue

About Inotiv, Inc.

Primary reporting period: 2025-09-30 · Research updated Oct 13, 2026. A research update is not a new financial filing.

Who they are

Inotiv, Inc. provides nonclinical and analytical drug discovery and development services to the pharmaceutical and medical device industries in the United States, the Netherlands, and internationally. The company operates through two segments, Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). The DMS segment manufactures scientific instruments for life sciences research and the related software for use by pharmaceutical companies, universities, government research centers, and medical research institutions under the company’s BASi product line.

How they make money

Inotiv operates as a contract research organization (CRO) that generates revenue by providing nonclinical and analytical drug discovery and development services to pharmaceutical, biotechnology, and medical device companies. The company also derives income from the sale of research models and related products, charging clients for specialized laboratory services, scientific expertise, and the supply of biological research materials used in drug development pipelines.

Products & services

Nonclinical and analytical drug discovery and development services, research models, and related laboratory products.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

ProductUSD 280.16M54.6%

Period ended 2025-09-30Source

ServiceUSD 232.87M45.4%

Period ended 2025-09-30Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Laboratory equipment and consumable manufacturers — Various third-party vendors providing specialized laboratory equipment, reagents, and animal feed; specific supplier names are not disclosed.Source

Strengths

  • Integrated nonclinical and analytical service offeringsSource
  • Specialized expertise in drug discovery and developmentSource

Risks

  • Dependence on the pharmaceutical and biotechnology research and development spending environmentSource
  • Regulatory compliance and animal welfare standardsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

17

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

24

Poor

Financial Strength

17

Business Quality / Moat

60

Management

0

Growth Quality

23

Risk / Durability

6

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

27

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

38/100

Building Historical Record

Model Score 38/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

Reverse-split / listing-compliance risk: CRITICAL

This is a risk signal, not a prediction. It is separate from Wall Street Score and does not change the company score. It looks for listing-pressure signals such as prolonged Nasdaq trading below $1, very low share price, micro-cap size, negative free cash flow, and verified recent reverse splits.

Risk indicator: 75/100

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Material dilution — approximately 25.3% share-count growth
  • •Elevated debt risk
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for NOTV

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving NOTV's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •How long can NOTV fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Is NOTV's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for NOTV to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify NOTV's current valuation?
⚠ 2 warningsView warning details
Material dilution — approximately 25.3% share-count growthElevated debt risk
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

17

0–100 · Poor

Opportunity Score

27

0–100 · Poor

Market Cap

$2.8M

P/E Ratio

-0.0

EPS

$-2.53

52-Week High

$2.44

52-Week Low

$0.02

Beta

4.08

Analyst Target

$6.00

Shares Outstanding

32.5M

Total Revenue

$507.4M

Total Debt

$487.8M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$2.38

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Calculating current signals…

Notices for NOTV

Detected from reported data — verify before acting.

Material dilution — approximately 25.3% share-count growth

Diluted shares outstanding grew ~25.3% year-over-year. Substantial dilution reduces per-share value and can signal financing stress. Wall Street Score is capped.

Elevated debt risk

Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on NOTV.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Integrated nonclinical and analytical service offerings.
  • +Specialized expertise in drug discovery and development.

Potential downside factors

  • −Debt risk (elevated): Interest coverage is below 2x.
  • −Free cash flow is negative.
  • −Cash covers less than 20% of total debt.
  • −Dependence on the pharmaceutical and biotechnology research and development spending environment.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak17/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

17

Tap for breakdown →

Poor

27

Debt Cost11.2%
Debt Reduction YoY-13.1%
Debt / Equity3.70x

Tap for breakdown →

Poor

20

Revenue YoY-1.1%
Revenue CAGR-5.3%
Net Margin-17.1%

Tap for breakdown →

Fair

55

Asset Growth YoY-1.3%
Liquidation/Share$2.38
Net Assets/MCap77.00x

Tap for breakdown →

Poor

0

Earnings Yield-3120.1%
Buyback Yield0.0%
Debt Cost11.2%

Tap for breakdown →

Poor

0

ROIC-5.6%
ROE-112.8%
ROA-12.4%

Tap for breakdown →

Fair

60

EPS Growth—
FCF/Share Growth—
Rev/Share Growth8.4%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

28

Revenue20
Moat60
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

7

Interest Coverage-0.5x
ROIC-5.6%
FCF Yield-971.1%

Tap for breakdown →

Poor

12

Financial7
Valuation0
Debt27

Tap for breakdown →

Poor

10

Survival Years0.8 yrs
Current Ratio0.35x
FCF Margin-5.3%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

17

Oct 1, 2026

Change

Unchanged

Current Score

17

Oct 8, 2026

Category Changes

Revenue0
Debt0
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett0

NOTV score was unchanged.

Projected Score

Projected Score

14

Projected Change

-2.4 points

Preliminary comparable-period financial changes suggest decline of approximately 2.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$0.08

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

20152016201720182019202020212022202320242025$0$150M$300M$450M$600M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$11M$0$11M$21M$32M

Total Debt

201520172019202120232025$0$150M$300M$450M$600M

Total Assets

201520172019202120232025$0$250M$500M$750M$1.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$507.4M$513.0M$490.7M$572.4M····························
Cost of Revenue$432.8M$448.0M$379.6M$407.0M····························
Gross Profit$74.6M$65.1M$111.2M$165.4M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$92.9M$92.2M$97.9M$127.3M····························
Operating Expenses$119.6M$96.0M$197.6M$246.9M····························
EBITDA$10.2M$24.8M-$26.8M-$26.5M····························
Operating Income-$45.0M-$30.9M-$86.4M-$81.5M····························
Interest Expense$56.8M$56.6M$46.9M$43.0M····························
Income Before Tax-$105.7M-$87.8M-$130.8M-$124.2M····························
Income Tax Expense-$18.8M-$19.1M-$21.9M-$19.3M····························
Net Income-$87.0M-$68.6M-$108.4M-$105.1M····························
Basic EPS$-2.53$-2.11$-4.19$-4.10····························
Basic Shares34.65M32.45M25.90M25.64M····························
Diluted Shares34.65M32.45M25.90M25.64M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Mar 31, 2026Q2FY2026

Revenue

$117.7M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.94

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+8.0%

Cash Change

-21.3%

Margin Change

-15.6 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Weakened

  • Margins contracted
  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included EPS growth. Pressure indicators included revenue growth, cash levels, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 5.4%. EPS increased 113.6%. Cash declined 21.3%. Total debt increased 8.0%. Net income margin declined by 15.6 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Earnings data: 212 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 8, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

No news available for NOTV.

Rumor Mill · NOTV

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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