• Inotiv posted a net loss of USD 32.47 million for the quarter ended March 31, 2026, widening from a year earlier, as revenue fell 5.4% to USD 117.65 million.
• Discovery and Safety Assessment revenue rose 3.9% to USD 47.08 million, with operating income turning positive at USD 1.01 million.
• Research Models and Services revenue dropped 10.7% to USD 70.57 million, swinging to an operating loss of USD 1.93 million.
• DSA backlog increased to USD 151.82 million at March 31, 2026, with a DSA book-to-bill ratio of 1.14x for the quarter.
• Cash and cash equivalents totaled USD 15.18 million at March 31, 2026, while the company missed an approximately USD 2.14 million April 15 interest payment under its Convertible Bond Indenture, with the grace period set to expire May 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inotiv Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-033620), on May 11, 2026, and is solely responsible for the information contained therein.