Company Analysis
Sign in

Adagio Medical Holdings, Inc (ADGM)

Nasdaq: ADGM · Surgical & Medical Instruments & Apparatus · Laguna Hills, CA · filing with the SEC since 2024
Full chart Alerts Compare
Grade3.2
◀ Past 2.7● Present 3.0▶ Future 4.1
6 est.
OverviewBusinessFinancialsGradeForecastSentimentOwnershipPeopleFilingsPatents Chart

The grade of Adagio Medical Holdings, Inc

Nine metrics read from its own filings, by tense
Headline grade
3.2/10
◀ Past2.730% of the headline
● Present3.040% of the headline
▶ Future4.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 3 read as filed from the record and 6 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.7/1030% of the headline grade · 1 of 3 filed, 2 estimated

Surviving crises

as filed
0.9/10

Has it survived what it has been through?

5 warning events since 2024; the latest 2026-08-14.

weight 33% of this tense · 9th percentile among 121 sector filers · read for itself

From the record

Adagio Medical Holdings, Inc's filings since 2024 show 5 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2026-08-14); a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-11-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

SI estimate
5.1/10

What has it actually done, year after year?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 45% of this tense · 50th percentile among 105 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than three filed years of revenue on file, so the desk assumes the typical reading of its industry family, the median of 105 members with one.
What the record cannot read
Fewer than three filed years of revenue on file.
How it was reasoned
family median, 105 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Adagio Medical Holdings, Inc's track record is put at 5.1 of 10 with a confidence of 20 of 100, because fewer than three filed years of revenue on file, so the desk assumes the typical reading of its industry family, the median of 105 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Shareholder treatment

SI estimate
0.7/10

How has it treated the people who own it?

SI estimate 0.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 7th percentile among 120 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 7% of 120 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 120 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Adagio Medical Holdings, Inc's shareholder treatment is put at 0.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 7% of 120 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.0/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
1.4/10

Is it financially healthy right now?

ROE -202%: lost 202¢ per shareholder dollar. Leverage 71%: owes 71¢ per asset dollar.

weight 45% of this tense · 14th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Adagio Medical Holdings, Inc lost about 202 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 2 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 71 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 25% of its family
  • return on equitybottom 17% of its family
  • gross profit against assetsbottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

SI estimate
5.3/10

How strong is its position in its industry?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 109 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
No filed revenue on file, so the desk assumes the typical reading of its industry family, the median of 109 members with one.
What the record cannot read
No filed revenue on file.
How it was reasoned
family median, 109 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Adagio Medical Holdings, Inc's industry position is put at 5.3 of 10 with a confidence of 20 of 100, because no filed revenue on file, so the desk assumes the typical reading of its industry family, the median of 109 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Leadership

as filed
2.7/10

What are the people in charge doing?

bottom 27% of 91 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 27th percentile among 91 sector filers · read for its shareholders

From the record

Adagio Medical Holdings, Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Usen, Todd (Chief Executive Officer, as filed), filing under that title since 2024-12-20, 1.9 years (bottom 32% of its family); most of the 9 officers and directors filing now have filed since the record of its people begins (2024-08-01), a floor of 2.3 years the record cannot see past, so that part is not read; 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 9 peoplebottom 23% of its family
  • the chief executive's years on the record1.9 yearsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.1/1030% of the headline grade · 0 of 3 filed, 3 estimated

Room to expand

SI estimate
2.7/10

How much room does it have to grow?

SI estimate 2.7/10, confidence 35 of 100 (one part).

weight 45% of this tense · 27th percentile among 120 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the bottom 27% of 120 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 120 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Adagio Medical Holdings, Inc's room to expand is put at 2.7 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the bottom 27% of 120 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

SI estimate
5.2/10

What could actually drive growth from here?

SI estimate 5.2/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 105 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending, so the desk assumes the typical reading of its industry family, the median of 105 members with one.
What the record cannot read
The record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending.
How it was reasoned
family median, 105 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Adagio Medical Holdings, Inc's growth drivers is put at 5.2 of 10 with a confidence of 20 of 100, because the record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending, so the desk assumes the typical reading of its industry family, the median of 105 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Expectations vs reality

SI estimate
5.1/10

Did its newest year beat what its own record pointed to?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 88 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 88 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 88 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Adagio Medical Holdings, Inc's expectations vs reality is put at 5.1 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 88 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ADGM · research, not advice