Iranian Financial Engineering Association(IFEA) International Journal of Finance & Managerial Accounting 2588-4379 11 43 2026 09 01 Explaining the factors affecting the profitability of pharmaceutical companies with an emphasis on the conditions of risk and crisis 169 176 23969 10.22034/ijfma.2025.78353.2241 EN Seyed Reza Saleh PhD student, accounting department, Sanandaj branch, Islamic Azad University, Sanandaj, Iran Attaollah Mohammadi Assistant Professor, Department of Accounting, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran Omid Mahmoodi Khoshroo Assistant Professor, Department of Accounting, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran Journal Article 2025 03 09 In recent years, companies have always faced various risks and crises. The Covid-19 virus, which started in China in 2019, spread all over the world and affected all global markets. This virus has created many economic and financial effects for various businesses, including the pharmaceutical industry. The purpose of this research is to identify the factors affecting the profitability of pharmaceutical companies in critical situations such as the Corona virus. In order to identify the factors affecting profitability in the conditions of the corona virus, a number of valid articles were first studied and some factors were identified as variables affecting profitability. After this stage, the relevant factors were given to the experts to reach a final consensus on the variables. At this stage, the opinions of 20 experts with high working experience in the pharmaceutical industry were used. Variables Size, financial risk-taking, Leverage, cash, fixed asset, growth(sale), industry, corporate governance, GDP, inflation, currency and working capital were identified as profit predictors in the conditions of the coronavirus.Pharmaceutical companies should form a risk management committee so that they can maintain their profitability in critical situations such as the corona virus. http://www.ijfma.ir/article_23969_d157d577520c2e9085acc55d3d794007.pdf