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Reported August 4, 2026 · After market close

Revenue$308.0MBeat by $11.4M
EPS$0.18Beat by $0.11
Revenue estimate$296.6M
EPS estimate$0.07
Acadia delivered an outstanding second quarter, highlighted by strong commercial execution across both DAYBUE and NUPLAZID, resulting in total revenue growth of 17% year-over-year on an adjusted basis. For DAYBUE, continued patient demand and robust uptake of STIX drove another quarter of strong performance. For NUPLAZID, we continued to see strong momentum, especially in new-to-brand prescriptions as our recently expanded sales force gained traction in the field. We remain confident that both franchises are on track to achieve our long-term ambition of approximately $1.7 billion in annual net sales in 2028. Looking ahead, we are excited about the anticipated topline results from our Phase 2 program evaluating remlifanserin in Alzheimer's disease psychosis in the September to October timeframe, which we believe represents a potentially transformational opportunity for Acadia.
Catherine Owen Adams

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$332.3M
EPS estimate$0.21

Financials

Q2 2026

Income statement

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Revenue$308.0M+16.4%
Gross profit$279.6M+14.7%
Operating income$37.8M+16.9%
Net income$31.5M+18.1%
EPS (diluted)$0.18+12.5%

Balance sheet

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Cash & equivalents$385.0M+51.8%
Total debt$73.9M+31.2%
Total equity$1.3B+58.9%
Total assets$1.7B+42.2%

Cash flow

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Operating cash flow$100.8M+57.6%
CapEx$5.1M+1,613%
Free cash flow$95.7M+50.3%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$4.75B+16.2%
Enterprise value$4.43B+14.1%
P/E12.5×-5.9×
P/S4.2×+0.2×

Profitability

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Gross margin91.1%-0.8pp
Operating margin7.6%-15.7pp
Net margin33.4%+11.6pp

Returns & leverage

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Return on equity35.7%+2.6pp
Debt / equity0.1×0.0×
Current ratio3.4×+0.5×

Segments

By product

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Nuplazid$183.1M+8.7%
Daybue$124.8M+29.9%

By segment

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Reportable Segment Aggregation Before Other Operating$308.0M+16.4%

FAQ

When did Acadia Pharmaceuticals report Q2 2026 earnings?
Acadia Pharmaceuticals (ACAD) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Acadia Pharmaceuticals's Q2 2026 revenue and EPS?
Acadia Pharmaceuticals reported revenue of $308.0M and eps of $0.18 for Q2 2026.
Did Acadia Pharmaceuticals beat estimates in Q2 2026?
Revenue beat the consensus estimate of $296.6M by $11.4M. EPS beat the consensus estimate of $0.07 by $0.11.
How did Acadia Pharmaceuticals's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 16.4% from $264.6M a year earlier and eps grew 12.5% from $0.16.
Where can I find Acadia Pharmaceuticals's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-332858) and the 10-Q periodic report (0001193125-26-333243) directly on SEC EDGAR. The filing index links above go to sec.gov.