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Segments

By segment

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Reportable Segment Aggregation Before Other Operating$81.56M+4.6%

Other financials

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

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Market cap$4.9B+23.1%
Enterprise value$4.59B+21.3%
P/E12.9×-5.0×
P/S4.3×+0.4×

Profitability

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Gross margin91.1%-0.8pp
Operating margin7.6%-15.7pp
Net margin33.4%+11.6pp
FCF margin18.9%

Returns & leverage

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

Where this comes from

Reported directly by Acadia Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Acadia Pharmaceuticals’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333243
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues307,959264,566576,021508,882
Operating expenses
Cost of product sales28,31620,73453,10741,126
Research and development81,55577,951158,423156,216
Selling, general and administrative160,252133,507331,271259,877
Total operating expenses270,123232,192542,801457,219
Income from operations37,83632,37433,22051,663
Interest income, net7,9907,24316,04515,144

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Acadia Pharmaceuticals's R&D?
Acadia Pharmaceuticals (ACAD) reported R&D of $81.56M in Q2 2026.
How has Acadia Pharmaceuticals's R&D changed year-over-year?
Acadia Pharmaceuticals's R&D increased by 4.6% year-over-year, from $77.95M to $81.56M.
What is the long-term trend for Acadia Pharmaceuticals's R&D?
Over 4 years (2021 to 2025), Acadia Pharmaceuticals's R&D has grown at a 8.3% compound annual growth rate (CAGR), from $239.42M to $328.8M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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