When did Alkermes report Q2 2024 earnings?

Alkermes (ALKS) reported Q2 2024 earnings on July 24, 2024 before market open.

What were Alkermes's Q2 2024 revenue and EPS?

Alkermes reported revenue of $399.1M and eps of $0.70 for Q2 2024.

Did Alkermes beat estimates in Q2 2024?

Revenue beat the consensus estimate of $382.8M by $16.3M. EPS beat the consensus estimate of $0.70 by $0.00.

Where can I find Alkermes's Q2 2024 SEC filings?

You can read the 10-Q periodic report (0000950170-24-085873) directly on SEC EDGAR. The filing index links above go to sec.gov.

Alkermes ALKS Q2 2024 earnings

Reported July 24, 2024 · Before market open

Revenue$399.1MBeat by $16.3M

EPS$0.70In line

Revenue estimate$382.8M

EPS estimate$0.70

Next report

Oct 27, 2026 (in 3 months)

Revenue estimate$467.0M

EPS estimate$0.01

Financials

Q2 2024

Income statement

See full

Revenue$399.1M-35.4%

Gross profit$337.7M-39.1%

Operating income$109.9M-54.1%

Net income$91.4M-61.5%

EPS (diluted)$0.53-61.6%

Balance sheet

See full

Cash & equivalents$535.2M-19.6%

Total debt$368.0M-5.5%

Total equity$1.3B+0.3%

Total assets$2.2B+0.9%

Cash flow

See full

Operating cash flow$146.0M-32.3%

CapEx$7.1M-26.7%

Free cash flow$138.9M-32.6%

Valuation & ratios

Valuation

as of 06/30/24

See full

Market cap$4.08B-21.6%

Enterprise value$3.91B-20.6%

P/E14.1×-36.4×

P/S2.7×-0.9×

Profitability

See full

Gross margin83.3%-1.2pp

Operating margin24.9%+17.4pp

Net margin19.1%+12.1pp

FCF margin21.7%+10.8pp

Returns & leverage

See full

Return on equity22.5%+13.8pp

Debt / equity0.3×0.0×

Current ratio3×+0.1×

Segments

By product

See full

Vivitrol$111.9M—

Aristada And Aristada Initio$86.0M—

LYBALVI$71.4M—

By geography

See full

US$352.5M-5.5%

IE$323.5K+9.8%

Versus estimates

Revenue

Q2 2026$496.0MBeat by $38.6M Q1 2026$392.9MBeat by $29.9M Q4 2025$384.5MBeat by $5.6M Q3 2025$394.2MBeat by $14.3M Q2 2025$390.7MBeat by $36.1M Q1 2025$306.5MBeat by $3.6M

Diluted EPS

Q2 2026$0.70Beat by $0.73 Q1 2026-$0.40Beat by $0.17 Q4 2025$0.34Miss by $0.09 Q3 2025$0.49Beat by $0.07 Q2 2025$0.52Beat by $0.11 Q1 2025$0.13Miss by $0.12

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Questions, answered.

When did Alkermes report Q2 2024 earnings?: Alkermes (ALKS) reported Q2 2024 earnings on July 24, 2024 before market open.
What were Alkermes's Q2 2024 revenue and EPS?: Alkermes reported revenue of $399.1M and eps of $0.70 for Q2 2024.
Did Alkermes beat estimates in Q2 2024?: Revenue beat the consensus estimate of $382.8M by $16.3M. EPS beat the consensus estimate of $0.70 by $0.00.
Where can I find Alkermes's Q2 2024 SEC filings?: You can read the 10-Q periodic report (0000950170-24-085873) directly on SEC EDGAR. The filing index links above go to sec.gov.