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Alkermes ALKS IE — Operating Loss Carryforwards

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Other financials

Income statement

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Revenue$496.0M+27.0%
Gross profit$397.9M+16.6%
Operating income$18.4M-80.3%
Net income$501.0K-99.4%
EPS (diluted)$0.00-100%

Balance sheet

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Cash & equivalents$511.5M-1.9%
Total debt$1.6B+2,064%
Total equity$1.8B+11.3%
Total assets$4.4B+95.0%

Cash flow

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Operating cash flow-$165.7M-268%
CapEx$8.1M-37.4%
Free cash flow-$169.8M-291%

Valuation

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Market cap$8.32B+89.9%
Enterprise value$9.38B+139%
P/E125.9×+113×
P/S+2.1×

Profitability

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Gross margin84.6%-0.6pp
Operating margin7%-17.8pp
Net margin4%-19.2pp
FCF margin14.2%-17.6pp

Returns & leverage

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Return on equity3.9%-20.1pp
Debt / equity0.9×+0.8×
Current ratio2.3×-0.9×

Where this comes from

Reported directly by Alkermes in its filing.

Tagged under the XBRL concept us-gaap:OperatingLossCarryforwards.

The source filing: Alkermes’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 9:31 AM EST
Fiscal year
FY2025
Accession
0001193125-26-068925

As of December 31, 2025, the Company had $210.2 million of Irish NOL carryforwards, $13.6 million of U.S. federal NOL carryforwards, $43.2 million of state NOL carryforwards and $35.2 million of state tax credits which will either expire on various dates through 2040 or can be carried forward indefinitely. These loss and credit carryforwards are available to reduce certain future Irish and foreign taxable income and tax. These loss and credit carryforwards are subject to review and possible adjustment by the appropriate taxing authorities and may be subject to limitations based upon changes in the ownership of the Company’s ordinary shares. Included within these loss and credit carryforwards are $13.6 million of U.S. federal NOL carryforwards and $5.3 million of state NOL carryforwards, acquired as part of the acquisition of Rodin Therapeutics, Inc. in November 2019, each of which are subject to a $0.5 million annual limitation.

Item 16. Form 10-K Summary

FAQ

What is Alkermes's IE — operating loss carryforwards?
Alkermes (ALKS) reported IE — operating loss carryforwards of $210.2M in Q4 2025.
How has Alkermes's IE — operating loss carryforwards changed year-over-year?
Alkermes's IE — operating loss carryforwards decreased by 46.6% year-over-year, from $393.9M to $210.2M.
What does IE — operating loss carryforwards mean?
Tracks the accumulated tax losses from previous periods that can be used to offset future taxable income within the segment. This is a critical tax planning tool for managing the effective tax rate over time.

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