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Alkermes ALKS Medicare Part D — Accrued Sales Discounts Allowances And Reserves

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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 alks:AccruedSalesDiscountsAllowancesAndReserves.

The source filing: Alkermes’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 9:22 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-319022
(In thousands)June 30, 2026December 31, 2025
Medicaid rebates$192,624$186,068
Product discounts23,15918,688
Medicare Part D30,79925,372
Other49,06316,998
Total accrued sales discounts, allowances and reserves$295,645$247,126

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is Alkermes's medicare part d — accrued sales discounts allowances and reserves?
Alkermes (ALKS) reported medicare part d — accrued sales discounts allowances and reserves of $30.8M in Q2 2026.
How has Alkermes's medicare part d — accrued sales discounts allowances and reserves changed year-over-year?
Alkermes's medicare part d — accrued sales discounts allowances and reserves increased by 28.8% year-over-year, from $23.91M to $30.8M.
What is the long-term trend for Alkermes's medicare part d — accrued sales discounts allowances and reserves?
Over 3 years (2022 to 2025), Alkermes's medicare part d — accrued sales discounts allowances and reserves has grown at a 10.4% compound annual growth rate (CAGR), from $66.51M to $89.47M.
What does medicare part d — accrued sales discounts allowances and reserves mean?
This metric represents the estimated financial obligations and contra-revenue reserves specifically associated with Medicare Part D coverage for the company's pharmaceutical products. It accounts for anticipated rebates, discounts, and coverage gap liabilities that the company expects to pay to government programs or pharmacy benefit managers. These accruals are essential for accurately reporting net revenue by adjusting gross sales for expected future price concessions.

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