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Alkermes ALKS RISPERDALCONSTA — Collaborative Arrangement Royalty Rate

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IRWDCollaborative Arrangements — Revenue
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RARECollaboration And Royalty — Revenue
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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:CollaborativeArrangementRoyaltyRate.

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

The Company exclusively manufactures RISPERDAL CONSTA at its Wilmington, Ohio facility for commercial sale. Under its manufacturing and supply agreement with Janssen, the Company records manufacturing revenues when product is fully manufactured and approved for shipment by both Janssen and the Company. Revenue is based on a percentage of Janssen’s net unit sales price for RISPERDAL CONSTA for the applicable calendar year. This percentage is determined based on Janssen’s unit demand for such calendar year and varies based on the volume of units shipped, with a minimum manufacturing fee of 7.5%. Either party may terminate the manufacturing and supply agreement upon a material breach by the other party, which is not resolved within 60 days after receipt of a written notice specifying the material breach or upon written notice in the event of the other party’s insolvency or bankruptcy. Janssen may terminate the agreement upon six months’ written notice to the Company. In the event that Janssen

Item 16. Form 10-K Summary

FAQ

What is Alkermes's RISPERDALCONSTA — collaborative arrangement royalty rate?
Alkermes (ALKS) reported RISPERDALCONSTA — collaborative arrangement royalty rate of 1.9% in Q4 2025.
How has Alkermes's RISPERDALCONSTA — collaborative arrangement royalty rate changed year-over-year?
Alkermes's RISPERDALCONSTA — collaborative arrangement royalty rate decreased by 0.0% year-over-year, from 1.9% to 1.9%.
What is the long-term trend for Alkermes's RISPERDALCONSTA — collaborative arrangement royalty rate?
Over 4 years (2021 to 2025), Alkermes's RISPERDALCONSTA — collaborative arrangement royalty rate has grown at a 0.0% compound annual growth rate (CAGR), from 7.5% to 7.5%.
What does RISPERDALCONSTA — collaborative arrangement royalty rate mean?
The percentage of net sales or revenue that the company is contractually obligated to pay to or receive from a partner under a collaborative arrangement for a specific product. This rate serves as a primary indicator of the economic value sharing between the company and its collaborators. It directly impacts the profitability of the product segment by dictating the margin retained after royalty obligations.

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