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Alkermes ALKS State US Medicaid Rebates — Accounts Payable Current

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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:AccountsPayableCurrent.

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

Included in accounts payable was approximately $75.6 million and $59.6 million of amounts payable related to state U.S. Medicaid rebates as of June 30, 2026 and December 31, 2025, respectively.

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is Alkermes's state US medicaid rebates — accounts payable current?
Alkermes (ALKS) reported state US medicaid rebates — accounts payable current of $75.6M in Q2 2026.
How has Alkermes's state US medicaid rebates — accounts payable current changed year-over-year?
Alkermes's state US medicaid rebates — accounts payable current increased by 74.6% year-over-year, from $43.3M to $75.6M.
What does state US medicaid rebates — accounts payable current mean?
This metric represents the current liability owed to state government agencies for mandatory rebates associated with the sale of pharmaceutical products under the Medicaid Drug Rebate Program. It reflects the estimated financial obligation for products dispensed to Medicaid beneficiaries that have not yet been settled with the respective state authorities. This balance is a critical indicator of the company's short-term regulatory and financial commitments within the U.S. public healthcare market.

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