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Alkermes ALKS State US Medicaid Rebates — Accounts Payable Current

Similar metrics at other companies

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MOHMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Current Year
$4.72B+2.7%
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MOHMedicaid — Change in non-risk and other payables
$295M+439%
Corcept Therapeutics logo
CORTLong-term accrued government rebates
$4.37M
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KRYSAccrued rebates
$70.72M+49.2%
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MOHMedicaid — Liability for Claims and Claims Adjustment Expense
$3.82B+7.2%
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MOHMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid
$7.41B+0.7%

Other financials

Income statement

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Revenue$392.9M+28.2%
Gross profit$331.3M+28.8%
Operating income-$48.3M-450%
Net income-$66.5M-396%
EPS (diluted)-$0.40-408%

Balance sheet

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Cash & equivalents$351.6M-12.1%
Total debt$1.6B+2,034%
Total equity$1.8B+15.9%
Total assets$4.3B+105%

Cash flow

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Operating cash flow-$165.7M-268%
CapEx$4.1M-59.5%
Free cash flow-$169.8M-291%

Valuation

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Market cap$7.5B+9.7%
Enterprise value$8.73B+41.2%
P/E49.1×+29.7×
P/S4.8×+0.3×

Profitability

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Gross margin86.6%+2.2pp
Operating margin12.3%-13.6pp
Net margin9.8%-13.5pp
FCF margin14.2%-17.6pp

Returns & leverage

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Return on equity9.4%-16.1pp
Debt / equity0.9×+0.9×
Current ratio2.3×-1.1×

Where this comes from

Reported directly by Alkermes in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The official record: Alkermes’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alkermes's state US medicaid rebates — accounts payable current?
Alkermes (ALKS) reported state US medicaid rebates — accounts payable current of $38.6M in Q1 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 94.0% year-over-year, from $19.9M to $38.6M.
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.