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Alkermes ALKS Operating margin

Operating margin at other companies

Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
-11.9%-28.1pp
AbbVie logo
AbbVieABBV
24.4%
Axsome Therapeutics logo
Axsome TherapeuticsAXSM
-24.4%-9.3pp
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-33.3%-11.0pp
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
25.4%+4.9pp
Arrowhead Research logo
Arrowhead ResearchARWR
-35.7%+63.6pp

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
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

Calculated from Alkermes’s reported figures.

Based on trailing twelve months.

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 operating margin?
Alkermes (ALKS) reported operating margin of 12.3% in Q1 2026.
How has Alkermes's operating margin changed year-over-year?
Alkermes's operating margin decreased by 52.5% year-over-year, from 25.8% to 12.3%.
What is the long-term trend for Alkermes's operating margin?
Over 4 years (2020 to 2025), Alkermes's operating margin has grown at a 12.3% compound annual growth rate (CAGR), from -10.8% to 17.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.