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Alnylam Pharmaceuticals ALNY Net product revenues — Total revenues

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Other financials

Income statement

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Revenue$1.3B+66.9%
Gross profit$992.7M+57.2%
Operating income$231.4M+1,529%
Net income$164.5M+348%
EPS (diluted)$1.21+337%

Balance sheet

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Cash & equivalents$1.7B+53.2%
Total debt$256.4M-5.2%
Total equity$1.4B+440%
Total assets$5.6B+21.7%

Cash flow

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Operating cash flow$326.7M+113%
CapEx$34.7M+143%
Free cash flow$292.0M+109%

Valuation

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Market cap$28.92B-48.5%
Enterprise value$27.47B-50.3%
P/E39.5×
P/S-16.8×

Profitability

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Gross margin79.8%-4.1pp
Operating margin20.8%+16.5pp
Net margin15.3%+10.7pp
FCF margin16.5%+14.8pp

Returns & leverage

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Return on equity91.4%
Debt / equity0.2×-0.9×
Current ratio3.1×+0.3×

Where this comes from

Reported directly by Alnylam Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Alnylam Pharmaceuticals’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 8:11 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001178670-26-000062
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Statements of Operations
Revenues:
Net product revenues$1,172,109$672,212$2,208,236$1,140,750
Net revenues from collaborations47,16561,496129,240160,681
Royalty revenue71,67439,981120,64766,447
Total revenues1,290,948773,6892,458,1231,367,878
Operating costs and expenses:
Cost of goods sold298,261142,029505,781212,212

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FAQ

What is Alnylam Pharmaceuticals's net product revenues — total revenues?
Alnylam Pharmaceuticals (ALNY) reported net product revenues — total revenues of $1.17B in Q2 2026.
How has Alnylam Pharmaceuticals's net product revenues — total revenues changed year-over-year?
Alnylam Pharmaceuticals's net product revenues — total revenues increased by 74.4% year-over-year, from $672.21M to $1.17B.
What is the long-term trend for Alnylam Pharmaceuticals's net product revenues — total revenues?
Over 4 years (2021 to 2025), Alnylam Pharmaceuticals's net product revenues — total revenues has grown at a 45.7% compound annual growth rate (CAGR), from $662.14M to $2.99B.
What does net product revenues — total revenues mean?
This metric represents the total gross revenue generated from the sale of pharmaceutical products after accounting for returns, rebates, and other sales deductions. It serves as a primary indicator of commercial adoption and market penetration for the company's therapeutic portfolio. Growth in this figure reflects the successful scaling of commercialized assets and the effectiveness of the company's go-to-market strategy.

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