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Alnylam Pharmaceuticals ALNY Royalty revenue — 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$30.6B-45.5%
Enterprise value$29.15B-47.3%
P/E41.8×
P/S6.4×-16.4×

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
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
Cost of collaborations and royalties1909243,7921,782

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FAQ

What is Alnylam Pharmaceuticals's royalty revenue — total revenues?
Alnylam Pharmaceuticals (ALNY) reported royalty revenue — total revenues of $71.67M in Q2 2026.
How has Alnylam Pharmaceuticals's royalty revenue — total revenues changed year-over-year?
Alnylam Pharmaceuticals's royalty revenue — total revenues increased by 79.3% year-over-year, from $39.98M to $71.67M.
What is the long-term trend for Alnylam Pharmaceuticals's royalty revenue — total revenues?
Over 4 years (2021 to 2025), Alnylam Pharmaceuticals's royalty revenue — total revenues has grown at a 247.3% compound annual growth rate (CAGR), from $1.2M to $174.02M.
What does royalty revenue — total revenues mean?
This metric represents the total revenue generated from royalty payments earned through licensing intellectual property or therapeutic assets to third-party partners. It reflects the company's ability to monetize its research and development pipeline by allowing external entities to commercialize its proprietary technology in exchange for a percentage of net sales. Growth in this segment indicates successful long-term strategic partnerships and the market adoption of licensed therapies.

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