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Other financials

Income statement

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Revenue$191.2M+57.4%
Gross profit$176.5M+58.0%
Operating income-$63.4M-11.2%
Net income-$64.5M-8.6%
EPS (diluted)-$1.26-3.3%

Balance sheet

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Cash & equivalents$305.1M+1.4%
Total debt$219.9M+4.1%
Total equity$54.6M+2.6%
Total assets$713.6M+19.6%

Cash flow

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Operating cash flow-$20.7M+52.3%
Free cash flow-$20.8M+52.4%

Valuation

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Market cap$10.95B+113%
Enterprise value$10.87B+114%
P/S15.5×+5.1×

Profitability

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Gross margin92.6%+1.1pp
Operating margin-24.4%-9.3pp
Net margin-26.6%-9.8pp
FCF margin-10.2%-3.9pp

Returns & leverage

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Return on equity-349.4%+109pp
Debt / equity+0.1×
Current ratio1.4×-0.6×

Where this comes from

Reported directly by Axsome Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Axsome Therapeutics’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 5:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-204274
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Operating lease liability(608)208
Net cash used in operating activities(20,700)(43,375)
Cash flows from investing activities
Purchases of equipment(121)(338)
Net cash used in investing activities(121)(338)
Cash flows from financing activities
Proceeds from draw down of debt70,000
Repayment of debt(70,000)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Axsome Therapeutics's capex?
Axsome Therapeutics (AXSM) reported capex of $121K in Q1 2026.
How has Axsome Therapeutics's capex changed year-over-year?
Axsome Therapeutics's capex decreased by 64.2% year-over-year, from $338K to $121K.
What is the long-term trend for Axsome Therapeutics's capex?
Over 4 years (2021 to 2025), Axsome Therapeutics's capex has grown at a 11.7% compound annual growth rate (CAGR), from $308K to $480K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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