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Axsome Therapeutics AXSM Free cash flow margin

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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%
CapEx$121.0K-64.2%
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

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

Calculated from Axsome Therapeutics’s reported figures.

Based on trailing twelve months.

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

Filed
May 4, 2026, 5:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-204274

FAQ

What is Axsome Therapeutics's free cash flow margin?
Axsome Therapeutics (AXSM) reported free cash flow margin of -10.2% in Q1 2026.
How has Axsome Therapeutics's free cash flow margin changed year-over-year?
Axsome Therapeutics's free cash flow margin increased by 63.0% year-over-year, from -27.5% to -10.2%.
What is the long-term trend for Axsome Therapeutics's free cash flow margin?
Over 3 years (2022 to 2025), Axsome Therapeutics's free cash flow margin has grown at a -60.1% compound annual growth rate (CAGR), from -234.3% to -14.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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