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R&D at other companies

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$3.51B+28.4%
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$126.64M+13.6%
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BiogenBIIB
$539M+24.2%

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$12.89B+52.0%
Enterprise value$12.81B+52.9%
P/S18.2×-1.4×

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:ResearchAndDevelopmentExpense.

The official record: Axsome Therapeutics’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axsome Therapeutics's R&D?
Axsome Therapeutics (AXSM) reported R&D of $52.68M in Q1 2026.
How has Axsome Therapeutics's R&D changed year-over-year?
Axsome Therapeutics's R&D increased by 17.6% year-over-year, from $44.79M to $52.68M.
What is the long-term trend for Axsome Therapeutics's R&D?
Over 4 years (2021 to 2025), Axsome Therapeutics's R&D has grown at a 33.3% compound annual growth rate (CAGR), from $58.06M to $183.28M.
What does R&D mean?
Spending dedicated to the discovery and clinical development of new medical treatments.
How do you interpret R&D?
Higher spending indicates a robust pipeline investment, though it may temporarily reduce current profitability.
How does R&D compare across companies?
High for clinical-stage biotechs; investors compare this against the size and stage of the clinical pipeline.