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Axsome Therapeutics AXSM Total costs & expenses

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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
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:CostsAndExpenses.

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
Selling, general and administrative184,996120,787
Loss in fair value of contingent consideration5901,512
Intangible asset amortization1,5721,572
Total operating expenses254,560178,445
Loss from operations(63,357)(56,982)
Interest expense, net(1,185)(2,431)
Loss before income taxes(64,542)(59,413)
Income tax expense

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Axsome Therapeutics's total costs & expenses?
Axsome Therapeutics (AXSM) reported total costs & expenses of $254.56M in Q1 2026.
How has Axsome Therapeutics's total costs & expenses changed year-over-year?
Axsome Therapeutics's total costs & expenses increased by 42.7% year-over-year, from $178.45M to $254.56M.
What is the long-term trend for Axsome Therapeutics's total costs & expenses?
Over 4 years (2021 to 2025), Axsome Therapeutics's total costs & expenses has grown at a 59.4% compound annual growth rate (CAGR), from $124.71M to $805.26M.
What does total costs & expenses mean?
Total costs and expenses represent the aggregate of all operating and non-operating costs incurred by the company during a reporting period. This includes cost of revenue, R&D, SG&A, and other operational charges necessary to sustain the business.

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