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Collegium Pharmaceutical, Inc. COLL Segment — Commercial expenses

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Other financials

Income statement

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Revenue$199.9M+6.3%
Gross profit$110.3M+1.8%
Operating income$3.7M-89.5%
Net income-$15.1M-226%
EPS (diluted)-$0.46-235%

Balance sheet

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Cash & equivalents$150.4M+8.8%
Total debt$5.0M-19.8%
Total equity$311.9M+34.3%
Total assets$2.1B+34.1%

Cash flow

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Operating cash flow$71.3M-1.5%
CapEx$496.0K+663%
Free cash flow$70.8M-2.1%

Valuation

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Market cap$955.82M-16.0%
Enterprise value$810.41M-19.5%
P/E20×-11.4×
P/S1.2×-0.4×

Profitability

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Gross margin60%+3.3pp
Operating margin19.5%+1.1pp
Net margin5.9%+0.8pp
FCF margin40.6%+10.8pp

Returns & leverage

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Return on equity17.6%+1.4pp
Debt / equity0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Collegium Pharmaceutical, Inc. in its filing.

Tagged under the XBRL concept coll:CommercialExpenses.

The source filing: Collegium Pharmaceutical, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053851
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Product revenues, net$199,878$188,000$393,398$365,757
Cost of product revenues (excluding intangible asset amortization)26,63324,14347,43449,103
Intangible asset amortization62,95355,473118,426110,946
Commercial expenses46,40344,11593,76084,908
Corporate expenses12,1639,80126,70323,090
Medical expenses7,8997,83215,04715,865
Technical operations expenses165136415234
Stock-based compensation expense14,48410,81825,36422,342

Item 1. Condensed Consolidated Financial Statements (Unaudited).

FAQ

What is Collegium Pharmaceutical, Inc.'s segment — commercial expenses?
Collegium Pharmaceutical, Inc. (COLL) reported segment — commercial expenses of $46.4M in Q2 2026.
How has Collegium Pharmaceutical, Inc.'s segment — commercial expenses changed year-over-year?
Collegium Pharmaceutical, Inc.'s segment — commercial expenses increased by 5.2% year-over-year, from $44.12M to $46.4M.
What is the long-term trend for Collegium Pharmaceutical, Inc.'s segment — commercial expenses?
Over 3 years (2022 to 2025), Collegium Pharmaceutical, Inc.'s segment — commercial expenses has grown at a 32.9% compound annual growth rate (CAGR), from $68.83M to $161.5M.
What does segment — commercial expenses mean?
Encompasses costs related to sales, marketing, and promotional activities required to drive product adoption and maintain market share. These expenditures are critical for assessing the company's investment in commercial growth and customer acquisition.

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