Alkermes Plc (ALKS) financial statements
Alkermes Plc reported revenue of $1.5B in fiscal 2025, up 7.9% a year over 9 years.
Net income was $242M and the operating margin 17.2%, against -28.0% in 2016.
Free cash flow was $480M.
The diluted share count rose 11% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Alkermes Plc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $746M | $903M | $1.1B | $1.2B | $1.0B | $1.2B | $1.1B | $1.7B | $1.6B | $1.5B |
| Cost of revenue | $132M | $155M | $176M | $180M | $178M | $197M | $218M | $253M | $245M | $196M |
| Gross profit | $614M | $749M | $918M | $991M | $860M | $976M | $894M | $1.4B | $1.3B | $1.3B |
| Research and development | $387M | $413M | $425M | $513M | $395M | $291M | $273M | $271M | $245M | $324M |
| Selling, general and admin | $374M | $422M | $526M | $599M | $539M | $550M | $591M | $690M | $645M | $702M |
| Operating income | -$209M | -$148M | -$99M | -$175M | -$112M | $98M | -$6M | $414M | $421M | $254M |
| Interest expense | $15M | $12M | $15M | $14M | $9M | $11M | $13M | $23M | $23M | $12M |
| Pre-tax income | -$214M | -$143M | -$127M | -$197M | -$97M | $88M | -$31M | $422M | $444M | $291M |
| Income tax | -$6M | $15M | $12M | -$436,000 | $14M | $11M | $2M | -$98M | $72M | $50M |
| Net income | -$208M | -$158M | -$139M | -$197M | -$111M | -$48M | -$158M | $356M | $367M | $242M |
| EPS (diluted) | -$1.38 | -$1.03 | -$0.90 | -$1.25 | -$0.70 | -$0.29 | -$0.97 | $2.10 | $2.17 | $1.43 |
| Diluted shares | 151M | 153M | 155M | 157M | 159M | 165M | 164M | 170M | 169M | 169M |
| Gross margin | 82.3% | 82.9% | 83.9% | 84.6% | 82.8% | 83.2% | 80.4% | 84.8% | 84.2% | 86.7% |
| Operating margin | -28.0% | -16.4% | -9.1% | -15.0% | -10.8% | 8.3% | -0.5% | 24.9% | 27.0% | 17.2% |
| Net margin | -28.0% | -17.5% | -12.7% | -16.8% | -10.7% | -4.1% | -14.2% | 21.4% | 23.6% | 16.4% |
Balance sheet
Fiscal years, from Alkermes Plc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $497M | $434M | $539M | $535M | $635M | $536M | $608M | $773M | $752M | $588M |
| Receivables | $191M | $234M | $292M | $257M | $275M | $313M | $288M | $332M | $385M | $334M |
| Inventory | $63M | $93M | $90M | $102M | $126M | $150M | $181M | $186M | $183M | $197M |
| Total current assets | $791M | $809M | $983M | $962M | $1.1B | $1.1B | $1.1B | $1.5B | $1.4B | $1.9B |
| Property, plant and equipment | $265M | $285M | $310M | $362M | $350M | $341M | $223M | $227M | $228M | $222M |
| Goodwill | $93M | $93M | $93M | $93M | $93M | $93M | $83M | $83M | $83M | $83M |
| Total assets | $1.7B | $1.8B | $1.8B | $1.8B | $1.9B | $2.0B | $2.0B | $2.1B | $2.1B | $2.5B |
| Total current liabilities | $212M | $291M | $340M | $391M | $438M | $471M | $498M | $520M | $465M | $543M |
| Long-term debt | $281M | $278M | $276M | $274M | $272M | $293M | $290M | $288M | — | $0 |
| Total liabilities | $517M | $594M | $654M | $720M | $883M | $912M | $920M | $934M | $591M | $668M |
| Shareholders' equity | $1.2B | $1.2B | $1.2B | $1.1B | $1.1B | $1.1B | $1.0B | $1.2B | $1.5B | $1.8B |
| Net debt | $97M | $90M | $13M | $73M | $2M | -$42M | $797,000 | -$167M | -$291M | -$389M |
Cash flow
Fiscal years, from Alkermes Plc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$64M | $19M | $99M | $72M | $83M | $102M | $21M | $401M | $439M | $521M |
| Capital spending | $44M | $51M | $69M | $91M | $42M | $28M | $38M | $48M | $33M | $40M |
| Free cash flow | -$107M | -$32M | $30M | -$19M | $41M | $74M | -$17M | $353M | $406M | $480M |
| Stock-based compensation | $94M | $84M | $105M | $101M | $90M | $88M | $94M | $101M | $97M | $99M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | -$200M | — |
| Net borrowing | -$3M | -$3M | -$743,000 | -$3M | -$3M | $21M | -$3M | -$3M | -$2M | — |
| Free cash flow margin | -14.4% | -3.6% | 2.7% | -1.6% | 3.9% | 6.3% | -1.5% | 21.2% | 26.0% | 32.5% |
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Open ALKS in InvestinglyQuestions
What was Alkermes Plc's revenue in 2025?
$1.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Alkermes Plc generate?
$480M in fiscal 2025 (operating cash flow minus capital spending).
From Alkermes Plc's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.