Alkermes (ALKS) Operating Expenses (2010 - 2026)

Alkermes (ALKS) reported Operating Expenses of $441.2 million for Q1 2026, up 50.72% year-over-year from $292.7 million in Q1 2025, and up 149.95% quarter-over-quarter from -$883.2 million in Q4 2025.

Alkermes (ALKS) Operating Expenses (2010 - 2026) Analysis & Trends

Alkermes (ALKS) has 17 years of Operating Expenses data on file, last reported at $441.2 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $441.2 million, up 50.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$429.8 million (up 14.07% YoY), and the FY2025 annual result was $12.3 million, down 75.22% from the prior year.
  • Operating Expenses advanced to $441.2 million in Q1 2026 per ALKS's latest filing, from -$883.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $441.2 million in Q1 2026 and troughed at -$883.2 million in Q4 2025.
  • A 5-year average of $102.6 million and a median of $292.7 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 70.74% in 2023, then slumped 354.02% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $189.1 million in 2022, then soared by 70.74% to $322.8 million in 2023, then tumbled by 354.02% to -$820.1 million in 2024, then dropped by 7.7% to -$883.2 million in 2025, then jumped by 149.95% to $441.2 million in 2026.
  • Business Quant data shows ALKS's Operating Expenses at $441.2 million in Q1 2026, -$883.2 million in Q4 2025, and $6.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 526.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 441.19 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 96.91 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 475.11 Mn
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 71.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 441.19 Mn
Dec 31, 2025 -883.21 Mn
Sep 30, 2025 6.32 Mn
Jun 30, 2025 5.88 Mn
Mar 31, 2025 292.72 Mn
Dec 31, 2024 -820.10 Mn
Sep 30, 2024 11.98 Mn
Jun 30, 2024 15.24 Mn
Mar 31, 2024 307.06 Mn
Dec 31, 2023 322.84 Mn
Sep 30, 2023 291.74 Mn
Jun 30, 2023 336.13 Mn
Mar 31, 2023 298.57 Mn
Dec 31, 2022 189.08 Mn
Sep 30, 2022 313.00 Mn
Jun 30, 2022 310.68 Mn
Mar 31, 2022 305.13 Mn
Dec 31, 2021 195.05 Mn
Sep 30, 2021 313.80 Mn
Jun 30, 2021 299.30 Mn