Growth Metrics

Alkermes (ALKS) Operating Expenses (2016 - 2025)

Alkermes (ALKS) has disclosed Operating Expenses for 16 consecutive years, with -$883.2 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 7.7% to -$883.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $12.3 million, a 75.22% decrease, with the full-year FY2025 number at $12.3 million, down 75.22% from a year prior.
  • Operating Expenses was -$883.2 million for Q4 2025 at Alkermes, down from $305.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $336.1 million in Q2 2023 to a low of -$883.2 million in Q4 2025.
  • A 5-year average of $116.3 million and a median of $295.2 million in 2025 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: tumbled 543.68% in 2022, then soared 122.98% in 2023.
  • Alkermes' Operating Expenses stood at $195.0 million in 2021, then crashed by 543.68% to -$865.4 million in 2022, then skyrocketed by 122.98% to $198.9 million in 2023, then crashed by 512.32% to -$820.1 million in 2024, then decreased by 7.7% to -$883.2 million in 2025.
  • Per Business Quant, the three most recent readings for ALKS's Operating Expenses are -$883.2 million (Q4 2025), $305.1 million (Q3 2025), and $297.7 million (Q2 2025).