Alkermes (ALKS) Operating Expenses (2010 - 2026)

Over the trailing twelve months to Jun 30, 2026, Alkermes reported Operating Expenses of $1.55 billion, up 37.1% year-over-year; for FY2025, it came in at $1.22 billion, up 7.5% from FY2024.

• Operating Expenses carries a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
• Going back by year, Operating Expenses was $1.14 billion in FY2024 (-9.0%), $1.25 billion in FY2023 (+11.8%), $1.12 billion in FY2022 (+3.9%) and $1.08 billion in FY2021 (-6.5%).
• The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q1 2013.
• Year-over-year, Operating Expenses has increased for five consecutive quarters, with growth averaging 15.0% over the last eight quarters.
• The fastest year-over-year change in Operating Expenses over five years came in Q4 2023 (growth of 70.7%), and the weakest in Q4 2021 (a decline of 37.2%).
• Business Quant data shows ALKS's Operating Expenses at $441.19 million (Q1 2026), $326.44 million (Q4 2025) and $305.1 million (Q3 2025) in the three quarters before Q2 2026.