Alkermes (ALKS) Research & Development (2010 - 2026)

Alkermes' (ALKS) quarterly Research & Development came in at $103.3 million in Q1 2026, up 43.9% year-on-year from $71.8 million in Q1 2025, and down 58.51% on a QoQ basis from $249.1 million in Q4 2025.

Alkermes (ALKS) Research & Development (2010 - 2026) Analysis & Trends

Alkermes (ALKS) has 17 years of Research & Development data on file, last reported at $103.3 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 43.9% year-over-year to $103.3 million in Q1 2026; TTM through Mar 2026 was $511.5 million, a 53.89% increase from a year earlier, with the FY2025 full-year figure at $480.0 million, up 7.57% from the prior year.
  • Research & Development for Q1 2026 stood at $103.3 million, down from $249.1 million in the prior quarter.
  • Over the last five years, Research & Development for ALKS reached as high as $249.1 million in Q4 2025 and fell as low as $59.6 million in Q2 2024.
  • Historically, Research & Development has averaged $92.6 million across 5 years, with a median of $81.7 million in 2025.
  • Across the five-year window, Research & Development jumped 697.6% in 2022 and slumped 35.4% in 2023, its largest moves.
  • Year by year, Research & Development stood at $103.0 million in 2022, then dropped by 28.19% to $73.9 million in 2023, then jumped by 33.75% to $98.9 million in 2024, then jumped by 151.89% to $249.1 million in 2025, then plunged by 58.51% to $103.3 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $103.3 million in Q1 2026, $249.1 million in Q4 2025, and $81.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 138.20 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 97.00 Mn
10 Alkermes 8.78 Bn 8.27 Bn 331.33 Mn 103.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.35 Mn
Dec 31, 2025 249.09 Mn
Sep 30, 2025 81.74 Mn
Jun 30, 2025 77.37 Mn
Mar 31, 2025 71.82 Mn
Dec 31, 2024 98.89 Mn
Sep 30, 2024 102.04 Mn
Jun 30, 2024 59.65 Mn
Mar 31, 2024 67.61 Mn
Dec 31, 2023 73.93 Mn
Sep 30, 2023 64.88 Mn
Jun 30, 2023 68.23 Mn
Mar 31, 2023 63.77 Mn
Dec 31, 2022 102.96 Mn
Sep 30, 2022 100.43 Mn
Jun 30, 2022 92.87 Mn
Mar 31, 2022 95.95 Mn
Dec 31, 2021 -17.23 Mn
Sep 30, 2021 118.41 Mn
Jun 30, 2021 97.47 Mn