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

Alkermes (ALKS) reported Research & Development of $103.3 million for Q1 2026, up 43.9% year-over-year from $71.8 million in Q1 2025, and up 11.08% quarter-over-quarter from $93.0 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.

  • Research & Development for Q1 2026 came in at $103.3 million, up 43.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $355.5 million (up 42.46% YoY), and the FY2025 annual result was $324.0 million, up 32.05% from the prior year.
  • Research & Development advanced to $103.3 million in Q1 2026 per ALKS's latest filing, from $93.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $103.3 million in Q1 2026 and troughed at -$16.6 million in Q4 2022.
  • A 5-year average of $71.5 million and a median of $71.8 million in 2025 frame the typical range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 546.62% in 2023 and fell as far as 35.4% in 2023.
  • A 5-year view of Research & Development shows it stood at -$16.6 million in 2022, then surged by 546.62% to $73.9 million in 2023, then slipped by 21.32% to $58.2 million in 2024, then jumped by 59.93% to $93.0 million in 2025, then rose by 11.08% to $103.3 million in 2026.
  • Business Quant data shows ALKS's Research & Development at $103.3 million in Q1 2026, $93.0 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 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 222.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 180.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 138.20 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 934,363.43
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 296.20 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 97.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 103.35 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 39.38 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 46.94 Mn
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 12.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.35 Mn
Dec 31, 2025 93.04 Mn
Sep 30, 2025 81.74 Mn
Jun 30, 2025 77.37 Mn
Mar 31, 2025 71.82 Mn
Dec 31, 2024 58.17 Mn
Sep 30, 2024 59.89 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 -16.55 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