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| Date | Value |
|---|---|
| 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 |