Alkermes (ALKS) Research & Development (2010 - 2026)
Alkermes' (ALKS) quarterly Research & Development came in at $154.4 million in Q2 2026, up 27.39% year-over-year from $121.2 million in Q2 2025, and down 0.77% quarter-over-quarter from $155.6 million in Q1 2026.
Analysis
Alkermes (ALKS) Research & Development (2010 - 2026) Analysis & Trends
Alkermes (ALKS) has reported Research & Development for 17 consecutive years, with $154.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 27.39% year-over-year to $154.4 million in Q2 2026; TTM through Jun 2026 was $545.8 million, a 22.65% increase from a year earlier, with the FY2025 full-year figure at $480.0 million, up 7.57% from the prior year.
- Research & Development was $154.4 million for Q2 2026 at Alkermes, down from $155.6 million in the prior quarter.
- Over five years, Research & Development peaked at $293.3 million in Q4 2023 and troughed at $63.8 million in Q1 2023.
- A 5-year average of $117.7 million and a median of $109.3 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 697.6% in 2022 and plunged 66.28% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $103.0 million in 2022, then jumped by 184.86% to $293.3 million in 2023, then sank by 66.28% to $98.9 million in 2024, then advanced by 21.62% to $120.3 million in 2025, then advanced by 28.35% to $154.4 million in 2026.
- The last three Research & Development figures came in at $154.4 million (Q2 2026), $155.6 million (Q1 2026), and $120.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.84 Bn | 623.08 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 441.33 Bn | 434.76 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 364.84 Bn | 357.70 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 266.34 Bn | 258.65 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Pfizer | 159.07 Bn | 147.37 Bn | 10.94 Bn | 2.81 Bn |
| 6 | Sanofi | 52.48 Bn | 45.10 Bn | 10.79 Bn | -2.60 Bn |
| 7 | Revolution Medicines | 44.22 Bn | 44.22 Bn | - | 394.92 Mn |
| 8 | Incyte | 25.24 Bn | 20.70 Bn | 1.57 Bn | 516.95 Mn |
| 9 | United Therapeutics | 21.42 Bn | 18.76 Bn | 683.80 Mn | 146.30 Mn |
| 10 | Alkermes | 7.58 Bn | 6.92 Bn | 397.90 Mn | 154.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 154.36 Mn |
| Mar 31, 2026 | 155.56 Mn |
| Dec 31, 2025 | 120.27 Mn |
| Sep 30, 2025 | 115.63 Mn |
| Jun 30, 2025 | 121.18 Mn |
| Mar 31, 2025 | 122.93 Mn |
| Dec 31, 2024 | 98.89 Mn |
| Sep 30, 2024 | 102.04 Mn |
| Jun 30, 2024 | 119.67 Mn |
| Mar 31, 2024 | 125.62 Mn |
| Dec 31, 2023 | 293.28 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 |