Axsome Therapeutics (AXSM) Debt to Equity (2016 - 2026)

Axsome Therapeutics' (AXSM) quarterly Debt to Equity came in at $2.36 in Q1 2026, down 33.82% year-on-year from $3.57 in Q1 2025, and up 63.32% quarter-over-quarter from $1.45 in Q4 2025.

Axsome Therapeutics (AXSM) Debt to Equity (2016 - 2026) Analysis & Trends

Axsome Therapeutics has disclosed Debt to Equity across 11 years of filings, most recently posting $2.36 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $2.36, down 33.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.36 (down 33.82% YoY), and the FY2025 annual result was $1.45, down 54.35% from the prior year.
  • Debt to Equity came in at $2.36 for Q1 2026 at Axsome Therapeutics, up from $1.45 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $6.54 in Q2 2022 to a low of $0.64 in Q3 2022.
  • The 5-year median for Debt to Equity is $1.73 (2025), against an average of $2.06.
  • Across the five-year window, Debt to Equity surged 855.82% in 2022 and sank 89.96% in 2023, its largest moves.
  • Axsome Therapeutics' Debt to Equity stood at $0.91 in 2022, then advanced by 5.66% to $0.97 in 2023, then soared by 228.12% to $3.17 in 2024, then slumped by 54.35% to $1.45 in 2025, then jumped by 63.32% to $2.36 in 2026.
  • The last three Debt to Equity figures came in at $2.36 (Q1 2026), $1.45 (Q4 2025), and $1.73 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.32
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Axsome Therapeutics 12.84 Bn 12.54 Bn 176.48 Mn 2.36

Historic Data

Download Data
DateValue
Mar 31, 2026 2.36
Dec 31, 2025 1.45
Sep 30, 2025 1.73
Jun 30, 2025 2.57
Mar 31, 2025 3.57
Dec 31, 2024 3.17
Sep 30, 2024 2.03
Jun 30, 2024 1.81
Mar 31, 2024 1.28
Dec 31, 2023 0.97
Sep 30, 2023 0.68
Jun 30, 2023 0.66
Mar 31, 2023 1.37
Dec 31, 2022 0.91
Sep 30, 2022 0.64
Jun 30, 2022 6.54
Mar 31, 2022 3.36
Dec 31, 2021 3.14
Sep 30, 2021 1.15
Jun 30, 2021 0.68