Axsome Therapeutics (AXSM) Operating Margin (2022 - 2026)

Axsome Therapeutics' (AXSM) quarterly Operating Margin came in at 33.14% in Q1 2026, up 1378.0% year-on-year from 2.24% in Q1 2025, and down 164.1% quarter-over-quarter from 51.7% in Q4 2025.

Axsome Therapeutics (AXSM) Operating Margin (2022 - 2026) Analysis & Trends

Axsome Therapeutics has disclosed Operating Margin across 5 years of filings, most recently posting 33.14% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 33.14%, up 1378.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.33% (up 7977.0% YoY), and the FY2025 annual result was 6.03%, up 6672.0% from the prior year.
  • Operating Margin came in at 33.14% for Q1 2026 at Axsome Therapeutics, down from 51.7% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 51.7% in Q4 2025 to a low of 14523.4% in Q4 2024.
  • The 5-year median for Operating Margin is 89.62% (2024), against an average of 1010.94%.
  • Across the five-year window, Operating Margin tumbled 1438601 bps in 2024 and surged 1457510 bps in 2025, its largest moves.
  • Axsome Therapeutics' Operating Margin stood at 245.86% in 2022, then jumped by 44 bps to 137.39% in 2023, then tumbled by 10471 bps to 14523.4% in 2024, then soared by 100 bps to 51.7% in 2025, then sank by 164 bps to 33.14% in 2026.
  • The last three Operating Margin figures came in at 33.14% (Q1 2026), 51.7% (Q4 2025), and 26.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (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 -6.43%
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 38.10%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Axsome Therapeutics 12.84 Bn 12.54 Bn 176.48 Mn -33.14%

Historic Data

Download Data
DateValue
Mar 31, 2026 -33.14%
Dec 31, 2025 51.70%
Sep 30, 2025 -26.97%
Jun 30, 2025 -24.47%
Mar 31, 2025 -46.91%
Dec 31, 2024 -14,523.40%
Sep 30, 2024 -59.78%
Jun 30, 2024 -89.54%
Mar 31, 2024 -89.70%
Dec 31, 2023 -137.39%
Sep 30, 2023 -107.49%
Jun 30, 2023 -139.31%
Mar 31, 2023 -6.74%
Dec 31, 2022 -245.86%
Sep 30, 2022 -251.76%
Jun 30, 2022 -444.23%