Financials · ACAD

ACADIA Pharmaceuticals Inc. (ACAD) financials

For the twelve months ended Sep 30, 2026, ACADIA Pharmaceuticals Inc. reported $1.20B of revenue and $362.23M of net income.

Revenue, TTM
$1.20B
Revenue growth, YoY
+14.8%
Net income, TTM
$362.23M
Net income growth, YoY
+38.7%
Net margin
30.1%
Free cash flow, TTM
$81.99M
EPS, diluted, TTM
$2.12
EPS growth, YoY
+36.8%
Cash
$322.37M
P/E
7.87
P/S
2.37
Market cap
$2.85B
Annual revenue$1.07B
FY2016FY2025
Annual net income$391.00M
FY2016FY2025
Annual free cash flow$105.15M
FY2016FY2025

ACAD revenue and earnings growth

ACAD revenueQ3 2026$342.29M

Quarter YoY
+22.8%
QoQ
+11.1%
FY YoY
+11.9%
5Y CAGR
+19.4%
10Y CAGR
+165.7%

ACAD revenue was $342.29M in fiscal Q3 2026 (ended Sep 30, 2026), up 22.8% from a year earlier and up 11.1% from the prior quarter. For the full fiscal 2025 it was $1.07B, up 11.9% from fiscal 2024. Compound annual growth was +19.4% over 5 years and +165.7% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

ACAD net incomeQ3 2026$53.52M

Quarter YoY
-25.4%
QoQ
+69.9%
FY YoY
+72.7%

ACAD net income was $53.52M in fiscal Q3 2026 (ended Sep 30, 2026), down 25.4% from a year earlier and up 69.9% from the prior quarter. For the full fiscal 2025 it was $391.00M, up 72.7% from fiscal 2024. Fiscal 2025 is the highest of the 15 fiscal years on file.

ACAD EPSQ3 2026$0.31

Quarter YoY
-26.2%
QoQ
+72.2%
FY YoY
+69.1%

ACAD diluted EPS was $0.31 in fiscal Q3 2026 (ended Sep 30, 2026), down 26.2% from a year earlier and up 72.2% from the prior quarter. For the full fiscal 2025 it was $2.30, up 69.1% from fiscal 2024.

ACAD free cash flowQ3 2026$10.26M

Quarter YoY
-86.1%
QoQ
-89.3%
FY YoY
-33.1%

ACAD free cash flow was $10.26M in fiscal Q3 2026 (ended Sep 30, 2026), down 86.1% from a year earlier and down 89.3% from the prior quarter. For the full fiscal 2025 it was $105.15M, down 33.1% from fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$1.07B$957.80M$726.44M$517.24M$484.14M$441.75M$339.08M$223.81M$124.90M$17.33M
Cost of revenue$89.00M$81.84M$41.64M$10.17M$19.14M$10.21M$11.34M$12.38M$9.08M$3.08M
Gross profit$982.51M$875.96M$684.80M$507.07M$473.30M$431.54M$327.73M$211.43M$115.82M$14.25M
Research and development$328.80M$303.25M$351.62M$361.57M$239.41M$319.13M$240.38M$187.16M$149.19M$99.28M
Selling, general and admin$548.89M$488.43M$406.56M$369.09M$396.03M$388.66M$325.64M$265.76M$255.06M$186.46M
Operating income$104.81M$230.79M-$73.38M-$223.60M-$170.44M-$286.59M-$246.54M-$247.44M-$292.41M-$272.81M
Pre-tax income$138.90M$258.07M-$51.04M-$213.44M-$167.52M-$280.97M-$234.38M-$243.94M-$288.28M-$270.05M
Income tax-$252.10M$31.62M$10.25M$2.53M$351.0K$611.0K$876.0K$1.26M$1.12M$1.34M
Net income$391.00M$226.45M-$61.29M-$215.97M-$167.87M-$281.58M-$235.26M-$245.19M-$289.40M-$271.39M
EPS, basic$2.32$1.37-$0.37-$1.34-$1.05-$1.79-$1.60-$1.94-$2.36-$2.34
EPS, diluted$2.30$1.36-$0.37-$1.34-$1.05-$1.79-$1.60-$1.94-$2.36-$2.34
Diluted shares169.9M166.4M163.8M161.7M160,493157,331147.2M126.6M122.6M115.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$177.69M$319.59M$188.66M$114.85M$147.44M$326.03M$189.68M$134.76M$69.42M$163.62M
Receivables$121.46M$98.74M$98.27M$62.20M$64.37M$48.25M$35.78M$26.09M$17.34M$5.90M
Inventory$111.37M$91.69M$40.45M$11.56M$14.10M$9.68M$6.34M$4.07M$5.25M$4.17M
Current assets$1.06B$938.32M$616.13M$507.94M$617.82M$717.62M$760.25M$526.11M$373.48M$547.90M
Total assets$1.56B$1.19B$748.96M$587.81M$700.12M$782.62M$783.18M$540.20M$384.51M$561.15M
Current liabilities$277.11M$394.87M$254.25M$125.63M$96.07M$105.97M$74.83M$59.56M$49.03M$42.59M
Total liabilities$336.81M$454.96M$317.20M$187.40M$159.23M$155.61M$84.05M$61.12M$49.22M$42.74M
Shareholders' equity$1.23B$732.79M$431.75M$400.41M$540.89M$627.01M$699.13M$479.08M$335.29M$518.41M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$109.84M$157.72M$16.70M-$114.03M-$125.66M-$136.17M-$151.13M-$167.47M-$217.76M-$208.41M
Capital expenditures$4.69M$523.0K$50.0K$0$1.12M$7.59M$1.13M$2.10M$812.0K$1.51M
Free cash flow$105.15M$157.20M$16.65M-$114.03M-$126.78M-$143.75M-$152.26M-$169.57M-$218.57M-$209.91M
Investing cash flow-$302.56M-$30.54M$32.00M$73.24M-$71.10M$192.51M-$165.84M-$71.49M$92.47M-$261.92M
Financing cash flow$49.88M$6.84M$25.13M$8.20M$18.16M$81.00M$371.85M$306.65M$31.19M$533.81M
Stock-based compensation$52.13M$67.05M$66.42M$68.20M$63.62M$84.42M$82.27M$81.56M$75.53M$55.27M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY11.9%31.8%40.4%6.8%9.6%30.3%51.5%79.2%620.7%28311.5%
Net income growth, YoY72.7%---------
EPS growth, YoY69.1%---------
Gross margin91.7%91.5%94.3%98.0%97.8%97.7%96.7%94.5%92.7%82.2%
Operating margin9.8%24.1%-10.1%-43.2%-35.2%-64.9%-72.7%-110.6%-234.1%-1574.1%
Net margin36.5%23.6%-8.4%-41.8%-34.7%-63.7%-69.4%-109.6%-231.7%-1565.9%
Free cash flow margin9.8%16.4%2.3%-22.0%-26.2%-32.5%-44.9%-75.8%-175.0%-1211.2%
Return on equity31.9%30.9%-14.2%-53.9%-31.0%-44.9%-33.7%-51.2%-86.3%-52.4%
Return on assets25.0%19.1%-8.2%-36.7%-24.0%-36.0%-30.0%-45.4%-75.3%-48.4%
Current ratio3.832.382.424.046.436.7710.168.837.6212.87

Source: XBRL data ACADIA Pharmaceuticals Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ACAD peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ACAD$1.20B+14.8%$362.23M30.1%$2.85B
LLY$86.46B+45.5%$27.58B31.9%$1.33T
JNJ$99.33B+7.8%$16.09B16.2%$679.13B
ABBV$66.01B+10.7%$10.34B15.7%$518.44B
MRK$67.38B+4.9%$2.45B3.6%$366.73B
NVS$54.53B+8.4%$13.98B25.6%$312.35B
AZN$58.74B+8.6%$10.22B17.4%$293.69B
ABT$48.23B+10.0%$4.70B9.7%$191.40B
NVODKK 309.06B+6.4%DKK 102.43B33.1%$183.23B

ACAD FAQ

9 questions
  • What is ACAD revenue?
    ACADIA Pharmaceuticals Inc. (ACAD) reported $1.20B of revenue for the twelve months ended Sep 30, 2026. That is up 14.8% from the year before. Revenue for fiscal 2025 was $1.07B.
  • Is ACAD profitable?
    Yes. ACADIA Pharmaceuticals Inc. earned $362.23M in net income for the twelve months ended Sep 30, 2026, a net margin of 30.1%.
  • How much cash and debt does ACAD have?
    ACADIA Pharmaceuticals Inc. reported $322.37M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is ACAD revenue growing?
    ACADIA Pharmaceuticals Inc.'s revenue changed +11.9% in fiscal 2025, to $1.07B. Its compound annual growth rate was +19.4% over 5 years and +165.7% over 10 years.
  • What is ACAD gross margin?
    ACADIA Pharmaceuticals Inc.'s gross profit was $1.09B on $1.20B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 90.5%.
  • What is ACAD free cash flow?
    ACADIA Pharmaceuticals Inc. generated $81.99M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $97.53M less capital expenditures.
  • What is ACAD earnings per share?
    Diluted earnings per share were $2.12 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ACAD last report financial results?
    The latest statements here come from ACADIA Pharmaceuticals Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this ACAD financial data come from?
    Quantisnow builds these statements from the structured XBRL data ACADIA Pharmaceuticals Inc. files with the SEC. It is provided for information only and is not investment advice.