AXSM
Axsome Therapeutics, Inc.146.87
+0.63+0.43%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A clarifies ADA GTN upside
Q&A largely reaffirmed prepared remarks on robust Auvelity and Sunosi growth plus pipeline momentum, but clarified favorable gross-to-net shifts for Auvelity's pending ADA label from 70%+ Medicare scripts versus commercial MDD. Management detailed sales force expansion to 600 reps targeting primary care for both indications, while confirming FDA alignments preclude one-trial paths for ADHD pediatrics. They expressed optimism on Cymbravo coverage gains post-GPO contracts and AXS-17 epilepsy focus amid dose explorations. No walk-backs; tone confident. Watch ADA launch speed and pipeline catalysts.
Key Stats
Market Cap
7.40BP/E (TTM)
-Basic EPS (TTM)
-4.67Dividend Yield
0%Recent Filings
10-K
FY2025 results
Axsome Therapeutics posted $638.5 million in total revenues for FY2025 ended December 31, 2025, up 66% year-over-year from three commercial CNS products: AUVELITY, SUNOSI, and SYMBRAVO launched mid-year. Quarterly breakdowns not disclosed in the 10-K. Q4 saw FDA acceptance of AXS-05 sNDA for Alzheimer's agitation under Priority Review, PDUFA April 30, 2026. Pipeline advances in ADHD, narcolepsy, and fibromyalgia signal momentum. Cash position supports operations. Revenue relies heavily on payer acceptance.
8-K
Axsome crushes revenue targets
Axsome Therapeutics posted Q4 net product revenue of $196.0 million, up 65% year-over-year, and full-year $638.5 million, up 66%, fueled by AUVELITY's 68%/74% growth to $155.1/$507.1 million while SUNOSI rose 40%/32%. Pipeline advances include AXS-05 sNDA Priority Review with PDUFA April 30, 2026, AXS-12 NDA filing this quarter, and AXS-17 acquisition for epilepsy. Cash hits $322.9 million; sufficient for cash flow positivity. Losses narrowed sharply.
8-K
Settles SUNOSI generic litigation
Axsome Therapeutics settled patent litigation with Alkem Laboratories over generic SUNOSI, granting a license starting March 1, 2040, or September 1, 2040 with pediatric exclusivity—subject to FDA approval. The deal awaits FTC and DOJ review. Litigation with another party persists. Patent protection holds for 14+ years.
8-K
Axsome's 66% revenue surge
Axsome Therapeutics reported preliminary 2025 net product revenue of $638.5 million, up 66% from 2024, with Q4 at $196.0 million, up 65%. AUVELITY drove $507.1 million yearly, SUNOSI $124.8 million, and new SYMBRAVO $6.6 million post-June launch. Figures await final audit. Revenue powers CNS growth.
8-K
FDA Priority Review for AXS-05
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