ALNYLAM PHARMACEUTICALS, INC.
ALNYLAM PHARMACEUTICALS, INC.
ALNYLAM PHARMACEUTICALS, INC. (ALNY) — SEC Financial Statements & Analysis
ALNYLAM PHARMACEUTICALS, INC. (ALNY) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,657 | 1,490 | 1,114 | 1,020 | 966 | 1,100 | 968 | 682 | 813 | 1,033 | 658 | 672 | |||||
Available For Sale Securities Debt Securities Curr… | 1,251 | 1,234 | 1,744 | 1,605 | 1,720 | 1,672 | 1,646 | 1,678 | 1,616 | 1,363 | 1,372 | 1,373 | |||||
Equity Securities Fv Ni | 0 | 0 | 0 | 7 | 8 | 8 | 10 | 11 | 11 | 10 | 27 | 26 | |||||
Accounts Receivable Net Current | 778 | 965 | 567 | 418 | 405 | 354 | 309 | 321 | 328 | 325 | 221 | 219 | |||||
Inventory Net | 83 | 75 | 72 | 66 | 79 | 76 | 84 | 94 | 89 | 96 | 100 | 132 | |||||
Prepaid Expense And Other Assets Current | 282 | 188 | 147 | 152 | 117 | 145 | 155 | 202 | 126 | 158 | 145 | 119 | |||||
Assets Current | 4,051 | 3,953 | 3,644 | 3,268 | 3,295 | 3,355 | 3,173 | 2,989 | 2,983 | 2,985 | 2,524 | 2,541 | |||||
Property Plant And Equipment Net | 513 | 502 | 500 | 499 | 503 | 507 | 517 | 523 | 526 | 526 | 527 | 523 | |||||
Operating Lease Right Of Use Asset | 195 | 191 | 192 | 197 | 191 | 196 | 198 | 195 | 200 | 203 | 209 | 215 | |||||
Deferred Income Tax Assets Net | 126 | 99 | 104 | 107 | 117 | - | - | - | 10 | - | - | - | |||||
Restricted Investments Noncurrent | 22 | 51 | 69 | 69 | 69 | 69 | 49 | 49 | 49 | 49 | 49 | 49 | |||||
Other Assets Noncurrent | 59 | 56 | 57 | 74 | 65 | 78 | 72 | 67 | 62 | 75 | 93 | 63 | |||||
Assets | 4,966 | 4,852 | 4,566 | 4,214 | 4,240 | 4,205 | 4,010 | 3,824 | 3,830 | 3,839 | 3,402 | 3,392 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 116 | 118 | 102 | 97 | 88 | 71 | 74 | 78 | 56 | 74 | 60 | 62 | |||||
Accrued Liabilities Current | 1,080 | 1,154 | 919 | 704 | 794 | 946 | 809 | 699 | 713 | 713 | 599 | 509 | |||||
Operating Lease Liability Current | 46 | 45 | 46 | 46 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 43 | |||||
Contract With Customer Liability Current | 5 | 3 | 15 | 28 | 55 | 71 | 69 | 77 | 103 | 77 | 55 | 36 | |||||
Derivative Liabilities Current | 0 | 121 | 121 | 118 | 94 | - | - | - | - | - | - | - | |||||
Liabilities Current | 1,466 | 1,555 | 1,301 | 1,076 | 1,186 | 1,221 | 1,055 | 942 | 968 | 950 | 789 | 673 | |||||
Operating Lease Liability Noncurrent | 225 | 223 | 224 | 230 | 230 | 236 | 239 | 238 | 243 | 248 | 253 | 259 | |||||
Contract With Customer Liability Noncurrent | - | - | - | - | 0 | 1 | 2 | 186 | 188 | 196 | 194 | 191 | |||||
Convertible Debt Noncurrent | 1,008 | 1,040 | 1,027 | 1,026 | 1,025 | 1,024 | 1,023 | 1,022 | 1,021 | 1,020 | 1,019 | 1,018 | |||||
Derivative Liabilities Noncurrent | 0 | 440 | 408 | 422 | 393 | - | - | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 8 | 10 | 11 | 6 | 5 | 357 | 350 | 320 | 308 | 281 | 257 | 224 | |||||
Liabilities | 4,177 | 4,618 | 4,315 | 4,098 | 4,173 | 4,173 | 4,013 | 4,044 | 4,051 | 4,005 | 3,811 | 3,651 | |||||
Preferred Stock Value Outstanding | - | - | - | - | - | - | - | - | 0 | - | - | - | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value Outstanding | - | - | - | - | - | - | - | - | 1 | - | - | - | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Additional Paid In Capital Common Stock | 7,510 | 7,415 | 7,691 | 7,497 | 7,388 | 7,260 | 7,123 | 6,882 | 6,811 | 6,737 | 6,647 | 6,522 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -20 | -22 | -30 | -38 | -35 | -25 | -35 | -27 | -23 | -32 | -37 | -39 | |||||
Retained Earnings Accumulated Deficit | -6,703 | -7,160 | -7,412 | -7,345 | -7,288 | -7,204 | -7,092 | -7,076 | -7,010 | -6,872 | -7,019 | -6,743 | |||||
Stockholders Equity | 789 | 234 | 251 | 115 | 67 | 32 | -3 | -219 | -221 | -166 | -408 | -259 | |||||
Liabilities And Stockholders Equity | 4,966 | 4,852 | 4,566 | 4,214 | 4,240 | 4,205 | 4,010 | 3,824 | 3,830 | 3,839 | 3,402 | 3,392 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | |||||
Common Stock Shares Issued | 132 | 132 | 131 | 130 | 129 | 129 | 128 | 126 | 126 | 125 | 125 | 124 | |||||
Shares Outstanding | 132 | 132 | 131 | 130 | 129 | 129 | 128 | 126 | 126 | 125 | 125 | 124 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 13.65% | 21.39% | 25.63% | 15.84% | 15.63% | 22.80% | -2.93% | -10.97% | -20.08% | 3.95% | 3.36% | -4.01% |
| 2024 | -1.70% | 10.24% | 58.23% | 1.50% | 1.96% | 10.17% | -8.14% | -7.93% | -7.62% | -7.69% | -11.00% | -2.08% |
| 2023 | -8.34% | -6.18% | -2.59% | -0.44% | -9.76% | -14.89% | 0.86% | 18.26% | 13.93% | 1.62% | 4.16% | 3.32% |
| 2022 | - | - | - | - | - | - | - | - | - | -5.50% | 3.91% | 4.65% |
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Performance and Valuation Metrics
Metrics | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.76 | 2.54 | 2.80 | 3.04 | 2.78 | 2.75 | 3.01 | 3.17 | 3.08 | 3.14 | 3.20 | 3.77 | |||||
| Quick Ratio | 2.51 | 2.37 | 2.63 | 2.84 | 2.61 | 2.57 | 2.78 | 2.86 | 2.86 | 2.88 | 2.89 | 3.40 | |||||
| Working Capital | 2.58B | 2.40B | 2.34B | 2.19B | 2.11B | 2.13B | 2.12B | 2.05B | 2.01B | 2.04B | 1.74B | 1.87B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 5.29 | 19.74 | 17.22 | 35.50 | 62.20 | 128.97 | -1,308.35 | -18.44 | -18.36 | -24.15 | -9.34 | -14.08 | |||||
| Interest Coverage TTM | - | - | - | - | -5.02 | -2.83 | 1.05 | -1.38 | -2.33 | -2.96 | -6.36 | -5.53 | |||||
| Debt Ratio | 0.84 | 0.95 | 0.95 | 0.97 | 0.98 | 0.99 | 1.00 | 1.06 | 1.06 | 1.04 | 1.12 | 1.08 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.81 | 0.71 | 0.57 | 0.58 | 0.56 | 0.52 | 0.63 | 0.56 | 0.50 | 0.47 | 0.37 | 0.34 | |||||
| Days Sales Outstanding TTM | 58.13 | 74.97 | 64.98 | 57.47 | 59.51 | 59.18 | 41.27 | 49.27 | 56.47 | 54.00 | 53.52 | 60.01 | |||||
| Receivables Turnover TTM | 6.28 | 4.87 | 5.62 | 6.35 | 6.13 | 6.17 | 8.84 | 7.41 | 6.46 | 6.76 | 6.82 | 6.08 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.33 | 0.32 | -2.44 | -2.08 | -2.18 | -2.58 | -0.58 | -2.63 | -3.52 | -3.88 | -8.53 | -8.58 | |||||
| Free Cash Flow Per Share TTM | 3.55 | 1.68 | -0.40 | -0.58 | -0.33 | 0.12 | 2.52 | 1.01 | 0.34 | -0.53 | -4.34 | -4.87 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 81.77% | 84.05% | 83.88% | 86.28% | 86.37% | 86.83% | 88.34% | 85.95% | 85.33% | 85.94% | 83.88% | 86.17% | |||||
| Operating Profit Margin TTM | 13.51% | 8.25% | -7.32% | -4.91% | -7.87% | -8.98% | 4.38% | -8.78% | -15.43% | -20.56% | -66.78% | -68.93% | |||||
| Net Profit Margin TTM | 8.45% | 1.36% | -12.96% | -11.49% | -12.37% | -15.86% | -3.11% | -16.58% | -24.08% | -29.58% | -85.95% | -93.13% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 65.19% | 53.24% | 5.01% | 17.21% | 22.97% | 21.54% | 89.46% | 75.20% | 76.23% | 91.32% | 53.97% | 54.60% | |||||
| Net Income Growth (1Y) | -212.79% | -113.11% | 337.46% | -18.78% | -36.82% | -34.83% | -93.14% | -68.82% | -61.08% | -56.87% | 8.44% | 19.27% | |||||
| EPS Growth (1Y) | -209.91% | -112.83% | 324.42% | -21.00% | -38.18% | -36.54% | -93.25% | -69.32% | -62.08% | -57.92% | 5.17% | 15.70% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 166.04 | 1,375.87 | -133.49 | -129.83 | -107.99 | -106.44 | -422.21 | -56.77 | -54.31 | -43.49 | -22.26 | -23.35 | |||||
| P/B | 66.01 | 256.27 | 169.98 | 303.33 | 447.73 | 1,093.10 | -10,041.12 | -85.97 | -108.36 | -133.70 | -58.02 | -95.90 | |||||
| P/S TTM | 14.03 | 18.67 | 17.30 | 14.91 | 13.36 | 16.88 | 13.14 | 9.41 | 13.08 | 12.87 | 19.14 | 21.74 | |||||
| Market Cap | 52.09B | 59.94B | 42.60B | 35.02B | 30.04B | 35.37B | 30.80B | 18.85B | 23.91B | 22.18B | 23.68B | 24.86B | |||||
| Enterprise Value | 52.09B | 60.06B | 42.51B | 35.02B | 31.11B | 35.29B | 30.85B | 19.19B | 24.11B | 22.16B | 24.04B | 25.21B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 465.38M | 221.36M | -52.09M | -75.39M | -42.59M | 16.06M | 318.87M | 127.82M | 41.95M | -66.56M | -540.68M | -604.65M | |||||
| Net Debt | -3.82M | 122.47M | -89.34M | 3.32M | 1.08B | -78.84M | 51.50M | 337.01M | 205.89M | -15.40M | 358.87M | 343.48M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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