Axsome Therapeutics, Inc.
Axsome Therapeutics, Inc.
Axsome Therapeutics, Inc. (AXSM) — SEC Financial Statements & Analysis
Axsome Therapeutics, Inc. (AXSM) 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.
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Financial Statements
Values in Millions ($) | 2026-03-31 | 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 | 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 | 305 | 323 | 325 | 303 | 301 | 315 | 327 | 316 | 331 | 386 | 417 | 437 | |||||
Accounts Receivable Net Current | 251 | 224 | 197 | 199 | 161 | 142 | 124 | 120 | 101 | 95 | 78 | 67 | |||||
Inventory Net | 32 | 28 | 24 | 18 | 16 | 16 | 14 | 15 | 16 | 15 | 10 | 9 | |||||
Prepaid Expense And Other Assets Current | 24 | 14 | 20 | 16 | 16 | 12 | 13 | 12 | 12 | 8 | 7 | 6 | |||||
Assets Current | 611 | 589 | 565 | 537 | 495 | 485 | 479 | 463 | 460 | 504 | 512 | 520 | |||||
Property Plant And Equipment Net | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Operating Lease Right Of Use Asset | 20 | 21 | 22 | 22 | 23 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | |||||
Goodwill | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |||||
Intangible Assets Net Excluding Goodwill | 39 | 41 | 42 | 44 | 45 | 47 | 49 | 50 | 52 | 53 | 55 | 57 | |||||
Other Inventory Noncurrent | 31 | 27 | 27 | 24 | 21 | 19 | 15 | 16 | 14 | 11 | 14 | 15 | |||||
Assets | 714 | 690 | 669 | 640 | 597 | 568 | 561 | 548 | 546 | 588 | 601 | 612 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 107 | 66 | 54 | 92 | 86 | 72 | 64 | 61 | 54 | 41 | 29 | 43 | |||||
Accounts Payable And Other Accrued Liabilities Cur… | 251 | 233 | 226 | 171 | 149 | 148 | 122 | 117 | 83 | 91 | 78 | 65 | |||||
Operating Lease Liability Current | 1 | 0 | 1 | 0 | 0 | 2 | 2 | 1 | 1 | 1 | 0 | 0 | |||||
Business Combination Contingent Consideration Liab… | 11 | 10 | 10 | 9 | 9 | 8 | 8 | 7 | 6 | 6 | 7 | 6 | |||||
Long Term Debt Current | 70 | 70 | 70 | 70 | - | 0 | - | - | - | - | - | - | |||||
Liabilities Current | 439 | 379 | 360 | 342 | 244 | 230 | 196 | 187 | 144 | 139 | 115 | 115 | |||||
Business Combination Contingent Consideration Liab… | 74 | 78 | 90 | 80 | 91 | 92 | 83 | 70 | 70 | 73 | 32 | 34 | |||||
Long Term Debt Noncurrent | 118 | 118 | 118 | 118 | 181 | 181 | 180 | 179 | 179 | 178 | 177 | 177 | |||||
Operating Lease Liability Noncurrent | 22 | 23 | 23 | 24 | 24 | 6 | 6 | 7 | 7 | 7 | 8 | 8 | |||||
Finance Lease Liability Noncurrent | 6 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 2 | - | - | - | |||||
Liabilities | 659 | 602 | 596 | 567 | 543 | 511 | 469 | 445 | 402 | 397 | 331 | 333 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 1,425 | 1,394 | 1,351 | 1,303 | 1,235 | 1,180 | 1,141 | 1,086 | 1,048 | 1,027 | 1,006 | 954 | |||||
Retained Earnings Accumulated Deficit | -1,371 | -1,306 | -1,277 | -1,230 | -1,182 | -1,123 | -1,048 | -983 | -904 | -836 | -737 | -675 | |||||
Stockholders Equity | 55 | 88 | 74 | 73 | 53 | 57 | 93 | 103 | 144 | 191 | 270 | 279 | |||||
Liabilities And Stockholders Equity | 714 | 690 | 669 | 640 | 597 | 568 | 561 | 548 | 546 | 588 | 601 | 612 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | |||||
Common Stock Shares Issued | 51 | 51 | 50 | 50 | 49 | 49 | 48 | 48 | 47 | 47 | 47 | 47 | |||||
Shares Outstanding | 51 | 51 | 50 | 50 | 49 | 49 | 48 | 48 | 47 | 47 | 47 | 47 | |||||
Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables
Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables
Custom Table
Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals
Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals
Interactive Financial Visualizations
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.82% | 8.03% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -9.73% | -11.27% | -13.44% | 13.84% | 9.59% | 21.60% | 11.60% | 12.01% | 36.99% | -10.21% | 8.14% | 30.30% |
| 2024 | -3.31% | 6.00% | 13.95% | 6.79% | 7.73% | 8.00% | 0.61% | -13.11% | 7.01% | -4.82% | -23.44% | -15.87% |
| 2023 | -3.41% | -6.36% | 2.53% | 14.91% | -1.69% | -12.67% | 8.94% | 27.51% | 43.93% | -4.31% | -12.40% | -8.16% |
Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial | ||||||||||||
Subscribe to unlock 17+ years of financial data and 50+ calculated metrics
Subscribe to unlock 17+ years of data and 50+ calculated metrics
Performance and Valuation Metrics
Metrics | 2026-03-31 | 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 | 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 | 1.39 | 1.55 | 1.57 | 1.57 | 2.03 | 2.11 | 2.44 | 2.48 | 3.20 | 3.63 | 4.46 | 4.52 | |||||
| Quick Ratio | 1.27 | 1.44 | 1.45 | 1.47 | 1.90 | 1.99 | 2.30 | 2.34 | 3.01 | 3.46 | 4.32 | 4.39 | |||||
| Working Capital | 172.00M | 210.15M | 205.05M | 194.52M | 250.72M | 254.96M | 282.93M | 276.46M | 316.44M | 365.41M | 397.10M | 404.71M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 12.07 | 6.81 | 8.08 | 7.76 | 10.21 | 8.97 | 5.04 | 4.33 | 2.79 | 2.08 | 1.23 | 1.19 | |||||
| Debt Ratio | 0.92 | 0.87 | 0.89 | 0.89 | 0.91 | 0.90 | 0.83 | 0.81 | 0.74 | 0.68 | 0.55 | 0.54 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.08 | 1.01 | 0.91 | 0.83 | 0.76 | 0.67 | 0.58 | 0.50 | 0.54 | 0.59 | 0.48 | 0.46 | |||||
| Days Sales Outstanding TTM | 106.28 | 104.75 | 104.25 | 117.66 | 110.99 | 112.06 | 109.20 | 117.55 | 106.31 | 89.37 | 80.63 | 83.58 | |||||
| Receivables Turnover TTM | 3.43 | 3.48 | 3.50 | 3.10 | 3.29 | 3.26 | 3.34 | 3.11 | 3.43 | 4.08 | 4.53 | 4.37 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -3.68 | -3.68 | -4.59 | -4.99 | -5.69 | -5.99 | -6.46 | -6.49 | -6.25 | -5.27 | -4.28 | -4.22 | |||||
| Free Cash Flow Per Share TTM | -1.39 | -1.89 | -2.03 | -2.45 | -2.43 | -2.69 | -2.76 | -3.53 | -4.08 | -3.21 | -3.04 | -2.56 | |||||
| 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 | 92.60% | 92.56% | 91.86% | 91.48% | 91.49% | 91.37% | 91.09% | 90.30% | 90.12% | 90.37% | 90.61% | 91.03% | |||||
| Operating Profit Margin TTM | -24.45% | -26.12% | -37.85% | -46.25% | -62.54% | -72.74% | -90.48% | -104.88% | -116.61% | -85.67% | -86.59% | -95.21% | |||||
| Net Profit Margin TTM | -26.59% | -28.69% | -40.89% | -49.88% | -64.39% | -74.47% | -91.87% | -105.85% | -118.07% | -88.41% | -90.33% | -101.07% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 63.88% | 65.55% | 65.83% | 69.83% | 72.16% | 42.53% | 51.47% | 59.73% | 73.58% | 440.80% | 770.57% | 1,969.08% | |||||
| Net Income Growth (1Y) | -32.33% | -36.22% | -26.19% | -19.98% | -6.11% | 20.05% | 54.07% | 67.28% | 86.73% | 27.84% | 26.25% | 23.03% | |||||
| EPS Growth (1Y) | -35.41% | -38.57% | -28.96% | -23.01% | -8.95% | 13.82% | 50.79% | 53.55% | 71.48% | 14.42% | 11.74% | 10.10% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -45.96 | -49.60 | -26.47 | -20.90 | -20.48 | -14.11 | -13.91 | -12.41 | -12.76 | -15.11 | -16.32 | -17.01 | |||||
| P/B | 158.53 | 102.90 | 82.40 | 70.63 | 107.13 | 71.10 | 46.57 | 37.23 | 26.26 | 18.93 | 12.22 | 11.26 | |||||
| P/S TTM | 12.22 | 14.23 | 10.82 | 10.43 | 13.19 | 10.51 | 12.78 | 13.14 | 15.07 | 13.36 | 14.74 | 17.20 | |||||
| Market Cap | 8.65B | 9.09B | 6.08B | 5.16B | 5.70B | 4.05B | 4.33B | 3.83B | 3.78B | 3.62B | 3.29B | 3.14B | |||||
| Enterprise Value | 8.54B | 8.95B | 5.94B | 5.05B | 5.58B | 3.92B | 4.18B | 3.69B | 3.63B | 3.41B | 3.05B | 2.88B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -70.99M | -93.89M | -101.39M | -121.10M | -118.83M | -128.68M | -132.82M | -168.02M | -193.34M | -145.66M | -143.04M | -111.94M | |||||
| Net Debt | -117.26M | -135.19M | -137.63M | -115.48M | -119.53M | -134.64M | -147.34M | -136.33M | -152.75M | -208.12M | -239.12M | -260.29M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| 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 | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| 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 | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Insider Transactions
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data