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AI brief of an SEC Form 8-K · Alkermes (ALKS)

Alkermes Q2 revenue rises to $496.0 million; GAAP net income falls to $0.5 million

Mixed Impact 4 of 5 earnings Written later

Alkermes reported second-quarter 2026 revenue of $496.0 million, up from $390.7 million a year earlier, driven by its commercial products and LUMRYZ following the Avadel acquisition. GAAP net income fell to $0.5 million from $87.1 million, and the company widened its 2026 GAAP net loss outlook to ($95) to ($115) million and cut its EBITDA outlook, while keeping revenue and Adjusted EBITDA expectations unchanged. Blair Jackson will become chief executive on August 1, 2026, succeeding Richard Pops, who remains chairman.

Key points

  • Q2 2026 total revenues were $496.0 million versus $390.7 million in Q2 2025; GAAP net income was $0.5 million versus $87.1 million.
  • Adjusted EBITDA was $139.2 million for the quarter, up from $126.5 million, and six-month GAAP net loss was $66.0 million.
  • 2026 GAAP net loss expectation widened to ($95) to ($115) million from ($70) to ($90) million; EBITDA cut to $75 to $95 million from $105 to $135 million.
  • 2026 total revenue ($1,730 to $1,840 million) and Adjusted EBITDA ($370 to $410 million) expectations were unchanged.

The filing

CompanyAlkermes (ALKS)
Form8-K, current report
Filed with the SECJul 28, 2026, 7:05 AM ET
Accession number0001193125-26-318844

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.