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

Alkermes Q3 revenue rises to $480.1 million; GAAP net income falls to $16.3 million

Mixed Impact 3 of 5 earnings

Alkermes reported third-quarter 2026 results on November 3, 2026. Total revenues rose to $480.1 million from $394.2 million a year earlier, but GAAP net income fell to $16.3 million from $82.8 million, and results included $29.8 million of costs related to the Avadel acquisition. The company reiterated its 2026 expectations, which call for total revenues of $1.73 billion to $1.84 billion and a GAAP net loss of $95 million to $115 million.

Key points

  • Q3 2026 total revenues were $480.1 million versus $394.2 million in Q3 2025; diluted EPS was $0.09 versus $0.49.
  • Q3 2026 Adjusted EBITDA was $120.1 million, compared with $121.5 million in Q3 2025.
  • Nine-month GAAP net loss was $49.7 million, compared with GAAP net income of $192.3 million in the same period of 2025.
  • 2026 expectations were reiterated, including a GAAP net loss of $95 million to $115 million and Adjusted EBITDA of $370 million to $410 million.

The filing

CompanyAlkermes (ALKS)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:09 AM ET
Accession number0001193125-26-444381

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.

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.