ACADIA PHARMACEUTICALS INC
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
ACAD$16.50-22.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenues | |||
| Product sales, net | $1,071,505 | $957,797 | $726,437 |
| Total revenues | 1,071,505 | 957,797 | 726,437 |
| Operating expenses | |||
| Cost of product sales | 88,998 | 81,841 | 41,638 |
| Research and development | 328,802 | 303,249 | 351,619 |
| Selling, general and administrative | 548,894 | 488,428 | 406,559 |
| Gain on sale of non-financial asset | — | (146,515) | — |
| Total operating expenses | 966,694 | 727,003 | 799,816 |
| Income (loss) from operations | 104,811 | 230,794 | (73,379) |
| Interest income, net | 31,722 | 25,458 | 17,234 |
| Other income | 2,371 | 1,823 | 5,109 |
| Income (loss) before income taxes | 138,904 | 258,075 | (51,036) |
| Income tax (benefit) expense | (252,096) | 31,624 | 10,250 |
| Net income (loss) | $391,000 | $226,451 | $(61,286) |
| Earnings (net loss) per share: | |||
| Basic | $2.32 | $1.37 | $(0.37) |
| Diluted | $2.30 | $1.36 | $(0.37) |
| Weighted average common shares outstanding: | |||
| Basic | 168,356 | 165,717 | 163,819 |
| Diluted | 169,919 | 166,362 | 163,819 |
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