Friday 6 November 2026
Export ACAD’s income statement to Excel — free account
ACADIA Pharmaceuticals Inc.
ACAD Healthcare Biotechnology
ACADIA Pharmaceuticals Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 11.9% from fiscal 2024.
- Revenue
- +22.9%
- EPS
- −27.9%
- Free cash flow
- +141.2%
Quarter to September 2026, against a year earlier
21.23
0.01
−0.05%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 17 | 125 | 224 | 339 | 442 | 484 | 517 | 726 | 958 | 1,072 | 1,202 | +58.1% | 1,272 | 1,430 | 1,611 | +14.6% | |
| Gross margin, % | 82.26 | 92.73 | 94.47 | 96.65 | 97.69 | 96.05 | 98.03 | 94.27 | 91.46 | 91.69 | 90.48 | +9.4 pt | ||||||
| EBT | (270) | (288) | (244) | (234) | (281) | (168) | (213) | (51) | 258 | 139 | 157 | n/m | ||||||
| EBT margin, % | (1,558.20) | (230.81) | (108.99) | (69.12) | (63.60) | (34.60) | (41.27) | (7.03) | 26.94 | 12.96 | 13.08 | +1,571.2 pt | ||||||
| Net income | (271) | (289) | (245) | (235) | (282) | (168) | (216) | (61) | 226 | 391 | 362 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.15 | 1.02 | 1.77 | 2.30 | 2.81 | 3.02 | 3.20 | 4.43 | 5.78 | 6.36 | 6.97 | +51.7% | |||||
| Earnings | (2.34) | (2.36) | (1.94) | (1.60) | (1.79) | (1.05) | (1.34) | (0.37) | 1.37 | 2.32 | 2.13 | n/m | ||||||
| Cash flow | (1.80) | (1.78) | (1.32) | (1.03) | (0.87) | (0.78) | (0.71) | 0.10 | 0.95 | 0.65 | 0.57 | n/m | ||||||
| Capex | (0.08) | (0.01) | (0.02) | (0.01) | (0.05) | (0.01) | 0.00 | (0.24) | 0.00 | (0.03) | (0.09) | (11.3%) | ||||||
| Free cash flow | (1.88) | (1.78) | (1.34) | (1.03) | (0.91) | (0.79) | (0.71) | (0.14) | 0.95 | 0.62 | 0.48 | n/m | ||||||
| Book value | 4.47 | 2.73 | 3.78 | 4.75 | 3.99 | 3.37 | 2.48 | 2.64 | 4.42 | 7.29 | 8.04 | +5.6% | ||||||
| Shares, m | 116 | 123 | 127 | 147 | 157 | 160 | 162 | 164 | 166 | 168 | 171 | +4.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.49 | 11.51 | 9.97 | 2.5 | |||||
| P/S | 192.33 | 29.87 | 9.15 | 18.57 | 19.04 | 7.74 | 5.10 | 6.96 | 3.17 | 4.20 | 3.05 | 29.6 | ||||||
| P/B | 6.43 | 11.13 | 4.27 | 9.01 | 13.41 | 6.93 | 6.59 | 11.71 | 4.15 | 3.66 | 2.64 | 7.7 | ||||||
| EV/Sales | 161.81 | 27.14 | 7.03 | 16.52 | 17.61 | 6.66 | 4.30 | 6.36 | 2.39 | 3.43 | 2.23 | 25.3 | ||||||
| EV/FCF | (13.36) | (15.51) | (9.28) | (36.78) | (54.11) | (25.44) | (19.30) | (197.73) | 19.51 | (39.55) | (23.22) | (39.2) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (208) | (218) | (167) | (151) | (136) | (126) | (114) | 17 | 158 | 110 | 98 | n/m | |||||
| Capex | (10) | (1) | (2) | (1) | (8) | (1) | — | (40) | (1) | (5) | (16) | (7.5%) | ||||||
| Free cash flow | (218) | (219) | (170) | (152) | (144) | (127) | (114) | (23) | 157 | 105 | 82 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 505 | 324 | 467 | 685 | 612 | 522 | 382 | 362 | 543 | 785 | 936 | +5.0% | |||||
| Net debt | (529) | (341) | (474) | (697) | (632) | (521) | (417) | (439) | (756) | (820) | (976) | +5.0% | ||||||
| Shareholders’ equity | 518 | 335 | 479 | 699 | 627 | 541 | 400 | 432 | 733 | 1,227 | 1,387 | +10.0% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (69.32) | (61.21) | (53.03) | (35.55) | (35.97) | (22.64) | (33.54) | (9.17) | 23.39 | 28.42 | 23.18 | +97.7 pt | |||||
| ROIC | 0.00 | 0.00 | (2,782.02) | (9,032.28) | 0.00 | (527.66) | 0.00 | 0.00 | 0.00 | 16.07 | 18.60 | +16.1 pt | ||||||
| ROE | (75.58) | (67.80) | (60.22) | (39.93) | (42.47) | (28.75) | (45.89) | (14.73) | 38.89 | 39.89 | 31.43 | +115.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 370 | 425 | 430 | 503 | 601 | 514 | 513 | 598 | 654 | 798 | — | +8.9% | |||||
| Revenue/emp, $m | 0.05 | 0.29 | 0.52 | 0.67 | 0.74 | 0.94 | 1.01 | 1.21 | 1.46 | 1.34 | — | +45.2% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026
ACADIA Pharmaceuticals Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RLAY Relay Therapeutics, Inc. | $3.7B | — (loss-making) | — (loss-making) | −95.44% (below 0%: shrinking) | n/m | +2.13% (above 0%: growing) | 100.00% | (25,949.71%) | Compare |
| ACAD ACADIA Pharmaceuticals Inc. | $3.7B | 10.0× | 33.4× | +22.85% (above 0%: growing) | −27.91% (below 0%: shrinking) | +141.15% (above 0%: growing) | 89.75% | 20.95% | |
| XENE Xenon Pharmaceuticals Inc. | $3.7B | — (loss-making) | — (loss-making) | +100.70% (above 0%: growing) | n/m | −48.57% (below 0%: shrinking) | 100.00% | 0.00% | Compare |
| TNGX Tango Therapeutics, Inc. | $3.5B | — (loss-making) | — (loss-making) | −100.00% (below 0%: shrinking) | n/m | −4.58% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| IOVA Iovance Biotherapeutics, Inc. | $3.5B | — (loss-making) | — (loss-making) | +80.07% (above 0%: growing) | n/m | +89.72% (above 0%: growing) | 0.00% | (19.73%) | Compare |
| IRON Disc Medicine, Inc. | $3.5B | — (loss-making) | — | — | n/m | +7.83% (above 0%: growing) | 0.00% | 0.00% | Compare |
| PBLS Parabilis Medicines, Inc. | $3.4B | — (loss-making) | — | — | n/m | — | 100.00% | (34,382.43%) | Compare |
| VKTX Viking Therapeutics, Inc. | $3.3B | — (loss-making) | — | — | n/m | −47.01% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| DYN Dyne Therapeutics, Inc. | $3.2B | — (loss-making) | — | — | n/m | −39.08% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $3.5B | — | — | −7.69% | — | −4.58% | 0.00% | 0.00% |
Pay and ownership Proxy statement filed 24 April 2026
Ownership
Directors and executive officers, together
26.20%
Baker Bros. Advisors LP
25.40%
Julian C. Baker
25.40%
Stephen R. Biggar
25.40%
Blackrock Inc.
11.70%
The Vanguard Group
7.90%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
ACADIA Pharmaceuticals Inc. (ACAD) Latest News
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25 Sep
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24 Aug
ACAD metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score