Alnylam Pharmaceuticals, Inc.

ALNY Healthcare Biotechnology

Alnylam Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 65.2% from fiscal 2024.

Revenue
+16.7%
EPS
+747.6%
Free cash flow
−4.76%
Total debt
−2.66%

Quarter to September 2026, against a year earlier

156.74 0.08 +0.05%
Market cap
$21.0B
P/E
7.9×
Fwd P/E
13.5×
Dividend yield
—
F-score
6/9
Altman Z
7.30
Beneish M
−1.95
Dividend safety
n/a

Alnylam Pharmaceuticals, Inc. (ALNY) Gross margin

Alert me on Gross margin

Alnylam Pharmaceuticals, Inc.'s gross margin over the twelve months to 30 September 2026 was 77.3%, down 4.4 percentage points from fiscal 2025 (81.6%). Over the past ten years it has ranged from 81.6% (fiscal 2025) to 100.0% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Biotechnology industry median of 65.2% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 81.6% (3.98)
FY2024 85.6% 2.60
FY2023 83.0% (0.71)
FY2022 83.7% 0.33
FY2021 83.4% (0.76)
FY2020 84.2% (4.44)
FY2019 88.6% (8.99)
FY2018 97.6% (2.41)
FY2017 100.0% 0.00
FY2016 100.0% 0.00

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 75.2% (1.69)
Jun 2026 76.9% (5.03)
Mar 2026 81.9% 6.31
Dec 2025 75.6% (8.38)
43 more quarters

Against its own ten years

Low 81.6% High 100.0%
Ten-year median 85.6%
Current reading's percentile 2

Gross margin against peers

Company Gross margin
EXEL Exelixis, Inc. compare 96.3%
BBIO BridgeBio Pharma, Inc. compare 94.3%
INCY Incyte Corporation compare 92.7%
ASND Ascendis Pharma A/S compare 91.3%
JAZZ Jazz Pharmaceuticals PLC compare 89.1%
INSM Insmed, Inc. compare 84.4%
ROIV Roivant Sciences Ltd. compare 81.2%
ALNY Alnylam Pharmaceuticals, Inc. 77.3%
BNTX BioNTech SE Sponsored ADR compare 74.6%
Biotechnology industry median 65.2%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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