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) Operating margin

Alert me on Operating margin

Alnylam Pharmaceuticals, Inc.'s operating margin over the twelve months to 30 September 2026 was 19.5%, up 6.0 percentage points from fiscal 2025 (13.5%). Over the past ten years it has ranged from −1,087.6% (fiscal 2018) to 13.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 13.5% 21.38
FY2024 −7.87% 7.56
FY2023 −15.4% 60.25
FY2022 −75.7% 8.25
FY2021 −83.9% 84.16
FY2020 −168.1% 259.41
FY2019 −427.5% 660.06
FY2018 −1,087.6% (531.36)
FY2017 −556.2% 344.13
FY2016 −900.3% (180.06)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 23.7% 5.79
Jun 2026 17.9% (5.09)
Mar 2026 23.0% 11.01
Dec 2025 12.0% (17.45)
43 more quarters

Against its own ten years

Low −1,087.6% High 13.5%
Ten-year median −168.1%
Current reading's percentile 98

Operating margin against peers

Company Operating margin
EXEL Exelixis, Inc. compare 40.2%
ASND Ascendis Pharma A/S compare 24.8%
ALNY Alnylam Pharmaceuticals, Inc. 19.5%
INCY Incyte Corporation compare 10.4%
JAZZ Jazz Pharmaceuticals PLC compare 9.03%
INSM Insmed, Inc. compare −37.1%
BBIO BridgeBio Pharma, Inc. compare −38.5%
BNTX BioNTech SE Sponsored ADR compare −79.0%
ROIV Roivant Sciences Ltd. compare −7,914.8%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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