Axsome Therapeutics, Inc.

AXSM Healthcare Biotechnology

Axsome Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $638.5 million, up 65.5% from fiscal 2024.

Revenue
+51.9%
EPS
+73.9%
Free cash flow
−1,078.3%
Total debt
+4.04%

Quarter to September 2026, against a year earlier

132.13 2.33 +1.80%
Market cap
$6.8B
P/E
0.0×
Fwd P/E
−49.2×
Dividend yield
—
F-score
5/9
Altman Z
6.91
Beneish M
−2.53
Dividend safety
n/a

Axsome Therapeutics, Inc. (AXSM) Gross margin

Alert me on Gross margin

Axsome Therapeutics, Inc.'s gross margin over the twelve months to 30 September 2026 was 93.3%, up 0.7 percentage points from fiscal 2025 (92.6%). Over the past ten years it has ranged from 0.00% (fiscal 2021) to 92.6% (fiscal 2025) — the current reading is the highest 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 92.6% 1.19
FY2024 91.4% 1.00
FY2023 90.4% 0.76
FY2022 89.6% 89.61
FY2021 0.00% 0.00
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% 0.00
FY2017 0.00% 0.00
FY2016 0.00% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 93.1% (0.65)
Jun 2026 93.8% 1.49
Mar 2026 92.3% (1.41)
Dec 2025 93.7% 0.68
24 more quarters

Against its own ten years

Low 0.00% High 92.6%
Ten-year median 0.00%
Current reading's percentile 100

Gross margin against peers

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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