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) Operating margin

Alert me on Operating margin

Axsome Therapeutics, Inc.'s operating margin over the twelve months to 30 September 2026 was −17.5%, up 8.7 percentage points from fiscal 2025 (−26.1%). Over the past ten years it has ranged from −359.3% (fiscal 2022) to 0.00% (fiscal 2021); the current reading is higher than 36% of that period. That is below the Biotechnology industry median of 0.00% and below the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −26.1% 46.62
FY2024 −72.7% 12.93
FY2023 −85.7% 273.66
FY2022 −359.3% (359.33)
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% 0.00

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −4.26% 18.47
Jun 2026 −22.7% 10.41
Mar 2026 −33.1% (19.39)
Dec 2025 −13.8% 13.22
43 more quarters

Against its own ten years

Low −359.3% High 0.00%
Ten-year median 0.00%
Current reading's percentile 100

Operating margin against peers

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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