earnings
confidence high
sentiment positive
materiality 0.85
Axsome Q1 revenue $191.2M (+57% YoY); Auvelity approved for Alzheimer's agitation
Axsome Therapeutics, Inc.
2026-Q1 EPS reported
-$1.26
revenue$191,203,000
- Total net product revenue $191.2M (+57% YoY); Auvelity $153.2M (+59%), Sunosi $33.9M (+34%), Symbravo $4.1M.
- Net loss $64.5M ($1.26/share) vs $59.4M ($1.22/share) YoY; cash $305.1M at March 31, 2026.
- FDA approved Auvelity for agitation in Alzheimer's disease (April 2026); full commercial launch expected June 2026.
- NDA submitted for AXS-12 (cataplexy in narcolepsy); pipeline expanded with AXS-20 (balipodect) for schizophrenia/Tourette.
- Cash guidance: current resources sufficient to fund operations into cash flow positivity.