Axsome Therapeutics is performing well as it continues to expand its approved portfolio. The company's deep pipeline may help it launch newer products and post consistent revenue growth for a while.
AXSM's Q2 earnings meet estimates, but revenues miss forecasts. Auvelity and other product sales drive year-over-year revenues.
Axsome Therapeutics, Inc. reported Q2 2026 net product revenue growth of 46% year-on-year, but rising SG&A costs mostly offset commercial gains. Auvelity drove most revenues, benefiting from new Alzheimer's agitation indication and expanded sales force, yet profitability remains elusive. Management reiterates ambitious ~$8bn peak sales target for Auvelity, but current revenue trajectory and market dynamics cast doubt on achievability.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 67 | $7,851.37 | $14,605.33 | $6,753.96 | 86.02% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 2,440 | $597,240 | $519,085.62 | -$78,154.38 | -13.09% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 60 | $6,229.32 | $12,946.2 | $6,716.88 | 107.83% |
| BG Bart Gancher Intech Investment Management LLC | 1,375 | $143,536.25 | $292,682.5 | $149,146.25 | 103.91% |
| JM John Malone Amundi | 6,277 | $735,221.54 | $1.35M | $619,166.75 | 84.21% |
| Biotechnology Industry | Healthcare Sector | Herriot Tabuteau CEO | NASDAQ (NMS) Exchange | 05464T104 CUSIP |
| US Country | 1,346 Employees | - Last Dividend | - Last Split | 19 Nov 2015 IPO Date |
Axsome Therapeutics, Inc. is a forward-thinking biopharmaceutical entity dedicated to the innovation of novel treatments geared towards addressing the complexities of central nervous system (CNS) disorders. Rooted in the quest to improve patient care within the United States, Axsome stands out for its dynamic approach towards tackling conditions such as major depressive disorder, narcolepsy, obstructive sleep apnea, Alzheimer's disease agitation, and more. The foundation of the company's operations, established in 2012 and headquartered in New York, New York, underscores a commitment to pushing the boundaries of medical science, particularly in the CNS domain. Through its research collaboration with Duke University focused on smoking cessation, Axsome exemplifies its dedication to pioneering efforts in enhancing therapeutic outcomes.
Under Development: