ALKS Alkermes margins

Relative Growth: Rel. Growth: 33

Relative Strength: Rel. Strength: 63

Relative Valuation: Rel. Valuation: 16

Relative Profitability: Rel. Profitability: 53

Gross margin

84.6%

Operating margin

8.6%

EBITDA margin

13.1%

Net margin

The Alkermes shows a gross margin of 84.6%, an operating margin of 8.6%, an EBITDA margin of 13.1%, and a net margin of 4%. Net margin drove the decline across the available margins, decreasing by 19.1 percentage points.

ALKS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Alkermes's margins averaged 84.93% gross, 21.08% operating, 23.86% EBITDA, and 19.12% net. Each of the four current margins is below its three-year average.

ALKS margin expansion

Year-over-year margin changes in percentage points

Net margin led the decline, falling by 19.1 percentage points, while the other available margins also decreased.

Gross margin expansion

-0.5pp

Operating margin expansion

-16.3pp

EBITDA margin expansion

-16.8pp

Net margin expansion

-19.1pp

ALKS Gross margin

Across the last 3 years, Alkermes had an average gross margin of 84.93%. Alkermes's current gross margin is 84.6% and is 0.3 percentage points below its three-year average. Looking back over the last 3 years, Alkermes's gross margin reached 86.7% at its highest point in Dec 2025 and 83.2% at its lowest in Sep 2024.

ALKS Operating margin

Throughout the last 3 years, Alkermes had an average operating margin of 21.08%. Currently, the current operating margin for Alkermes is 8.6%, 12.5 percentage points below its three-year average. Looking back over the last 3 years, Alkermes's operating margin reached 27.1% at its highest point in Mar 2024 and 8.6% at its lowest in Jun 2026.

ALKS EBITDA margin

Across the last 3 years, Alkermes's EBITDA margin came to 23.86%. Right now, the current EBITDA margin for Alkermes is 13.1%, 10.8 percentage points below its three-year average. EBITDA margin was highest at 31.4% in Dec 2024 and lowest at 13.1% in Jun 2026.

ALKS Net margin

Across the last 3 years, Alkermes had an average net margin of 19.12%. Against its three-year average, Alkermes's net margin is currently 4%, 15.1 percentage points below its three-year average. Looking back over the last 3 years, Alkermes's net margin reached 25.2% at its highest point in Mar 2024 and 4% at its lowest in Jun 2026.

ALKS margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 84.6%, ALKS stands higher than the Healthcare sector, the industry and its peers average. Looking at the Healthcare sector average of 68.3%, Alkermes's gross margin is 24% higher.

ALKS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Alkermes's gross margin?

As of Jun 30, 2026, ALKS has a gross margin of 84.6%.

What is Alkermes's operating margin?

As of Jun 30, 2026, ALKS has an operating margin of 8.6%.

What is Alkermes's EBITDA margin?

For the period ending Jun 30, 2026, ALKS recorded an EBITDA margin of 13.1%.

What is Alkermes's net margin?

The current net margin for ALKS is 4% as of Jun 30, 2026.

What are the average margins of ALKS?

Alkermes's average margins over the last 3 years were 84.9% gross, 21.1% operating, 23.9% EBITDA, and 19.1% net.

What are the highest historical margins of ALKS?

Across the 5-year period, ALKS posted its highest margins at 86.7% gross in Dec 2025, 29.9% operating in Sep 2023, 31.4% EBITDA in Dec 2024, and 25.2% net in Mar 2024.

What are the lowest historical margins of ALKS?

Over this 5-year history, Alkermes's margins fell as low as 80.3% gross in Mar 2023, -0.5% operating in Dec 2022, -5.9% EBITDA in Dec 2022, and -14.7% net in Mar 2023.