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Acadia Pharmaceuticals (ACAD) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Acadia Pharmaceuticals (ACAD) reported revenue of $308M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +15% from the quarter before. Operating margin was 12.3%, net earnings $31.5M (10.2% of revenue).

Revenue$308M
Year over year+16%
Quarter over quarter+15%
Operating margin12.3%
Net earnings$31.5M

Acadia Pharmaceuticals, Q2 2026: revenue $308M (+16% year over year), operating margin 12.3%, net earnings $31.5M, operating cash flow $101M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$308M+15%+16%
Operating profit$37.8M—+17%
Net earnings$31.5M+766%+18%
Operating cash flow$101M+197%+58%
Free cash flow$95.7M+233%+50%

What changed

Revenue was $308.0M in Q2 2026, up 16% year over year and up 15% from the previous quarter.

Operating profit was $37.8M, a 12.3% margin (unchanged year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 12% margin then. Total costs grew 16% against revenue growth of 16%. The fastest-growing cost line was Cost of revenue (+37%). Net earnings were $31.5M, up 18% year over year. The effective tax rate was 32.2%.

Operating cash flow was $100.8M (up 58% year over year), 320% of net earnings. Non-cash charges added back $3.2M of depreciation and amortization and $16.9M of share-based compensation. Working capital and other items added $49.2M. Capital expenditures of $5.1M left free cash flow of $95.7M.

Questions

What was Acadia Pharmaceuticals' revenue in the second quarter 2026?

Acadia Pharmaceuticals (ACAD) reported revenue of $308M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +15% from the quarter before.

Was Acadia Pharmaceuticals profitable in the second quarter 2026?

Operating profit was $37.8M (12.3% of revenue) and net earnings $31.5M.

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Source: Acadia Pharmaceuticals 10-Q on SEC EDGAR.