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Supernus Pharmaceuticals (SUPN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 3, 2026

Supernus Pharmaceuticals (SUPN) reported revenue of $219M for the second quarter 2026 (Q2 2026), +32% from a year earlier and +5% from the quarter before. Operating margin was -26.5%, net loss $58.4M (26.6% of revenue).

Revenue$219M
Year over year+32%
Quarter over quarter+5%
Operating margin-26.5%
Net earnings−$58.4M

Supernus Pharmaceuticals, Q2 2026: revenue $219M (+32% year over year), operating margin -26.5%, net loss $58.4M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$219M+5%+32%
Operating profit−$58.0M—-577%
Net earnings−$58.4M—-359%
Operating cash flow−$4.8M-107%-108%

What changed

Revenue was $219.1M in Q2 2026, up 32% year over year and up 5% from the previous quarter. Qelbree was the largest line at 41% of revenue. ONAPGO added $11.9M year over year (up 745%), 22% of the total change. Other declined 71%.

Operating costs exceeded revenue by $58.0M, an operating margin of -26.5%. Total costs grew 81% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+285%). The quarter ended with a net loss of $58.4M, wider than the previous quarter's $2.3M loss.

Operating cash flow was −$4.8M. Non-cash charges added back $25.7M of depreciation and amortization and $8.6M of share-based compensation. Working capital and other items added $19.2M. Capital expenditures of $568K exceeded it, leaving free cash flow of −$5.4M.

Questions

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

Supernus Pharmaceuticals (SUPN) reported revenue of $219M for the second quarter 2026 (Q2 2026), +32% from a year earlier and +5% from the quarter before.

Was Supernus Pharmaceuticals profitable in the second quarter 2026?

Operating loss was $58.0M (-26.5% of revenue) and net loss $58.4M.

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Source: Supernus Pharmaceuticals 10-Q on SEC EDGAR.