Filing Flows › Comparisons › ALKS vs PAHC
Alkermes vs Phibro Animal Health: ALKS and PAHC compared
Alkermes is the larger company: $480M of revenue in its latest quarter (Q3 2026) against $387M for Phibro Animal Health (Q1 FY27). Alkermes is growing faster (+22% against +6% a year earlier). Phibro Animal Health is more profitable, with an operating margin of 12.8% against 7.5%.
Where the money goes: ALKS and PAHC
Alkermes (ALKS) · Q3 2026
Alkermes, Q3 2026: revenue $480M (+22% year over year), operating margin 7.5%, net earnings $16.3M, operating cash flow $93.5M. The chart follows the revenue to costs, profit and cash.
Phibro Animal Health (PAHC) · Q1 FY27
Phibro Animal Health, Q1 FY27: revenue $387M (+6% year over year), operating margin 12.8%, net earnings $29.5M, operating cash flow $26.1M. The chart follows the revenue to costs, profit and cash.
| Alkermes (ALKS) | Phibro Animal Health (PAHC) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 FY27 |
| Revenue | $480M | $387M |
| Revenue growth, Y/Y | +22% | +6% |
| Gross margin | — | 33.2% |
| Operating margin | 7.5% | 12.8% |
| Net earnings | $16.3M | $29.5M |
| Net margin | 3.4% | 7.6% |
| Operating cash flow | $93.5M | $26.1M |
| Free cash flow | $90.1M | $7.3M |
| Market value | $8.1B | $1.3B |
| P/E | — | 13.2× |
| Analysts’ mean target | $57.74 | $47.00 |
Where the revenue comes from
Alkermes
- Product: $417M (87%)
- Royalty: $63.2M (13%)
Phibro Animal Health
- Animal Health: $293M (76%)
- Mineral Nutrition: $73.6M (19%)
- Performance Products: $20.2M (5%)
Questions
Which is bigger, Alkermes or Phibro Animal Health?
Alkermes is the larger company: $480M of revenue in its latest quarter (Q3 2026) against $387M for Phibro Animal Health (Q1 FY27).
Is Alkermes or Phibro Animal Health growing faster?
Alkermes is growing faster (+22% against +6% a year earlier).
Which is more profitable, Alkermes or Phibro Animal Health?
Phibro Animal Health is more profitable, with an operating margin of 12.8% against 7.5%.
More: Alkermes earnings · how Alkermes makes money · Phibro Animal Health earnings · how Phibro Animal Health makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.