ACADIA PHARMACEUTICALS INC
Business
Acadia Pharmaceuticals is a biopharmaceutical company developing medicines for neurological and rare disease conditions. Its commercial products include NUPLAZID (pimavanserin) for Parkinson's disease psychosis and DAYBUE (trofinetide) for Rett syndrome. The company is advancing remlifanserin for Alzheimer's disease psychosis and Lewy Body dementia psychosis, along with earlier-stage programs in essential tremor, tardive dyskinesia, and major depressive disorder. Acadia markets primarily in the United States and is pursuing regulatory approvals and commercialization in Europe, Canada, Israel, and Japan.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 1,072 | 958 | 726 | 517 | 484 | |
| Cost of product sales | 89 | 82 | 42 | 10 | 19 | |
| Research and development | 329 | 303 | 352 | 362 | 239 | |
| Selling, general and administrative | 549 | 488 | 407 | 369 | 396 | |
| Gain on sale of non-financial asset | 0 | −147 | 0 | 0 | — | |
| Total operating expenses | 967 | 727 | 800 | 741 | 655 | |
| Income (loss) from operations | 105 | 231 | −73 | −224 | −170 | |
| Interest income, net | 32 | 25 | 17 | 7 | 591,000 | |
| Other income | 2 | 2 | 5 | 4 | 2 | |
| Income (loss) before income taxes | 139 | 258 | −51 | −213 | −168 | |
| Income tax (benefit) expense | −252 | 32 | 10 | 3 | 351,000 | |
| Consolidated net income | 391 | 226 | −61 | −216 | −168 | |
| Earnings (net loss) per share, Basic | 2.32 | 1.37 | −0.37 | −1.34 | −1.05 | |
| Earnings (net loss) per share, diluted | 2.3 | 1.36 | −0.37 | −1.34 | −1.05 | |
| Weighted average common shares outstanding, basic | 168 | 166 | 164 | 162 | 160,493 | |
| Weighted average common shares outstanding, diluted | 170 | 166 | 164 | 162 | 160,493 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 178 | 320 | 189 | 115 | 147 | |
| Investment securities, available-for-sale | 642 | 436 | 250 | 302 | 373 | |
| Accounts receivable, net | 121 | 99 | 98 | 62 | 64 | |
| Interest and other receivables | 27 | 6 | 4 | 885,000 | 978,000 | |
| Inventory | 35 | 22 | 36 | 7 | 8 | |
| Prepaid expenses | 60 | 56 | 39 | 21 | 24 | |
| Total current assets | 1,062 | 938 | 616 | 508 | 618 | |
| Property and equipment, net | 8 | 4 | 5 | 6 | 8 | |
| Operating lease right-of-use assets | 47 | 47 | 52 | 56 | 58 | |
| Intangible assets, net | 109 | 120 | 65 | 0 | — | |
| Restricted cash | 8 | 9 | 6 | 6 | 6 | |
| Long-term inventory | 77 | 70 | 5 | 5 | 6 | |
| Deferred tax assets | 250 | 0 | — | — | — | |
| Other assets | 4 | 359,000 | 476,000 | 8 | 4 | |
| Total assets | 1,564 | 1,188 | 749 | 588 | 700 | |
| Accounts payable | 11 | 16 | 18 | 13 | 7 | |
| Accrued liabilities | 266 | 379 | 237 | 113 | 89 | |
| Total current liabilities | 277 | 395 | 254 | 126 | 96 | |
| Operating lease liabilities | 41 | 42 | 48 | 53 | 56 | |
| Other long-term liabilities | 19 | 18 | 15 | 9 | 7 | |
| Total liabilities | 337 | 455 | 317 | 187 | 159 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized at December 31, 2025 and 2024; no shares issued and outstanding at December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value; 225,000,000 shares authorized at December 31, 2025 and 2024; 170,309,376 shares and 166,708,856 shares issued and outstanding at December 31, 2025 and 2024, respectively | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | |
| Additional paid-in capital | 3,039 | 2,937 | 2,863 | 2,771 | 2,695 | |
| Accumulated deficit | −1,813 | −2,204 | −2,431 | −2,370 | −2,154 | |
| Accumulated other comprehensive income | 1 | 292,000 | 24,000 | −975,000 | −192,000 | |
| Total stockholders equity | 1,227 | 733 | 432 | 400 | 541 | |
| Total liabilities and stockholders equity | 1,564 | 1,188 | 749 | 588 | 700 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income (loss) | 391 | 226 | −61 | −216 | −168 | |
| Stock-based compensation | 52 | 67 | 66 | 68 | 64 | |
| Amortization of premiums and accretion of discounts on investment securities | −5 | −9 | −8 | −3 | 2 | |
| Amortization of intangible assets | 11 | 15 | 4 | 0 | 1 | |
| Gain on sale of non-financial asset | 0 | −147 | 0 | 0 | — | |
| Gain on strategic investment | 0 | 0 | −5 | −4 | −2 | |
| Depreciation | 900,000 | 900,000 | 2 | 2 | 2 | |
| Loss on sale of investment securities | 0 | 0 | 524,000 | 0 | 0 | |
| Deferred income taxes (including benefit from valuation allowance) | −250 | 0 | 0 | — | — | |
| Accounts receivable, net | −23 | −472,000 | −36 | 2 | −16 | |
| Interest and other receivables | −21 | −2 | −3 | 93,000 | 1 | |
| Inventory | −18 | −50 | −29 | 2 | −4 | |
| Prepaid expenses and other current assets | −4 | −17 | −18 | 2 | 2 | |
| Operating lease right-of-use assets | 9 | 8 | 6 | 7 | 6 | |
| Other assets | −3 | 117,000 | −33,000 | −48,000 | 10,000 | |
| Accounts payable | −5 | −1 | 5 | 6 | −2 | |
| Accrued liabilities | −19 | 71 | 93 | 24 | −8 | |
| Operating lease liabilities | −7 | −8 | −6 | −8 | −5 | |
| Long-term liabilities | 1 | 3 | 6 | 2 | 2 | |
| Net cash provided by operating activities | 110 | 158 | 17 | −114 | −126 | |
| Purchases of investment securities | −693 | −505 | −370 | −363 | −493 | |
| Sale and maturity of investment securities | 494 | 329 | 430 | 436 | 423 | |
| Proceeds from sale of non-financial asset | 0 | 147 | 0 | 0 | — | |
| Proceeds from sales of strategic investment | 0 | 0 | 12 | 0 | 0 | |
| Net purchases of property and equipment | −5 | −523,000 | −50,000 | 0 | −1 | |
| Payment of milestone and contingent payments in connection with asset acquisition | −99 | 0 | −40 | 0 | 0 | |
| Net cash (used in) provided by investing activities | −303 | −31 | 32 | 73 | −71 | |
| Proceeds from issuance of common stock, net of issuance costs | 50 | 7 | 25 | 8 | 18 | |
| Net cash provided by financing activities | 50 | 7 | 25 | 8 | 18 | |
| Effect of exchange rate changes on cash | 26,000 | −94,000 | −18,000 | 6,000 | 7,000 | |
| Net (decrease) increase in cash, cash equivalents and restricted cash | −143 | 134 | 74 | −33 | −179 | |
| Cash paid for income taxes | 25 | 20 | 6 | 2 | 1 | |
| Accrued inventory purchases | 1 | 1 | 0 | 0 | — | |
| Stock based compensation capitalized | 426,000 | 425,000 | 79,000 | — | — | |
| Accrued milestone and contingent payments in connection with asset acquisition | 0 | 99 | 30 | 0 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ACADIA PHARMACEUTICALS INC's CIK number?
ACADIA PHARMACEUTICALS INC's SEC CIK number is 0001070494 (1070494). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ACADIA PHARMACEUTICALS INC's SEC filings?
All of ACADIA PHARMACEUTICALS INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ACADIA PHARMACEUTICALS INC last report earnings?
ACADIA PHARMACEUTICALS INC (ACAD) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-209253). This is ACADIA PHARMACEUTICALS INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is ACADIA PHARMACEUTICALS INC's most recent earnings 8-K?
ACADIA PHARMACEUTICALS INC's latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001193125-26-209253. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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