ACADIA Pharmaceuticals Inc (ACAD)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 226,451 | 128,506 | 30,565 | -1,710 | -61,286 | -148,808 | -110,815 | -145,940 | -215,975 | -217,344 | -204,618 | -214,478 | -167,870 | -191,536 | -261,739 | -260,009 | -281,584 | -267,860 | -225,178 | -237,978 |
| Revenue (ttm) | US$ in thousands | 957,797 | 929,236 | 890,534 | 813,806 | 726,437 | 631,886 | 550,901 | 520,229 | 517,235 | 511,503 | 512,401 | 493,059 | 484,145 | 474,394 | 463,359 | 458,241 | 441,755 | 419,074 | 393,083 | 366,185 |
| Net profit margin | 23.64% | 13.83% | 3.43% | -0.21% | -8.44% | -23.55% | -20.12% | -28.05% | -41.76% | -42.49% | -39.93% | -43.50% | -34.67% | -40.37% | -56.49% | -56.74% | -63.74% | -63.92% | -57.29% | -64.99% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $226,451K ÷ $957,797K
= 23.64%
ACADIA Pharmaceuticals Inc's net profit margin has exhibited a trend of improvement over the analyzed periods from March 31, 2020, to December 31, 2024. The net profit margin was negative for the initial periods, indicating the company's expenses exceeded its revenues. However, there was a notable turnaround starting from March 31, 2024, where the net profit margin improved significantly to 3.43% and continued to increase further in subsequent quarters.
The positive net profit margins achieved by the company from June 30, 2024, to December 31, 2024, demonstrate a shift towards profitability, with the highest net profit margin of 23.64% recorded at the end of December 31, 2024. This improvement suggests that ACADIA Pharmaceuticals Inc has successfully managed its costs and enhanced its operational efficiency to generate higher profits relative to its revenue.
Overall, the increasing trend in net profit margins indicates that the company has been able to enhance its financial performance and profitability over time, which may be seen as a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024