10-Q quarterly report · filed Nov 6, 2025

ACADIA PHARMACEUTICALS INC (ACAD) Q3 2025 10-Q Quarterly Report

Short answer

ACADIA PHARMACEUTICALS INC (ACAD) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $279M (up 11.3% year over year) with net income of $72M.

Q3 2025 key financials · XBRL

Revenue
$279M
+11.3% YoY · +5.3% QoQ
Net income
$72M
+119.1% YoY · +169.2% QoQ
Operating margin
12.8%
EPS (diluted)
$0.42
+110.0% YoY · +162.5% QoQ

Source: XBRL data from the ACADIA PHARMACEUTICALS INC (ACAD) Q3 2025 10-Q on SEC EDGAR. USD.

ACADIA PHARMACEUTICALS INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New regulatory risk: January 2025 EU HTA Regulation No 2021/2282 requires joint clinical assessments impacting trofinetide pricing and reimbursement
  • Updated product acceptance risk: DAYBUE approved October 2024 in Canada; reliance on patient adherence and physician prescribing for Rett syndrome sales
  • Regulatory compliance risk: ongoing DAYBUE post-marketing requirements with one PMR released and three fulfilled, FDA may require label updates or risk mitigation
  • Operational market risk: dependence on limited third-party specialty distributors and pharmacies for U.S., Canada, and future markets poses commercialization vulnerability
  • Financial risk: ongoing need for additional financing to support operations and research with no guarantee of availability impacting funding of development programs

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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