Amylyx Pharmaceuticals, Inc. (AMLX) FY2025 10-K Annual Report

Filed: Mar 3, 2026
Health Care
Pharmaceutical PreparationsSEC EDGAR

Amylyx Pharmaceuticals, Inc. (AMLX) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 3, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Amylyx Pharmaceuticals, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Clinical-stage pharma developing novel therapies for endocrine and neurodegenerative diseases with mechanistic rationale and biomarker-driven pipeline
  • New products: Advanced Phase 3 trial for avexitide in PBH; initiated Phase 1 trial for AMX0114 in ALS and selected AMX0318 for long-acting GLP-1 antagonist development
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Management Discussion & Analysis

  • Revenue $0 in 2025 vs $87.4M in 2024, 100% decline due to discontinuation of RELYVRIO®/ALBRIOZA™ product sales
  • Operating loss $153.3M in 2025 vs $314.7M in 2024, a 51% improvement; R&D expenses down 13% to $90.4M; SG&A down 45% to $62.9M
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Risk Factors

  • Cybersecurity risk oversight by board and executive team with escalation for material incidents to audit committee
  • Dependence on Senior Director of ISGA with CISSP and 20+ years experience for daily information security strategy
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Amylyx Pharmaceuticals, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$0

-100.0% YoY

Net Income

-$145M

+52.0% YoY

ROE

-47.4%

+13572bp YoY

Total Assets

$333M

+71.8% YoY

EPS (Diluted)

$-1.53

+65.5% YoY

Operating Cash Flow

-$123M

+26.4% YoY

Source: XBRL data from Amylyx Pharmaceuticals, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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