10-Q quarterly report · filed Aug 10, 2026

Axsome Therapeutics, Inc. (AXSM) Q2 2026 10-Q Quarterly Report

Short answer

Axsome Therapeutics, Inc. (AXSM) filed its Q2 2026 10-Q quarterly report on Aug 10, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $218M (up 45.5% year over year) with net income of −$51M.

Q2 2026 key financials · XBRL

Revenue
$218M
+45.5% YoY · +14.2% QoQ
Net income
−$51M
−7.0% YoY · +20.5% QoQ
Operating margin
-22.7%
EPS (diluted)
−$0.99
−3.1% YoY · +21.4% QoQ

Source: XBRL data from the Axsome Therapeutics, Inc. (AXSM) Q2 2026 10-Q on SEC EDGAR. USD.

Axsome Therapeutics, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Newly heightened tariff risk: April 2026 proclamation imposes up to 100% tariffs on imported patented pharmaceuticals and ingredients
  • Debt risk: Blackstone revolver commitments increased $20.0 million to $90.0 million, with minimum liquidity covenant of $30.0 million
  • Regulatory risk: BIOSECURE Act restricts U.S. government procurement involving designated biotechnology companies of concern
  • Operational risk: Tariff-driven supplier changes could disrupt manufacturing and derail commercialization plans
  • Financial risk: Net loss reached $115.9 million for six months ended June 30, 2026, versus $107.4 million in 2025

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

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