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Collegium Pharmaceutical, Inc.

NASDAQ•COLL
CEO: Mr. Michael Thomas Heffernan B.S. Pharm, R.Ph.
Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Listing Date: 2015-05-07
Collegium Pharmaceutical, Inc., a specialty pharmaceutical company, engages in the development and commercialization of medicines for pain management. Its portfolio includes Xtampza ER, an abuse-deterrent, extended-release, and oral formulation of oxycodone for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment; Nucynta ER and Nucynta IR, which are extended-release and immediate-release formulations of tapentadol, indicated for the management of acute, severe, and persistent pain; Belbuca, a buccal film that contains buprenorphine; and Symproic, an oral formulation of naldemedine for the treatment of opioid-induced constipation in adult patients with chronic non-cancer pain. The company was formerly known as Collegium Pharmaceuticals, Inc. and changed its name to Collegium Pharmaceutical, Inc. in October 2003. Collegium Pharmaceutical, Inc. was incorporated in 2002 and is headquartered in Stoughton, Massachusetts.
Contact Information
100 Technology Center Drive, Suite 300, Stoughton, MA, 02072, United States
781-713-3699
www.collegiumpharma.com
Market Cap
$1.13B
P/E (TTM)
18.0
15.1
Dividend Yield
--
52W High
$50.79
52W Low
$23.23
52W Range
45%
Rank43Top 50.7%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$205.45M+0.00%
4-Quarter Trend

EPS

$0.54+0.00%
4-Quarter Trend

FCF

$122.36M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Product Revenue Growth Product revenues reached $780.6M in 2025, up $149.2M, driven by Jornay PM full year contribution post-acquisition.
Strong Operating Cash Flow Cash provided by operating activities was $329.3M in 2025, a $124.3M increase from $205.0M in 2024.
Gross Profit Expansion Gross profit increased to $463.3M in 2025, reflecting strong net sales performance across the entire product portfolio.
Jornay PM Revenue Boost Jornay PM contributed a full year of product revenues in 2025, significantly increasing overall net sales figures.

Risk Factors

Substantial Outstanding Indebtedness Significant debt load includes $580.0M Term Loan and $241.5M Convertible Notes outstanding as of year-end 2025.
Generic Competition Impact Nucynta IR generic launched February 2026; Nucynta ER generic expected Q1 2026 launch, impacting net revenue.
Manufacturing Supply Chain Risk Reliance on sole/limited suppliers for API and contract manufacturing exposes business to potential supply chain disruptions.
Opioid Regulatory Burden Products remain subject to mandatory REMS programs and stringent DEA quotas, increasing commercialization costs and liability.

Outlook

Share Repurchase Authorization $150.0M share repurchase program authorized through December 31, 2026 remains fully available for future execution.
Jornay PM Commercial Focus Strategy centers on growing the Jornay PM sales infrastructure following the September 2024 Ironshore Acquisition integration.
Liquidity Position Assessment Current cash, equivalents, and expected operating inflows are believed sufficient to fund operations and debt service.
Navigating Regulatory Changes Management must navigate evolving FDA/DEA regulations, including compliance with opioid marketing and distribution rules.

Peer Comparison

Revenue (TTM)

EMBC stock ticker logoEMBC
$1.08B
-2.5%
GDRX stock ticker logoGDRX
$796.85M
+0.6%
COLL stock ticker logoCOLL
$780.57M
+23.6%

Gross Margin (Latest Quarter)

GDRX stock ticker logoGDRX
101.2%
-0.9pp
ATAI stock ticker logoATAI
100.0%
+0.0pp
NKTR stock ticker logoNKTR
98.3%
+18.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
RLAY$1.93B-6.7-43.2%5.2%
DVAX$1.82B-41.9-8.1%30.1%
NKTR$1.49B-8.6-356.8%30.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.9%
Moderate Growth
4Q Net Income CAGR
91.5%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 6, 2026
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Financials
Earnings Calls
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News
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LTM
No Data