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
Market Cap
$1.54B
P/E (TTM)
26.3
39.1
Dividend Yield
--
52W High
$49.16
52W Low
$23.23
52W Range
Rank50Top 56.1%
3.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$209.36M+31.42%
4-Quarter Trend
EPS
$1.00+203.03%
4-Quarter Trend
FCF
$78.25M-946.59%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Surge Driven by Acquisition Product revenues hit $209.4M for the quarter, up $50.1M, driven by full Jornay PM inclusion post-September 2024 acquisition.
Net Income Significantly Improved Quarterly net income reached $31.5M versus $9.3M last year, reflecting strong gross profit growth to $129.2M.
Strong Liquidity Position Maintained Cash and equivalents totaled $285.9M as of September 30, 2025, supporting operations and upcoming debt obligations.
Risk Factors
Opioid Litigation Exposure Continues Ongoing patent litigation risk remains, particularly concerning Xtampza ER and Nucynta products, demanding vigorous defense.
Manufacturing Dependency Creates Risk Reliance on sole suppliers for active ingredients creates supply chain vulnerability and potential for higher manufacturing costs.
Substantial Debt Load Outstanding Total debt includes $581.3M outstanding on the 2024 Term Loan and $241.5M in 2029 Convertible Notes.
Outlook
New Share Repurchase Authorized Board authorized a new $150.0M common stock repurchase program running through December 31, 2026, utilizing existing cash.
Jornay PM Commercialization Focus Company focus remains on supporting ongoing commercialization efforts for Jornay PM following the Ironshore Acquisition.
Liquidity Supports Near-Term Needs Current cash position plus expected inflows sufficiently fund operating expenses, debt service, and capital requirements for foreseeable future.
Peer Comparison
Revenue (TTM)
$1.08B
$757.07M
$723.31M
Gross Margin (Latest Quarter)
89.4%
DVAX85.3%
MDXG83.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| COLL | $1.54B | 26.3 | 24.1% | 50.6% |
| RLAY | $1.39B | -4.6 | -42.9% | 5.0% |
| INVA | $1.33B | 33.6 | 5.7% | 33.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.8%
Moderate Growth
4Q Net Income CAGR
36.0%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 26, 2026
EPS:$2.21
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 6, 2025|Revenue: $209.36M+31.4%|EPS: $1.00+203.0%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $188.00M+29.4%|EPS: $0.38-36.7%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $177.76M+22.7%|EPS: $0.08-91.2%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 27, 2025|Revenue: $631.45M+11.4%|EPS: $2.14+33.8%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $159.30M+16.5%|EPS: $0.33-45.9%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $145.28M+7.2%|EPS: $0.60+57.9%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $144.92M+0.1%|EPS: $0.86-268.6%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 22, 2024|Revenue: $566.77M+22.2%|EPS: $1.60+316.2%Beat