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Collegium Pharmaceutical, Inc.

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
$1.54B
P/E (TTM)
26.3
39.1
Dividend Yield
--
52W High
$49.16
52W Low
$23.23
52W Range
98%
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)

Embecta Corp.EMBC
$1.08B
-3.8%
Collegium Pharmaceutical, Inc.COLL
$757.07M
+26.3%
Amphastar Pharmaceuticals, Inc.AMPH
$723.31M
+0.3%

Gross Margin (Latest Quarter)

Innoviva, Inc.INVA
89.4%
+7.2pp
Dynavax Technologies CorporationDVAX
85.3%
+1.5pp
MiMedx Group, Inc.MDXG
83.5%
+1.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
COLL$1.54B26.324.1%50.6%
RLAY$1.39B-4.6-42.9%5.0%
INVA$1.33B33.65.7%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%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 7, 2025|
    Revenue: $188.00M+29.4%
    |
    EPS: $0.38-36.7%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 8, 2025|
    Revenue: $177.76M+22.7%
    |
    EPS: $0.08-91.2%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 27, 2025|
    Revenue: $631.45M+11.4%
    |
    EPS: $2.14+33.8%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $159.30M+16.5%
    |
    EPS: $0.33-45.9%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $145.28M+7.2%
    |
    EPS: $0.60+57.9%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 9, 2024|
    Revenue: $144.92M+0.1%
    |
    EPS: $0.86-268.6%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 22, 2024|
    Revenue: $566.77M+22.2%
    |
    EPS: $1.60+316.2%
    Beat