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Supernus Pharmaceuticals, Inc.

NASDAQ•SUPN
CEO: Mr. Jack A. Khattar M.B.A.
Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Listing Date: 2012-05-01
Supernus Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of products for the treatment of central nervous system (CNS) diseases in the United States. The company's commercial products are Trokendi XR, an extended release topiramate product indicated for the treatment of epilepsy, as well as for the prophylaxis of migraine headache; and Oxtellar XR, an extended release oxcarbazepine for the monotherapy treatment of partial onset seizures in adults and children between 6 to 17 years of age. It also offers comprise Qelbree, a novel non-stimulant indicated for the treatment of attention-deficit hyperactivity disorder (ADHD) in adults and pediatric patients 6 years and older; APOKYN for the acute intermittent treatment of hypomobility or off episodes in patients with advanced Parkinson's Disease (PD); XADAGO for treating levodopa/carbidopa in patients with PD experiencing off episodes; MYOBLOC, a Type B toxin product indicated for the treatment of cervical dystonia and sialorrhea in adults; GOCOVRI for the treatment of dyskinesia in patients with PD; and Osmolex ER for the treatment of Parkinson's disease and drug-induced extrapyramidal reaction in adult patients. In addition, the company's product candidates include SPN-830, a late-stage drug/device combination product candidate for the treatment of off episodes in PD patients; SPN-817, a novel first-in-class selective acetylcholinesterase inhibitor, which is in Phase II clinical trials for the treatment of epilepsy; SPN-820, a product candidate in Phase II clinical trials for treating resistant depression; SPN-443, a preclinical product for the treatment of ADHD/CNS; and SPN-446 for narcolepsy and SPN-448 for the treatment of CNS which is in discovery stage. It markets and sells its products through pharmaceutical wholesalers, specialty pharmacies, and distributors. Supernus Pharmaceuticals, Inc. was incorporated in 2005 and is headquartered in Rockville, Maryland.
Contact Information
9715 Key West Avenue, Rockville, MD, 20850, United States
301-838-2500
www.supernus.com
Market Cap
$2.84B
P/E (TTM)
-73.3
14.3
Dividend Yield
--
52W High
$59.68
52W Low
$29.16
52W Range
66%
Rank27Top 14.4%
5.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.4 / 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

$211.57M+0.00%
4-Quarter Trend

EPS

-$0.07+0.00%
4-Quarter Trend

FCF

$19.43M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenue Increased 9% Total revenues reached $719.0M, up 9% compared to $661.8M in 2024, driven by new product launches and Sage revenue.
Qelbree Sales Grew Substantially Qelbree net product sales increased 26% to $304.7M, becoming the largest revenue contributor in 2025.
Sage Acquisition Closed July Completed Sage Acquisition in July 2025 for $549.2M purchase price; recognized $53.0M collaboration revenue.
Strong Cash Position Maintained Ended 2025 with $308.7M in cash and marketable securities, funding operations and acquisition activities.

Risk Factors

Net Earnings Swung to Loss Net earnings swung to a net loss of $(38.6)M from $73.9M profit, heavily impacted by acquisition related expenses.
SG&A Expenses Increased 51% Selling, General, and Administrative expenses rose 51% to $485.6M, primarily due to one-time Sage integration costs.
Multiple Generic Patent Challenges Facing numerous Paragraph IV challenges for Qelbree patents; litigation risk remains high across key commercial products.
Operating Cash Flow Declined Cash provided by operating activities decreased 73% to $47.3M, reflecting lower net earnings and working capital changes.

Outlook

Advance CNS Pipeline Candidates SPN-817 Phase 2b study ongoing; SPN-443 Phase 1 studies planned for initiation in the second half of 2026.
ZURZUVAE Gains International Approval Biogen secured EMA and MHRA approval for ZURZUVAE in Q3 2025; Health Canada authorization received in Q4 2025.
Secure ONAPGO Supply Chain Secured second supplier for ONAPGO, expected to begin supply in 2027, mitigating prior supply constraints.
Continue Strategic Business Development Actively exploring in-licensing and co-development partnerships to grow pipeline and commercial portfolio.

Peer Comparison

Revenue (TTM)

BHC stock ticker logoBHC
$10.31B
+7.1%
PRGO stock ticker logoPRGO
$4.25B
-2.8%
AMRX stock ticker logoAMRX
$3.02B
+8.0%

Gross Margin (Latest Quarter)

BEAM stock ticker logoBEAM
95.0%
-471.3pp
SUPN stock ticker logoSUPN
89.1%
-15.2pp
INDV stock ticker logoINDV
82.1%
-4.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CDTX$5.61B-18.6-60.1%0.4%
CGON$5.44B-30.9-22.9%0.9%
LNTH$5.32B22.520.6%30.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
12.2%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:May 4, 2026
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LTM
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