ALKS (Alkermes) Total Operating Expense: $1,162 Mil (TTM As of Mar. 2026)


ALKS Alkermes PLC ALKS
69 GF Score
Price $51.32
GF Value $31.33
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Alkermes Total Operating Expense?

Alkermes ALKS -2.05% 69 Total Operating Expense is $1,162 Mil as of Mar. 2026. GuruFocus rates ALKS with a GF Score™ of 69/100 and a GF Value™ of $31.33 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Alkermes's Total Operating Expense for the three months ended in Mar. 2026 was $380 Mil. Alkermes's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,162 Mil.

Alkermes Total Operating Expense Related Terms

Alkermes Total Operating Expense Historical Data

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The historical data trend for Alkermes's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alkermes Total Operating Expense Chart

Alkermes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 878.68 899.82 996.25 891.67 1,025.49

Alkermes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 243.52 248.22 253.51 280.23 379.61
ALKS
69GF Score
Alkermes PLC ALKS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkermes Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,162 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $1,162 Mil mean?
Alkermes (ALKS) has a Total Operating Expense of $1,162 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Alkermes and its competitors.
Is Alkermes' Total Operating Expense too high?
Alkermes' current Total Operating Expense is $1,162 Mil. Overall, Alkermes has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alkermes' Total Operating Expense compare to HIMS and LNTH?
Alkermes' Total Operating Expense of $1,162 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Drug Manufacturers company?
A good Total Operating Expense depends on the Drug Manufacturers industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Alkermes and its competitors. Alkermes's current Total Operating Expense is $1,162 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkermes stock overvalued right now?
Based on GuruFocus' analysis, Alkermes (ALKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.33, compared to a current price of $51.32 — trading 63.8% above its estimated fair value. The current Total Operating Expense is $1,162 Mil. Alkermes' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Alkermes (ALKS), the current Total Operating Expense is $1,162 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alkermes (ALKS) Overvalued in 2026?

Based on GuruFocus' analysis, Alkermes stock appears to be overvalued. The current stock price of $51.32 is trading 63.8% above its estimated GF Value™ of $31.33. GuruFocus considers Alkermes to be Significantly Overvalued.

Key valuation signals for ALKS:

  • Total Operating Expense: $1,162 Mil
  • GF Value™: $31.33 vs. price of $51.32 (63.8% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the ALKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alkermes Business Description

Other Exchanges 8AK:Germany
Address 1 Burlington Road, Connaught House, Dublin, IRL, D04 C5Y6
Alkermes PLC is a fully integrated biotechnology company that applies its proprietary technologies to research, develop, and commercialize pharmaceutical products designed for unmet medical needs in therapeutic areas. The company utilizes several to develop and commercialize products and, in so doing, access technological, financial, marketing, manufacturing, and other resources. Alkermes either purchases active drug products from third parties or receives them from its third-party licensees to formulate products using its technologies. It operates in U.S., which derives maximum revenue, Ireland and Rest of the world.
69GF Score

Get the complete analysis for ALKS

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.32
Price
$31.33
GF Value