The Inventing Press

ALNYLAM PHARMACEUTICALS, INC.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$3.7B$2.2B$1.8B$1.0B$844.3M
Cost of revenue$677.2M$306.5M$268.2M$140.2M$115.0M
Selling, general & administrative$1.2B$975.5M$795.6M$770.7M$620.6M
Research and development$1.3B$1.1B$1.0B$883.0M$792.2M
Operating income$501.6M-$176.9M-$282.2M-$785.1M-$708.7M
Interest expense$252.6M$141.9M$121.2M$156.0M$143.0M
Pretax income$323.2M-$377.4M-$433.5M-$1.1B-$852.1M
Income tax expense$9.4M-$99.2M$6.7M$4.2M$680,000
Net income$313.7M-$278.2M-$440.2M-$1.1B-$852.8M
Balance Sheet
Cash and equivalents$1.7B$966.4M$812.7M$866.4M$820.0M
Current assets$4.1B$3.3B$3.0B$2.7B$2.8B
Total assets$5.0B$4.2B$3.8B$3.5B$3.6B
Current liabilities$1.5B$1.2B$967.8M$767.9M$695.7M
Total liabilities$4.2B$4.2B$4.1B$3.7B$3.1B
Stockholders' equity$789.2M$67.1M-$220.6M-$158.2M$588.2M
Cash Flow Statement
Cash from operations$524.1M-$8.3M$104.2M-$541.3M-$641.7M
Depreciation and amortization$55.7M$56.7M$54.1M$44.5M$47.6M
Stock-based compensation$348.2M$272.1M$221.7M$230.6M$165.7M
Capital expenditure$58.7M$34.3M$62.2M$72.1M$76.4M
Free cash flow$465.4M-$42.6M$41.9M-$613.3M-$718.1M

Shares outstanding 133.5M · Free float 99.5%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.