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Axsome Therapeutics (AXSM) Q1 FY26 earnings call

Earnings call· Mar 2026 (Q1 FY26)· Health Care· May 4, 2026

Source: earnings call transcript

Axsome Therapeutics delivered strong Q1 FY26 results, driven by robust commercial performance of AUVELITY and SUNOSI, and a significant FDA approval for AUVELITY in Alzheimer's disease agitation. This approval led to a substantial increase in the product's peak sales outlook and prompted sales force expansion. The company continues to advance a broad, late-stage neuroscience pipeline, with several key regulatory submissions and clinical trial initiations planned, positioning it for sustained long-term growth.

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AXSM operating KPIs by quarter

AXSM operating KPIs stated on its earnings calls, by fiscal quarter
KPIThis call Mar 2026 Q1 FY26 Jun 2026 Q2 FY26Change vs prior quarter
New prescribers activated AUVELITY
5,500+ Additionally, more than 5,500 new prescribers were activated in the quarter, bringing the total number of unique prescribers for AUVELITY since launch to approximately 60,000. Source: earnings call transcript
6,800+ In addition to accelerated new patient starts, the expanded sales force activated more than 6,800 new Auvelity prescribers in the quarter, representing 21% growth versus the previous quarter, bringing the total number of unique prescribers since launch to approximately 69,000. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.