Segment Reporting

6 Months Ended

Jun. 30, 2025

12. Segment Reporting

Substantially all revenues from the three and six months ended June 30, 2025 were generated from customers in North America. All revenues for the three and six months ended June 30, 2024 were generated from customers in North America. The following table illustrates reported segment revenue, segment profit and significant segment expenses (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
NUPLAZID net revenue	$	168,479		$	157,409		$	328,199		$	287,332
DAYBUE net revenue		96,087			84,554			180,683			160,462
Total revenues		264,566			241,963			508,882			447,794
Less:
Cost of goods sold		8,384			7,430			17,595			17,504
License fees and royalties		12,350			10,800			23,531			23,677
Research and development expense:
External research and development		54,319			57,381			109,304			98,870
Internal costs(1)		23,632			18,852			46,912			37,042
Total research and development expense		77,951			76,233			156,216			135,912
Selling, general and administrative		133,507			117,063			259,877			225,054
Interest income, net		(7,243	)		(6,359	)		(15,144	)		(11,865	)
Other income		(594	)		(386	)		(1,183	)		(672	)
Income tax expense		13,545			3,793			22,337			8,240
Consolidated net income	$	26,666		$	33,389		$	45,653		$	49,944

_______________

(1)

Includes personnel expenses and costs allocated to multiple research and development programs, including benefits, information technology, facilities and inventory.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

ACADIA PHARMACEUTICALS INC 10-Q