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Stock research / United States / COLL · Pharmaceutical Preparations · Nasdaq

Collegium Pharmaceutical, Inc. (COLL)

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Collegium Pharmaceutical, Inc. (COLL) reported revenue of $200 million for Q2 FY2026, the quarter ended 30 June 2026, up 6.3% on the same quarter a year earlier. Net income was -$15 million, and diluted earnings per share $-0.46. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$200 millionup 6.3%
Net income-$15 million
Diluted EPS$-0.46
QuarterQ2 FY2026ended 30 June 2026

Collegium Pharmaceutical (COLL) in brief

Collegium Pharmaceutical (COLL) reported revenue of $781 million for fiscal 2025, the year ended 31 December 2025, up 23.6% on the year before.
Read moreNet income was $63 million and diluted earnings per share $1.73. Revenue was $631 million in fiscal 2024, $567 million in fiscal 2023, $464 million in fiscal 2022 and $277 million in fiscal 2021. Net income in the same years was $69 million, $48 million, a loss of $25 million and $72 million. Over the twelve months to 30 June 2026, Collegium Pharmaceutical reported revenue of $808 million and net income of $48 million. Revenue grew 20.3% a year, compounded, over the five years to fiscal 2025. Collegium Pharmaceutical had 32 million shares outstanding at the latest filed count. At 30 June 2026 it carried $1.1 billion of debt and $129 million of cash. At the close of 9 October 2026 the market cap of Collegium Pharmaceutical was $717 million, 17.8 times its earnings over the last twelve months.

Ratios

From the filings

ROE15.4%
ROCE11.2%
Operating margin19.5%
Net margin5.9%
FCF margin40.6%
Interest cover2.06
Debt to equity3.50
Cash conversion6.89
Share count, 1 year3.0%
Sales CAGR, 3 years18.9%
Profit CAGR, 3 yearsn/a
EPS, TTM$1.24

At the close of 9 October 2026

Price$22.06
Market cap$717 million
Stock P/E17.79
Price to book2.30
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales0.89
52-week high$49.84
52-week low$21.84
Price, 1 year-33.6%
Price CAGR, 3 years-2.4%
Price CAGR, 5 years1.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Collegium Pharmaceutical, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
COLLgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on COLL

Filings20 in twelve months: 12 current reports (8-K), about 8 regulation FD disclosure; 4 results of operations; 2 officer or director change; 2 material agreement; 1 other events
Planned insider sales14 Form 144 notices in twelve months, $8.6 million; latest 30 September 2026
Options tapeput/call 0.3 by open interest at the 9 October 2026 close; the straddle prices a 28.9% move to 16 October 2026
13F holders7 of the followed funds hold it; largest Renaissance Technologies; 14 Schedule 13D or 13G filings in twelve months
Insider trading14 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest5.5 million shares short, 6.06 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025Q1 FY2026Q2 FY2026
Revenue137150145145159182178188209205194200
Cost of revenue56.455.153.554.562.583.780.479.680.277.176.389.6
Gross profit80.394.691.590.896.898.397.3108129128117110
Gross margin59%63%63%63%61%54%55%58%62%62%61%55%
SG&A35.332.942.043.362.063.176.473.667.167.686.3107
Operating income45.061.749.547.534.838.121.735.162.160.830.93.7
Operating margin33%41%34%33%22%21%12%19%30%30%16%2%
Interest expense20.819.317.315.618.422.720.820.521.819.315.919.5
Pre-tax income28.846.736.629.115.617.33.117.043.429.018.7-13.5
Tax rate28%32%24%33%40%27%23%30%27%42%23%n/a
Net income20.631.927.719.69.312.52.412.031.517.014.5-15.1
Net margin15%21%19%13%6%7%1%6%15%8%7%-8%
Diluted EPS$0.53$0.82$0.71$0.52$0.27$0.36$0.07$0.34$0.84$0.46$0.40-$0.46
Operating cash flow74.073.361.967.4-9.084.655.472.478.412357.171.3
Capital expenditure0.10.20.60.30.20.60.80.10.20.70.30.5
Free cash flow74.073.261.467.1-9.284.154.672.478.212256.870.8
Buybacksn/an/an/an/a0.0n/an/a25.10.0n/an/a0.0
Shares outstanding33m32m33m32m32m31m32m32m32m32m32m32m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read moreMoney is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 10 fiscal years and the trailing twelve months

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue1.728.5280297310277464567631781808
Cost of revenue0.22.6166194130126254241254317323
Gross profit1.525.9115103180151209326377463485
Gross margin87.6%90.9%40.9%34.7%58.0%54.4%45.2%57.5%59.8%59.3%60.0%
Research and development14.98.68.710.39.89.54.00.00.0n/an/a
Selling, general and administrative80.692.8127116114119172159210285328
Operating income-94.1-75.4-20.7-23.756.217.633.3167170180157
Operating margin-5498.7%-264.9%-7.4%-8.0%18.1%6.4%7.2%29.5%26.9%23.0%19.5%
Interest expense0.1n/a20.10.928.921.063.283.374.082.376.4
Pre-tax incomen/an/a-39.1-22.727.6-3.4-28.875.798.692.677.7
Income taxn/an/an/a0.00.8-74.9-3.827.629.429.729.8
Effective tax raten/an/an/an/a3.0%n/an/a36.4%29.8%32.1%38.3%
Net income-94.2-74.9-39.1-22.726.871.5-25.048.269.262.947.9
Net margin-5504.1%-262.9%-14.0%-7.7%8.6%25.8%-5.4%8.5%11.0%8.1%5.9%
Diluted EPS-$3.88-$2.47-$1.19-$0.68$0.76$1.86-$0.74$1.29$1.86$1.73$1.24
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Belbuca18221122228.4%
Xtampza ER17719119925.5%
Jornay PM0.037.214919.1%
Nucynta IR10810111514.8%
Nucynta ER82.775.881.010.4%
Symproic and other16.515.114.51.9%
BelbucaXtampza ERJornay PMNucynta IRNucynta ERSymproic and other
567FY2023631FY2024781FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow-75.1-67.016927.893.9104124275205329330
Capital expenditure0.51.05.56.45.51.91.60.51.71.71.6
Free cash flow-75.5-68.016421.388.4102123274203328328
Free cash flow margin-4414.4%-238.8%58.5%7.2%28.5%36.7%26.4%48.4%32.2%42.0%40.6%
Cash from investing-3.0-1.0-24.4-6.4-374-1.9-574-70.8-288-63.5-552
Cash from financing13633.5-1172.0286-89.3437-140-60.6-110234
Depreciation and amortisation0.70.61.10.761.568.9n/a149169226n/a
Share-based compensation5.87.913.816.521.924.322.927.132.441.944.9
Buybacksn/an/an/an/an/a47.914.175.060.025.1n/a
Diluted shares, weightedn/an/a33m33m35m41m34m42m40m40m32m
Shares outstanding at period end29m33m33m34m35m34m34m32m31m32m32m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity13510491.687.4186203195195229302312
Debt4.1n/a11.511.5n/an/a7016678528091,092
Operating lease liabilitiesn/an/an/a9.48.88.07.16.15.54.13.4
Other liabilities23.031.5188198449481271275577542729
Total liabilities and equity1621362913066446921,1741,1431,6641,6572,136
Owned
Fixed assets1.01.89.311.919.019.519.516.014.312.010.7
Goodwilln/an/an/an/an/an/a134134162146190
Intangible assetsn/an/a44.329.53362695674228916701,186
Investmentsn/an/an/an/an/an/a0.071.692.21550.0
Cash and equivalents15311914717017418617423970.6231129
Receivables2.110.077.973.083.3106183180229211285
Inventory1.31.87.89.615.617.446.532.335.640.9113
Other assets4.33.35.312.315.994.250.149.4169190221
Total assets1621362913066446921,1741,1431,6641,6572,136
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a20.3%18.9%14.3%
Profit growth, compoundedn/a18.6%n/a32.1%
Return on equity, average-9.8%19.6%25.2%20.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Collegium Pharmaceutical's revenue in fiscal 2025?

Collegium Pharmaceutical (COLL) reported revenue of $781 million for fiscal 2025, the year ended 31 December 2025, up 23.6% on the year before.

How much did Collegium Pharmaceutical earn in fiscal 2025?

Net income was $63 million for fiscal 2025, and diluted earnings per share $1.73.

What is Collegium Pharmaceutical's P/E ratio?

At the close of 9 October 2026, Collegium Pharmaceutical traded at 17.8 times its earnings over the twelve months to 30 June 2026.

What is Collegium Pharmaceutical's market cap?

The market cap of Collegium Pharmaceutical was $717 million at the close of 9 October 2026.

How much debt does Collegium Pharmaceutical have?

At 30 June 2026 Collegium Pharmaceutical carried $1.1 billion of debt and $129 million of cash.

Peers: Pharmaceutical Products

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.11 trillion39.5578.8%n/a49.6%1.410.5%
Johnson & Johnson JNJ$630.1 billion30.3024.8%n/a8.1%0.442.0%
AbbVie Inc. ABBV$488.4 billion78.08n/a26.2%10.4%n/a2.5%
Merck & Co., Inc. MRK$359.1 billion116.467.6%n/a4.6%1.292.3%
Novartis AG NVS *$274.2 billion20.1030.3%n/a8.4%0.622.9%
AstraZeneca PLC AZN *$246.9 billion24.3421.0%23.4%8.6%0.572.0%
Abbott Laboratories ABT$173.5 billion32.2310.6%15.8%8.1%0.582.4%
Novo Nordisk A/S NVO *$172.4 billion11.1652.8%41.3%6.4%0.674.5%
Pfizer Inc. PFE$161.1 billion37.205.1%n/a-0.2%0.716.1%
Vertex Pharmaceuticals Inc. VRTX$129.3 billion29.7021.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$120.7 billion13.0241.6%24.2%3.1%1.924.2%
Sanofi SNY *$97.7 billion11.1710.9%n/a6.2%0.265.5%
All 70 in Pharmaceutical Products
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.11 trillion39.5578.8%n/a49.6%1.410.5%
Johnson & Johnson JNJ$630.1 billion30.3024.8%n/a8.1%0.442.0%
AbbVie Inc. ABBV$488.4 billion78.08n/a26.2%10.4%n/a2.5%
Merck & Co., Inc. MRK$359.1 billion116.467.6%n/a4.6%1.292.3%
Novartis AG NVS *$274.2 billion20.1030.3%n/a8.4%0.622.9%
AstraZeneca PLC AZN *$246.9 billion24.3421.0%23.4%8.6%0.572.0%
Amgen Inc. AMGN$224.3 billion25.7974.8%30.0%9.1%4.901.8%
Gilead Sciences, Inc. GILD$187.6 billionn/a-27.4%-8.2%5.5%2.222.1%
Abbott Laboratories ABT$173.5 billion32.2310.6%15.8%8.1%0.582.4%
Novo Nordisk A/S NVO *$172.4 billion11.1652.8%41.3%6.4%0.674.5%
Pfizer Inc. PFE$161.1 billion37.205.1%n/a-0.2%0.716.1%
Vertex Pharmaceuticals Inc. VRTX$129.3 billion29.7021.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$120.7 billion13.0241.6%24.2%3.1%1.924.2%
Sanofi SNY *$97.7 billion11.1710.9%n/a6.2%0.265.5%
GSK plc GSK *$93.3 billion12.6634.9%24.3%4.1%1.083.6%
Moderna, Inc. MRNA$89.8 billionn/a-46.6%-149.0%-27.6%0.09n/a
Regeneron Pharmaceuticals, Inc. REGN$79.1 billion18.4513.7%24.7%9.3%0.060.5%
Takeda Pharmaceutical Company Limited TAK *$59.2 billionn/a-2.1%0.1%-1.7%0.663.5%
argenx SE ARGX *$51.1 billion42.1617.6%n/a89.9%0.00n/a
Teva Pharmaceutical Industries Ltd. TEVA$47.9 billion68.459.1%9.3%4.1%2.140.0%
IDEXX Laboratories Inc. IDXX$40.9 billion36.4370.7%32.0%12.8%0.60n/a
Biogen Inc. BIIB$33.3 billion39.954.4%10.1%0.3%0.39n/a
Zoetis Inc. ZTS$31.0 billion12.3283.1%n/a1.5%2.872.7%
Roivant Sciences Ltd. ROIV$25.6 billionn/a-6.3%-7,914.8%-67.6%0.00n/a
BioNTech SE BNTX *$24.4 billionn/a-5.9%-49.0%4.3%0.01n/a
Genmab A/S GMAB *$23.8 billion24.1116.5%28.6%19.2%0.90n/a
United Therapeutics Corp. UTHR$23.5 billion19.6620.5%44.4%2.5%0.00n/a
Viatris Inc. VTRS$20.3 billionn/a-2.9%-0.6%4.4%0.812.7%
Exelixis, Inc. EXEL$14.9 billion18.8246.7%39.9%9.2%0.00n/a
Neurocrine Biosciences Inc. NBIX$14.5 billion20.8819.1%23.6%34.4%0.00n/a
Jazz Pharmaceuticals plc JAZZ$14.2 billion15.0619.6%19.5%12.6%0.91n/a
Corcept Therapeutics Inc. CORT$13.1 billion288.387.8%0.8%16.0%0.00n/a
Halozyme Therapeutics, Inc. HALO$12.6 billion32.96288.1%35.9%41.2%13.50n/a
Elanco Animal Health Inc. ELAN$11.4 billionn/a-3.0%n/a12.0%0.56n/a
Bio-Techne Corp. TECH$11.3 billion63.028.6%20.7%-0.4%0.090.4%
Biomarin Pharmaceutical Inc. BMRN$10.6 billion148.111.2%4.4%11.2%0.66n/a
Dr. Reddy’s Laboratories Limited RDY *$10.4 billion23.3411.4%15.0%3.2%0.210.7%
Krystal Biotech, Inc. KRYS$9.8 billion41.5817.8%44.9%22.6%0.00n/a
Repligen Corp. RGEN$9.8 billion238.142.0%8.2%16.5%0.26n/a
Protagonist Therapeutics, Inc. PTGX$9.3 billion139.569.9%20.7%34.8%0.00n/a
Arrowhead Pharmaceuticals, Inc. ARWR$8.9 billionn/a-68.7%-33.8%16.8%1.47n/a
Cytokinetics Inc. CYTK$8.7 billionn/an/a-1,046.1%-21.1%n/an/a
TG Therapeutics, Inc. TGTX$8.5 billion20.2173.1%17.1%76.1%1.23n/a
Alkermes plc. ALKS$6.8 billion106.923.7%7.0%10.8%0.84n/a
Lantheus Holdings, Inc. LNTH$6.5 billion24.1921.0%19.4%2.3%0.43n/a
Ligand Pharmaceuticals Inc. LGND$6.0 billion32.2820.4%32.6%54.9%1.16n/a
PTC Therapeutics, Inc. PTCT$5.4 billionn/an/a12.5%-42.8%n/an/a
Indivior Pharmaceuticals, Inc. INDV$4.2 billionn/an/an/a13.5%n/an/a
Organon & Co. OGN$3.6 billion17.9320.8%n/a-2.5%8.502.5%
Acadia Pharmaceuticals Inc. ACAD$3.4 billion8.9129.1%7.6%11.8%0.00n/a
Arcus Biosciences, Inc. RCUS$3.1 billionn/a-99.1%-415.4%-55.3%0.22n/a
Neogen Corp. NEOG$2.6 billionn/a-2.7%-0.8%-0.3%0.37n/a
Supernus Pharmaceuticals, Inc. SUPN$2.5 billionn/a-10.7%-15.7%24.9%0.00n/a
Liquidia Corp. LQDA$2.4 billion19.9971.0%37.4%2,233.6%0.00n/a
Harmony Biosciences Holdings, Inc. HRMY$2.3 billion13.0918.1%24.0%24.3%0.15n/a
Adma Biologics, Inc. ADMA$2.3 billion14.8041.4%43.8%8.0%0.48n/a
Prestige Consumer Healthcare Inc. PBH$2.3 billion13.529.0%26.3%-1.4%1.05n/a
Perrigo Co. plc PRGO$2.1 billionn/a-69.0%-37.7%-4.2%1.317.7%
Vericel Corp. VCEL$2.1 billion85.356.5%6.0%23.0%0.00n/a
Vir Biotechnology, Inc. VIR$2.0 billionn/a-25.6%-92.4%1,495.9%0.00n/a
Sarepta Therapeutics, Inc. SRPT$1.9 billionn/a-8.9%-7.3%-20.4%0.55n/a
Xencor Inc. XNCR$1.8 billionn/a-32.5%-205.8%-28.6%0.15n/a
Schrodinger, Inc. SDGR$1.7 billionn/a-16.5%-59.2%8.9%0.00n/a
ANI Pharmaceuticals Inc. ANIP$1.7 billion15.7318.1%15.4%30.9%1.02n/a
Phibro Animal Health Corp. PAHC$1.6 billion15.7625.9%12.8%17.1%1.911.3%
Innoviva, Inc. INVA$1.5 billion5.1729.0%36.9%18.8%0.210.0%
Pacira BioSciences, Inc. PCRX$1.4 billion103.762.2%2.7%5.7%0.54n/a
Amphastar Pharmaceuticals, Inc. AMPH$1.1 billion15.7610.2%15.7%1.0%0.79n/a
QuidelOrtho Corp. QDEL$916 millionn/a-59.1%-30.8%-2.5%1.43n/a
Collegium Pharmaceutical, Inc. COLL$717 million17.7915.4%19.5%14.3%3.50n/a
50 companies share its SEC industry code (Pharmaceutical Preparations); the rest are the names nearest in size in its wider industry, Pharmaceutical Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20266 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202526 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20248 August 2024EDGAR
10-Q31 March 20249 May 2024EDGAR

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