Axsome Therapeutics, Inc.(AXSM)Stock Analysis
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Rank #2,091 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
AXSM Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Axsome Therapeutics, Inc. (AXSM), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores AXSM at 36.6/100 on a 32-signal composite quality model, placing it at rank #2,091 of 2,879 stocks — the bottom half of the AI-ranked universe. AXSM scores in the top quartile across revenue growth (92.4), institutional flow (75.8). Areas of concern include balance sheet strength (7.0) and profitability (13.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 12.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Axsome Therapeutics, Inc. reports quarterly revenue of $191.2M, net income of $-64.5M, an operating margin of -33.1%. Top institutional holders of AXSM by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. AXSM trades on the Nasdaq exchange and files with the SEC under CIK 1579428. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AXSM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Axsome Therapeutics, Inc. directly from SEC EDGAR. Axsome Therapeutics, Inc.'s 13F Pro composite quality score has ranged between 8 and 88 since 2023, currently 36.6 — an improving long-term trajectory across 48 quarterly and live scoring snapshots.
Revenue
Q1 2026
$191.2M
Net Income
Q1 2026
$-64.5M
Free Cash Flow
Q1 2026
$-20.8M
Operating Margin
Q1 2026
-33.1%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+65.5% YoYNet Income
+36.2% YoYOperating Income
+40.6% YoYEPS (Diluted)
+38.6% YoYTotal Assets
+21.3% YoYTotal Debt
+3.9% YoYOp. Cash Flow
+27.3% YoY| Metric | FY 2025 | FY 2024 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $638.5M +65.5% | $385.7M | — | — | — | — |
| Net Income | $-183.2M +36.2% | $-287.2M -120.3% | $-130.4M -26.7% | $-102.9M -50.6% | $-68.3M -120.7% | $-31.0M |
| Operating Income | $-166.8M +40.6% | $-280.6M -125.0% | $-124.7M -25.8% | $-99.1M -47.4% | $-67.2M -104.7% | $-32.8M |
| EPS (Diluted) | $-3.68 +38.6% | $-5.99 -72.6% | $-3.47 -25.3% | $-2.77 | — | — |
| Total Assets | $689.8M +21.3% | $568.5M +547.6% | $87.8M -52.8% | $186.1M -15.6% | $220.5M +1334.1% | $15.4M |
| Total Debt | $187.7M +3.9% | $180.7M +268.1% | $49.1M +1.6% | $48.3M +142.4% | $19.9M +188.5% | $6.9M |
| Operating Cash Flow | $-93.4M +27.3% | $-128.4M -18.6% | $-108.2M -37.9% | $-78.5M -69.2% | $-46.4M -54.3% | $-30.1M |
AI Insight: AXSM Financial Trends
Revenue growth accelerating despite persistent operating losses, but Q1 2026 shows margin deterioration and equity contraction.
• Revenue grew 119% from $87M (Q2 2024) to $191M (Q1 2026), with Q3 2025 marking first positive operating cash flow at $1M.
• Operating loss narrowed from $78M (Q2 2024) to $27M (Q4 2025), representing 65% improvement before Q1 2026 reversal to $63M.
• Total debt flat at $188M since Q2 2025 while equity declined 25% from $103M (Q2 2024) to $55M (Q1 2026).
⚠ Q1 2026 operating loss surged to $63M from $27M in Q4 2025—largest quarterly loss in 18 months despite flat revenue.
⚠ Equity down 39% to $55M from $88M peak (Q4 2025); debt-to-equity ratio deteriorating as losses persist.
AI Insight: AXSM Ratio Trends
Operating margin improved 71pp from Q2 2024 to Q4 2025, but Q1 2026 deteriorated sharply, signaling operational instability.
• Operating margin recovered from -89.5% in Q2 2024 to -13.8% in Q4 2025, showing 75.7pp improvement over 18 months.
• Q1 2026 OpMargin dropped to -33.1%, reversing Q4 2025 gains and reversing trajectory — worst quarter since Q1 2025.
• Debt-to-equity declined from 3.44x (TTM) to 2.13x in Q4 2025, improving leverage position before Q1 2026 reset to 3.44x.
⚠ Q1 2026 margin deterioration and negative ROA (-36.2%) suggest seasonal headwind or one-time cost; trend reversal critical to monitor.
⚠ ROIC remains deeply negative across all quarters (-39.1% to -97.2%), destroying shareholder value despite margin recovery headline.
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Available Research
13F Pro tracks comprehensive data for Axsome Therapeutics, Inc. including:
Top Institutional Holders of AXSM
BlackRock, Inc.
$661.3M3,912,844 shVANGUARD PORTFOLIO MANAGEMENT LLC
$347.9M2,058,170 shVANGUARD CAPITAL MANAGEMENT LLC
$327.5M1,937,752 shFMR LLC
$264.9M1,566,995 shInvesco Ltd.
$219.3M1,297,678 shGEODE CAPITAL MANAGEMENT, LLC
$196.6M1,162,981 shWELLINGTON MANAGEMENT GROUP LLP
$193.6M1,145,306 shDeep Track Capital, LP
$185.9M1,100,000 shSTATE STREET CORP
$166.8M986,809 shAssenagon Asset Management S.A.
$146.4M865,958 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $661.3M | 3,912,844 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $347.9M | 2,058,170 |
| VANGUARD CAPITAL MANAGEMENT LLC | $327.5M | 1,937,752 |
| FMR LLC | $264.9M | 1,566,995 |
| Invesco Ltd. | $219.3M | 1,297,678 |
| GEODE CAPITAL MANAGEMENT, LLC | $196.6M | 1,162,981 |
| WELLINGTON MANAGEMENT GROUP LLP | $193.6M | 1,145,306 |
| Deep Track Capital, LP | $185.9M | 1,100,000 |
| STATE STREET CORP | $166.8M | 986,809 |
| Assenagon Asset Management S.A. | $146.4M | 865,958 |
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Popular Research
Is AXSM a good stock to buy?
13F Pro's AI-powered analysis of Axsome Therapeutics, Inc. (AXSM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AXSM are available on the AXSM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own AXSM?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AXSM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Axsome Therapeutics, Inc.'s investment landscape.