Alnylam Pharmaceuticals, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Alnylam Pharmaceuticals, Inc. reported net income of $313.75M on revenue of $3.71B. Operating cash flow was $524.08M and capital expenditures were $58.70M, leaving $465.38M of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.16M | $89.91M | $74.91M | $219.75M | $492.85M | $844.29M | $1.04B | $1.83B | $2.25B | $3.71B |
| Operating income | −$424.59M | −$500.09M | −$814.67M | −$939.43M | −$828.44M | −$708.65M | −$785.07M | −$282.18M | −$176.88M | $501.58M |
| Net income | −$410.11M | −$490.87M | −$761.50M | −$886.12M | −$858.28M | −$852.82M | −$1.13B | −$440.24M | −$278.16M | $313.75M |
| Diluted EPS | — | — | — | −$8.11 | −$7.46 | −$7.20 | −$9.30 | −$3.52 | −$2.18 | $2.33 |
| Operating cash flow | −$307.70M | −$382.79M | −$562.62M | −$278.43M | −$614.96M | −$641.69M | −$541.27M | $104.16M | −$8.31M | $524.08M |
| Capital expenditures | $64.56M | $104.21M | $126.89M | $140.16M | $70.36M | $76.37M | $72.06M | $62.21M | $34.28M | $58.70M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 13.5% | 8.4% |
| Dec 2024 | — | -7.9% | -12.4% |
| Dec 2023 | — | -15.4% | -24.1% |
| Dec 2022 | — | -75.7% | -109.0% |
| Dec 2021 | — | -83.9% | -101.0% |
Source: SEC EDGAR XBRL company facts for CIK 1178670 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.