NASDAQ$ALNY

Alnylam Pharmaceuticals Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Alnylam reported strong Q3 2022 results driven by commercial and clinical execution, with AMVUTTRA's successful U.S. launch and positive clinical trial outcomes.

Alnylam Pharmaceuticals reported strong third-quarter results, highlighted by $232 million in global net product revenues, driven by ONPATTRO, AMVUTTRA, GIVLAARI, and OXLUMO. AMVUTTRA's U.S. launch contributed significantly to growth. The company is on track to submit an sNDA for ONPATTRO and anticipates several pipeline milestones.

  • Global net product revenues reached $232 million, driven by ONPATTRO, AMVUTTRA, GIVLAARI, and OXLUMO.
  • AMVUTTRA's first full quarter in the U.S. achieved $25 million in net product revenues.
  • The U.S. market experienced 30% total TTR growth, bolstered by the AMVUTTRA launch.
  • Positive results from the APOLLO-B Phase 3 study of Patisiran were reported, with an sNDA submission on track for late 2022.

Headline financials

Total Revenue

$264M

Previous: $188M+40.9%
EPS (adj)

-$1.58

Previous: -$1.51-4.6%
Capital Expenditures

-$50.4M

Previous: -$54.5M+7.5%
Free Cash Flow

-$456M

Previous: -$259M-76.2%
Net Income

-$406M

Previous: -$205M-98.5%
Operating Income

-$258M

Previous: -$182M-42.0%
Gross Profit

$228M

Previous: $160M+42.8%
Cash & Equivalents

$1.07B

Previous: $1.09B-1.9%
Total Assets

$3.54B

Previous: $3.47B+1.8%
Stock-Based Comp

$128M

Previous: $33.4M+284.0%

Revenue & EPS history

Alnylam · Revenue · Quarterly

$264M

Q3 2022+40.9%vs Q3 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Alnylam · $232M total across 4 segments · Q3 2022

  • ONPATTRO
    $145M+20.5%
  • GIVLAARI
    $45.7M+43.4%
  • AMVUTTRA
    $25.2M
  • OXLUMO
    $16.4M+10.3%

Forward guidance

Alnylam reaffirmed its full-year 2022 combined net product revenue guidance of $870 million to $930 million. The net revenues from collaborations and royalties guidance was updated to $100 million - $150 million. The GAAP and Non-GAAP R&D and SG&A expenses guidance remain unchanged.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-1.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+3.5%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+15.4%

Q2 2025

Best reaction

-16.9%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.3%-0.0%+0.2%
Q4 2025-4.3%+3.2%-2.8%
Q3 2025-6.7%-12.1%-6.3%
Q2 2025+15.4%+23.3%+31.4%
Q1 2025-3.1%+2.5%+15.7%
Q4 2024-0.4%-6.0%-9.1%
Q3 2024-2.7%-5.8%-10.1%
Q2 2024+14.6%+10.6%+10.6%
Q1 2024+1.6%+2.9%-1.0%
Q4 2023-10.4%-8.8%-9.1%
Q3 2023+6.6%+8.4%+9.2%
Q2 2023-0.8%-1.2%+7.6%
Q1 2023+6.3%+4.2%-2.9%
Q4 2022-5.6%-4.8%-5.5%
Q3 2022+1.7%+6.0%+5.8%
Q2 2022+0.0%+0.0%+48.6%
Q1 2022-13.9%-7.8%-17.5%
Q4 2021-0.4%+1.3%+2.4%
Q3 2021-16.5%-12.3%-1.4%
Q2 2021+3.1%+9.7%+12.5%
Q1 2021-2.0%-8.3%-1.1%
Q4 2020-3.8%-6.3%-13.4%
Q3 2020-6.3%-10.4%-7.1%
Q2 2020-4.6%-9.2%-18.4%
Q1 2020+0.2%+0.8%-9.7%
Q4 2019+3.2%+6.5%-6.7%
Q3 2019+4.3%+5.5%+34.2%
Q2 2019+12.7%+13.1%+16.4%
Q1 2019-7.6%-17.1%-24.4%
Q4 2018-5.0%+2.5%+1.8%
Q3 2018-15.3%-21.3%-13.8%
Q2 2018-3.0%-0.6%+29.8%
Q1 2018+2.6%+6.8%+11.8%
Q4 2017-5.1%-2.3%+9.0%
Q3 2017+1.4%+7.3%-1.4%
Q2 2017-6.8%-2.2%-9.5%
Q1 2017-4.1%+1.5%+31.2%
Q4 2016+11.1%+12.7%+25.4%
Q3 2016-15.1%-2.0%+12.4%
Q2 2016+9.9%+7.1%-3.1%
Q1 2016-9.3%
Q4 2015+4.5%
Q3 2015+5.6%
Q2 2015-16.9%
Q1 2015+6.7%
Q4 2014+2.3%
Q3 2014+3.2%
Q2 2014+1.5%
Q1 2014+5.3%
Q4 2013-2.1%
Q3 2013-11.2%
Q2 2013+3.7%
Q1 2013+3.5%
Q4 2012-0.7%
Q3 2012+0.7%
Q2 2012-1.5%
Q1 2012-9.0%
Q4 2011-9.6%
Q3 2011+1.5%
Q2 2011-14.9%
Q1 2011+2.3%
Q4 2010+13.2%
Q3 2010+2.4%
Q2 2010-0.9%
Q1 2010-5.3%

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