Supernus, Inc. (SUPN)

Supernus, Inc., together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally. It develops medicines to treat substance use disorders. The company's core marketed products include SUBLOCADE buprenorphine extended-release monthly injections; and SUBOXONE Film, a buprenorphine and naloxone sublingual film. It also manufactures SUBOXONE Tablet, a buprenorphine and naloxone sublingual tablet; and SUBUTEX Tablet, a buprenorphine sublingual tablet for the treatment of opioid use disorder (OUD). In addition, the company is developing INDV-2000, a selective orexin-1 receptor antagonist that is in Phase 2 clinical trial for the treatment of moderate to severe OUD; and INDV-6001, a buprenorphine-based long-acting injectable for the treatment of OUD in collaboration with Alar Pharmaceuticals Inc. Supernus, Inc. was formerly known as Indivior Pharmaceuticals, Inc. and changed its name Supernus, Inc. in November 2026. Supernus, Inc. was incorporated in 2014 and is headquartered in Rockville, Maryland.

Ticker
SUPN
Exchange
Nasdaq
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Market cap
$1.54B
52-week range
$25.92 - $42.81

Valuation

Share price
$26.16 (close of Nov 6, 2026)
P/E (TTM)
3.54x
Price to book
-25.72x
Price to free cash flow
49.79x
Enterprise value
$1.27B
Book value per share
$-1.02

Price performance

PeriodChange
1 day-2.17%
5 days-26.04%
1 month-27.13%
3 months-32.35%
6 months-35.58%
Year to date-27.09%
1 year-17.92%
3 years+33.81%
5 years+52.98%
10 years+15.75%
All time+145.63%

Short interest

As of
Oct 15, 2026
Short % of float
8.51%
Shares short
4.04M
Days to cover
4.93
Change since prior report
-18.90%
Source
FINRA consolidated short interest

Profitability and growth

Return on assets
17.49%
Return on capital employed
91.29%
Gross margin
80.23%
Net margin
16.95%
EBITDA margin
21.95%
Revenue growth
4.29%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.01%
Current ratio
0.61x
Net debt to EBITDA
-4.18x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$1.24B
Cost of revenue
$246.00M
Gross profit
$994.00M
EBITDA
$272.00M
Net income
$210.00M
Earnings per share
$3.36
Research and development
$97.00M
Interest expense
$45.00M
Shares outstanding
62.50M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.24B$994.00M$210.00M$3.36
2024-12-31$1.19B$957.00M$7.00M$0.10
2023-12-31$1.09B$919.00M-$126.00M-$1.84
2022-12-31$901.00M$749.00M-$44.00M-$0.64
2021-12-31$791.00M$664.00M$205.00M$2.81

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3180.23%16.95%--
2024-12-3180.56%0.59%--
2023-12-3184.08%-11.53%--
2022-12-3183.13%-4.88%--8.17%
2021-12-3183.94%25.92%100.99%43.56%

Cash and debt by year

Period endCashDebt
2025-12-31$195.00M$290.00M
2024-12-31$320.00M$315.00M
2023-12-31$410.00M$237.00M
2022-12-31$774.00M$237.00M
2021-12-31$1.10B$239.00M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31-$93.00M$26.00M
2024-12-31$7.00M$24.00M
2023-12-31-$308.00M$21.00M
2022-12-31-$9.00M$16.00M
2021-12-31$349.00M$11.00M

Dividend history

Most recent payment
Nov 3, 2026
Paid in the last twelve months
$8.13
Payment dateDividend per share
2026-11-03$8.13

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-29Sep 2026$0.34
2026-08-03Jun 2026$0.30
2026-05-05Mar 2026$0.14
2026-02-24Dec 2025$0.14
2025-11-04Sep 2025$0.33
2025-08-05Jun 2025$0.34
2025-05-06Mar 2025$0.26
2025-02-25Dec 2024$0.40

Filings and sources

Company website
supernus.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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