← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Apellis revenue rose 28.5% to $1.0B, turning net income and free cash flow positive.
The read at a glance✓ Audited against SEC data
- Business mix — Complement therapeuticsNote
- Revenue — Revenue rose 28.5% to $1.0BOK
- Profitability — Net income turned positiveOK
- Cash — FCF turned positive at $45.0MOK
- Balance sheet — Equity rose 62.0%OK
- Insiders — 0 buys / 43 sellsWatch
- Accounting — Altman-Z distress; EQ safeWatch
Business
Apellis is a commercial-stage biopharma company focused on complement inhibition, with marketed drugs SYFOVRE and EMPAVELI.
Where the revenue comes from
Fiscal 2025, as Apellis Pharmaceuticals, Inc. reports it. History and quarterly detail are in the app.
- Product$689.4M
- Syfovre$586.9M
- Licensing And Other Revenue$314.4M
- Empaveli Pegcetacoplan$102.4M
Leadership changes
From Apellis Pharmaceuticals, Inc.'s own filings, the day they're filed.
- Adam Townsend · Chief Operating Officer · appointmenteff. 2024-01-16
- Wharton School · director · appointment
- Craig A. Wheeler · director · departure
Latest filings
- 8-K · Company announcement2026-05-14
- 10-Q · Quarterly report2026-05-07
- 8-K · Company announcement2026-05-04
- 8-K · Company announcement2026-03-31
- 8-K · Company announcement2026-03-02
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Apellis Pharmaceuticals, Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.