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SUPERNUS PHARMACEUTICALS, INC.

SUPN · Pharmaceutical Preparations · 58.0M shares · +1%/yr ↑ shares · EDGAR filings ↗

Reference price $49.55 · est. market cap ~$2.9B — last insider sale, 2026-03-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

C63

Diversified commercial CNS pharma with strong cash generation; current-year loss is acquisition-driven, not operational distress.

Strengths

Risks

Notable findings

Quarterly revenue

2025-06-30 · $165M2025-09-30 · $192M2025-12-31 · $212M2026-03-31 · $208M

Last 4 quarters · from SEC filings.

Key metrics

Gross margin
89.6%
Operating margin
-8.7%
Net margin
-5.4%
Return on equity
-3.6%
Return on assets
-2.7%
Revenue growth (QoQ)
-1.8%
Net-income growth
-152.2%
Current ratio
1.9×
Free cash flow
$46M
EBITDA
$29M
Tangible book value
$367M
Cash & investments
$128M
Stock comp / revenue
4.6%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-03-18Bhatt Padmanabh P.Option exercise7.2K$39.40
2026-03-18Bhatt Padmanabh P.Sell6.8K$49.55
2026-03-18Bhatt Padmanabh P.Sell412$50.48
2026-03-17Bhatt Padmanabh P.Option exercise12K$36.75
2026-03-17Bhatt Padmanabh P.Sell28K$49.95
2026-03-17Bhatt Padmanabh P.Option exercise15K$38.60
2026-03-17Bhatt Padmanabh P.Sell22K$50.73
2026-03-17Bhatt Padmanabh P.Option exercise23K$39.40
2026-03-16Bhatt Padmanabh P.Option exercise4.2K$29.61
2026-03-16Bhatt Padmanabh P.Option exercise18K$32.20
2026-03-16Bhatt Padmanabh P.Option exercise5.0K$27.94
2026-03-16Bhatt Padmanabh P.Sell34K$50.18
2026-03-16Bhatt Padmanabh P.Sell16K$50.49
2026-03-16Bhatt Padmanabh P.Option exercise23K$36.75
2026-03-13Khattar Jack A.Other12K
2026-03-13Khattar Jack A.Other12K
2026-03-13Khattar Jack A.Sell24K$50.09
2026-03-13Khattar Jack A.Sell11K$51.00
2026-03-13Khattar Jack A.Sell120$51.75
2026-03-12Hudson Frederick M.Sell5.4K$50.61
2026-03-10Horich William ToddSell4.4K$55.00
2026-03-09Mottola FrankSell1.6K$53.65
2026-03-09Horich William ToddSell4.4K$54.00
2026-03-06Horich William ToddOption exercise3.8K
2026-03-06Horich William ToddOption exercise1.1K
2026-03-06Horich William ToddTax withheld521$54.73
2026-03-06Khattar Jack A.Option exercise39K
2026-03-06Khattar Jack A.Tax withheld17K$54.73
2026-03-06DEC TIMOTHY COption exercise3.0K
2026-03-06DEC TIMOTHY CTax withheld1.4K$54.73
2026-03-06DEC TIMOTHY COption exercise3.0K
2026-03-06DEC TIMOTHY CTax withheld1.4K$54.73
2026-03-06GEMAYEL GEORGESOption exercise7.9K$25.30
2026-03-06GEMAYEL GEORGESSell8.8K$53.00
2026-03-06Horich William ToddTax withheld1.7K$54.73
2026-03-06Horich William ToddTax withheld1.2K$54.73
2026-03-06Mottola FrankOption exercise3.8K
2026-03-06Mottola FrankTax withheld1.8K$54.73
2026-03-06Horich William ToddOption exercise2.6K
2026-03-05GEMAYEL GEORGESSell10K$53.71
2026-02-25Mottola FrankTax withheld977$50.69
2026-02-25Bhatt Padmanabh P.Grant1.2K
2026-02-25Bhatt Padmanabh P.Tax withheld650$50.69
2026-02-25DEC TIMOTHY CGrant2.5K
2026-02-25Rubin JonathanGrant1.2K
2026-02-25Rubin JonathanTax withheld675$50.69
2026-02-25DEC TIMOTHY CTax withheld1.3K$50.69
2026-02-25Mottola FrankGrant1.9K
2026-02-24Bhatt Padmanabh P.Grant1.1K
2026-02-24Rubin JonathanGrant1.1K
2026-02-24Rubin JonathanTax withheld603$51.35
2026-02-24Rubin JonathanGrant750
2026-02-24Rubin JonathanTax withheld369$50.86
2026-02-24Rubin JonathanGrant1.2K
2026-02-24Rubin JonathanTax withheld671
2026-02-24Mottola FrankGrant1.1K
2026-02-24Mottola FrankTax withheld603$51.35
2026-02-24Mottola FrankGrant750
2026-02-24Mottola FrankTax withheld368$50.86
2026-02-24Mottola FrankGrant1.2K
2026-02-24Mottola FrankTax withheld670$50.86
2026-02-24Barlow CarroleeGrant4.5K
2026-02-24Bhatt Padmanabh P.Tax withheld581$51.35
2026-02-24Bhatt Padmanabh P.Grant750
2026-02-24Bhatt Padmanabh P.Tax withheld354$50.86
2026-02-24Bhatt Padmanabh P.Grant1.2K
2026-02-24Bhatt Padmanabh P.Tax withheld646$50.86
2026-02-24Hudson Frederick M.Grant4.5K
2026-02-24GEMAYEL GEORGESGrant4.5K
2026-02-24DEC TIMOTHY CGrant1.1K
2026-02-24DEC TIMOTHY CTax withheld603$51.35
2026-02-24DEC TIMOTHY CGrant500
2026-02-24DEC TIMOTHY CTax withheld242$50.86
2026-02-24DEC TIMOTHY CGrant3.0K
2026-02-24DEC TIMOTHY CTax withheld1.5K$50.86
2026-02-24NEWHALL CHARLES W IIIGrant4.5K
2026-02-23GEMAYEL GEORGESOption exercise15K$12.98
2026-02-19Sensenig BethanySell1.2K$50.31
2026-02-19Sensenig BethanyOption exercise4.5K
2026-02-19Sensenig BethanySell3.3K$51.27
2026-01-09Hudson Frederick M.Option exercise15K$12.98
2025-12-19Mottola FrankSell5.0K$50.22
2025-12-19Mottola FrankOption exercise5.0K$39.40
2025-12-19Mottola FrankOption exercise15K$25.30
2025-12-19Mottola FrankSell15K$50.47
2025-12-18Bhatt Padmanabh P.Option exercise1.5K
2025-12-18Bhatt Padmanabh P.Sell710$44.44
2025-11-21NEWHALL CHARLES W IIIOption exercise15K$12.98
2025-10-09NEWHALL CHARLES W IIISell24K$50.73
2025-10-09Khattar Jack A.Option exercise81K$25.30
2025-10-09Khattar Jack A.Sell58K$50.55
2025-10-09Khattar Jack A.Sell1.5K$51.46
2025-10-09NEWHALL CHARLES W IIISell1.2K$51.55
2025-10-02Khattar Jack A.Option exercise2.3K$25.30
2025-10-02Khattar Jack A.Option exercise20K
2025-10-02Khattar Jack A.Tax withheld7.8K$46.21
2025-10-02Khattar Jack A.Option exercise19K
2025-10-02Khattar Jack A.Tax withheld7.5K$46.21
2025-10-02Khattar Jack A.Sell1.9K$48.06
2025-10-01Khattar Jack A.Option exercise54K$25.30
2025-10-01Khattar Jack A.Sell40K$48.07
2025-09-30Khattar Jack A.Option exercise12K$25.30
2025-09-30Khattar Jack A.Sell8.6K$48.25
2025-09-29Khattar Jack A.Option exercise14K$25.30
2025-09-29Khattar Jack A.Sell10K$48.02
2025-09-25Rubin JonathanTax withheld840$46.21
2025-09-25Rubin JonathanOption exercise1.9K
2025-09-23Khattar Jack A.Option exercise48K$12.98
2025-09-23Khattar Jack A.Sell30K$47.23
2025-09-22Khattar Jack A.Option exercise27K$12.98
2025-09-22Khattar Jack A.Sell17K$47.02
2025-09-12Mottola FrankOption exercise5.0K$39.40
2025-09-12Mottola FrankSell5.0K$45.87
2025-09-08Khattar Jack A.Option exercise8.1K$25.30
2025-09-08Khattar Jack A.Sell6.3K$46.29
2025-09-05Khattar Jack A.Sell56K$46.01
2025-09-05Khattar Jack A.Option exercise73K$25.30
2025-08-28Khattar Jack A.Option exercise39K$12.98
2025-08-28Khattar Jack A.Sell24K$45.12
2025-08-27NEWHALL CHARLES W IIISell3.6K$45.01
2025-08-27Khattar Jack A.Option exercise17K$12.98
2025-08-27Khattar Jack A.Sell11K$45.05
2025-08-25Khattar Jack A.Sell1.0K$45.00
2025-08-25Mottola FrankOption exercise14K$12.98
2025-08-25Mottola FrankSell14K$44.51
2025-08-25Khattar Jack A.Option exercise1.6K$12.98
2025-08-25Bhatt Padmanabh P.Option exercise1.2K
2025-08-25Bhatt Padmanabh P.Tax withheld581$41.46
2025-08-25NEWHALL CHARLES W IIISell1.0K$45.00
2025-08-22Khattar Jack A.Option exercise2.4K$12.98
2025-08-22Khattar Jack A.Sell1.5K$45.00
2025-08-22DEC TIMOTHY CSell12K$44.49
2025-08-22NEWHALL CHARLES W IIISell1.4K$45.00
2025-08-14Sensenig BethanySell5.4K$42.25
2025-08-14Hudson Frederick M.Sell7.5K$42.26
2025-08-06Khattar Jack A.Option exercise60K$12.98
2025-08-06Khattar Jack A.Sell38K$40.24
2025-08-06Khattar Jack A.Option exercise60K$12.98
2025-08-06Khattar Jack A.Sell38K$42.00
2025-08-06Khattar Jack A.Option exercise81K$25.30
2025-08-06Khattar Jack A.Sell64K$43.12
2025-04-02Khattar Jack A.Other17K
2025-04-02Khattar Jack A.Other17K
2025-03-10Khattar Jack A.Option exercise35K
2025-03-10Khattar Jack A.Tax withheld17K$32.06
2025-03-10DEC TIMOTHY COption exercise2.0K
2025-03-10DEC TIMOTHY CTax withheld1.1K$32.06
2025-03-10DEC TIMOTHY COption exercise1.8K
2025-03-10DEC TIMOTHY CTax withheld955$32.06
2025-03-07Khattar Jack A.Tax withheld19K$39.11
2025-03-07Khattar Jack A.Option exercise39K
2025-03-07Mottola FrankOption exercise2.6K
2025-03-07Mottola FrankTax withheld1.4K$39.11
2025-03-05DEC TIMOTHY CTax withheld1.3K$33.05
2025-03-05DEC TIMOTHY CTax withheld276$33.05
2025-03-05Bhatt Padmanabh P.Tax withheld575$33.05
2025-03-05Mottola FrankTax withheld337$33.05
2025-03-05Mottola FrankTax withheld610$33.05
2025-03-05Mottola FrankTax withheld945$33.05
2025-03-05Rubin JonathanTax withheld314$33.05
2025-03-05Rubin JonathanTax withheld577$33.05
2025-03-05Rubin JonathanTax withheld577$33.05
2025-03-05DEC TIMOTHY CTax withheld1.6K$33.05
2025-03-05Bhatt Padmanabh P.Tax withheld335$33.05
2025-03-05Bhatt Padmanabh P.Tax withheld575$33.05
2025-02-26Mottola FrankTax withheld976$39.48
2025-02-26Mottola FrankOption exercise3.8K
2025-02-26Mottola FrankTax withheld1.9K$39.48
2025-02-26Mottola FrankOption exercise2.0K
2025-02-23DEC TIMOTHY CGrant2.5K
2025-02-23Mottola FrankGrant1.9K
2025-02-23Bhatt Padmanabh P.Grant1.2K
2025-02-23Rubin JonathanGrant1.2K
2025-02-22Mottola FrankGrant750
2025-02-22Bhatt Padmanabh P.Grant750
2025-02-22Bhatt Padmanabh P.Grant1.2K
2025-02-22Rubin JonathanGrant750
2025-02-22Rubin JonathanGrant1.2K
2025-02-22Mottola FrankGrant1.2K
2025-02-22DEC TIMOTHY CGrant500
2025-02-22DEC TIMOTHY CGrant3.0K
2025-02-22Hudson Frederick M.Grant5.4K
2025-02-22NEWHALL CHARLES W IIIGrant5.4K
2025-02-22GEMAYEL GEORGESGrant5.4K
2025-02-22Barlow CarroleeGrant5.4K
2025-02-22Sensenig BethanyGrant5.4K
2025-02-21Bhatt Padmanabh P.Option exercise1.6K
2025-02-21Rubin JonathanSell927$39.15
2025-02-21Mottola FrankOption exercise1.1K
2025-02-21Mottola FrankTax withheld552$39.15
2025-02-21Rubin JonathanOption exercise1.9K
2025-02-21Bhatt Padmanabh P.Tax withheld860$39.15
2025-02-04Bhatt Padmanabh P.Sell9.5K$39.70
2025-02-04Bhatt Padmanabh P.Option exercise9.5K$29.61
2025-01-28Bhatt Padmanabh P.Option exercise700$29.61
2025-01-28Bhatt Padmanabh P.Sell700$39.62
2025-01-27Bhatt Padmanabh P.Sell2.6K$39.62
2025-01-27Bhatt Padmanabh P.Option exercise2.6K$29.61
2025-01-22Hudson Frederick M.Option exercise20K$9.13

All non-derivative Form 4 activity (SEC), newest first.

Clinical trials

TrialTitlePhaseStatusPrimary completion
NCT07141329 ↗SPN-817 Open-Label Extension Study in Adults With Focal Onset Seizures
Focal Onset Seizures
PHASE2Recruiting2027-12-31
NCT05518578 ↗Safety and Tolerability Study of SPN-817 in Adult Patients With Treatment Resistant Epilepsy
Epilepsy, Seizures, Epileptic
PHASE2Recruiting2027-12-31
NCT06798896 ↗RENAISSANCE 2: SPN-817 Phase 2, Double-Blind, Placebo-Controlled Study in Adults With Focal Onset Seizures
Focal Onset Seizures
PHASE2Recruiting2027-08-01
NCT07219927 ↗Real-World Patient Experiences Using Continuous Subcutaneous Apomorphine Infusion (ONAPGOTM) in the United States:
Parkinson Disease
Recruiting2027-08-01
NCT07226661 ↗Double-blind, Placebo-controlled Study in Adults With Major Depressive Disorder
Major Depressive Disorder (MDD)
PHASE2Recruiting2026-12-31
NCT03474770 ↗BIS-001-ER for the Treatment of Adult Focal Impaired Awareness Seizures
Focal Impaired Awareness Seizures
PHASE1/PHASE2Active Not Recruiting2026-12-30
NCT02736656 ↗Open-label Study to Evaluate Long-term Safety and Efficacy of SPN-812 (Viloxazine Extended-release Capsule)
Attention-Deficit/Hyperactivity Disorder
PHASE3Active Not Recruiting2026-09-01
NCT04781140 ↗Evaluation of SPN-812 (Viloxazine Extended-release Capsule) in Preschool-age Children With ADHD
Attention-Deficit/Hyperactivity Disorder
PHASE4Recruiting2026-06-01
NCT02339064 ↗Infusion of Apomorphine: Long-term Safety Study
Idiopathic Parkinson's Disease
PHASE3Active Not Recruiting2018-12-01
NCT05655520 ↗A Study to Evaluate the Safety and Tolerability of SAGE-718 in Participants With Huntington's Disease
Huntington's Disease
PHASE3Terminated2025-01-20
NCT06185985 ↗Open-label Safety and Efficacy of SPN-812 (Viloxazine Extended-release Capsule) in Adults With ADHD and Mood Symptoms
Attention-Deficit/Hyperactivity Disorder
PHASE4Completed2024-12-03
NCT05107128 ↗A Study to Evaluate the Effect of SAGE-718 on Cognitive Function in Participants With Huntington's Disease (HD)
Huntington's Disease
PHASE2Completed2024-09-04
NCT05619692 ↗A Study to Evaluate the Effects of SAGE-718 in Participants With Mild Cognitive Impairment or Mild Dementia Due to Alzheimer's Disease (AD)
Mild Cognitive Impairment, Mild Dementia
PHASE2Completed2024-06-05
NCT05358821 ↗28-Day Study of SAGE-718 on Functioning Capacity in Participants With Huntington's Disease
Huntington Disease
PHASE2Completed2024-02-29
NCT05318937 ↗A Study to Evaluate the Effects of SAGE-718 in Participants With Parkinson's Disease Cognitive Impairment
Parkinson Disease, Cognitive Dysfunction
PHASE2Completed2024-01-17
NCT05645432 ↗An Open-Label Study Evaluating Brexanolone in Adults With Tinnitus
Tinnitus
PHASE2Completed2023-11-21
NCT06259331 ↗Evaluation of Viloxazine and Its Metabolite 5-Hydroxy-viloxazine Glucuronide Into Breast Milk in Healthy Lactating Women
Healthy Lactating Women
PHASE4Completed2023-09-20
NCT04786990 ↗Open-Label Study of SPN-812 Administered With Psychostimulants in Children and Adolescents With ADHD
Attention-Deficit/Hyperactivity Disorder (ADHD)
PHASE4Completed2023-05-23
NCT04050293 ↗Therapy for Migraine Prevention in Children 6-11 Years of Age
Migraine Disorders, Headache Disorders
PHASE4Terminated2023-03-01
NCT04143217 ↗Open-label Long-Term Safety and Efficacy of SPN-812 (Viloxazine Extended-release Capsule) in Adults With ADHD
Attention-Deficit/Hyperactivity Disorder
PHASE3Completed2022-07-26

Source: ClinicalTrials.gov (U.S. NIH) · active studies first.

Notable events (8-K)

DateItems
2026-06-18Shareholder voteExhibitsfiling ↗
2026-05-20Debt obligationExhibitsfiling ↗
2026-05-05ResultsExhibitsfiling ↗
2026-04-22Resultsfiling ↗
2026-04-07Material agreementAcquisition/dispositionExhibitsfiling ↗
2026-02-24ResultsExhibitsfiling ↗
2026-02-24Exec/director changeExhibitsfiling ↗
2026-02-12ResultsExhibitsfiling ↗

Recent filings

FormFiledPeriodAccession
8-K2026-06-182026-06-180001356576-26-000028 ↗
8-K2026-05-202026-05-170001356576-26-000025 ↗
10-Q2026-05-052026-03-310001356576-26-000022 ↗
8-K2026-05-052026-05-050001356576-26-000020 ↗
8-K2026-04-222026-04-220001356576-26-000015 ↗
8-K2026-04-072026-04-010001104659-26-040497 ↗
10-K2026-03-022025-12-310001356576-26-000011 ↗
8-K2026-02-242026-02-240001356576-26-000007 ↗
8-K2026-02-242026-02-240001356576-26-000004 ↗
8-K2026-02-122026-02-120001356576-26-000002 ↗
8-K2026-01-282026-01-280001628280-26-003907 ↗
10-Q2025-11-062025-09-300001356576-25-000071 ↗