Apellis Pharmaceuticals, Inc.

Apellis Pharmaceuticals, Inc.

APLSยทNASDAQ

$41.03

-0.073%
HealthcareBiotechnology

Apellis Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic compounds through the inhibition of the complement system for autoimmune and inflammatory diseases. The company's lead product candidate is pegcetacoplan that is in Phase III clinical trials for the treatment of geographic atrophy (GA) in age-related macular degeneration and paroxysmal nocturnal hemoglobinuria (PNH) diseases. It also develops EMPAVELI (systemic pegcetacoplan) for the treatment of cold agglutinin disease (CAD), and hematopoietic stem cell transplantation-associated thrombotic microangiopathy (HSCT-TMA) in hematology; C3 glomerulopathy (C3G), and immune complex membranoproliferative glomerulonephritis (IC-MPGN) in nephrology; and amyotrophic lateral sclerosis (ALS) in neurology. In addition, the company develops APL-2006, a bispecific C3 and VEGF inhibitor for treating complement-mediated disorders; APL-1030, a C3 inhibitor for the treatment of multiple neurodegenerative diseases; and the combination of EMPAVELI and a small interfering RNA, or siRNA for reducing the production of C3 proteins by the liver. It has a collaboration and license agreement with Swedish Orphan Biovitrum AB (publ) to co-develop pegcetacoplan; and a research collaboration with Beam Therapeutics Inc. focused on the use of Beam's base editing technology to discover new treatments for complement-driven diseases. Apellis Pharmaceuticals, Inc. was incorporated in 2009 and is based in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$5.25B
EPS0.1800
P/E Ratio227.94
Earnings Date07/30/2026
3Y+41.0%
5Y+12.0%
10Y+3820.0%
3Y+19.0%
5Y-7.0%
10Y+19277.0%
3Y+118.0%
5Y+81.0%
10Y+1456.0%
apls

Apellis Pharmaceuticals, Inc. Funding & Solvency Profile

APLS ยท NASDAQ
Cash & Cash Equivalents467.76M
Net Receivables366.22M
Inventory142.56M
Other Current Assets0.00
Total Current Assets1 B
Property, Plant & Equipment19.90M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets40.51M
Total Non-Current Assets60 M
Total Assets
1.08B

Financial Health Analysis

Current Ratio

3.14x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.90x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

691 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

94% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Apellis Pharmaceuticals, Inc. Balance Sheet

APLS โ€ข NASDAQ

Apellis Pharmaceuticals, Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
ASSETS
CURRENT ASSETS
467.8M
411.3M
351.2M
551.8M
640.2M
565.8M
352M
176.3M
175.6M
24.9M
36M
13.6M
4.8M
0.0
4.8M
1.1M
0.0
61M
311.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
467.8M
416.1M
352.3M
551.8M
701.2M
877.6M
352M
176.3M
175.6M
24.9M
36M
13.6M
4.8M
366.2M
271.7M
206.4M
7.7M
80.1M
25M
0.0
0.0
0.0
0.0
0.0
465.9K
67.2K
366.2M
271.7M
206.4M
7.7M
80.1M
25M
0.0
0.0
0.0
0.0
0.0
0.0
67.2K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
465.9K
0.0
142.6M
82.5M
146.4M
85.7M
24M
0.0
0.0
0.0
0.0
0.0
0.0
137.4K
342.7K
38.3M
9.5M
38.8M
36.4M
5.2M
3.4M
19.8M
24.3M
5.1M
1.1M
0.0
137.4K
342.7K
0.0
9.1M
22.4M
36.7M
13.5M
11.1M
1.3M
1.8M
1.3M
1.4M
2M
21.1K
22K
1B
789M
766.3M
719.5M
824M
917.2M
373.1M
202.4M
182M
27.4M
38M
14.2M
5.2M
NON-CURRENT ASSETS
19.9M
19M
21.1M
24.9M
26.1M
24.5M
15.8M
977.9K
0.0
0.0
0.0
21.7K
9.1K
0.0
0.0
3.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
40.5M
77.1M
-1.9M
15.8M
31.6M
18.9M
385.1K
116.4K
116.2K
64.5K
133.3K
37.2K
0.0
60.4M
96.1M
22.4M
40.7M
57.7M
43.4M
16.2M
1.1M
116.2K
64.5K
133.3K
58.9K
9.1K
1.1B
885.1M
788.7M
760.2M
881.8M
960.6M
389.2M
203.5M
182.1M
27.4M
38.2M
14.3M
5.2M
LIABILITIES
CURRENT LIABILITIES
56.8M
38.6M
37.5M
37.3M
16.9M
8.5M
8.4M
10.3M
3.7M
2.5M
2.5M
751.5K
353.9K
56.8M
38.6M
37.5M
37.3M
16.9M
8.5M
8.4M
10.3M
3.7M
2.5M
2.5M
751.5K
353.9K
38.5M
140.2M
127.8M
43.2M
103.2M
111.9M
11.4M
5.1M
2.9M
1.1M
722.7K
330K
323.1K
100.7M
0.0
0.0
0.0
0.0
0.0
2.6M
1.7M
0.0
0.0
0.0
0.0
0.0
0.0
6.8M
6.4M
5.6M
4.1M
3.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
127.5M
0.0
75.8M
81.4M
7.6M
4.2M
43.3M
0.0
0.0
0.0
0.0
0.0
0.0
323.6M
185.5M
247.6M
167.6M
131.8M
128.3M
65.8M
17M
6.6M
3.6M
3.2M
1.1M
677K
NON-CURRENT LIABILITIES
373.6M
452.8M
93M
92.7M
189M
358.8M
142.6M
25.4M
26.4M
0.0
0.0
0.0
0.0
-4M
8M
242.1M
315.6M
345.2M
253.6M
134.8M
158.8K
244.3K
0.0
0.0
0.0
0.0
381.5M
471M
346.6M
422.7M
551.3M
627.7M
289.3M
25.5M
26.6M
0.0
0.0
0.0
0.0
11.9M
17M
17.9M
20M
21.2M
18.9M
11.9M
0.0
0.0
0.0
0.0
0.0
0.0
705.1M
656.5M
594.2M
590.3M
683.1M
756M
355M
42.6M
33.2M
3.6M
3.2M
1.1M
677K
SHAREHOLDERS' EQUITY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
92.1M
77.2M
35.9M
16.8M
12K
12K
12K
11K
10K
8K
6.4K
5.6K
5K
843.0
843.0
978.0
978.0
3.4B
3.3B
3B
2.5B
1.9B
1.1B
615.8M
437.9M
298.2M
30M
28.9M
2M
1.3M
-3B
-3B
-2.8B
-2.3B
-1.7B
-926.3M
-581.5M
-276.8M
-149.3M
-98.3M
-71.1M
-24.6M
-13.8M
-2.1M
-3.3M
-3.5M
-875K
-2.1M
-117K
-153.8K
-122.8K
0.0
0.0
0.0
-21.5K
-15.6K
0.0
0.0
0.0
0.0
0.0
-1.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
370.1M
228.5M
194.5M
169.9M
198.7M
204.6M
34.2M
161M
148.9M
23.8M
35M
13.2M
4.5M
370.1M
228.5M
194.5M
169.9M
198.7M
204.6M
34.2M
161M
148.9M
23.8M
35M
13.2M
4.5M
SUMMARY
1.1B
885.1M
788.7M
760.2M
881.8M
960.6M
389.2M
203.5M
182.1M
27.4M
38.2M
14.3M
5.2M
0.0
4.8M
4.4M
0.0
61M
311.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
486.3M
469.8M
110.9M
112.7M
210.2M
377.7M
157M
27M
26.4M
0.0
0.0
0.0
0.0
18.5M
58.5M
-240.3M
-439.1M
-430M
-188M
-195M
-149.2M
-149.3M
-24.9M
-36M
-13.6M
-4.8M
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218
126,525,218

SEC Filings

APLS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
April 28, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 28, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 31, 2026
March 30, 2026
2026
8-K

8-K 2026

N/A

March 02, 2026
February 27, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 12, 2026
January 12, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
10-Q

10-Q 2025 Q2

Q2

July 31, 2025
June 30, 2025
2025
Showing 1 to 10 of 125 filings