COLL

Updated: Mar 12, 2026 11:30 AM

Collegium Pharmaceutical Inc

Market Cap: $1.45B P/S: 7x Ownership — Insider: 1.6% | Institutional: 122.9% | Retail: -24.4% HEALTHCARE DRUG MANUFACTURERS - SPECIALTY & GENERIC

Collegium Pharmaceutical, Inc. is a specialized pharmaceutical firm based in Stoughton, Massachusetts, focused on developing and commercializing innovative pain management solutions. The company offers proprietary drug formulations aimed at effectively addressing a spectrum of pain-related conditions, reflecting its dedication to improving patient outcomes and overall quality of care. With a strategic emphasis on advancing specialty pharmaceuticals, Collegium is well-positioned for sustained growth, presenting an attractive investment opportunity for institutional investors seeking exposure to a leader in the healthcare sector dedicated to pain management innovations.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalRevenue                        11/12 dates (92%)
  ⚠️  grossProfit                         11/12 dates (92%)
  ✅ netIncome                           12/12 dates (100%)

Plot for COLL (in M)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -631.45M                  -315.72M                    0.00M                    315.72M                   631.45M
               |                         |                         |                         |                         |

  2013-12-31 |                                                    | -16.20M ⊗⊗
  2014-12-31 |                                                    | -17.92M
  2015-12-31 |                                                   | -27.25M
  2016-12-31 |                                             |  -94.18M
  2017-12-31 |                                               |  -74.86M
  2018-12-31 |                                                  |  280.41M
  2019-12-31 |                                                   |  296.70M
  2020-12-31 |                                                     |  310.02M
  2021-12-31 |                                                     |  276.87M
  2022-12-31 |                                                   |  463.93M
  2023-12-31 |                                                     |  566.77M
  2024-12-31 |                                                     | 631.45M

               |                         |                         |                         |                         |
               -631.45M                  -315.72M                    0.00M                    315.72M                   631.45M

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              12/12 dates (100%)
  ✅ sellingGeneralAndAdministrative     12/12 dates (100%)
  ⚠️  costofGoodsAndServicesSold          11/12 dates (92%)

Plot for COLL (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    63.61M                    127.22M                   190.83M                   254.44M
               |                         |                         |                         |                         |

  2013-12-31 |  14.16M ⊗
  2014-12-31 |  14.96M
  2015-12-31 |  18.93M
  2016-12-31 |  80.63M
  2017-12-31 |  92.76M
  2018-12-31 |  165.68M
  2019-12-31 |  193.66M
  2020-12-31 |  130.18M
  2021-12-31 |  126.25M
  2022-12-31 |  254.44M
  2023-12-31 |  240.60M
  2024-12-31 |  254.10M

               |                         |                         |                         |                         |
               0.00M                    63.61M                    127.22M                   190.83M                   254.44M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         12/12 dates (100%)
  ✅ shortLongTermDebtTotal              12/12 dates (100%)
  ✅ operatingCashflow                   12/12 dates (100%)

Plot for COLL (in M)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -859.30M                  -429.65M                    0.00M                    429.65M                   859.30M
               |                         |                         |                         |                         |

  2013-12-31 |                                                    |  -16.53M
  2014-12-31 |                                                    |  -17.95M
  2015-12-31 |                                                    |  95.70M
  2016-12-31 |                                                |  153.22M
  2017-12-31 |                                                 |  118.70M
  2018-12-31 |                                                     |  169.39M
  2019-12-31 |                                                     |  170.02M
  2020-12-31 |                                                     |  266.58M
  2021-12-31 |                                                     |  258.75M
  2022-12-31 |                                                     |  709.17M
  2023-12-31 |                                                     |  674.28M
  2024-12-31 |                                                     | 859.30M

               |                         |                         |                         |                         |
               -859.30M                  -429.65M                    0.00M                    429.65M                   859.30M

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   12/12 dates (100%)
  ✅ capitalExpenditures                 12/12 dates (100%)

Plot for COLL (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -373.77M                  -186.89M                    0.00M                    186.89M                   373.77M
               |                         |                         |                         |                         |

  2013-12-31 |                                                   |  -16.53M
  2014-12-31 |                                                   |  -17.95M
  2015-12-31 |                                                  |  -21.57M
  2016-12-31 |                                           |  -75.05M
  2017-12-31 |                                            |  -67.02M
  2018-12-31 |                                                     |  169.39M
  2019-12-31 |                                                     |  27.78M
  2020-12-31 |                                                     | 373.77M
  2021-12-31 |                                                     |  103.56M
  2022-12-31 |                                                     |  124.23M
  2023-12-31 |                                                     |  274.75M
  2024-12-31 |                                                     |  204.98M

               |                         |                         |                         |                         |
               -373.77M                  -186.89M                    0.00M                    186.89M                   373.77M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         12/12 dates (100%)
  ✅ totalLiabilities                    12/12 dates (100%)
  ✅ totalShareholderEquity              12/12 dates (100%)

Plot for COLL (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -1.66B                    -0.83B                     0.00B                     0.83B                     1.66B
               |                         |                         |                         |                         |

  2013-12-31 |                                                     |  0.01B
  2014-12-31 |                                                    |  0.02B
  2015-12-31 |                                                     |  0.10B
  2016-12-31 |                                                     |  0.16B
  2017-12-31 |                                                     |  0.14B
  2018-12-31 |                                                     |  0.29B
  2019-12-31 |                                                     |  0.31B
  2020-12-31 |                                                     |  0.64B
  2021-12-31 |                                                     |  0.69B
  2022-12-31 |                                                     |  1.17B
  2023-12-31 |                                                     |  1.14B
  2024-12-31 |                                                     | 1.66B

               |                         |                         |                         |                         |
               -1.66B                    -0.83B                     0.00B                     0.83B                     1.66B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           12/12 dates (100%)
  ✅ shortLongTermDebtTotal              12/12 dates (100%)
  ✅ totalShareholderEquity              12/12 dates (100%)

Plot for COLL (in M)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -859.30M                  -429.65M                    0.00M                    429.65M                   859.30M
               |                         |                         |                         |                         |

  2013-12-31 |                                                    |  -16.20M
  2014-12-31 |                                                    |  -17.92M
  2015-12-31 |                                                   |  85.07M
  2016-12-31 |                                               |  134.91M
  2017-12-31 |                                                |  104.08M
  2018-12-31 |                                                   |  91.58M
  2019-12-31 |                                                    |  87.43M
  2020-12-31 |                                                     |  266.58M
  2021-12-31 |                                                     |  258.75M
  2022-12-31 |                                                   |  709.17M
  2023-12-31 |                                                     |  674.28M
  2024-12-31 |                                                     | 859.30M

               |                         |                         |                         |                         |
               -859.30M                  -429.65M                    0.00M                    429.65M                   859.30M

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for COLL (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -209.36M                  -104.68M                    0.00M                    104.68M                   209.36M
               |                         |                         |                         |                         |

  2019-09-30 |                                                   |  72.94M
  2019-12-31 |                                                    |  74.20M
  2020-03-31 |                                                     |  76.51M
  2020-06-30 |                                                     |  78.06M
  2020-09-30 |                                                     |  79.18M
  2020-12-31 |                                                     |  76.27M
  2021-03-31 |                                                     |  87.72M
  2021-06-30 |                                                     |  82.94M
  2021-09-30 |                                                     |  78.84M
  2021-12-31 |                                               |  27.36M
  2022-03-31 |                                                  |  83.75M
  2022-06-30 |                                                    |  123.55M
  2022-09-30 |                                                     |  127.01M
  2022-12-31 |                                                   |  129.62M
  2023-03-31 |                                                 |  144.77M
  2023-06-30 |                                                     |  135.55M
  2023-09-30 |                                                     |  136.71M
  2023-12-31 |                                                     |  149.75M
  2024-03-31 |                                                     |  144.92M
  2024-06-30 |                                                     |  145.28M
  2024-09-30 |                                                     |  159.30M
  2024-12-31 |                                                     |  181.95M
  2025-03-31 |                                                     |  177.76M
  2025-06-30 |                                                     |  188.00M
  2025-09-30 |                                                     | 209.36M

               |                         |                         |                         |                         |
               -209.36M                  -104.68M                    0.00M                    104.68M                   209.36M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  researchAndDevelopment              18/25 dates (72%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for COLL (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    28.46M                    56.92M                    85.37M                    113.83M
               |                         |                         |                         |                         |

  2019-09-30 |  46.75M
  2019-12-31 |  49.09M
  2020-03-31 |  37.52M
  2020-06-30 |  29.69M
  2020-09-30 |  30.98M
  2020-12-31 |  113.83M
  2021-03-31 |  32.12M
  2021-06-30 |  32.70M
  2021-09-30 |  32.73M
  2021-12-31 |  28.70M
  2022-03-31 |  54.53M
  2022-06-30 |  71.19M
  2022-09-30 |  68.17M
  2022-12-31 |  79.83M
  2023-03-31 |  67.36M
  2023-06-30 |  61.72M
  2023-09-30 |  56.40M
  2023-12-31 |  55.12M
  2024-03-31 |  53.47M ⊗
  2024-06-30 |  54.47M ⊗
  2024-09-30 |  62.51M ⊗
  2024-12-31 |  83.66M ⊗
  2025-03-31 |  80.43M ⊗
  2025-06-30 |  79.62M ⊗
  2025-09-30 |  80.19M ⊗

               |                         |                         |                         |                         |
               0.00M                    28.46M                    56.92M                    85.37M                    113.83M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for COLL (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -936.27M                  -468.13M                    0.00M                    468.13M                   936.27M
               |                         |                         |                         |                         |

  2019-09-30 |                                                     |  153.84M
  2019-12-31 |                                                     |  170.02M
  2020-03-31 |                                                    |  296.89M
  2020-06-30 |                                                     |  286.76M
  2020-09-30 |                                                     |  276.71M
  2020-12-31 |                                                     |  266.58M
  2021-03-31 |                                                     |  294.32M
  2021-06-30 |                                                     |  282.52M
  2021-09-30 |                                                     |  270.66M
  2021-12-31 |                                                     |  258.75M
  2022-03-31 |                                                    |  777.67M
  2022-06-30 |                                                     |  754.91M
  2022-09-30 |                                                     |  732.10M
  2022-12-31 |                                                     |  709.17M
  2023-03-31 |                                                     |  806.24M
  2023-06-30 |                                                     |  762.35M
  2023-09-30 |                                                     |  718.39M
  2023-12-31 |                                                     |  674.28M
  2024-03-31 |                                                     |  629.99M
  2024-06-30 |                                                     |  559.46M
  2024-09-30 |                                                    |  874.39M
  2024-12-31 |                                                     |  859.30M
  2025-03-31 |                                                     |  844.21M
  2025-06-30 |                                                     |  829.11M
  2025-09-30 |                                                     | 936.27M

               |                         |                         |                         |                         |
               -936.27M                  -468.13M                    0.00M                    468.13M                   936.27M

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for COLL (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -99.72M                   -49.86M                    0.00M                    49.86M                    99.72M
               |                         |                         |                         |                         |

  2019-09-30 |                                                     |  6.07M
  2019-12-31 |                                                     |  15.66M
  2020-03-31 |                                                  |  -6.67M
  2020-06-30 |                                                     |  43.85M
  2020-09-30 |                                                     |  34.18M
  2020-12-31 |                                                     |  22.58M
  2021-03-31 |                                                     |  20.57M
  2021-06-30 |                                                     |  29.54M
  2021-09-30 |                                                     |  17.25M
  2021-12-31 |                                                     |  36.20M
  2022-03-31 |                                        |  -25.32M
  2022-06-30 |                                                     |  40.45M
  2022-09-30 |                                                     |  42.77M
  2022-12-31 |                                                     |  66.33M
  2023-03-31 |                                                     |  27.67M
  2023-06-30 |                                                     | 99.72M
  2023-09-30 |                                                     |  74.02M
  2023-12-31 |                                                     |  73.34M
  2024-03-31 |                                                     |  61.94M
  2024-06-30 |                                                     |  67.40M
  2024-09-30 |                                                |  -9.00M
  2024-12-31 |                                                     |  84.64M
  2025-03-31 |                                                     |  55.40M
  2025-06-30 |                                                     |  72.44M
  2025-09-30 |                                                     |  78.44M

               |                         |                         |                         |                         |
               -99.72M                   -49.86M                    0.00M                    49.86M                    99.72M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for COLL (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     0.42B                     0.83B                     1.25B                     1.66B
               |                         |                         |                         |                         |

  2019-09-30 |  0.30B
  2019-12-31 |  0.31B
  2020-03-31 |  0.63B
  2020-06-30 |  0.65B
  2020-09-30 |  0.64B
  2020-12-31 |  0.64B
  2021-03-31 |  0.65B
  2021-06-30 |  0.71B
  2021-09-30 |  0.74B
  2021-12-31 |  0.69B
  2022-03-31 |  1.25B
  2022-06-30 |  1.25B
  2022-09-30 |  1.20B
  2022-12-31 |  1.17B
  2023-03-31 |  1.21B
  2023-06-30 |  1.21B
  2023-09-30 |  1.18B
  2023-12-31 |  1.14B
  2024-03-31 |  1.11B
  2024-06-30 |  1.05B
  2024-09-30 |  1.64B
  2024-12-31 |  1.66B
  2025-03-31 |  1.63B
  2025-06-30 |  1.59B
  2025-09-30 |  1.61B

               |                         |                         |                         |                         |
               0.00B                     0.42B                     0.83B                     1.25B                     1.66B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for COLL (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -936.27M                  -468.13M                    0.00M                    468.13M                   936.27M
               |                         |                         |                         |                         |

  2019-09-30 |                                                    |  84.26M
  2019-12-31 |                                                    |  87.43M
  2020-03-31 |                                                     |  296.89M
  2020-06-30 |                                                     |  286.76M
  2020-09-30 |                                                     |  276.71M
  2020-12-31 |                                                     |  266.58M
  2021-03-31 |                                                     |  294.32M
  2021-06-30 |                                                     |  282.52M
  2021-09-30 |                                                     |  270.66M
  2021-12-31 |                                                    |  258.75M
  2022-03-31 |                                                    |  777.67M
  2022-06-30 |                                                    |  754.91M
  2022-09-30 |                                                     |  732.10M
  2022-12-31 |                                                    |  709.17M
  2023-03-31 |                                                    |  806.24M
  2023-06-30 |                                                     |  762.35M
  2023-09-30 |                                                     |  718.39M
  2023-12-31 |                                                     |  674.28M
  2024-03-31 |                                                     |  629.99M
  2024-06-30 |                                                     |  559.46M
  2024-09-30 |                                                     |  874.39M
  2024-12-31 |                                                     |  859.30M
  2025-03-31 |                                                     |  844.21M
  2025-06-30 |                                                     |  829.11M
  2025-09-30 |                                                     | 936.27M

               |                         |                         |                         |                         |
               -936.27M                  -468.13M                    0.00M                    468.13M                   936.27M

Price History

Volume

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