Apellis Pharmaceuticals, Inc. (APLS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.03B | 1.01B | 990.68M | 755.61M | 727.72M | 788.95M | 833.9M | 859.97M | 811.43M | 766.33M | 796.77M | 892.69M | 954.25M | 719.52M | 831.94M | 959.97M | 1.1B | 824.05M | 475.43M | 655.13M |
| Cash & Short-Term Investments | 405.21M | 467.76M | 479.17M | 371.47M | 358.39M | 416.14M | 396.86M | 368.04M | 327.03M | 352.3M | 465.53M | 625.68M | 765.08M | 551.8M | 708.55M | 852.8M | 965.3M | 701.23M | 430.31M | 599.01M |
| Cash Only | 405.21M | 467.76M | 479.17M | 371.47M | 358.39M | 411.29M | 396.86M | 360.09M | 327.03M | 351.19M | 452.41M | 616.26M | 765.08M | 551.8M | 584.19M | 604.49M | 633.46M | 640.19M | 283.75M | 270.76M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 4.85M | 0 | 7.95M | 0 | 1.11M | 13.12M | 9.42M | 0 | 0 | 124.36M | 248.31M | 331.84M | 61.03M | 146.57M | 328.25M |
| Accounts Receivable | 440.3M | 366.22M | 354.63M | 229.23M | 244.38M | 271.72M | 283.97M | 308.85M | 267.84M | 206.44M | 186.99M | 128.3M | 31.5M | 7.73M | 8.09M | 7.52M | 6.33M | 80.1M | 23.52M | 20.72M |
| Days Sales Outstanding | 189.02 | 165.87 | 58.57 | 120.73 | 139.24 | 120.28 | 138.54 | 131.4 | 125.23 | 123.64 | 131.37 | 76.56 | 39.37 | 32.11 | 32.55 | 38.6 | 270.46 | 79.06 | 360.19 | 2.97K |
| Inventory | 131.41M | 142.56M | 122.82M | 121M | 82.47M | 82.48M | 121.06M | 162.18M | 161.28M | 146.36M | 115.27M | 106.86M | 85.48M | 85.71M | 59.75M | 48.45M | 32.85M | 24M | 1.68M | 3.73M |
| Days Inventory Outstanding | 304.05 | 410.76 | 457.2 | 657.89 | 216.03 | 229.17 | 388.27 | 624.98 | 677.76 | 604.41 | 455.95 | 1.04K | 986.54 | 2.29K | 3.6K | 45.11K | 2.05K | 2.81K | 1.67K | - |
| Other Current Assets | 51.11M | 0 | 2.49M | 4.75M | 5.38M | 9.1M | 8.2M | 9.13M | 12.12M | 22.41M | 16.33M | 20.05M | 35.62M | 36.66M | 25.18M | 29.73M | 74.97M | 13.54M | 14.54M | 26.8M |
| Total Non-Current Assets | 54.51M | 60.42M | 68.05M | 65.78M | 79.57M | 96.1M | 67.97M | 44.51M | 20.5M | 22.4M | 21.45M | 22.89M | 24.61M | 40.69M | 40.95M | 42.53M | 41.87M | 57.72M | 50.26M | 44.79M |
| Property, Plant & Equipment | 20.36M | 19.9M | 21.65M | 16.75M | 17.77M | 19.04M | 20.44M | 20.16M | 19.19M | 21.09M | 20.27M | 22.07M | 23.82M | 24.89M | 25.2M | 26.65M | 25.86M | 26.08M | 27.44M | 28.69M |
| Fixed Asset Turnover | 9.54x | 9.62x | 23.88x | 10.34x | 9.07x | 10.77x | 9.70x | 10.15x | 8.56x | 7.08x | 5.22x | 4.14x | 1.84x | 0.90x | 0.85x | 0.62x | 0.55x | 2.25x | 0.20x | 0.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 34.15M | 40.51M | 46.4M | 49.03M | 61.8M | 77.06M | 47.53M | 24.35M | 1.31M | -1.93M | 1.18M | 827K | 793K | 15.8M | 15.75M | 15.88M | 16.01M | 31.64M | 22.82M | 16.1M |
| Total Assets | 1.08B | 1.08B | 1.06B | 821.39M | 807.28M | 885.05M | 901.87M | 904.48M | 831.93M | 788.73M | 818.22M | 915.58M | 978.87M | 760.22M | 872.89M | 1B | 1.15B | 881.76M | 525.69M | 699.91M |
| Asset Turnover | 0.18x | 0.19x | 0.49x | 0.22x | 0.20x | 0.24x | 0.22x | 0.23x | 0.21x | 0.18x | 0.13x | 0.10x | 0.05x | 0.03x | 0.02x | 0.02x | 0.01x | 0.09x | 0.01x | 0.00x |
| Asset Growth % | 34.1% | 21.49% | 17.39% | -9.19% | -2.96% | 12.21% | 10.22% | -1.21% | -15.01% | 3.75% | -6.26% | -8.67% | -14.57% | -13.78% | 66.05% | 43.23% | 41.44% | -8.2% | -31.58% | -19.56% |
| Total Current Liabilities | 283.45M | 323.6M | 279.53M | 200.66M | 178.38M | 185.51M | 191.26M | 169.17M | 215.29M | 247.59M | 185.63M | 174.84M | 138.64M | 167.61M | 115.45M | 126.79M | 124.77M | 131.85M | 94.24M | 157.79M |
| Accounts Payable | 49.05M | 56.8M | 38.6M | 54.24M | 55.29M | 38.57M | 42.73M | 38.27M | 26.79M | 37.52M | 18.19M | 27.5M | 31.49M | 37.34M | 14.1M | 16.22M | 12.27M | 16.91M | 4.98M | 5.34M |
| Days Payables Outstanding | 117.47 | 147.66 | 174.1 | 354.14 | 122.92 | 91.54 | 111.03 | 125.7 | 141.67 | 128.69 | 93.79 | 320.35 | 396.67 | 808.99 | 1.01K | 15.81K | 1.05K | 2.39K | 3.19K | - |
| Short-Term Debt | 6.96M | 100.75M | 93.58M | 0 | 0 | 0 | 0 | 0 | 83.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 1.9M | 0 | 3.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 227.44M | 127.55M | 0 | 112.53M | 38.9M | 0 | 32.9M | 1.9M | -6.26M | 75.83M | 44.61M | 43.77M | 30.07M | 81.43M | 16.15M | 15.84M | 2.66M | 7.58M | 15.33M | 14.11M |
| Current Ratio | 3.63x | 3.14x | 3.54x | 3.77x | 4.08x | 4.25x | 4.36x | 5.08x | 3.77x | 3.10x | 4.29x | 5.11x | 6.88x | 4.29x | 7.21x | 7.57x | 8.85x | 6.25x | 5.05x | 4.15x |
| Quick Ratio | 3.16x | 2.70x | 3.10x | 3.16x | 3.62x | 3.81x | 3.73x | 4.12x | 3.02x | 2.50x | 3.67x | 4.49x | 6.27x | 3.78x | 6.69x | 7.19x | 8.58x | 6.07x | 5.03x | 4.13x |
| Cash Conversion Cycle | 375.6 | 428.96 | 341.67 | 424.47 | 232.35 | 257.91 | 415.78 | 630.68 | 661.32 | 599.35 | 493.53 | 800.69 | 629.24 | 1.51K | 2.63K | 29.34K | 1.27K | 492.85 | -1.16K | - |
| Total Non-Current Liabilities | 384.16M | 381.51M | 378.03M | 464.43M | 464.69M | 471M | 473.49M | 470.99M | 349.96M | 346.62M | 400.31M | 395.34M | 428.1M | 422.74M | 450.03M | 541.29M | 558.85M | 551.26M | 488.78M | 683.62M |
| Long-Term Debt | 106.55M | 373.61M | 361.09M | 454.04M | 453.42M | 452.83M | 452.25M | 457.21M | 93.11M | 93.03M | 92.96M | 92.88M | 92.81M | 92.74M | 92.66M | 189.31M | 189.17M | 189.02M | 189.61M | 386.47M |
| Capital Lease Obligations | 0 | 11.95M | 13.68M | 8.31M | 9.19M | 10.2M | 11.41M | 11.09M | 9.77M | 11.45M | 10.88M | 12.07M | 13.23M | 14.35M | 15.29M | 16.68M | 16.69M | 17.08M | 18.15M | 19.13M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 277.61M | -4.04M | 3.26M | 2.08M | 2.08M | 7.97M | 9.83M | 2.69M | 247.08M | 242.13M | 296.48M | 290.39M | 322.06M | 315.65M | 342.08M | 335.3M | 352.99M | 345.15M | 281.02M | 278.02M |
| Total Liabilities | 667.61M | 705.11M | 657.55M | 665.09M | 643.07M | 656.51M | 664.75M | 640.15M | 565.25M | 594.21M | 585.95M | 570.17M | 566.75M | 590.35M | 565.48M | 668.08M | 683.62M | 683.1M | 583.01M | 841.4M |
| Total Debt | 113.51M | 486.31M | 475.37M | 469.77M | 469.55M | 469.78M | 470.45M | 474.51M | 192.68M | 110.93M | 109.58M | 110.8M | 111.87M | 112.71M | 113.37M | 211.3M | 210.42M | 210.22M | 211.83M | 409.63M |
| Net Debt | -291.69M | 18.55M | -3.8M | 98.3M | 111.16M | 58.49M | 73.58M | 114.42M | -134.35M | -240.26M | -342.84M | -505.46M | -653.21M | -439.09M | -470.82M | -393.19M | -423.04M | -429.97M | -71.91M | 138.87M |
| Debt / Equity | 0.27x | 1.31x | 1.18x | 3.01x | 2.86x | 2.06x | 1.98x | 1.80x | 0.72x | 0.57x | 0.47x | 0.32x | 0.27x | 0.66x | 0.37x | 0.63x | 0.46x | 1.06x | - | - |
| Debt / EBITDA | 4.29x | - | 2.13x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -11.02x | - | -0.02x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 2.57x | -4.41x | 20.18x | -2.74x | -7.32x | -2.13x | -3.54x | -3.01x | -8.51x | -10.77x | -18.15x | -15.60x | -22.57x | -20.64x | -23.15x | -17.41x | -15.13x | -47.95x | -84.70x | -57.19x |
| Total Equity | 414.92M | 370.15M | 401.17M | 156.31M | 164.22M | 228.54M | 237.12M | 264.33M | 266.68M | 194.52M | 232.27M | 345.4M | 412.12M | 169.87M | 307.42M | 334.42M | 462.24M | 198.66M | -57.33M | -141.49M |
| Equity Growth % | 152.67% | 61.96% | 69.18% | -40.87% | -38.42% | 17.49% | 2.09% | -23.47% | -35.29% | 14.51% | -24.44% | 3.28% | -10.84% | -14.49% | 636.27% | 336.35% | 794.8% | -2.88% | -154.16% | -160.97% |
| Book Value per Share | 3.24 | 2.94 | 3.18 | 1.24 | 1.31 | 1.84 | 1.91 | 2.13 | 2.17 | 1.60 | 1.93 | 2.89 | 3.62 | 1.54 | 2.82 | 3.14 | 4.71 | 2.32 | -0.67 | -1.75 |
| Total Shareholders' Equity | 414.92M | 370.15M | 401.17M | 156.31M | 164.22M | 228.54M | 237.12M | 264.33M | 266.68M | 194.52M | 232.27M | 345.4M | 412.12M | 169.87M | 307.42M | 334.42M | 462.24M | 198.66M | -57.33M | -141.49M |
| Common Stock | 13K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 11K | 11K | 11K | 11K | 10K | 9K | 8K |
| Retained Earnings | -2.99B | -3.01B | -2.95B | -3.17B | -3.13B | -3.04B | -3B | -2.94B | -2.9B | -2.84B | -2.75B | -2.61B | -2.49B | -2.31B | -2.14B | -1.95B | -1.8B | -1.66B | -1.51B | -1.31B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.41M | -2.1M | -2.4M | -2.57M | -3.05M | -3.31M | -3.14M | -3.36M | -3.52M | -3.54M | -1.06M | -796K | -775K | -875K | -3.03M | -3.19M | -2.06M | -2.09M | -2.01M | -1.83M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |