Apellis Pharmaceuticals Inc
NASDAQ:APLS
Income Statement
Earnings Waterfall
Apellis Pharmaceuticals Inc
Income Statement
Apellis Pharmaceuticals Inc
| Dec-2015 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
2
|
1
|
1
|
5
|
9
|
15
|
24
|
30
|
30
|
27
|
20
|
13
|
18
|
22
|
28
|
33
|
32
|
31
|
30
|
30
|
29
|
31
|
36
|
40
|
44
|
46
|
45
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
251
+41 667%
|
251
N/A
|
251
+0%
|
256
+2%
|
67
-74%
|
81
+22%
|
97
+19%
|
113
+17%
|
75
-33%
|
106
+40%
|
185
+74%
|
273
+48%
|
397
+45%
|
524
+32%
|
629
+20%
|
715
+14%
|
781
+9%
|
776
-1%
|
755
-3%
|
1 016
+35%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
(25)
|
(5)
|
(6)
|
(7)
|
(8)
|
(6)
|
(12)
|
(21)
|
(42)
|
(59)
|
(71)
|
(86)
|
(97)
|
(118)
|
(132)
|
(122)
|
(113)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
226
N/A
|
0
N/A
|
0
N/A
|
231
N/A
|
61
-73%
|
74
+20%
|
90
+22%
|
105
+17%
|
70
-34%
|
94
+34%
|
164
+75%
|
231
+41%
|
338
+46%
|
453
+34%
|
543
+20%
|
618
+14%
|
664
+7%
|
644
-3%
|
632
-2%
|
903
+43%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(20)
|
(14)
|
(27)
|
(23)
|
(35)
|
(40)
|
(51)
|
(63)
|
(85)
|
(109)
|
(128)
|
(155)
|
(185)
|
(219)
|
(288)
|
(338)
|
(390)
|
(450)
|
(439)
|
(490)
|
(570)
|
(548)
|
(598)
|
(615)
|
(585)
|
(625)
|
(664)
|
(767)
|
(809)
|
(828)
|
(855)
|
(857)
|
(856)
|
(842)
|
(829)
|
(830)
|
(822)
|
(823)
|
|
| Selling, General & Administrative |
(6)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(11)
|
(13)
|
(17)
|
(21)
|
(23)
|
(27)
|
(34)
|
(46)
|
(67)
|
(88)
|
(104)
|
(122)
|
(139)
|
(151)
|
(171)
|
(180)
|
(177)
|
(188)
|
(202)
|
(234)
|
(277)
|
(328)
|
(376)
|
(444)
|
(501)
|
(528)
|
(545)
|
(521)
|
(501)
|
(501)
|
(504)
|
(525)
|
|
| Research & Development |
(14)
|
(10)
|
(23)
|
(19)
|
(29)
|
(33)
|
(40)
|
(50)
|
(68)
|
(88)
|
(105)
|
(128)
|
(152)
|
(173)
|
(221)
|
(250)
|
(286)
|
(328)
|
(300)
|
(315)
|
(373)
|
(368)
|
(421)
|
(428)
|
(384)
|
(391)
|
(387)
|
(406)
|
(400)
|
(385)
|
(354)
|
(329)
|
(311)
|
(320)
|
(328)
|
(329)
|
(318)
|
(298)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
(33)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(20)
N/A
|
(14)
+29%
|
(27)
-92%
|
(23)
+16%
|
(35)
-53%
|
(40)
-13%
|
(51)
-29%
|
(63)
-24%
|
(85)
-34%
|
(109)
-29%
|
(128)
-18%
|
(155)
-21%
|
(185)
-19%
|
(219)
-18%
|
(288)
-31%
|
(338)
-17%
|
(390)
-15%
|
(450)
-15%
|
(214)
+52%
|
(240)
-12%
|
(318)
-33%
|
(317)
+1%
|
(536)
-69%
|
(541)
-1%
|
(495)
+8%
|
(520)
-5%
|
(595)
-14%
|
(674)
-13%
|
(645)
+4%
|
(597)
+8%
|
(517)
+13%
|
(404)
+22%
|
(313)
+23%
|
(223)
+29%
|
(165)
+26%
|
(186)
-13%
|
(190)
-2%
|
80
N/A
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
(7)
|
(7)
|
(15)
|
(85)
|
(80)
|
(87)
|
(129)
|
(80)
|
(102)
|
(102)
|
(111)
|
(98)
|
(80)
|
(79)
|
(24)
|
(17)
|
(12)
|
(9)
|
(9)
|
(10)
|
(17)
|
(24)
|
(28)
|
(34)
|
(35)
|
(32)
|
|
| Non-Reccuring Items |
(27)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
0
|
(40)
|
(40)
|
(101)
|
(101)
|
(61)
|
(61)
|
(33)
|
(33)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
(47)
N/A
|
(14)
+70%
|
(27)
-92%
|
(23)
+15%
|
(35)
-53%
|
(39)
-13%
|
(51)
-29%
|
(64)
-25%
|
(85)
-33%
|
(109)
-28%
|
(128)
-17%
|
(156)
-22%
|
(194)
-24%
|
(228)
-18%
|
(305)
-34%
|
(423)
-39%
|
(470)
-11%
|
(536)
-14%
|
(343)
+36%
|
(358)
-4%
|
(459)
-28%
|
(518)
-13%
|
(746)
-44%
|
(700)
+6%
|
(636)
+9%
|
(632)
+1%
|
(652)
-3%
|
(691)
-6%
|
(658)
+5%
|
(607)
+8%
|
(526)
+13%
|
(415)
+21%
|
(331)
+20%
|
(248)
+25%
|
(197)
+21%
|
(222)
-13%
|
(226)
-2%
|
47
N/A
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(1)
|
0
|
1
|
1
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
| Income from Continuing Operations |
(47)
|
(15)
|
(27)
|
(23)
|
(35)
|
(39)
|
(51)
|
(64)
|
(85)
|
(109)
|
(128)
|
(156)
|
(194)
|
(228)
|
(305)
|
(423)
|
(470)
|
(536)
|
(345)
|
(360)
|
(460)
|
(520)
|
(746)
|
(702)
|
(638)
|
(634)
|
(652)
|
(691)
|
(657)
|
(606)
|
(529)
|
(417)
|
(333)
|
(250)
|
(198)
|
(224)
|
(228)
|
45
|
|
| Net Income (Common) |
(47)
N/A
|
(15)
+67%
|
(27)
-76%
|
(23)
+15%
|
(35)
-53%
|
(39)
-13%
|
(51)
-29%
|
(64)
-25%
|
(85)
-33%
|
(109)
-28%
|
(128)
-17%
|
(156)
-22%
|
(194)
-24%
|
(228)
-18%
|
(305)
-34%
|
(423)
-39%
|
(470)
-11%
|
(536)
-14%
|
(345)
+36%
|
(360)
-4%
|
(460)
-28%
|
(520)
-13%
|
(746)
-43%
|
(702)
+6%
|
(638)
+9%
|
(634)
+1%
|
(652)
-3%
|
(691)
-6%
|
(657)
+5%
|
(606)
+8%
|
(529)
+13%
|
(417)
+21%
|
(333)
+20%
|
(250)
+25%
|
(198)
+21%
|
(224)
-13%
|
(228)
-2%
|
45
N/A
|
|
| EPS (Diluted) |
-0.94
N/A
|
-0.32
+66%
|
-0.55
-72%
|
-0.46
+16%
|
-0.71
-54%
|
-0.79
-11%
|
-1.04
-32%
|
-1.28
-23%
|
-1.55
-21%
|
-1.93
-25%
|
-2.34
-21%
|
-2.69
-15%
|
-3.06
-14%
|
-3.57
-17%
|
-4.9
-37%
|
-5.73
-17%
|
-6.22
-9%
|
-7.09
-14%
|
-4.59
+35%
|
-4.54
+1%
|
-5.7
-26%
|
-6.07
-6%
|
-8.84
-46%
|
-7.15
+19%
|
-5.98
+16%
|
-5.81
+3%
|
-6.15
-6%
|
-6.06
+1%
|
-5.5
+9%
|
-5.03
+9%
|
-4.45
+12%
|
-3.39
+24%
|
-2.68
+21%
|
-2.01
+25%
|
-1.6
+20%
|
-1.79
-12%
|
-1.82
-2%
|
0.34
N/A
|
|