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COLL Stock Analysis - COLLEGIUM PHARMACEUTICAL, INC AI Rating

COLL Nasdaq Pharmaceutical Preparations VA CIK: 0001267565
Recently Updated • Analysis: Mar 22, 2026 • SEC Data: 2025-12-31
AI Rating
BUY
78% Confidence

📊 COLL Key Takeaways

Revenue: $780.6M
Net Margin: 8.1%
Free Cash Flow: $327.6M
Current Ratio: 1.57x
Debt/Equity: 0.09x
EPS: $1.73
AI Rating: BUY with 78% confidence

Investment Thesis

Collegium Pharmaceutical demonstrates strong fundamental health with robust revenue growth of 23.6% YoY, excellent profitability metrics including 59.3% gross margin and 23.0% operating margin, and exceptional free cash flow generation at 42% FCF margin. The company maintains a fortress balance sheet with minimal leverage (0.09x Debt/Equity) and strong liquidity ratios, supported by $231.3M in cash and $327.6M in annual free cash flow.

COLL Strengths

  • + Revenue growth of 23.6% YoY demonstrates strong market demand and execution
  • + Exceptional free cash flow margin of 42% indicates efficient operations and capital allocation
  • + Conservative leverage with 0.09x Debt/Equity ratio and strong interest coverage of 10.4x
  • + Solid liquidity position with 1.57x current ratio and $231.3M cash balance
  • + High gross margin of 59.3% reflects strong pricing power and product mix quality
  • + 8 Form 4 insider filings suggest active management engagement

COLL Risks

  • ! Net income growth stalled at 0% YoY despite 23.6% revenue growth, suggesting margin pressure or one-time items
  • ! Diluted EPS declined 7.0% YoY indicating share dilution or profitability challenges at bottom line
  • ! Pharmaceutical sector subject to regulatory, patent expiration, and reimbursement risks
  • ! ROA of 3.8% is modest for a pharmaceutical company, suggesting asset efficiency challenges

Key Metrics to Watch

COLL Financial Metrics

Revenue
$780.6M
Net Income
$62.9M
EPS (Diluted)
$1.73
Free Cash Flow
$327.6M
Total Assets
$1.7B
Cash Position
$231.3M

💡 AI Analyst Insight

The 42.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

COLL Profitability Ratios

Gross Margin 59.3%
Operating Margin 23.0%
Net Margin 8.1%
ROE 20.8%
ROA 3.8%
FCF Margin 42.0%

COLL vs Healthcare Sector

How COLLEGIUM PHARMACEUTICAL, INC compares to Healthcare sector averages

Net Margin
COLL 8.1%
vs
Sector Avg 12.0%
COLL Sector
ROE
COLL 20.8%
vs
Sector Avg 15.0%
COLL Sector
Current Ratio
COLL 1.6x
vs
Sector Avg 2.0x
COLL Sector
Debt/Equity
COLL 0.1x
vs
Sector Avg 0.6x
COLL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

COLL Balance Sheet & Liquidity

Current Ratio
1.57x
Quick Ratio
1.48x
Debt/Equity
0.09x
Debt/Assets
81.8%
Interest Coverage
10.36x
Long-term Debt
$26.4M

COLL 5-Year Financial Trend

COLL 5-year financial data: Year 2021: Revenue $310.0M, Net Income -$22.7M, EPS $-0.68. Year 2022: Revenue $463.9M, Net Income $26.8M, EPS $0.76. Year 2023: Revenue $566.8M, Net Income $71.5M, EPS $1.86. Year 2024: Revenue $631.4M, Net Income -$25.0M, EPS $-0.74. Year 2025: Revenue $780.6M, Net Income $48.2M, EPS $1.29.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: COLLEGIUM PHARMACEUTICAL, INC's revenue has grown significantly by 152% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.29 reflects profitable operations.

COLL Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
42.0%
Free cash flow / Revenue

COLL Quarterly Performance

Quarterly financial performance data for COLLEGIUM PHARMACEUTICAL, INC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $159.3M $2.4M $0.27
Q2 2025 $145.3M $2.4M $0.34
Q1 2025 $144.9M $2.4M $0.07
Q3 2024 $136.7M $9.3M $0.27
Q2 2024 $135.5M -$4.4M $-0.13
Q1 2024 $144.8M -$17.4M $-0.51
Q3 2023 $127.0M $457.0K $0.01
Q2 2023 $123.5M -$4.4M $-0.13

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

COLL Capital Allocation

Operating Cash Flow
$329.3M
Cash generated from operations
Stock Buybacks
$25.1M
Shares repurchased (TTM)
Capital Expenditures
$1.7M
Investment in assets
Dividends
None
No dividend program

COLL SEC Filings

Access official SEC EDGAR filings for COLLEGIUM PHARMACEUTICAL, INC (CIK: 0001267565)

📋 Recent SEC Filings

Date Form Document Action
Mar 20, 2026 4 xslF345X06/form4-03202026_090345.xml View →
Mar 19, 2026 8-K tm269336d1_8k.htm View →
Mar 11, 2026 4 xslF345X05/form4-03112026_080318.xml View →
Mar 5, 2026 4 xslF345X05/form4-03052026_090346.xml View →
Feb 26, 2026 10-K coll-20251231.htm View →

Frequently Asked Questions about COLL

What is the AI rating for COLL?

COLLEGIUM PHARMACEUTICAL, INC (COLL) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are COLL's key strengths?

Revenue growth of 23.6% YoY demonstrates strong market demand and execution. Exceptional free cash flow margin of 42% indicates efficient operations and capital allocation.

What are the risks of investing in COLL?

Net income growth stalled at 0% YoY despite 23.6% revenue growth, suggesting margin pressure or one-time items. Diluted EPS declined 7.0% YoY indicating share dilution or profitability challenges at bottom line.

What is COLL's revenue and growth?

COLLEGIUM PHARMACEUTICAL, INC reported revenue of $780.6M.

Does COLL pay dividends?

COLLEGIUM PHARMACEUTICAL, INC does not currently pay dividends.

Where can I find COLL SEC filings?

Official SEC filings for COLLEGIUM PHARMACEUTICAL, INC (CIK: 0001267565) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is COLL's EPS?

COLLEGIUM PHARMACEUTICAL, INC has a diluted EPS of $1.73.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-12-31 | Powered by Claude AI