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Side-by-side financial comparison of ACADIA PHARMACEUTICALS INC (ACAD) and Leslie's, Inc. (LESL). Click either name above to swap in a different company.

ACADIA PHARMACEUTICALS INC is the larger business by last-quarter revenue ($268.1M vs $147.1M, roughly 1.8× Leslie's, Inc.). ACADIA PHARMACEUTICALS INC runs the higher net margin — 1.4% vs -56.4%, a 57.8% gap on every dollar of revenue. On growth, ACADIA PHARMACEUTICALS INC posted the faster year-over-year revenue change (9.7% vs -16.0%). Over the past eight quarters, ACADIA PHARMACEUTICALS INC's revenue compounded faster (5.3% CAGR vs -11.7%).

Acadia Pharmaceuticals Inc. is a biopharmaceutical company headquartered in Del Mar, San Diego, California.

Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas.

ACAD vs LESL — Head-to-Head

Bigger by revenue
ACAD
ACAD
1.8× larger
ACAD
$268.1M
$147.1M
LESL
Growing faster (revenue YoY)
ACAD
ACAD
+25.8% gap
ACAD
9.7%
-16.0%
LESL
Higher net margin
ACAD
ACAD
57.8% more per $
ACAD
1.4%
-56.4%
LESL
Faster 2-yr revenue CAGR
ACAD
ACAD
Annualised
ACAD
5.3%
-11.7%
LESL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ACAD
ACAD
LESL
LESL
Revenue
$268.1M
$147.1M
Net Profit
$3.6M
$-83.0M
Gross Margin
18.4%
Operating Margin
-1.7%
-46.7%
Net Margin
1.4%
-56.4%
Revenue YoY
9.7%
-16.0%
Net Profit YoY
-86.2%
EPS (diluted)
$0.02
$-8.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACAD
ACAD
LESL
LESL
Q1 26
$268.1M
$147.1M
Q4 25
$284.0M
$389.2M
Q3 25
$278.6M
Q2 25
$264.6M
$500.3M
Q1 25
$244.3M
$177.1M
Q4 24
$259.6M
$175.2M
Q3 24
$250.4M
$397.9M
Q2 24
$242.0M
$569.6M
Net Profit
ACAD
ACAD
LESL
LESL
Q1 26
$3.6M
$-83.0M
Q4 25
$273.6M
$-162.8M
Q3 25
$71.8M
Q2 25
$26.7M
$21.7M
Q1 25
$19.0M
$-51.3M
Q4 24
$143.7M
$-44.6M
Q3 24
$32.8M
$-9.9M
Q2 24
$33.4M
$60.6M
Gross Margin
ACAD
ACAD
LESL
LESL
Q1 26
18.4%
Q4 25
90.8%
38.6%
Q3 25
92.2%
Q2 25
92.2%
39.6%
Q1 25
91.7%
24.8%
Q4 24
91.6%
27.2%
Q3 24
92.5%
36.0%
Q2 24
92.5%
40.2%
Operating Margin
ACAD
ACAD
LESL
LESL
Q1 26
-1.7%
-46.7%
Q4 25
6.1%
-38.6%
Q3 25
12.8%
Q2 25
12.2%
13.7%
Q1 25
7.9%
-27.3%
Q4 24
59.1%
-22.7%
Q3 24
12.6%
6.6%
Q2 24
12.6%
17.2%
Net Margin
ACAD
ACAD
LESL
LESL
Q1 26
1.4%
-56.4%
Q4 25
96.3%
-41.8%
Q3 25
25.8%
Q2 25
10.1%
4.3%
Q1 25
7.8%
-29.0%
Q4 24
55.4%
-25.4%
Q3 24
13.1%
-2.5%
Q2 24
13.8%
10.6%
EPS (diluted)
ACAD
ACAD
LESL
LESL
Q1 26
$0.02
$-8.92
Q4 25
$1.61
$-20.59
Q3 25
$0.42
Q2 25
$0.16
$0.12
Q1 25
$0.11
$-0.28
Q4 24
$0.86
$-4.82
Q3 24
$0.20
$-2.46
Q2 24
$0.20
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACAD
ACAD
LESL
LESL
Cash + ST InvestmentsLiquidity on hand
$3.6M
Total DebtLower is stronger
$781.6M
Stockholders' EquityBook value
$-489.9M
Total Assets
$1.6B
$649.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACAD
ACAD
LESL
LESL
Q1 26
$3.6M
Q4 25
$177.7M
$64.3M
Q3 25
$258.0M
Q2 25
$253.6M
$42.7M
Q1 25
$217.7M
$17.3M
Q4 24
$319.6M
$11.6M
Q3 24
$155.1M
$108.5M
Q2 24
$177.1M
$74.4M
Total Debt
ACAD
ACAD
LESL
LESL
Q1 26
$781.6M
Q4 25
$756.6M
Q3 25
Q2 25
$776.6M
Q1 25
$858.1M
Q4 24
$796.6M
Q3 24
$783.7M
Q2 24
$783.7M
Stockholders' Equity
ACAD
ACAD
LESL
LESL
Q1 26
$-489.9M
Q4 25
$1.2B
$-408.0M
Q3 25
$917.3M
Q2 25
$822.4M
$-246.2M
Q1 25
$765.2M
$-269.5M
Q4 24
$732.8M
$-220.0M
Q3 24
$577.2M
$-177.1M
Q2 24
$516.7M
$-168.2M
Total Assets
ACAD
ACAD
LESL
LESL
Q1 26
$1.6B
$649.4M
Q4 25
$1.6B
$741.5M
Q3 25
$1.3B
Q2 25
$1.2B
$989.5M
Q1 25
$1.1B
$1.0B
Q4 24
$1.2B
$967.0M
Q3 24
$976.9M
$1.1B
Q2 24
$914.1M
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACAD
ACAD
LESL
LESL
Operating Cash FlowLast quarter
$-81.1M
Free Cash FlowOCF − Capex
$-85.5M
FCF MarginFCF / Revenue
-58.1%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACAD
ACAD
LESL
LESL
Q1 26
$-81.1M
Q4 25
$-48.7M
$48.2M
Q3 25
$74.3M
Q2 25
$64.0M
$114.9M
Q1 25
$20.3M
$-49.2M
Q4 24
$40.4M
$-105.1M
Q3 24
$63.2M
$47.1M
Q2 24
$25.0M
$175.5M
Free Cash Flow
ACAD
ACAD
LESL
LESL
Q1 26
$-85.5M
Q4 25
$41.8M
Q3 25
$73.9M
Q2 25
$107.1M
Q1 25
$-55.8M
Q4 24
$-109.8M
Q3 24
$63.2M
$34.1M
Q2 24
$165.2M
FCF Margin
ACAD
ACAD
LESL
LESL
Q1 26
-58.1%
Q4 25
10.7%
Q3 25
26.5%
Q2 25
21.4%
Q1 25
-31.5%
Q4 24
-62.6%
Q3 24
25.2%
8.6%
Q2 24
29.0%
Capex Intensity
ACAD
ACAD
LESL
LESL
Q1 26
2.9%
Q4 25
1.7%
Q3 25
0.1%
Q2 25
1.6%
Q1 25
3.7%
Q4 24
2.7%
Q3 24
0.0%
3.2%
Q2 24
1.8%
Cash Conversion
ACAD
ACAD
LESL
LESL
Q1 26
Q4 25
-0.18×
Q3 25
1.03×
Q2 25
2.40×
5.29×
Q1 25
1.07×
Q4 24
0.28×
Q3 24
1.93×
Q2 24
0.75×
2.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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