Filing Flows › Alpha Cognition (ACOG) › Q1 2026 › vs Q4 2025
Alpha Cognition (ACOG) Q1 2026 vs Q4 2025 (quarter over quarter)
Alpha Cognition's revenue rose $741K (+27%) from $2.8M in Q4 2025 to $3.5M in Q1 2026. The biggest changes: Product Net +$969K (+38%); License −$229K (-88%).
Alpha Cognition, Q1 2026: revenue $3.5M (+21% year over year), operating margin -229.1%, net loss $6.5M, operating cash flow −$11.8M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Product Net | $3.5M | $2.5M | $969K | +38% |
| License | $30K | $259K | −$229K | -88% |
| Revenue | $3.5M | $2.8M | $741K | +27% |
| Other income, net | $1.6M | $1.1M | $549K | +51% |
| Net loss | $6.5M | $6.9M | −$378K | -6% |
| Costs & expenses | $11.6M | $10.7M | $912K | +9% |
| Operating costs | $11.6M | $10.7M | $912K | +9% |
| Cost of revenue | $249K | $179K | $70K | +39% |
| Research & development | $1.1M | $570K | $527K | +92% |
| SG&A | $10.3M | $9.9M | $366K | +4% |
| Operating cash sources | $13.2M | $7.9M | $5.4M | +68% |
| Depreciation & amortization | $30K | $27K | $3K | +10% |
| Share-based compensation | $1.4M | $946K | $458K | +48% |
| Cash used in operations | $11.8M | $6.9M | $4.9M | +71% |
| Net loss absorbed | $6.5M | $6.9M | −$378K | -6% |
| Working capital & other | $6.8M | $1.0M | $5.7M | +560% |
Questions
How much did Alpha Cognition's revenue grow quarter over quarter in Q1 2026?
Alpha Cognition's revenue rose $741K (+27%) from $2.8M in Q4 2025 to $3.5M in Q1 2026.
What drove Alpha Cognition's revenue change in Q1 2026?
Product Net +$969K (+38%); License −$229K (-88%).