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Filing Flows › Alector (ALEC) › Q2 2026 › vs Q1 2026

Alector (ALEC) Q2 2026 vs Q1 2026 (quarter over quarter)

Alector's revenue rose $2.3M (+217%) from $1.0M in Q1 2026 to $3.3M in Q2 2026.

Alector, Q2 2026: revenue $3.3M (-58% year over year), operating margin -734.7%, net loss $23.0M, operating cash flow −$34.2M. The chart draws each line against Q1 2026, the increases inside each band.

Alector: what changed, Q2 2026 vs Q1 2026Alector: what changed, Q2 2026 vs Q1 2026Working capital & other−$16.0MOperating cash sources−$15.9MCash used in operations−$15.6MCosts & expenses$1.9MOperating costs$1.7MResearch & development$1.6MOther income, net−$456KShare-based compensation−$298KGeneral & admin$145KIncome tax$130K

Every line

LineQ2 2026Q1 2026Change%
Revenue$3.3M$1.0M$2.3M+217%
Other income, net$1.5M$2.0M−$456K-23%
Net loss$23.0M$22.9M$60K+0.3%
Costs & expenses$27.8M$26.0M$1.9M+7%
Operating costs$27.7M$26.0M$1.7M+7%
Income tax$130K$0$130K—
Research & development$19.5M$17.9M$1.6M+9%
General & admin$8.3M$8.1M$145K+2%
Operating cash sources$37.9M$53.8M−$15.9M-30%
Depreciation & amortization$1.0M$1.1M−$32K-3%
Share-based compensation$2.6M$2.9M−$298K-10%
Cash used in operations$34.2M$49.8M−$15.6M-31%
Net loss absorbed$23.0M$22.9M$60K+0.3%
Working capital & other$14.9M$30.9M−$16.0M-52%

Questions

How much did Alector's revenue grow quarter over quarter in Q2 2026?

Alector's revenue rose $2.3M (+217%) from $1.0M in Q1 2026 to $3.3M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →