Filing Flows › Alector (ALEC) › Q2 2026 › vs Q2 2025
Alector (ALEC) Q2 2026 vs Q2 2025 (year over year)
Alector's revenue fell $4.6M (-58%) from $7.9M in Q2 2025 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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $3.3M | $7.9M | −$4.6M | -58% |
| Other income, net | $1.5M | $3.6M | −$2.1M | -58% |
| Net loss | $23.0M | $30.5M | −$7.5M | -25% |
| Costs & expenses | $27.8M | $42.0M | −$14.2M | -34% |
| Operating costs | $27.7M | $42.0M | −$14.3M | -34% |
| Income tax | $130K | $0 | $130K | — |
| Research & development | $19.5M | $27.6M | −$8.2M | -30% |
| General & admin | $8.3M | $14.4M | −$6.1M | -43% |
| Operating cash sources | $37.9M | $58.4M | −$20.6M | -35% |
| Depreciation & amortization | $1.0M | $2.3M | −$1.3M | -55% |
| Share-based compensation | $2.6M | $7.1M | −$4.5M | -63% |
| Cash used in operations | $34.2M | $49.0M | −$14.8M | -30% |
| Net loss absorbed | $23.0M | $30.5M | −$7.5M | -25% |
| Working capital & other | $14.9M | $27.9M | −$13.0M | -47% |
Questions
How much did Alector's revenue grow year over year in Q2 2026?
Alector's revenue fell $4.6M (-58%) from $7.9M in Q2 2025 to $3.3M in Q2 2026.