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Filing Flows › Alector (ALEC) › Q3 2026 › vs Q3 2025

Alector (ALEC) Q3 2026 vs Q3 2025 (year over year)

Alector's revenue rose $160M (50×) from $3.3M in Q3 2025 to $163M in Q3 2026.

Alector, Q3 2026: revenue $163M (50× year over year), operating margin 76.0%, net earnings $125M, operating cash flow −$24.2M. The chart draws each line against Q3 2025, the increases inside each band.

Alector: what changed, Q3 2026 vs Q3 2025Alector: what changed, Q3 2026 vs Q3 2025Operating profit$161MPre-tax earnings$159MNet earnings$159MOperating cash sources$146MWorking capital & other$146MCash used in operations−$8.4MShare-based compensation−$4.4MGeneral & admin−$2.5MOther income, net−$2.1MCosts & expenses−$1.8M

Every line

LineQ3 2026Q3 2025Change%
Revenue$163M$3.3M$160M50×
Other income, net$819K$2.9M−$2.1M-72%
Operating profit$124M−$37.6M$161M—
Costs & expenses$39.0M$40.9M−$1.8M-5%
Pre-tax earnings$125M−$34.7M$159M—
Research & development$30.0M$29.4M$684K+2%
General & admin$9.0M$11.5M−$2.5M-22%
Net earnings$125M−$34.7M$159M—
Income tax$60K$0$60K—
Operating cash sources$152M$5.5M$146M28×
Depreciation & amortization$981K$1.2M−$256K-21%
Share-based compensation$2.0M$6.4M−$4.4M-69%
Cash used in operations$24.2M$32.5M−$8.4M-26%
Working capital & other$152M$5.5M$146M28×

Questions

How much did Alector's revenue grow year over year in Q3 2026?

Alector's revenue rose $160M (50×) from $3.3M in Q3 2025 to $163M in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →