Filing Flows › Alector (ALEC) › How it makes money
How Alector (ALEC) makes money
Alector (ALEC) made $163M of revenue in the third quarter 2026 (Q3 2026), up 50-fold from a year earlier. Of every dollar of revenue, 76¢ was left as operating profit, 77¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $163M | 100.0% |
| Operating profit | $124M | 76.0% |
| Income tax | $60K | 0.0% |
| Net earnings | $125M | 76.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $163M | 50× |
| Q2 2026 | $3.3M | -58% |
| Q1 2026 | $1.0M | -72% |
| Q4 2025 | $6.2M | -88% |
| Q3 2025 | $3.3M | -79% |
| Q2 2025 | $7.9M | -48% |
| Q1 2025 | $3.7M | -77% |
From Alector's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Alector make money?
Alector (ALEC) made $163M of revenue in the third quarter 2026 (Q3 2026), up 50-fold from a year earlier. Of every dollar of revenue, 76¢ was left as operating profit, 77¢ was left as net earnings.
What is Alector's profit margin?
Net earnings were $125M, 76.5% of revenue, in the third quarter 2026; the operating margin was 76.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.