Filing Flows

Filing Flows › Alumis (ALMS) › Q1 2026 › vs Q1 2025

Alumis (ALMS) Q1 2026 vs Q1 2025 (year over year)

Alumis's revenue fell $15.6M (-90%) from $17.4M in Q1 2025 to $1.7M in Q1 2026.

Alumis, Q1 2026: revenue $1.7M (-90% year over year), net loss $93.1M, operating cash flow −$87.1M. The chart draws each line against Q1 2025, the increases inside each band.

Alumis: what changed, Q1 2026 vs Q1 2025Alumis: what changed, Q1 2026 vs Q1 2025Costs & expenses−$18.8MOperating costs−$18.8MWorking capital & other$18.0MResearch & development−$15.1MOperating cash sources$12.1MCash used in operations$6.7MNet loss−$5.9MNet loss absorbed−$5.9MShare-based compensation$5.3MGeneral & admin−$3.7M

Every line

LineQ1 2026Q1 2025Change%
Revenue$1.7M$17.4M−$15.6M-90%
Other income, net$5.4M$2.6M$2.8M+109%
Net loss$93.1M$99.0M−$5.9M-6%
Costs & expenses$100M$119M−$18.8M-16%
Operating costs$100M$119M−$18.8M-16%
Research & development$81.5M$96.6M−$15.1M-16%
General & admin$18.6M$22.3M−$3.7M-17%
Operating cash sources$100M$88.2M$12.1M+14%
Depreciation & amortization$871K$843K$28K+3%
Share-based compensation$12.3M$7.0M$5.3M+76%
Cash used in operations$87.1M$80.4M$6.7M+8%
Net loss absorbed$93.1M$99.0M−$5.9M-6%
Working capital & other$7.2M−$10.8M$18.0M—

Questions

How much did Alumis's revenue grow year over year in Q1 2026?

Alumis's revenue fell $15.6M (-90%) from $17.4M in Q1 2025 to $1.7M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →