Filing Flows › Alumis (ALMS) › Q1 2026 › vs Q4 2025
Alumis (ALMS) Q1 2026 vs Q4 2025 (quarter over quarter)
Alumis's revenue fell $188K (-10%) from $1.9M in Q4 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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7M | $1.9M | −$188K | -10% |
| Other income, net | $5.4M | $3.5M | $1.8M | +52% |
| Net loss | $93.1M | $92.9M | $122K | +0.1% |
| Costs & expenses | $100M | $98.4M | $1.8M | +2% |
| Operating costs | $100M | $98.4M | $1.8M | +2% |
| Research & development | $81.5M | $82.8M | −$1.2M | -2% |
| General & admin | $18.6M | $15.6M | $3.0M | +19% |
| Operating cash sources | $100M | $80.9M | $19.4M | +24% |
| Depreciation & amortization | $871K | $867K | $4K | +0.5% |
| Share-based compensation | $12.3M | $8.1M | $4.2M | +52% |
| Cash used in operations | $87.1M | $71.9M | $15.2M | +21% |
| Net loss absorbed | $93.1M | $92.9M | $122K | +0.1% |
| Working capital & other | $7.2M | −$12.1M | $19.3M | — |
Questions
How much did Alumis's revenue grow quarter over quarter in Q1 2026?
Alumis's revenue fell $188K (-10%) from $1.9M in Q4 2025 to $1.7M in Q1 2026.