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Alumis (ALMS) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Alumis (ALMS) reported revenue of $2.1M for the third quarter 2025 (Q3 2025) and -23% from the quarter before.

Revenue$2.1M
Year over year—
Quarter over quarter-23%
Operating margin—
Net earnings−$111M

Alumis, Q3 2025: revenue $2.1M, net loss $111M, operating cash flow −$111M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$2.1M-23%—
Operating profit−$115M——
Net earnings−$111M-287%—
Operating cash flow−$111M——

What changed

Revenue was $2.1M in Q3 2025, down 23% from the previous quarter.

Operating costs exceeded revenue by $115.3M, an operating margin of -5580.4%. The quarter ended with a net loss of $110.8M, after a profit of $59.3M the previous quarter.

Operating cash flow was −$110.9M. Non-cash charges added back $916K of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items used $10.9M.

Questions

What was Alumis' revenue in the third quarter 2025?

Alumis (ALMS) reported revenue of $2.1M for the third quarter 2025 (Q3 2025) and -23% from the quarter before.

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Source: Alumis 10-Q on SEC EDGAR.