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Alumis (ALMS) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 19, 2026

Alumis (ALMS) reported revenue of $1.9M for the fourth quarter 2025 (Q4 2025) and -7% from the quarter before.

Revenue$1.9M
Year over year—
Quarter over quarter-7%
Operating margin—
Net earnings−$92.9M

Alumis, Q4 2025: revenue $1.9M, net loss $92.9M, operating cash flow −$71.9M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$1.9M-7%—
Operating profit−$96.4M——
Net earnings−$92.9M——
Operating cash flow−$71.9M——

What changed

Revenue was $1.9M in Q4 2025, down 7% from the previous quarter.

Operating costs exceeded revenue by $96.4M, an operating margin of -4999.7%. The quarter ended with a net loss of $92.9M, narrower than the previous quarter's $110.8M loss.

Operating cash flow was −$71.9M. Non-cash charges added back $867K of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items added $12.1M.

Questions

What was Alumis' revenue in the fourth quarter 2025?

Alumis (ALMS) reported revenue of $1.9M for the fourth quarter 2025 (Q4 2025) and -7% from the quarter before.

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Source: Alumis 10-K on SEC EDGAR.