Alpha Compute Corp (ALP) Cash Flow Statement
Where ALP’s cash came from and went, FY2026
March 31, 2026 · U.S. dollars- Cash from operations
- −$20.5M
- Capital expenditures
- $10.3M 10,668.0% of revenue
- Free cash flow
- −$30.9M −31,851.5% margin
- Returned to shareholders
- —
- Change in cash
- −$984,000 cash at year-end $686,000
Drawn to scale: where the cash came from and how it was used. Hover for values.
ALP operating cash flow, capex and free cash flow
ALP cash flow trends, FY2016–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$5.8MFY2016 | −$20.5MFY2026 | — | |
| Capital expenditures | $1.0MFY2016 | $10.3MFY2026 | +29.6%/yr | |
| Free cash flow | −$6.8MFY2016 | −$30.9MFY2026 | — | |
| Stock-based compensation | $3.9MFY2016 | $1.7MFY2026 | −8.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ALP cash flow by activity
ALP net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
ALP cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$38.6M | −$6.8M | −$75.3M | −$104.7M | −$19.2M | −$17.2M | −$7.2M | $123.7M | −$641,274 | −$9.2M |
| Depreciation & amortization | $193,000 | $35,000 | $54,000 | $1,000 | $0 | $1.0M | $265,000 | — | $168 | — |
| Stock-based compensation | $1.7M | $321,000 | $2,637 | $4.3M | $9.1M | $8.8M | $2.2M | $1.1M | $1.7M | $3.9M |
| Change in working capital | $110,000 | $1.5M | $982,000 | −$10,000 | −$461,000 | −$744,000 | −$114,000 | $50,000 | −$50,880 | −$507,185 |
| Other non-cash items | $16.0M | −$558,000 | $60.0M | $88.3M | $3.7M | $3.8M | $1.2M | −$126.0M | −$2.3M | $0 |
| Cash from operating activities | −$20.5M | −$5.5M | −$14.3M | −$12.1M | −$6.8M | −$4.3M | −$3.7M | −$1.1M | −$1.3M | −$5.8M |
| Investing activities | ||||||||||
| Capital expenditures | −$10.3M | $0 | $0 | −$3,000 | $0 | −$1.0M | $0 | $0 | $0 | −$1.0M |
| Investments (net) | $4.4M | $0 | $2.8M | $0 | $0 | — | — | — | — | — |
| Acquisitions & other investing | −$361,000 | — | $0 | −$614,000 | — | $140,860 | −$446,000 | $5.7M | −$3.4M | −$700,000 |
| Cash from investing activities | −$6.3M | — | $2.8M | −$617,000 | — | −$860,000 | −$446,000 | $5.7M | −$3.4M | −$1.7M |
| Financing activities | ||||||||||
| Net borrowing (repayment) | −$656,000 | −$47,000 | −$40,000 | −$2.0M | $0 | — | — | — | — | — |
| Shares issued | $30.9M | $2.1M | $6.0M | $3.0M | $29.1M | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$4.4M | $1,000 | −$20,000 | −$1.1M | −$1.7M | $4.8M | $700,000 | $2.8M | $200,000 | $10.5M |
| Cash from financing activities | $25.9M | $2.1M | $6.0M | −$117,000 | $27.3M | $4.8M | $700,000 | $2.8M | $200,000 | $10.5M |
| Summary | ||||||||||
| Net change in cash | −$984,000 | −$3.4M | −$5.5M | −$12.8M | $20.6M | −$382,000 | −$3.0M | $7.4M | −$4.5M | $3.0M |
| Cash at end of period | $686,000 | $1.7M | $5.0M | $10.5M | $23.4M | $2.8M | $3.2M | $7.5M | $159,377 | $4.7M |
| Free cash flow | −$30.9M | −$5.5M | −$14.3M | −$12.1M | −$6.8M | −$3.3M | −$3.7M | −$1.1M | −$1.3M | −$6.8M |
| Free cash flow margin | −31,851.5% | — | — | — | — | — | — | — | — | — |
| Capex / revenue | 10,668.0% | — | — | — | — | — | — | — | — | — |
| Operating cash flow / net income | — | — | — | — | — | — | — | −0.01 | — | — |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Dec '24 | Sep '24 | Jun '24 | Dec '23 | Sep '23 | Jun '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||
| Net income | −$38.6M | −$13.7M | −$10.4M | −$5.6M | −$1.9M | −$1.4M | −$1.7M | −$39.4M | −$5.2M | −$5.9M | −$7.5M |
| Depreciation & amortization | $22,500 | $96,500 | $8,750 | $8,750 | $10,000 | $7,000 | $8,000 | $15,000 | $14,999 | $11,000 | $1,000 |
| Stock-based compensation | $1.7M | $355,500 | $984,000 | $517,000 | $307,500 | $141,000 | $144,000 | $736,000 | $743,000 | $769,000 | $1.2M |
| Change in working capital | $110,000 | −$1.9M | $149,500 | $149,500 | $183,000 | −$116,000 | $968,000 | −$212,000 | $858,000 | $650,000 | $775,000 |
| Other non-cash items | $16.2M | $5.6M | $8.5M | $4.2M | $267,000 | −$230,000 | −$1.1M | $35.4M | −$755,144 | $1.0M | $2.8M |
| Cash from operating activities | −$20.5M | −$9.6M | −$715,000 | −$715,000 | −$1.1M | −$1.6M | −$1.7M | −$3.4M | −$4.3M | −$3.5M | −$2.7M |
| Investing activities | |||||||||||
| Capital expenditures | −$1.0M | −$5.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$44 | −$76 |
| Acquisitions & other investing | −$5.3M | $2.0M | −$25,000 | −$25,000 | — | — | $2.8M | — | — | −$8,902 | $15,626 |
| Cash from investing activities | −$6.3M | −$3.1M | −$25,000 | −$25,000 | — | — | $2.8M | — | — | −$8,945 | $15,550 |
| Financing activities | |||||||||||
| Net borrowing (repayment) | — | — | — | — | — | −$10,000 | — | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $25.9M | $12.9M | −$3,500 | −$3,500 | $1.1M | $0 | −$8,000 | $5.3M | $39,000 | $606,000 | $770,000 |
| Cash from financing activities | $25.9M | $12.9M | −$3,500 | −$3,500 | $1.1M | −$10,000 | −$8,000 | $5.3M | $39,000 | $606,000 | $770,000 |
| Summary | |||||||||||
| Net change in cash | −$984,000 | — | −$743,500 | −$743,500 | −$47,000 | −$1.6M | −$1.7M | $1.9M | −$4.3M | −$2.8M | −$1.9M |
| Cash at end of period | $686,000 | $1.7M | −$743,500 | −$743,500 | −$47,000 | $1.8M | $3.3M | $5.3M | $3.4M | $7.7M | $13.1M |
| Free cash flow | −$21.6M | −$14.7M | −$715,000 | −$715,000 | −$1.1M | −$1.6M | −$1.7M | −$3.4M | −$4.3M | −$3.5M | −$2.7M |
| Free cash flow margin | −44,511.3% | −30,377.3% | — | — | — | — | — | — | — | — | — |
| Capex / revenue | 2,144.3% | 10,668.0% | — | — | — | — | — | — | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
ALP cash generation
In fiscal 2026 (ended March 31, 2026), Alpha Compute generated -$20.5 million of cash from operations and spent $10.3 million on capital expenditures, leaving free cash flow of -$30.9 million, −31,851.5% of revenue. Cash and equivalents fell by $1.0 million over the year.
Related: ALP income statement, ALP balance sheet. See the ALP stock overview for the latest quote and news.
ALP cash flow FAQ
What is Alpha Compute's free cash flow?
Alpha Compute's free cash flow was -$30.9 million in fiscal 2026: -$20.5 million of operating cash flow minus $10.3 million of capital expenditures It was -$5.5 million a year earlier..
How much cash does Alpha Compute generate from operations?
Alpha Compute generated -$20.5 million of cash from operating activities in fiscal 2026.
How much does Alpha Compute spend on capital expenditures?
Alpha Compute spent $10.3 million on capital expenditures in fiscal 2026, 10,668.0% of revenue.