Alumis Inc. (ALMS) Income Statement
ALMS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsALMS revenue and net income
Where ALMS's revenue goes
2025Each bar shows an amount and its share of revenue. ALMS kept −1,011.7% of revenue as net income.
ALMS profit margins
ALMS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ALMS quarterly EPS vs estimates
Alumis beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 12, 2026 (estimate $-0.73).
ALMS income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $24.1M | $0 | $0 | $0 |
| Cost of revenue | $3.5M | $3.2M | $1.3M | $250,000 |
| Gross profit | $20.6M | −$3.2M | −$1.3M | −$250,000 |
| Research & development | $386.0M | $265.6M | $137.7M | $101.1M |
| Sales, general & admin | $91.9M | $35.2M | $20.5M | $12.5M |
| Total operating expenses | $447.8M | $297.6M | $158.2M | $113.6M |
| Operating income | −$427.2M | −$300.8M | −$158.2M | −$113.8M |
| Interest income | $14.2M | $12.0M | $3.4M | $2.0M |
| Income before taxes | −$251.9M | −$294.2M | −$155.0M | −$111.9M |
| Income taxes | −$8.6M | — | — | — |
| Net income | −$243.3M | −$294.2M | −$155.0M | −$111.9M |
| EBITDA | −$248.4M | −$291.1M | −$153.7M | −$111.7M |
| EPS (diluted) | −$4.60 | −$30.13 | −$2.99 | — |
| Gross margin | 85.5% | — | — | — |
| Operating margin | −1,776.3% | — | — | — |
| Net margin | −1,011.7% | — | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M | $1.7M | $1.9M | $2.1M | $2.7M | $17.4M | $3.0M | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $0 | $871,000 | $867,000 | $916,000 | $0 | $0 | $820,000 | $814,000 | $760,000 | $758,000 | $726,000 | $318,000 |
| Gross profit | $1.7M | $870,000 | $1.9M | $2.1M | $2.7M | $17.4M | −$820,000 | −$814,000 | −$760,000 | −$758,000 | −$726,000 | −$318,000 |
| Research & development | $85.3M | $80.7M | $82.8M | $97.8M | $108.8M | $96.6M | $86.4M | $87.8M | $48.6M | $41.2M | $34.6M | $37.8M |
| Sales, general & admin | $23.4M | $18.6M | $15.6M | $19.5M | $21.4M | $22.3M | $11.4M | $10.6M | $7.6M | $5.6M | $5.5M | $6.0M |
| Total operating expenses | $150.5M | $99.3M | $98.4M | $117.4M | $143.2M | $118.9M | $97.8M | $98.4M | $56.1M | $46.8M | $40.1M | $43.8M |
| Operating income | −$148.9M | −$98.4M | −$96.4M | −$115.3M | −$140.5M | −$101.5M | −$98.6M | −$98.4M | −$56.1M | −$47.6M | −$40.1M | −$43.8M |
| Interest income | $4.9M | $5.3M | $3.5M | $4.6M | $3.4M | $2.6M | $3.9M | $5.3M | $2.0M | $854,000 | $859,000 | $951,000 |
| Income before taxes | −$144.0M | −$93.1M | −$92.9M | −$110.8M | $50.8M | −$99.0M | −$94.8M | −$93.1M | −$56.5M | −$49.8M | −$39.3M | −$43.4M |
| Income taxes | −$1.8M | — | — | — | −$8.6M | — | — | — | — | — | — | — |
| Net income | −$142.2M | −$93.1M | −$92.9M | −$110.8M | $59.3M | −$99.0M | −$94.8M | −$93.1M | −$56.5M | −$49.8M | −$39.3M | −$43.4M |
| EBITDA | −$147.9M | −$92.2M | −$92.1M | −$109.8M | −$120.0M | −$98.1M | −$93.9M | −$92.3M | −$55.7M | −$49.1M | −$38.6M | −$43.1M |
| EPS (diluted) | −$0.78 | −$0.74 | −$0.25 | −$1.06 | −$1.47 | −$1.82 | −$1.74 | −$1.73 | −$22.16 | −$4.50 | — | — |
| Gross margin | 100.0% | 50.0% | 100.0% | 100.0% | 100.0% | 100.0% | −27.0% | — | — | — | — | — |
| Operating margin | −8,956.4% | −5,652.4% | −4,999.7% | −5,580.4% | −5,271.5% | −583.9% | −3,248.4% | — | — | — | — | — |
| Net margin | −8,557.2% | −5,344.8% | −4,817.6% | −5,360.7% | 2,225.1% | −569.1% | −3,121.2% | — | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ALMS's financial statements (latest annual report filed March 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ALMS financial results
In fiscal year 2025 (ended December 31, 2025), Alumis reported revenue of $24.1 million. It had a net loss of $243.3 million, a net profit margin of −1,011.7%. Diluted earnings per share came to −$4.60.
See the ALMS stock overview for the latest quote and news, or the ALMS chart for price history and technical indicators.
ALMS income statement FAQ
What is Alumis's annual revenue?
Alumis reported total revenue of $24.1 million for fiscal year 2025, which ended on December 31, 2025.
Is Alumis profitable?
No. Alumis reported a net loss of $243.3 million in fiscal 2025, a net profit margin of −1,011.7%; its operating margin was −1,776.3%.
What is Alumis's gross margin?
Alumis's gross margin was 85.5% in fiscal 2025: for every $100 of revenue, Alumis kept $85 after the direct cost of its products and services.
How much does Alumis spend on research and development?
Alumis spent $386.0 million on research and development in fiscal 2025, 1,605.0% of revenue.
What are Alumis's earnings per share?
Alumis earned $-4.60 per diluted share in fiscal 2025, compared with $-30.13 a year earlier.
When will Alumis report its next earnings?
Alumis is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 after the market closes.
When does Alumis's fiscal year end?
Alumis's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 19, 2026.