A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ABOS SEC filings page.
This page shows Acumen Pharmaceuticals, Inc. (ABOS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Acumen's R&D-led development program consumes cash while shrinking equity reduces the company's financial cushion
By FY2025, operating cash flow of-$115.5M nearly matched free cash flow of-$115.6M , while capital expenditures were only$88K . Cash consumption is therefore driven primarily by the research program, not by heavy physical reinvestment.
R&D spending expanded from
Equity fell from
Financial Health Signals
Acumen Pharmaceuticals, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Acumen Pharmaceuticals, Inc. passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Acumen Pharmaceuticals, Inc. reported a net loss of $121.3M while operations used $115.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Acumen Pharmaceuticals, Inc. reported an operating loss of $123.8M against $4.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Acumen Pharmaceuticals, Inc.'s EBITDA was -$32.5M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 22.0% from the same quarter a year earlier. Against the prior quarter it is down 54.0%.
Acumen Pharmaceuticals, Inc. reported -$32.7M in net income in Q2 2026. This represents an increase of 20.1% from the same quarter a year earlier. Against the prior quarter it is down 57.8%.
Acumen Pharmaceuticals, Inc. earned -$0.45 per diluted share (EPS) in Q2 2026. This represents an increase of 33.8% from the same quarter a year earlier. Against the prior quarter it is down 36.4%.
Not reported for Q2 2026.
Cash & Balance Sheet
Acumen Pharmaceuticals, Inc. recorded an outflow of $18.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 43.2% from the same quarter a year earlier. Against the prior quarter it is up 25.1%.
Acumen Pharmaceuticals, Inc. held $59.4M in cash against $11.9M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Acumen Pharmaceuticals, Inc.'s ROE was -57.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 22.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 33.4 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Acumen Pharmaceuticals, Inc. invested $27.8M in research and development in Q2 2026. This represents a decrease of 25.1% from the same quarter a year earlier. Against the prior quarter it is up 68.7%.
Acumen Pharmaceuticals, Inc. reported no capital expenditure in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier.
Not reported for Q2 2026.
ABOS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $27.8M-25.1% | $16.5M-34.8% | N/A | $22.0M-19.4% | $37.1M+90.1% | $25.3M+103.0% | N/A | $27.2M+143.7% |
| SG&A Expenses | $4.7M+2.6% | $4.7M-8.6% | N/A | $4.5M-9.4% | $4.6M-4.6% | $5.1M-4.2% | N/A | $5.0M+3.3% |
| Operating Income | -$32.6M+22.0% | -$21.1M+30.4% | N/A | -$26.5M+17.8% | -$41.8M-71.2% | -$30.4M-70.9% | N/A | -$32.3M-101.2% |
| EBITDA | -$32.5M+22.0% | -$21.1M+30.4% | N/A | -$26.5M+17.8% | -$41.7M-71.3% | -$30.4M-70.9% | N/A | -$32.2M-101.2% |
| Interest Expense | $1.1M+4.6% | $1.1M+4.5% | N/A | $1.1M+4.0% | $1.0M+4.2% | $1.0M+2.3% | N/A | $1.0M |
| Net Income | -$32.7M+20.1% | -$20.7M+28.0% | N/A | -$26.5M+11.1% | -$41.0M-99.4% | -$28.8M-93.6% | N/A | -$29.8M-129.7% |
| EPS (Basic) | -$0.45+33.8% | -$0.33+31.2% | -$0.41+33.9% | -$0.44+12.0% | -$0.68-100.0% | -$0.48-92.0% | -$0.62-113.8% | -$0.50-108.3% |
| EPS (Diluted) | -$0.45+33.8% | -$0.33+31.2% | -$0.41+33.9% | -$0.44+12.0% | -$0.68-100.0% | -$0.48-92.0% | -$0.62-113.8% | -$0.50-108.3% |
| Diluted Shares (Avg) | 72M+19.3% | 63M+4.5% | N/A | 61M+0.8% | 61M+0.8% | 61M+1.2% | N/A | 60M+10.8% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Income Tax.
ABOS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $116.0M-32.5% | $133.6M-34.6% | $122.8M-48.6% | $142.2M-46.7% | $171.9M-40.5% | $204.5M-32.1% | $239.0M-22.9% | $267.0M-6.8% |
| Current Assets | $115.5M-22.2% | $133.1M-14.1% | $122.3M-31.4% | $132.2M-36.4% | $148.4M-44.4% | $154.9M-39.4% | $178.3M-27.7% | $207.6M-5.0% |
| Cash & Equivalents | $59.4M+61.5% | $51.8M+71.7% | $54.0M+51.5% | $46.8M+41.1% | $36.8M-45.8% | $30.2M-35.7% | $35.6M-46.7% | $33.2M-65.0% |
| Short-Term Investments | $50.8M-52.4% | $76.6M-35.6% | $62.9M-53.7% | $79.8M-52.3% | $106.6M-44.6% | $119.0M-42.1% | $135.9M-23.0% | $167.2M+38.7% |
| Long-Term Investments | $0-100.0% | $0-100.0% | $0-100.0% | $9.4M-83.9% | $22.8M+9.0% | $48.8M+10.6% | $60.0M-4.1% | $58.6M-13.0% |
| Total Liabilities | $58.7M+7.2% | $46.2M-5.7% | $52.4M-8.3% | $49.0M-1.5% | $54.8M+21.9% | $49.0M+25.7% | $57.2M+32.5% | $49.8M+716.2% |
| Current Liabilities | $46.8M+88.4% | $29.2M+51.3% | $30.0M+8.7% | $22.0M+10.3% | $24.9M+61.8% | $19.3M+128.0% | $27.6M+112.8% | $19.9M+226.6% |
| Non-Current Liabilities | $11.9M-60.3% | $16.9M-42.9% | $22.4M-24.3% | $27.1M-9.3% | $30.0M+1.2% | $29.6M-2.7% | $29.6M-2.0% | $29.9M |
| Long-Term Debt | $11.9M-60.2% | $16.9M-42.7% | $22.4M-23.9% | $27.1M-8.8% | $29.9M+1.7% | $29.5M-2.3% | $29.4M-1.6% | $29.7M |
| Total Equity | $57.3M-51.1% | $87.5M-43.8% | $70.4M-61.3% | $93.2M-57.1% | $117.1M-52.0% | $155.5M-40.6% | $181.8M-31.9% | $217.2M-22.5% |
| Retained Earnings | -$499.9M-26.6% | -$467.2M-32.0% | -$446.5M-37.3% | -$421.3M-46.3% | -$394.9M-52.9% | -$353.9M-48.9% | -$325.1M-45.9% | -$288.0M-39.6% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
ABOS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$18.1M+43.2% | -$24.1M+29.3% | -$19.1M+29.8% | -$30.5M-24.0% | -$31.8M-92.4% | -$34.1M-91.1% | -$27.2M-227.3% | -$24.6M-90.6% |
| Depreciation & Amortization | $11K-31.3% | $12K-20.0% | $12K-14.3% | $15K-6.3% | $16K-5.9% | $15K-6.3% | $14K-26.3% | $16K+23.1% |
| Stock-Based Compensation | $2.5M+1.0% | $2.4M-3.2% | N/A | $2.5M+5.3% | $2.5M+1.1% | $2.5M-0.4% | N/A | $2.3M+46.1% |
| Capital Expenditures | $0-100.0% | $0-100.0% | $0 | $0 | $9K+80.0% | $79K+618.2% | $0-100.0% | $0-100.0% |
| Free Cash Flow | -$18.1M+43.2% | -$24.1M+29.5% | -$19.1M+29.8% | -$30.5M-24.0% | -$31.8M-92.4% | -$34.2M-91.4% | -$27.2M-226.8% | -$24.6M-90.5% |
| Investing Cash Flow | $26.0M-32.4% | -$13.8M-148.1% | $26.3M-11.5% | $40.5M+499.8% | $38.5M+2.1% | $28.7M+411.7% | $29.7M+160.8% | -$10.1M+89.0% |
| Financing Cash Flow | -$278K | $35.7M+99383.3% | $2K+122.2% | $0+100.0% | $0+100.0% | -$36K-100.5% | -$9K-100.0% | -$42K-100.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ABOS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -57.1%-22.2pp | -23.7%-5.2pp | N/A | -28.4%-14.7pp | -35.0%-26.6pp | -18.5%-12.8pp | N/A | -13.7%-9.1pp |
| Return on Assets | -28.2%-4.4pp | -15.5%-1.4pp | N/A | -18.6%-7.4pp | -23.8%-16.7pp | -14.1%-9.1pp | N/A | -11.2%-6.6pp |
| Current Ratio | 2.47-3.5x | 4.55-3.5x | 4.07-2.4x | 6.02-4.4x | 5.97-11.4x | 8.02-22.2x | 6.46-12.6x | 10.43-25.4x |
| Debt-to-Equity | 0.210.0x | 0.190.0x | 0.32+0.2x | 0.29+0.2x | 0.26+0.1x | 0.19+0.1x | 0.160.0x | 0.14+0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Acumen Pharmaceuticals, Inc. ABOS | FY2025 | N/A | -$121.3M | N/A | $201.8M | — |
| CervoMed Inc. CRVO | FY2025 | $4.0M | -$27.0M | N/A | $38.9M | 44/100 |
| Immunic, Inc. IMUX | FY2025 | N/A | -$97.2M | N/A | $155.8M | — |
| Ovid Therapeutics Inc. OVID | FY2025 | $7.3M | -$17.4M | N/A | $525.4M | 65/100 |
| XBiotech Inc XBIT | FY2025 | N/A | -$45.5M | N/A | $66.8M | — |
| Atara Biotherapeutics, Inc ATRA | FY2025 | $120.8M | $32.7M | 27.1% | $94.2M | 63/100 |
Where Acumen Pharmaceuticals, Inc. Ranks
Frequently Asked Questions
Is Acumen Pharmaceuticals, Inc. profitable?
No, Acumen Pharmaceuticals, Inc. (ABOS) reported a net income of -$121.3M in fiscal year 2025.
What is Acumen Pharmaceuticals, Inc.'s EBITDA?
Acumen Pharmaceuticals, Inc. (ABOS) had EBITDA of -$123.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Acumen Pharmaceuticals, Inc. have?
As of fiscal year 2025, Acumen Pharmaceuticals, Inc. (ABOS) had $54.0M in cash and equivalents against $22.4M in long-term debt.
What is Acumen Pharmaceuticals, Inc.'s return on equity (ROE)?
Acumen Pharmaceuticals, Inc. (ABOS) has a return on equity of -172.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Acumen Pharmaceuticals, Inc.'s free cash flow?
Acumen Pharmaceuticals, Inc. (ABOS) recorded an outflow of $115.6M in free cash flow during fiscal year 2025. This represents a -34.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Acumen Pharmaceuticals, Inc.'s operating cash flow?
Acumen Pharmaceuticals, Inc. (ABOS) recorded an outflow of $115.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Acumen Pharmaceuticals, Inc.'s total assets?
Acumen Pharmaceuticals, Inc. (ABOS) had $122.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Acumen Pharmaceuticals, Inc.'s capital expenditures?
Acumen Pharmaceuticals, Inc. (ABOS) invested $88K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Acumen Pharmaceuticals, Inc. spend on research and development?
Acumen Pharmaceuticals, Inc. (ABOS) invested $104.9M in research and development during fiscal year 2025.
What is Acumen Pharmaceuticals, Inc.'s current ratio?
Acumen Pharmaceuticals, Inc. (ABOS) had a current ratio of 4.07 as of fiscal year 2025, which is generally considered healthy.
What is Acumen Pharmaceuticals, Inc.'s debt-to-equity ratio?
Acumen Pharmaceuticals, Inc. (ABOS) had a debt-to-equity ratio of 0.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Acumen Pharmaceuticals, Inc.'s return on assets (ROA)?
Acumen Pharmaceuticals, Inc. (ABOS) had a return on assets of -98.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Acumen Pharmaceuticals, Inc.'s P/E ratio?
Acumen Pharmaceuticals, Inc. (ABOS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $201.8M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Acumen Pharmaceuticals, Inc.'s price-to-sales ratio?
Acumen Pharmaceuticals, Inc. (ABOS) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $201.8M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Acumen Pharmaceuticals, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Acumen Pharmaceuticals, Inc. (ABOS) held $116.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $115.5M over that year. Dividing the one by the other, the reported balance equals about 12 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Acumen Pharmaceuticals, Inc.'s Piotroski F-Score?
Acumen Pharmaceuticals, Inc. (ABOS) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Acumen Pharmaceuticals, Inc.'s earnings high quality?
Acumen Pharmaceuticals, Inc. (ABOS) reported a net loss of $121.3M while operations used $115.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Acumen Pharmaceuticals, Inc. cover its interest payments?
Acumen Pharmaceuticals, Inc. (ABOS) reported an operating loss of $123.8M against $4.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.