Alumis Inc Financials
Alumis Inc (ALMS) reported $24.1M in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Alumis still operates like a cash-funded R&D platform, with first revenue far too small to offset a rapidly rising expense base.
FY2025's 4.3x current ratio looks comfortable, but operating burn of-$369.5M means liquidity was much tighter than the working-capital snapshot suggests. Cash ended at$89.7M after$287.9M of investing inflows, showing the year-end cash position was supported by asset-related cash movements rather than by self-funding operations.
With revenue at only
In the latest year, core operating losses widened from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Alumis Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Alumis Inc's reported operating margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 2/100.
Not available for Alumis Inc, and counted as zero in the overall score.
Alumis Inc carries a low D/E ratio of 0.37, meaning only $0.37 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.34, Alumis Inc holds $4.34 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 87/100.
Alumis Inc's reported free cash flow margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 1/100.
Alumis Inc posts a -80.8% return on equity (ROE), meaning it loses $81 for every $100 of shareholders' equity. This results in a returns score of 3/100. This is up from -113.1% the prior year.
Alumis Inc scores 11.53, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($3.2B) relative to total liabilities ($110.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Alumis Inc passes 1 of 5 computable financial strength tests (4 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).
Alumis Inc reported a net loss of $243.3M while operations used $369.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Alumis Inc generated $24.1M in revenue in fiscal year 2025.
Alumis Inc's EBITDA was -$450.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 51.3% from the prior year.
Alumis Inc reported -$243.3M in net income in fiscal year 2025. This represents an increase of 17.3% from the prior year.
Cash & Balance Sheet
Alumis Inc recorded an outflow of $370.2M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 44.1% from the prior year.
Alumis Inc held $89.7M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Alumis Inc's ROE was -80.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 32.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Alumis Inc invested $386.0M in research and development in fiscal year 2025. This represents an increase of 45.4% from the prior year.
Alumis Inc spent $17K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 183.3% from the prior year.
Alumis Inc invested $653K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 62.3% from the prior year.
ALMS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $7.4M | $24.1M | N/A | N/A |
| R&D Expenses | $347.5M | $386.0M+45.4% | $265.6M+92.9% | $137.7M |
| SG&A Expenses | $77.1M | $91.9M+161.0% | $35.2M+71.7% | $20.5M |
| Operating Income | -$459.0M | -$453.8M-50.9% | -$300.8M-90.1% | -$158.2M |
| Income Tax | N/A | -$8.6M | $0 | $0 |
| Net Income | -$439.0M | -$243.3M+17.3% | -$294.2M-89.8% | -$155.0M |
| EPS (Diluted) | — | -$2.86 | -$10.38 | -$72.08 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Interest Expense.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ALMS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Assets | $411.9M+20.8% | $341.0M+280.5% | $89.6M |
| Current Assets | $318.2M+3.9% | $306.2M+473.8% | $53.4M |
| Cash & Equivalents | $89.7M-47.1% | $169.5M+268.6% | $46.0M |
| Total Liabilities | $110.6M+36.8% | $80.9M-81.1% | $428.9M |
| Current Liabilities | $73.3M+44.0% | $50.9M+143.9% | $20.9M |
| Total Equity | $301.3M+15.8% | $260.1M+176.7% | -$339.3M |
| Retained Earnings | -$901.9M-36.9% | -$658.6M-80.8% | -$364.3M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
ALMS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Operating Cash Flow | -$351.4M | -$369.5M-44.9% | -$255.1M-96.3% | -$130.0M |
| Capital Expenditures | $401K | $653K-62.3% | $1.7M-61.5% | $4.5M |
| Free Cash Flow | -$351.8M | -$370.2M-44.1% | -$256.8M-91.0% | -$134.5M |
| Investing Cash Flow | -$97.9M | $287.9M+353.0% | -$113.8M-288.2% | $60.5M |
| Financing Cash Flow | $360.9M | $2.1M-99.6% | $492.4M+449.0% | $89.7M |
| Share Buybacks | N/A | $17K+183.3% | $6K-90.6% | $64K |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ALMS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Operating Margin | -1886.9% | N/A | N/A |
| Net Margin | -1011.8% | N/A | N/A |
| Return on Equity | -80.8%+32.4pp | -113.1% | N/A |
| Return on Assets | -59.1%+27.2pp | -86.3%+86.7pp | -173.0% |
| Current Ratio | 4.34-1.7x | 6.01+3.5x | 2.56 |
| Debt-to-Equity | 0.37+0.1x | 0.31 | N/A |
| FCF Margin | -1539.2% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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Where Alumis Inc Ranks
Frequently Asked Questions
What is Alumis Inc's annual revenue?
Alumis Inc (ALMS) reported $24.1M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Alumis Inc profitable?
No, Alumis Inc (ALMS) reported a net income of -$243.3M in fiscal year 2025.
What is Alumis Inc's EBITDA?
Alumis Inc (ALMS) had EBITDA of -$450.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Alumis Inc's return on equity (ROE)?
Alumis Inc (ALMS) has a return on equity of -80.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Alumis Inc's free cash flow?
Alumis Inc (ALMS) recorded an outflow of $370.2M in free cash flow during fiscal year 2025. This represents a -44.1% 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 Alumis Inc's operating cash flow?
Alumis Inc (ALMS) recorded an outflow of $369.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Alumis Inc's total assets?
Alumis Inc (ALMS) had $411.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Alumis Inc's capital expenditures?
Alumis Inc (ALMS) invested $653K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Alumis Inc spend on research and development?
Alumis Inc (ALMS) invested $386.0M in research and development during fiscal year 2025.
What is Alumis Inc's current ratio?
Alumis Inc (ALMS) had a current ratio of 4.34 as of fiscal year 2025, which is generally considered healthy.
What is Alumis Inc's debt-to-equity ratio?
Alumis Inc (ALMS) had a debt-to-equity ratio of 0.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Alumis Inc's return on assets (ROA)?
Alumis Inc (ALMS) had a return on assets of -59.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Alumis Inc's cash runway?
Based on fiscal year 2025 data, Alumis Inc (ALMS) had $89.7M in cash against an annual operating cash burn of $369.5M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Alumis Inc's Altman Z-Score?
Alumis Inc (ALMS) has an Altman Z-Score of 11.53, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Alumis Inc's Piotroski F-Score?
Alumis Inc (ALMS) has a Piotroski F-Score of 1 out of 5 computable signals; 4 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 Alumis Inc's earnings high quality?
Alumis Inc (ALMS) reported a net loss of $243.3M while operations used $369.5M 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.
How financially healthy is Alumis Inc?
Alumis Inc (ALMS) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.