Aeluma Financials
This page shows Aeluma (ALMU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Aeluma has an operating margin of -45.9%, meaning the company retains $-46 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -496.5% the prior year.
Aeluma's revenue surged 407.6% year-over-year to $4.7M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Aeluma carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 24.59, Aeluma holds $24.59 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Aeluma generated -$1.1M in operating cash flow, capex of $161K consumed most of it, leaving -$1.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Aeluma passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Aeluma generates $0.38 in operating cash flow (-$1.1M OCF vs -$3.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Aeluma generated $4.7M in revenue in fiscal year 2025. This represents an increase of 407.6% from the prior year.
Aeluma's EBITDA was -$1.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 59.4% from the prior year.
Aeluma generated -$1.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 65.3% from the prior year.
Aeluma reported -$3.0M in net income in fiscal year 2025. This represents an increase of 33.8% from the prior year.
Aeluma earned $-0.23 per diluted share (EPS) in fiscal year 2025. This represents an increase of 37.8% from the prior year.
Aeluma held $3.6M in cash against $0 in long-term debt as of fiscal year 2025.
Aeluma had 16M shares outstanding in fiscal year 2025. This represents an increase of 30.3% from the prior year.
Aeluma's gross margin was 59.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 27.0 percentage points from the prior year.
Aeluma's operating margin was -45.9% in fiscal year 2025, reflecting core business profitability. This is up 450.6 percentage points from the prior year.
Aeluma's net profit margin was -64.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 431.6 percentage points from the prior year.
Aeluma invested $1.3M in research and development in fiscal year 2025. This represents a decrease of 48.3% from the prior year.
Aeluma invested $161K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 50.0% from the prior year.
ALMU Income Statement
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1K-99.9% | $1.3M-8.2% | $1.4M+10.4% | $1.3M-22.1% | $1.6M+235.1% | $481K+39.9% | $344K+30.8% | $263K |
| Cost of Revenue | $919-99.9% | $919K+31.1% | $701K+69.7% | $413K-29.3% | $584K+85.4% | $315K+34.9% | $234K+70.8% | $137K |
| Gross Profit | $353-99.9% | $353K-48.4% | $684K-18.8% | $842K-18.1% | $1.0M+519.3% | $166K+50.5% | $110K-12.6% | $126K |
| R&D Expenses | $906-99.9% | $906K+49.5% | $606K+28.7% | $471K+75.7% | $268K-33.2% | $401K-35.4% | $620K-4.7% | $651K |
| SG&A Expenses | $2K-99.9% | $1.5M-9.4% | $1.7M+40.2% | $1.2M+224.1% | $371K-25.2% | $496K+9.5% | $453K-25.0% | $604K |
| Operating Income | $2K+100.1% | -$2.1M-29.4% | -$1.6M-93.4% | -$831K-313.7% | $389K+153.2% | -$731K+24.1% | -$963K+14.7% | -$1.1M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $2K+100.1% | -$1.9M-24.1% | -$1.5M-202.2% | $1.5M+150.5% | -$2.9M-296.6% | -$730K+24.2% | -$963K+14.7% | -$1.1M |
| EPS (Diluted) | $0.11+200.0% | $-0.11-22.2% | $-0.09-181.8% | $0.11+145.8% | $-0.24-300.0% | $-0.06+25.0% | $-0.08+11.1% | $-0.09 |
ALMU Balance Sheet
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $43K-99.9% | $42.6M-0.2% | $42.7M+120.3% | $19.4M+186.5% | $6.8M+6.4% | $6.3M+34.4% | $4.7M-11.4% | $5.3M |
| Current Assets | $40K-99.9% | $40.3M+0.1% | $40.2M+133.5% | $17.2M+280.3% | $4.5M+12.5% | $4.0M+88.0% | $2.1M-23.5% | $2.8M |
| Cash & Equivalents | $39K-99.9% | $38.6M+48.8% | $25.9M+570.5% | $3.9M+26.2% | $3.1M-12.5% | $3.5M+86.8% | $1.9M-22.6% | $2.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1K-99.9% | $1.0M-19.9% | $1.2M+9.1% | $1.1M-13.7% | $1.3M+311.1% | $322K+118.4% | $148K-23.6% | $193K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2K-99.9% | $1.8M+0.4% | $1.8M+29.0% | $1.4M-76.2% | $5.7M+23.5% | $4.6M+186.0% | $1.6M+11.2% | $1.5M |
| Current Liabilities | $825-99.9% | $825K+7.4% | $768K+46.1% | $526K+7.6% | $489K-81.4% | $2.6M+307.1% | $646K+43.3% | $451K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $296K |
| Total Equity | $41K-99.9% | $40.8M-0.2% | $40.9M+127.2% | $18.0M+1642.2% | $1.0M-39.7% | $1.7M-44.8% | $3.1M-19.9% | $3.9M |
| Retained Earnings | $20K+100.1% | -$20.0M-10.2% | -$18.1M-14.9% | -$15.8M+8.5% | -$17.2M-20.2% | -$14.4M-13.6% | -$12.6M-8.2% | -$11.7M |
ALMU Cash Flow Statement
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1K+100.4% | -$251K+69.2% | -$815K-426.9% | $249K+162.2% | -$401K+56.9% | -$931K-135.2% | -$396K+66.4% | -$1.2M |
| Capital Expenditures | $241-99.2% | $31K-85.2% | $210K+375.4% | $44K+13.3% | $39K+1850.0% | $2K-98.7% | $153K-3.2% | $158K |
| Free Cash Flow | $825+100.3% | -$282K+72.5% | -$1.0M-599.6% | $205K+146.6% | -$440K+52.8% | -$933K-70.1% | -$548K+58.9% | -$1.3M |
| Investing Cash Flow | $241+100.8% | -$31K+85.2% | -$210K-375.4% | -$44K-13.3% | -$39K-1850.0% | -$2K+98.7% | -$153K+2.9% | -$157K |
| Financing Cash Flow | $24K-96.6% | $707K-97.0% | $23.4M+86.0% | $12.6M | $0-100.0% | $3.1M | $0 | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | -$1 | N/A | $0 | $0 |
ALMU Financial Ratios
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.8%0.0pp | 27.8%-21.6pp | 49.4%-17.7pp | 67.1%+3.3pp | 63.8%+29.3pp | 34.5%+2.4pp | 32.1%-15.9pp | 48.0% |
| Operating Margin | 163.6%+327.2pp | -163.6%-47.5pp | -116.1%-49.9pp | -66.3%-90.4pp | 24.1%+176.1pp | -152.0%+128.0pp | -280.0%+149.2pp | -429.2% |
| Net Margin | 145.7%+291.4pp | -145.7%-37.9pp | -107.8%-224.2pp | 116.4%+296.0pp | -179.6%-27.8pp | -151.8%+128.2pp | -279.9%+149.2pp | -429.1% |
| Return on Equity | 4.5% | N/A | N/A | 8.1% | N/A | N/A | N/A | N/A |
| Return on Assets | 4.3%+8.7pp | -4.3%-0.8pp | -3.5%-11.1pp | 7.5%+50.4pp | -42.8%-31.3pp | -11.5%+8.9pp | -20.4%+0.8pp | -21.2% |
| Current Ratio | 48.800.0 | 48.80-3.6 | 52.38+19.6 | 32.76+23.5 | 9.27+7.7 | 1.53-1.8 | 3.31-2.9 | 6.21 |
| Debt-to-Equity | 0.040.0 | 0.040.0 | 0.04-0.0 | 0.08-5.5 | 5.54+2.8 | 2.71+2.2 | 0.52+0.1 | 0.38 |
| FCF Margin | 64.9%+87.0pp | -22.2%+51.8pp | -74.0%-90.4pp | 16.4%+43.6pp | -27.3%+166.7pp | -194.0%-34.5pp | -159.5%+348.0pp | -507.5% |
Similar Companies
Frequently Asked Questions
What is Aeluma's annual revenue?
Aeluma (ALMU) reported $4.7M in total revenue for fiscal year 2025. This represents a 407.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Aeluma's revenue growing?
Aeluma (ALMU) revenue grew by 407.6% year-over-year, from $919K to $4.7M in fiscal year 2025.
Is Aeluma profitable?
No, Aeluma (ALMU) reported a net income of -$3.0M in fiscal year 2025, with a net profit margin of -64.8%.
What is Aeluma's earnings per share (EPS)?
Aeluma (ALMU) reported diluted earnings per share of $-0.23 for fiscal year 2025. This represents a 37.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Aeluma's EBITDA?
Aeluma (ALMU) had EBITDA of -$1.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Aeluma's gross margin?
Aeluma (ALMU) had a gross margin of 59.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Aeluma's operating margin?
Aeluma (ALMU) had an operating margin of -45.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Aeluma's net profit margin?
Aeluma (ALMU) had a net profit margin of -64.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Aeluma's free cash flow?
Aeluma (ALMU) generated -$1.3M in free cash flow during fiscal year 2025. This represents a 65.3% 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 Aeluma's operating cash flow?
Aeluma (ALMU) generated -$1.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Aeluma's total assets?
Aeluma (ALMU) had $19.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Aeluma's capital expenditures?
Aeluma (ALMU) invested $161K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Aeluma spend on research and development?
Aeluma (ALMU) invested $1.3M in research and development during fiscal year 2025.
How many shares does Aeluma have outstanding?
Aeluma (ALMU) had 16M shares outstanding as of fiscal year 2025.
What is Aeluma's current ratio?
Aeluma (ALMU) had a current ratio of 24.59 as of fiscal year 2025, which is generally considered healthy.
What is Aeluma's debt-to-equity ratio?
Aeluma (ALMU) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Aeluma's return on assets (ROA)?
Aeluma (ALMU) had a return on assets of -15.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Aeluma's cash runway?
Based on fiscal year 2025 data, Aeluma (ALMU) had $3.6M in cash against an annual operating cash burn of $1.1M. This gives an estimated cash runway of approximately 38 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 Aeluma's Piotroski F-Score?
Aeluma (ALMU) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Aeluma's earnings high quality?
Aeluma (ALMU) has an earnings quality ratio of 0.38x, considered low quality (accrual-driven). 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 Aeluma?
Aeluma (ALMU) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.