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Alector vs Lineage Cell Therapeutics

Alector is the larger business, with $21.0m of revenue in fiscal 2025 against $14.6m for Lineage Cell Therapeutics (1.4 times as much). Lineage Cell Therapeutics grew faster (53.2% against -79.1%). Lineage Cell Therapeutics kept more of each dollar of sales as profit: a net margin of -436.5% against -679.2%.

Latest fiscal yearAlectorALEC, 2025Lineage Cell TherapeuticsLCTX, 2025
Revenue $21.0m $14.6m
Revenue growth -79.1% 53.2%
Net income −$143m −$63.5m
Operating margin -741.3% —
Net margin -679.2% -436.5%
Return on equity -181.6% -103.4%
Free cash flow −$184m −$19.4m
Cash $65.8m $40.8m
Total debt $10.4m $0
Debt to equity 33.8% —
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 103 77
Market value $229m $252m
Price vs our value range — —
Moat score 9 (Weak) 21 (Weak)
Insider trades, 12 months 0 buys, 21 sales 1 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.