Alector, Inc. income statement
In fiscal 2025, Alector, Inc. reported revenue of $21.0m, down 79.1% on the year before, operating income of −$156m (a -741.3% margin) and net income of −$143m, or −$1.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 28 | 21 | 21 | 207 | 134 | 97 | 101 | 21 | 14 |
| Research and development | 30 | 73 | 101 | 157 | 189 | 210 | 192 | 186 | 123 | 99 |
| General and administrative | 7 | 12 | 35 | 59 | 55 | 61 | 57 | 60 | 54 | 41 |
| Operating income | −33 | −57 | −114 | −195 | −37 | −138 | −152 | −145 | −156 | −126 |
| Income before tax | — | — | — | — | — | −130 | −125 | −119 | −143 | −118 |
| Income tax | — | — | 0 | 0 | 0 | 3 | 5 | 0 | 0 | 0 |
| Net income | −32 | −52 | −105 | −190 | −36 | −133 | −130 | −119 | −143 | −118 |
| Diluted EPS | −$3.55 | −$4.62 | −$1.71 | −$2.45 | −$0.45 | −$1.62 | −$1.56 | −$1.23 | −$1.39 | −$1.09 |
| Diluted shares (average) | 9m | 11m | 62m | 78m | 80m | 82m | 84m | 97m | 103m | 109m |
| EBITDA | −32 | −56 | −111 | −189 | −31 | −132 | −146 | −140 | −150 | −122 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 54 | 4 | 8 | 3 | 6 | 1 | 3 |
| Research and development | 48 | 46 | 34 | 28 | 29 | 32 | 18 | 19 |
| General and administrative | 16 | 15 | 15 | 14 | 12 | 13 | 8 | 8 |
| Operating income | −48 | −7 | −45 | −34 | −38 | −40 | −25 | −24 |
| Income before tax | −42 | −2 | −40 | −31 | −35 | −37 | −23 | −23 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −42 | −2 | −40 | −31 | −35 | −37 | −23 | −23 |
| Diluted EPS | −$0.43 | −$0.01 | −$0.41 | −$0.30 | −$0.34 | −$0.34 | −$0.21 | −$0.21 |
| EBITDA | −47 | −6 | −44 | −32 | −36 | −38 | −24 | −23 |
Compare with peers
- Lineage Cell Therapeutics, Inc. income statement
- Keros Therapeutics, Inc. income statement
- Surrozen, Inc. income statement
- Mindwalk Holdings Corp. income statement
- Proqr Therapeutics N.V. income statement
Head to head: ALEC vs LCTXALEC vs KROSALEC vs SRZN
More: Biotechnology stocks compared, Health Care sector, rankings of US companies