Alumis Inc. cash flow statement

In fiscal 2025, Alumis Inc.'s operations generated −$370m of cash; it spent $653,000 on capital projects, leaving free cash flow of −$370m. It returned $17,000 through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Alumis Inc.: cash flow statement, annual
Fiscal year	2025Dec 2025	LTMJun 2026
Cash from operations	−370	−351
Depreciation and amortisation	3	3
Stock-based pay	44	45
Capital spending	1	0
Free cash flow	−370	−352
Free cash flow after stock pay	−414	−396
Share buybacks	0	—

US$ millions unless shown otherwise. Fiscal quarters.

Alumis Inc.: cash flow statement, quarterly
Quarter	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Cash from operations	−80	−106	−111	−72	−87	−82
Depreciation and amortisation	1	1	1	1	1	1
Stock-based pay	7	19	10	8	12	14
Capital spending	0	1	0	0	0	0
Free cash flow	−80	−107	−111	−72	−87	−82
Free cash flow after stock pay	−87	−126	−121	−80	−100	−96
Shares issued	—	—	—	—	324	0

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: ALMS vs EVAX ALMS vs ROIV ADAG vs ALMS

More: Biotechnology stocks compared, Health Care sector, rankings of US companies

Figures from Alumis Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Alumis Inc.