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ALEC Financials Alector, Inc.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 0.1% per year over the past 5 years.
  • Operating margin has expanded, at -741.3% in the latest year.

Financial health

  • The company holds more cash ($66M) than total debt ($10M).
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$190M $8M $207M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-1138% -569% 0% 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$231M $32M $295M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $165M $329M 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$230M $34M $299M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $21M -$143M 0.0% -741.3% -$184M $10M $66M
2024 $101M -$119M 0.0% -144.2% -$231M $10M $33M
2023 $97M -$130M 0.0% -156.3% -$187M $0 $75M
2022 $134M -$133M 0.0% -103.2% -$24M $154M
2021 $207M -$36M 0.0% -18.0% $295M $329M
2020 $21M -$190M 0.0% -925.1% -$172M $50M
2019 $21M -$105M 0.0% -539.2% -$115M $90M
2018 $28M -$52M 0.0% -208.3% $126M $65M
2017 $3M -$32M 0.0% -1137.8% -$19M $32M

Valuation over time

How the market has priced ALEC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 6.5 13.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is ALEC growing its revenue and profit?

Over the past 5 years, Alector, Inc.'s revenue has declined 0.1% per year. These are computed facts, not advice.

How much debt does ALEC have?

As of FY2025, Alector, Inc. reported $10M of total debt against $66M of cash.

What is ALEC's profit margin?

In FY2025, gross margin was —, operating margin -741.3%, and net margin -679.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.