Financial health
- The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
ALMS Financials Alumis Inc.
3 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 →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $24M | -$243M | 0.0% | -1886.9% | -80.8% | -59.1% | -$370M | — | $90M |
| 2024 | — | -$294M | — | — | -113.1% | -86.3% | -$257M | — | $170M |
| 2023 | — | -$155M | — | — | 45.7% | -173.0% | -$134M | — | $46M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $2M | -$142M | 0.0% | -8956.4% | -31.5% | -25.4% | -$82M | — | $64M |
| Mar '26 | $2M | -$93M | 0.0% | -5652.4% | -16.4% | -13.9% | -$87M | — | $64M |
| Dec '25 | $2M | -$93M | 0.0% | -4999.7% | -30.8% | -22.6% | -$72M | — | $90M |
| Sep '25 | $2M | -$111M | 0.0% | -5580.4% | -28.8% | -22.7% | -$111M | — | $65M |
| Jun '25 | $3M | $59M | 0.0% | -5271.5% | 12.2% | 9.7% | -$107M | — | $152M |
| Mar '25 | $17M | -$99M | 0.0% | -583.9% | -58.8% | -37.9% | -$80M | — | $129M |
| Dec '24 | — | -$95M | — | — | -36.4% | -27.8% | -$75M | — | $170M |
| Sep '24 | — | -$93M | — | — | -26.7% | -22.6% | -$85M | — | $213M |
| Jun '24 | — | -$57M | — | — | 12.9% | -21.3% | -$53M | — | $155M |
| Mar '24 | — | -$50M | — | — | 12.9% | — | -$44M | — | $112M |
| Dec '23 | — | -$39M | — | — | 11.6% | -43.9% | -$35M | — | $46M |
| Sep '23 | — | -$43M | — | — | 14.3% | — | -$35M | — | $54M |
| Jun '23 | — | -$36M | — | — | 13.8% | — | — | — | $80M |
| Mar '23 | — | -$36M | — | — | 15.8% | — | — | — | — |
Valuation over time
How the market has priced ALMS against its own fundamentals since 2024-06 — 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.
- The price-to-sales ratio has risen from 51.2× (Dec '25) to 59.7× (Sep '26).
P/S
Frequently asked questions
Is ALMS growing its revenue and profit?
See the revenue and net-income charts above for Alumis Inc.'s multi-year trend.
How much debt does ALMS have?
As of FY2025, Alumis Inc. reported — of total debt against $90M of cash.
What is ALMS's profit margin?
In FY2025, gross margin was —, operating margin -1886.9%, and net margin -1011.7%.
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.