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ALT Financials Altimmune, Inc.

15 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 68.9% per year over the past 5 years.

Financial health

  • The company holds more cash ($44M) than total debt ($34M).
  • Total debt has grown faster than revenue (79.7% vs -68.9% per year).
  • Operating income covered interest expense -57.8× in the latest year.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$97M -$36M $24M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-515860% -193415% 129029% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-160% -80% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$90M -$45M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $95M $190M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$132M $41M $213M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $41000 -$88M 0.0% -230461.0% -39.2% -31.5% -$68M $34M $44M
2024 $20000 -$95M 0.0% -515860.0% -77.0% -68.2% — — $37M
2023 $426000 -$88M 0.0% -22518.5% -45.6% -42.0% -$76M — $135M
2022 -$68000 -$85M 0.0% 129029.4% -45.7% -40.9% -$63M $5M $111M
2021 $4M -$97M 0.0% -2197.6% -48.8% -44.4% -$90M $1M $190M
2020 — -$49M — — -21.7% -20.0% -$35M $2M $116M
2019 — -$21M — — -45.1% -38.0% -$10M $2M $9M
2018 — -$39M — — -81.1% -71.5% -$10M $572770 $34M
2017 — -$46M — — -117.8% -73.7% -$20M $599927 $9M
2016 — -$11M — — -34.4% -28.9% — $525950 $3M
2015 — -$3M — — -8.0% -17.3% — — $16M
2014 — -$10M — — -54.5% -45.3% — — $19M
2013 — -$12M — — -159.7% -68.4% — $3M $10M
2012 — -$5M — — -42.1% -21.6% — $4M $13M
2011 $24M -$4M 0.0% -48.3% -24.0% -16.7% -$8M — $11M

Valuation over time

How the market has priced ALT 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 35110.4 70220.9 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is ALT growing its revenue and profit?

Over the past 5 years, Altimmune, Inc.'s revenue has declined 68.9% per year. These are computed facts, not advice.

How much debt does ALT have?

As of FY2025, Altimmune, Inc. reported $34M of total debt against $44M of cash; operating income covered interest expense -57.8×.

What is ALT's profit margin?

In FY2025, gross margin was —, operating margin -230461.0%, and net margin -214861.0%.

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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.