Alector (ALEC) Accumulated Expenses (2018 - 2026)
Alector (ALEC) reported Accumulated Expenses of $7.04 million for Q2 2026, down 50.5% from $14.22 million a year earlier and down 35.6% from the prior quarter.
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Analysis
Alector (ALEC) Accumulated Expenses (2018 - 2026) Analysis & Trends
At the end of FY2025, Alector posted Accumulated Expenses of $19.3 million, down 33.2% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $28.89 million in FY2024 (-4.9%), $30.38 million in FY2023 (+9.4%), $27.77 million in FY2022 (+1.1%) and $27.46 million in FY2021 (+21.8%).
- The Q2 2026 figure ranks as the lowest quarterly Accumulated Expenses in data going back to Q4 2018.
- Year over year, Accumulated Expenses has now declined in each of the last eight quarters, with an average decline of 27.3% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q3 2023 (growth of 31.0%); the low point was Q2 2026 (a decline of 50.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $10.93 million (Q1 2026), $19.3 million (Q4 2025) and $18.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Alector | 206.57 Mn | -719.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.04 Mn |
| Mar 31, 2026 | 10.93 Mn |
| Dec 31, 2025 | 19.30 Mn |
| Sep 30, 2025 | 18.33 Mn |
| Jun 30, 2025 | 14.22 Mn |
| Mar 31, 2025 | 17.32 Mn |
| Dec 31, 2024 | 28.89 Mn |
| Sep 30, 2024 | 25.70 Mn |
| Jun 30, 2024 | 23.08 Mn |
| Mar 31, 2024 | 19.39 Mn |
| Dec 31, 2023 | 30.38 Mn |
| Sep 30, 2023 | 30.42 Mn |
| Jun 30, 2023 | 22.92 Mn |
| Mar 31, 2023 | 18.58 Mn |
| Dec 31, 2022 | 27.77 Mn |
| Sep 30, 2022 | 23.23 Mn |
| Jun 30, 2022 | 23.71 Mn |
| Mar 31, 2022 | 20.04 Mn |
| Dec 31, 2021 | 27.46 Mn |
| Sep 30, 2021 | 20.59 Mn |
API Access
Alector Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ALEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "ALEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ALEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();