Alector (ALEC) Free Cash Flow (2018 - 2026)

Alector (ALEC) posted quarterly Free Cash Flow of -$49.8 million for Q1 2026, up 18.03% year-over-year from -$42.2 million in Q1 2025, and down 19.44% quarter-over-quarter from -$41.7 million in Q4 2025.

Alector (ALEC) Free Cash Flow (2018 - 2026) Analysis & Trends

Alector (ALEC) has reported Free Cash Flow for 9 consecutive years, with -$49.8 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow rose 18.03% year-over-year to -$49.8 million; the TTM figure through Mar 2026 stood at -$173.1 million (up 24.76% YoY), while the FY2025 annual figure was -$184.1 million, up 20.37% from the prior year.
  • Free Cash Flow declined to -$49.8 million in Q1 2026 per ALEC's latest filing, from -$41.7 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $134.4 million in Q1 2022 and bottomed at -$63.1 million in Q2 2024.
  • Historically, Free Cash Flow has averaged -$39.6 million across 5 years, with a median of -$49.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Free Cash Flow soared 352.06% — and 2023, when it sank 136.35%.
  • Alector's Free Cash Flow stood at -$46.1 million in 2022, then dropped by 0.51% to -$46.3 million in 2023, then slipped by 21.5% to -$56.3 million in 2024, then rose by 25.82% to -$41.7 million in 2025, then declined by 19.44% to -$49.8 million in 2026.
  • Business Quant data shows ALEC's Free Cash Flow at -$49.8 million in Q1 2026, -$41.7 million in Q4 2025, and -$32.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 1.01 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 572.80 Mn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -389.61 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 437.80 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -2.33 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 477.44 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 292.04 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -95.09 Mn
10 Alector 218.85 Mn 46.05 Mn - -34.25 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -34.25 Mn
Jun 30, 2026 -34.25 Mn
Mar 31, 2026 -49.84 Mn
Mar 31, 2026 -49.84 Mn
Dec 31, 2025 -41.73 Mn
Dec 31, 2025 -41.73 Mn
Sep 30, 2025 -32.51 Mn
Sep 30, 2025 -32.51 Mn
Jun 30, 2025 -49.03 Mn
Jun 30, 2025 -49.03 Mn
Mar 31, 2025 -60.80 Mn
Mar 31, 2025 -60.80 Mn
Dec 31, 2024 -56.26 Mn
Dec 31, 2024 -56.26 Mn
Sep 30, 2024 -49.89 Mn
Sep 30, 2024 -49.89 Mn
Jun 30, 2024 -63.13 Mn
Jun 30, 2024 -63.13 Mn
Mar 31, 2024 -61.88 Mn
Mar 31, 2024 -61.88 Mn