Alector (ALEC) Operating Expenses (2018 - 2026)

Alector (ALEC) has 9 years of Operating Expenses data on file, last reported at $26.0 million in Q1 2026.

• On a quarterly basis, Operating Expenses fell 46.32% year-over-year to $26.0 million in Q1 2026; TTM through Mar 2026 was $154.6 million, a 34.0% decrease from a year earlier, with the FY2025 full-year figure at $177.1 million, down 27.9% from the prior year.
• Operating Expenses for Q1 2026 stood at $26.0 million, down from $45.8 million in the prior quarter.
• Over the last five years, Operating Expenses for ALEC reached as high as $70.4 million in Q2 2022 and fell as low as $26.0 million in Q1 2026.
• Historically, Operating Expenses has averaged $57.0 million across 5 years, with a median of $60.7 million in 2024.
• Across the five-year window, Operating Expenses grew 20.89% in 2022 and plunged 46.32% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $69.9 million in 2022, then dropped by 10.35% to $62.6 million in 2023, then decreased by 1.84% to $61.5 million in 2024, then slipped by 25.51% to $45.8 million in 2025, then slumped by 43.31% to $26.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $26.0 million in Q1 2026, $45.8 million in Q4 2025, and $40.9 million in Q3 2025.