Alector (ALEC) Operating Expenses (2018 - 2026)

Alector (ALEC) has reported Operating Expenses for 9 consecutive years, with $27.7 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 34.04% year-over-year to $27.7 million in Q2 2026; TTM through Jun 2026 was $140.3 million, a 34.92% decrease from a year earlier, with the FY2025 full-year figure at $177.1 million, down 27.9% from the prior year.
• Operating Expenses was $27.7 million for Q2 2026 at Alector, up from $26.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $70.4 million in Q2 2022 and troughed at $26.0 million in Q1 2026.
• A 5-year average of $55.4 million and a median of $60.2 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses increased 20.89% in 2022 and tumbled 46.32% in 2026, its largest moves.
• Over 5 years, Operating Expenses stood at $69.9 million in 2022, then dropped by 10.42% to $62.6 million in 2023, then dropped by 1.84% to $61.5 million in 2024, then declined by 25.51% to $45.8 million in 2025, then sank by 39.5% to $27.7 million in 2026.
• The last three Operating Expenses figures came in at $27.7 million (Q2 2026), $26.0 million (Q1 2026), and $45.8 million (Q4 2025), per Business Quant data.