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.

• Operating Expenses for Q1 2026 came in at $26.0 million, down 46.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $154.6 million (down 34.0% YoY), and the FY2025 annual result was $177.1 million, down 27.9% from the prior year.
• Operating Expenses retreated to $26.0 million in Q1 2026 per ALEC's latest filing, from $45.8 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 $57.0 million and a median of $60.7 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses rose 20.89% in 2022, then slumped 46.32% in 2026.
• A 5-year view of Operating Expenses shows it stood at $69.9 million in 2022, then retreated by 10.35% to $62.6 million in 2023, then declined by 1.84% to $61.5 million in 2024, then fell by 25.51% to $45.8 million in 2025, then sank by 43.31% to $26.0 million in 2026.
• Business Quant data shows ALEC's Operating Expenses at $26.0 million in Q1 2026, $45.8 million in Q4 2025, and $40.9 million in Q3 2025.