Alector (ALEC) Operating Income (2018 - 2026)

Alector's (ALEC) quarterly Operating Income came in at -$24.9 million in Q1 2026, up 44.25% year-on-year from -$17.3 million in Q1 2025, and up 37.02% on a QoQ basis from -$39.6 million in Q4 2025.

Alector (ALEC) Operating Income (2018 - 2026) Analysis & Trends

Alector (ALEC) has 9 years of Operating Income data on file, last reported at -$24.9 million in Q1 2026.

  • On a quarterly basis, Operating Income rose 44.25% year-over-year to -$24.9 million in Q1 2026; TTM through Mar 2026 was -$136.2 million, a 6.68% increase from a year earlier, with the FY2025 full-year figure at -$156.0 million, down 7.59% from the prior year.
  • Operating Income for Q1 2026 stood at -$24.9 million, up from -$39.6 million in the prior quarter.
  • Over the last five years, Operating Income for ALEC reached as high as $9.5 million in Q2 2022 and fell as low as -$55.4 million in Q4 2022.
  • Historically, Operating Income has averaged -$36.2 million across 5 years, with a median of -$44.1 million in 2022.
  • Across the five-year window, Operating Income soared 117.13% in 2022 and sank 1170.72% in 2024, its largest moves.
  • Year by year, Operating Income stood at -$55.4 million in 2022, then climbed by 14.4% to -$47.5 million in 2023, then soared by 84.72% to -$7.2 million in 2024, then tumbled by 445.81% to -$39.6 million in 2025, then jumped by 37.02% to -$24.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$24.9 million in Q1 2026, -$39.6 million in Q4 2025, and -$37.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -27.75 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 249.90 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.72 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -445.22 Mn
10 Alector 164.78 Mn -41.74 Mn - -24.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.92 Mn
Dec 31, 2025 -39.57 Mn
Sep 30, 2025 -37.61 Mn
Jun 30, 2025 -34.14 Mn
Mar 31, 2025 -44.70 Mn
Dec 31, 2024 -7.25 Mn
Sep 30, 2024 -48.43 Mn
Jun 30, 2024 -45.61 Mn
Mar 31, 2024 -43.71 Mn
Dec 31, 2023 -47.45 Mn
Sep 30, 2023 -50.58 Mn
Jun 30, 2023 -3.59 Mn
Mar 31, 2023 -50.12 Mn
Dec 31, 2022 -55.44 Mn
Sep 30, 2022 -47.75 Mn
Jun 30, 2022 9.48 Mn
Mar 31, 2022 -44.12 Mn
Dec 31, 2021 -55.73 Mn
Sep 30, 2021 126.33 Mn
Jun 30, 2021 -55.33 Mn