Alector (ALEC) Operating Leases (2019 - 2026)
Alector (ALEC) reported Operating Leases of $13.7 million for Q2 2026, down 34.9% from $21.04 million a year earlier and down 12.4% from the prior quarter.
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Analysis
Alector (ALEC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Alector posted Operating Leases of $17.49 million, down 28.3% from FY2024.
- Operating Leases has declined for five consecutive years, with a five-year compound annual growth rate of -16.8% (FY2020 to FY2025).
- By year, Operating Leases came in at $24.38 million in FY2024 (-20.0%), $30.46 million in FY2023 (-13.6%), $35.27 million in FY2022 (-11.4%) and $39.81 million in FY2021 (-9.0%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year over year, Operating Leases has now declined in each of the last 19 quarters, with an average decline of 25.5% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2021 (growth of 4.0%); the low point was Q2 2026 (a decline of 34.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $15.65 million (Q1 2026), $17.49 million (Q4 2025) and $19.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | Alector | 214.38 Mn | -712.06 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.70 Mn |
| Mar 31, 2026 | 15.65 Mn |
| Dec 31, 2025 | 17.49 Mn |
| Sep 30, 2025 | 19.29 Mn |
| Jun 30, 2025 | 21.04 Mn |
| Mar 31, 2025 | 22.75 Mn |
| Dec 31, 2024 | 24.38 Mn |
| Sep 30, 2024 | 25.96 Mn |
| Jun 30, 2024 | 27.51 Mn |
| Mar 31, 2024 | 29.02 Mn |
| Dec 31, 2023 | 30.46 Mn |
| Sep 30, 2023 | 31.84 Mn |
| Jun 30, 2023 | 32.75 Mn |
| Mar 31, 2023 | 34.05 Mn |
| Dec 31, 2022 | 35.27 Mn |
| Sep 30, 2022 | 36.46 Mn |
| Jun 30, 2022 | 37.62 Mn |
| Mar 31, 2022 | 38.75 Mn |
| Dec 31, 2021 | 39.81 Mn |
| Sep 30, 2021 | 40.83 Mn |
API Access
Alector Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ALEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ALEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ALEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();