Alumis (ALMS) Operating Expenses (2023 - 2025)
Alumis' (ALMS) quarterly Operating Expenses came in at $98.4 million in Q4 2025, little changed year-on-year from $98.6 million in Q4 2024, and down 16.18% on a QoQ basis from $117.4 million in Q3 2025.
Alumis (ALMS) Operating Expenses (2023 - 2025) Analysis & Trends
Alumis (ALMS) has 3 years of Operating Expenses data on file, last reported at $98.4 million in Q4 2025.
- On a quarterly basis, Operating Expenses changed 0.25% year-over-year to $98.4 million in Q4 2025; TTM through Dec 2025 was $477.9 million, a 58.89% increase from a year earlier, with the FY2025 full-year figure at $477.9 million, up 58.89% from the prior year.
- Operating Expenses for Q4 2025 stood at $98.4 million, down from $117.4 million in the prior quarter.
- Over the last five years, Operating Expenses for ALMS reached as high as $143.2 million in Q2 2025 and fell as low as $37.6 million in Q2 2023.
- Historically, Operating Expenses has averaged $81.8 million across 3 years, with a median of $98.4 million in 2025.
- On a YoY basis, Operating Expenses climbed as much as 155.09% in 2025 and fell as far as 0.25% in 2025.
- Year by year, Operating Expenses stood at $40.1 million in 2023, then soared by 145.74% to $98.6 million in 2024, then slipped by 0.25% to $98.4 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $98.4 million in Q4 2025, $117.4 million in Q3 2025, and $143.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Alumis | 2.37 Bn | 2.06 Bn | - | 98.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 98.37 Mn |
| Sep 30, 2025 | 117.36 Mn |
| Jun 30, 2025 | 143.21 Mn |
| Mar 31, 2025 | 118.92 Mn |
| Dec 31, 2024 | 98.62 Mn |
| Sep 30, 2024 | 98.40 Mn |
| Jun 30, 2024 | 56.14 Mn |
| Mar 31, 2024 | 47.59 Mn |
| Dec 31, 2023 | 40.13 Mn |
| Sep 30, 2023 | 43.76 Mn |
| Jun 30, 2023 | 37.62 Mn |