Alto Neuroscience (ANRO) Free Cash Flow (2023 - 2026)

Alto Neuroscience (ANRO) posted Free Cash Flow of -$28.0 million for Q1 2026, down 143.42% sequentially from -$11.5 million in Q4 2025, and down 69.07% YoY from -$90.6 million in Q1 2025.

Alto Neuroscience (ANRO) Free Cash Flow (2023 - 2026) Analysis & Trends

Alto Neuroscience has reported Free Cash Flow for 4 years, with the latest figure at -$28.0 million in Q1 2026.

  • Quarterly Free Cash Flow fell 69.07% year-over-year to -$28.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$63.2 million (down 19.79% YoY) and the FY2025 annual result came in at -$51.8 million, down 9.21% from the prior year.
  • Free Cash Flow fell to -$28.0 million in Q1 2026 per ANRO's latest filing, from -$11.5 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at -$6.7 million in Q2 2023 and troughed at -$28.0 million in Q1 2026.
  • A 4-year average of -$12.4 million and a median of -$11.5 million in 2025 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow slumped 79.34% in 2024, then climbed 11.4% in 2025.
  • Over 4 years, Free Cash Flow stood at -$12.0 million in 2023, then dropped by 8.3% to -$13.0 million in 2024, then advanced by 11.34% to -$11.5 million in 2025, then sank by 143.42% to -$28.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$28.0 million, -$11.5 million, and -$9.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 1.01 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 572.80 Mn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -389.61 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 437.80 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -2.33 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 477.44 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 292.04 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -95.09 Mn
10 Alto Neuroscience 1.13 Bn 1.13 Bn - -19.76 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -19.76 Mn
Jun 30, 2026 -19.76 Mn
Mar 31, 2026 -28.03 Mn
Mar 31, 2026 -28.03 Mn
Dec 31, 2025 -11.52 Mn
Dec 31, 2025 -11.52 Mn
Sep 30, 2025 -9.92 Mn
Sep 30, 2025 -9.92 Mn
Jun 30, 2025 -13.78 Mn
Jun 30, 2025 -13.78 Mn
Mar 31, 2025 -16.58 Mn
Mar 31, 2025 -16.58 Mn
Dec 31, 2024 -12.99 Mn
Dec 31, 2024 -12.99 Mn
Sep 30, 2024 -11.19 Mn
Sep 30, 2024 -11.19 Mn
Jun 30, 2024 -12.03 Mn
Jun 30, 2024 -12.03 Mn
Mar 31, 2024 -11.21 Mn
Mar 31, 2024 -11.21 Mn