Alto Neuroscience ANRO
NYSE ANRO
$35.56 -0.84 (-2.31%)
As of: Sep 4, 2026 · 3:59 PM EDT

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 1.01 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 572.80 Mn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -563.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -389.61 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 437.80 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 292.04 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 477.44 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -95.09 Mn
10 Alto Neuroscience 1.52 Bn 1.52 Bn - -19.76 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -19.76 Mn
Mar 31, 2026 -28.03 Mn
Dec 31, 2025 -15.22 Mn
Sep 30, 2025 -9.92 Mn
Jun 30, 2025 -13.78 Mn
Mar 31, 2025 -16.58 Mn
Dec 31, 2024 -13.53 Mn
Sep 30, 2024 -12.73 Mn
Jun 30, 2024 -11.94 Mn
Mar 31, 2024 -11.30 Mn
Dec 31, 2023 -11.88 Mn
Sep 30, 2023 -7.81 Mn
Jun 30, 2023 -6.69 Mn
Mar 31, 2023 -7.55 Mn