What is Alpha Cognition's EBITDA margin?

Alpha Cognition (ACOG) reported EBITDA margin of -249.3% in Q1 2026.

What does EBITDA margin mean?

EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

Alpha Cognition ACOG EBITDA margin

EBITDA margin at other companies

BiogenBIIB

27%+0.1pp

AbbVieABBV

37.3%—

Aquestive Therapeutics, Inc.AQST

-110.1%+99.1pp

Acadia PharmaceuticalsACAD

8.5%-16.4pp

ANI PharmaceuticalsANIP

23.1%+13.1pp

uniQureQURE

-986.8%+398pp

Other financials

Income statement

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Revenue$3.5M+20.7%

Gross profit$3.3M+12.7%

Operating income-$8.1M-138%

Net income-$6.5M-276%

EPS (diluted)-$0.32-191%

Balance sheet

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Cash & equivalents$54.3M+100,638%

Total equity$57.5M+49.2%

Total assets$69.2M+42.5%

Cash flow

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Operating cash flow-$11.8M-477%

CapEx$1.3K-97.9%

Free cash flow-$11.8M-460%

Valuation

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Market cap$157.21M+6.6%

P/S14.5×—

Profitability

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Gross margin89.3%—

Operating margin-250.1%—

Net margin-232.2%—

FCF margin-280.5%—

Returns & leverage

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Return on equity-52.4%-5.3pp

Current ratio12.6×-4.5×

Where this comes from

Calculated from Alpha Cognition’s reported figures.

ebitda/total revenue=-249.3%

Based on trailing twelve months.

The official record: Alpha Cognition’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alpha Cognition's EBITDA margin?: Alpha Cognition (ACOG) reported EBITDA margin of -249.3% in Q1 2026.
What does EBITDA margin mean?: EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.