What is Alpha Cognition's gross margin?

Alpha Cognition (ACOG) reported gross margin of 89.3% in Q1 2026.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Alpha Cognition ACOG Gross margin

Gross margin at other companies

BiogenBIIB

75.5%-0.1pp

AbbVieABBV

70.7%0.0pp

Aquestive Therapeutics, Inc.AQST

63.5%-4.9pp

Acadia PharmaceuticalsACAD

91.5%-0.6pp

ANI PharmaceuticalsANIP

60.8%+1.5pp

uniQureQURE

90.6%-2.9pp

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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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.

gross profit/total revenue=89.3%

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 gross margin?: Alpha Cognition (ACOG) reported gross margin of 89.3% in Q1 2026.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.