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Alumis Inc. ALMS Business Segments — Research And Development Expense

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Other financials

Income statement

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Revenue$1.7M-90.0%
Operating income-$98.4M+3.1%
Net income-$93.1M+6.0%
EPS (diluted)-$0.74+59.3%

Balance sheet

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Cash & equivalents$63.9M-50.3%
Total debt$35.7M+1,881%
Total equity$567.0M+237%
Total assets$671.6M+157%

Cash flow

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Operating cash flow-$87.1M-8.4%
CapEx$164.0K+343%
Free cash flow-$87.2M-8.5%

Valuation

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Market cap$3.12B+739%
Enterprise value$3.1B+1,238%
P/S371.9×

Profitability

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Operating margin-5,364%
Net margin-2,825.7%
FCF margin-4,487.4%

Returns & leverage

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Return on equity-64.6%
Debt / equity0.1×+0.1×
Current ratio7.5×+3.8×

Where this comes from

Reported directly by Alumis Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is Alumis Inc.'s business segments — research and development expense?
Alumis Inc. (ALMS) reported business segments — research and development expense of $81.54M in Q1 2026.
How has Alumis Inc.'s business segments — research and development expense changed year-over-year?
Alumis Inc.'s business segments — research and development expense decreased by 15.6% year-over-year, from $96.62M to $81.54M.
What is the long-term trend for Alumis Inc.'s business segments — research and development expense?
Over 2 years (2023 to 2025), Alumis Inc.'s business segments — research and development expense has grown at a 67.4% compound annual growth rate (CAGR), from $137.68M to $386M.
What does business segments — research and development expense mean?
The aggregate of all costs incurred in the research and development of new products, including personnel, clinical trials, and overhead. This is a primary indicator of the company's commitment to innovation and the advancement of its clinical pipeline.