What is Alumis Inc.'s enterprise value?

Alumis Inc. (ALMS) reported enterprise value of $2.77B in Q1 2026.

How has Alumis Inc.'s enterprise value changed year-over-year?

Alumis Inc.'s enterprise value increased by 1238.0% year-over-year, from $207.32M to $2.77B.

What does enterprise value mean?

Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

Alumis Inc. ALMS Enterprise value

Enterprise value at other companies

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$246.43B+9.9%

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$2.38B+690%

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$3.82B+565%

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%

P/S371.9×—

Profitability

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Operating margin-5,364%—

Net margin-2,825.7%—

FCF margin-4,487.4%—

Returns & leverage

See full

Return on equity-64.6%—

Debt / equity0.1×+0.1×

Current ratio7.5×+3.8×

Where this comes from

Calculated from Alumis Inc.’s reported figures.

$2.8Bmarket cap+$35.7Mtotal debt−$63.9Mcash and equivalents=$2.77B

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 enterprise value?: Alumis Inc. (ALMS) reported enterprise value of $2.77B in Q1 2026.
How has Alumis Inc.'s enterprise value changed year-over-year?: Alumis Inc.'s enterprise value increased by 1238.0% year-over-year, from $207.32M to $2.77B.
What does enterprise value mean?: Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.