What is Alumis Inc.'s non cash lease expense?

Alumis Inc. (ALMS) reported non cash lease expense of $575K in Q1 2026.

How has Alumis Inc.'s non cash lease expense changed year-over-year?

Alumis Inc.'s non cash lease expense increased by 116.2% year-over-year, from $266K to $575K.

What does non cash lease expense mean?

Represents the portion of lease costs recognized as an expense that does not involve an immediate cash outflow. This adjustment is added back to net income in the operating cash flow section to reconcile accounting profit with actual cash generated from operations.

Alumis Inc. ALMS Non Cash Lease Expense

Non Cash Lease Expense at other companies

Enliven TherapeuticsELVN

$93K+9.4%

Paymentus HoldingsPAY

$604K+5.4%

Huron Consulting GroupHURN

$1.64M+14.2%

Rigetti Computing, Inc.RGTI

$419K+9.1%

Nuvation BioNUVB

-$66K-140%

Dave, Inc.DAVE

$0+100%

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

See full

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 alms:NonCashLeaseExpense.

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 non cash lease expense?: Alumis Inc. (ALMS) reported non cash lease expense of $575K in Q1 2026.
How has Alumis Inc.'s non cash lease expense changed year-over-year?: Alumis Inc.'s non cash lease expense increased by 116.2% year-over-year, from $266K to $575K.
What does non cash lease expense mean?: Represents the portion of lease costs recognized as an expense that does not involve an immediate cash outflow. This adjustment is added back to net income in the operating cash flow section to reconcile accounting profit with actual cash generated from operations.