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Alto Neuroscience ANRO Total Operating Expenses

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Other financials

Income statement

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Operating income-$27.1M-73.1%
Net income-$26.2M-73.0%
EPS (diluted)-$0.80-42.9%

Balance sheet

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Cash & equivalents$264.3M+63.9%
Total debt$20.9M-17.2%
Total equity$243.4M+75.0%
Total assets$276.3M+60.7%

Cash flow

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Operating cash flow-$27.1M-63.6%
CapEx$556.0K+2,217%
Free cash flow-$27.6M-66.7%

Valuation

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Market cap$1.11B+1,245%
Enterprise value$871.03M-2,281%

Returns & leverage

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Return on equity-38.9%+0.9pp
Debt / equity0.1×-0.1×
Current ratio20.5×-2.0×

Where this comes from

Reported directly by Alto Neuroscience in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Alto Neuroscience’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 7:30 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001999480-26-000012
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Operating expenses:
Research and development$20,294$9,974
General and administrative6,8445,702
Total operating expenses27,13815,676
Loss from operations(27,138)(15,676)
Other income (expense):
Interest income1,5611,827
Interest expense(545)(598)

Item 1. Financial Statements (Unaudited).

FAQ

What is Alto Neuroscience's total operating expenses?
Alto Neuroscience (ANRO) reported total operating expenses of $27.14M in Q1 2026.
How has Alto Neuroscience's total operating expenses changed year-over-year?
Alto Neuroscience's total operating expenses increased by 73.1% year-over-year, from $15.68M to $27.14M.
What is the long-term trend for Alto Neuroscience's total operating expenses?
Over 2 years (2023 to 2025), Alto Neuroscience's total operating expenses has grown at a 32.5% compound annual growth rate (CAGR), from $37.81M to $66.36M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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