Q2 FY2026 EarningsQ2 FY26 results delivered a significant top-line beat with revenue of $3.3M vs. $1.7M expected, driven by collaboration milestones. GAAP EPS of -$0.21 was slightly better than the -$0.22 consensus due to aggressive cost-cutting measures, including a 29.5% YoY reduction in R&D expenses. With $172.8M in cash, management extended the runway through 2027, while the lead ABC-enabled program AL137 is on track for a Q1 2027 IND submission.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Alector(ALEC) the Revenue is 3.32 M (-57.84%), Beat estimate;the EBIT is -24.39 M (+28.55%), Beat estimate;the EPS is -0.21 (+30%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.00B57.84%
0.00B78.24%
+0.00B20.40%
EBITExceed expectations
-0.02B28.55%
-0.03B25.35%
+0.00B3.20%
EPSExceed expectations
-0.2130.00%
-0.21528.33%
+0.00501.67%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf