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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›ALEC›Financials
Annual statements · SEC XBRL · FY2017 – FY2025

Alector, Inc. (ALEC) financials

Income statement

Alector, Inc. (ALEC) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.87M$27.5M$21.2M$21.1M$207M$134M$97.1M$101M$21.0M
Revenue growth—857.8%-22.9%-0.6%881.5%-35.5%-27.4%3.6%-79.1%
Operating income-$32.7M-$57.3M-$114M-$195M-$37.4M-$138M-$152M-$145M-$156M
Operating margin-1137.8%-208.3%-539.2%-925.1%-18.0%-103.2%-156.3%-144.2%-741.3%
Net income-$32.5M-$52.2M-$105M-$190M-$36.3M-$133M-$130M-$119M-$143M
Net margin-1130.9%-189.9%-496.7%-901.6%-17.5%-99.8%-134.3%-118.4%-679.2%
EPS (diluted)-$3.55-$4.62-$1.71-$2.45-$0.45-$1.62-$1.56-$1.23-$1.39

Cash flow

Alector, Inc. (ALEC) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$17.8M$127M-$99.3M-$167M$299M-$20.3M-$184M-$230M-$184M
Capital expenditures$801K$1.88M$15.3M$5.03M$3.25M$4.12M$2.38M$1.25M$41.0K
Free cash flow-$18.6M$126M-$115M-$172M$295M-$24.4M-$187M-$231M-$184M

Balance sheet

Alector, Inc. (ALEC) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$32.5M$65.5M$89.6M$50.0M$329M$154M$74.6M$33.0M$65.8M
Total assets—$308M$422M$488M$815M$788M$622M$468M$293M
Total liabilities—$195M$227M$221M$514M$573M$488M$342M$263M
Long-term debt——————$0.00$9.39M$9.32M
Shareholders' equity-$52.0M-$97.4M$195M$268M$301M$214M$134M$127M$30.6M
Retained earnings—-$114M-$220M-$410M-$446M-$580M-$710M-$829M-$972M
Shares (wtd avg diluted)—13.8M69.1M77.8M80.4M82.5M83.7M96.6M103M

Every figure is extracted from Alector, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Alector, Inc.'s annual revenue?
Alector, Inc. (ALEC) reported $21.0M of revenue for fiscal year 2025 — down 79.1% from $101M in FY2024, per its annual report filed with the SEC.
Is Alector, Inc. profitable?
Not in FY2025 — ALEC reported a net loss of $143M, per SEC filings.
What is Alector, Inc.'s free cash flow?
-$184M in FY2025 (operating cash flow -$184M minus $41.0K of capital expenditures), from the SEC cash-flow statement.
Does ALEC pay a dividend?
Alector, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full ALEC analysis — verdict, score & filings →Is ALEC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.