10-Q quarterly report · filed Aug 13, 2026

ALUMIS INC. (ALMS) Q2 2026 10-Q Quarterly Report

Short answer

ALUMIS INC. (ALMS) filed its Q2 2026 10-Q quarterly report on Aug 13, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $2M (down 37.7% year over year) with net income of −$142M.

Q2 2026 key financials · XBRL

Revenue
$2M
−37.7% YoY · −4.5% QoQ
Net income
−$142M
−339.7% YoY · −52.8% QoQ
Operating margin
-8956.4%
EPS (diluted)
−$1.12
−192.6% YoY · −51.4% QoQ

Source: XBRL data from the ALUMIS INC. (ALMS) Q2 2026 10-Q on SEC EDGAR. USD.

ALUMIS INC. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $0, unchanged YoY; no products approved or product-sales revenue
  • Net loss $142.2M vs $59.3M net income YoY
  • Accumulated deficit $1,137.2M as of June 30, 2026
  • Operating cash flow remained negative; January offering generated $324.4M net proceeds
  • Envu NDA submission planned Q4 2026; SLE topline results expected Q3 2026

Risk Factors

  • No explicit “no material changes” statement; latest filing identifies no clearly new risk trigger versus the 10-K
  • Financing risk: March 2026 Cantor Sales Agreement permits up to $300.0 million in common-stock offerings
  • Clinical enrollment risk: Phase 2b SLE trial requires active disease at screening, making recruitment challenging
  • Regulatory risk: FDA or foreign regulators may impose clinical holds for protocol, safety, GCP, or funding deficiencies
  • Financial risk: Accumulated deficit reached $1,137.2 million as of June 30, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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