Alpha Cognition Inc. Common Stock

ACOGNASDAQFinancial Services● Active

$6.02

+$0.20(+3.44%)

Market Cap$93498426

P/E Ratio—

52W High$11.54

52W Low$4.5

Avg Volume49K

Open$5.84

Beta2.37

Free Cash Flow Financials Revenue

Alpha Cognition Inc. Common Stock (ACOG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ACOG · free cash flow · updated Jun 8, 2026

Core FCF metrics

ACOG · FCF · TTM · margin & CAGR

Free cash flow was −$20.7M for FY2025 (fiscal year ending 2025-12-31), down 165.7% year-over-year The FCF margin was -202.3%.

FY2025 Free Cash Flow−$20.7M▼ -165.7% YoY

Trailing 12M (TTM)−$30.4Mtrailing 4 quarters sum

FCF Margin-202.3%−$20.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ACOG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$20.4M(0M)−$20.7M▼ 165.7%-202.3%

FY2024−$7.8M(0M)−$7.8M▲ +10.8%—

FY2023−$8.7M(0M)−$8.7M▲ +29.7%—

FY2022−$12.4M(0M)−$12.4M▲ +2.0%—

FY2021−$12.6M(0M)−$12.7M▼ 82.2%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ACOG · P/FCF · FCF yield · FCF per share

Alpha Cognition Inc. Common Stock (ACOG) reported negative free cash flow of −$0.02B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ACOG · cash flow statement · operating / investing / financing

For FY2025, Alpha Cognition Inc. Common Stock generated −$20.4M in operating cash flow and spent 0M in capital expenditures, yielding −$20.7M in free cash flow.

Operating Activities

−$20.4M

Cash from core business operations

2025-12-31

Investing Activities

−$0.3M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$38.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$20.4M) − |CapEx| (0M) = FCF (−$20.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

ACOG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Alpha Cognition Inc. Common StockYOU

ACOG

−$20.7M-165.7%-202.3%

Loss

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Alpha Cognition Inc. Common Stock (ACOG) reported free cash flow of −$20.7M for FY2025 (fiscal year ending 2025-12-31), down 165.7% year-over-year. The FCF margin was -202.3%.

Alpha Cognition Inc. Common Stock has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ACOG free cash flow · 8 questions

Alpha Cognition Inc. Common Stock free cash flow was −$20.7M for FY2025, down 165.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$30.4M.

ACOG free cash flowACOG FCFACOG FCF 2025ACOG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Alpha Cognition Inc. Common Stock · Alpha Cognition Inc. Common Stock SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026