Alumis Inc. Common Stock

ALMSNASDAQHealthcare● Active

$19.30

+$0.24(+1.25%)

Market Cap$2.4B

P/E Ratio—

52W High$30.6

52W Low$2.76

Avg Volume1.3M

Open$19.89

Beta-0.54

Free Cash Flow Financials Revenue

Alumis Inc. Common Stock (ALMS) Free Cash Flow & Analysis

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

ALMS · free cash flow · updated Jun 8, 2026

Core FCF metrics

ALMS · FCF · TTM · margin & CAGR

Free cash flow was −$370.2M for FY2025 (fiscal year ending 2025-12-31), down 44.1% year-over-year

FY2025 Free Cash Flow−$370.2M▼ -44.1% YoY

Trailing 12M (TTM)−$377.0Mtrailing 4 quarters sum

FCF Margin< −999%−$370.2M ÷ 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

ALMS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$369.5M(1M)−$370.2M▼ 44.1%—

FY2024−$255.1M(2M)−$256.8M▼ 91.0%—

FY2023−$130.0M(4M)−$134.5M▼ 22.1%—

FY2022−$107.7M(2M)−$110.1M——

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

FCF valuation metrics

ALMS · P/FCF · FCF yield · FCF per share

Alumis Inc. Common Stock (ALMS) reported negative free cash flow of −$0.37B. 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

ALMS · cash flow statement · operating / investing / financing

For FY2025, Alumis Inc. Common Stock generated −$369.5M in operating cash flow and spent 1M in capital expenditures, yielding −$370.2M in free cash flow.

Operating Activities

−$369.5M

Cash from core business operations

2025-12-31

Investing Activities

+$287.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$2.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$369.5M) − |CapEx| (1M) = FCF (−$370.2M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

ALMS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Alumis Inc. Common StockYOU

ALMS

−$370.2M-44.1%-1539.2%

Loss

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

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

About Free Cash Flow & Methodology

Alumis Inc. Common Stock (ALMS) reported free cash flow of −$370.2M for FY2025 (fiscal year ending 2025-12-31), down 44.1% year-over-year.

Alumis Inc. Common Stock has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 4 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

ALMS free cash flow · 8 questions

Alumis Inc. Common Stock free cash flow was −$370.2M for FY2025, down 44.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$377.0M.

ALMS free cash flowALMS FCFALMS FCF 2025ALMS free cash flow TTM

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